Deutsche Bank Aktiengesellschaft v Lee Yung-Te [2025] SGHC(I) 2 (4 February 2025)

Deutsche Bank Aktiengesellschaft v Lee Yung-Te [2025] SGHC(I) 2 (4 February 2025)

Good reason for extension was found in the claimant's strategy to avoid provoking service of the Hong Kong writ by not serving the Originating Application, which contributed to the expiry of the Hong Kong proceedings and put the claimant in a better position for settlement. However, ongoing negotiations alone were insufficient; practical difficulties in service and the possibility of retrospective extension of the Hong Kong writ justified a short extension.

Citation
[2025] SGHC(I) 2
Parties
Claimant: Deutsche Bank Aktiengesellschaft; Defendant: Lee Yung-Te
Jurisdiction
Singapore
Judgment Date
04 February 2025
Procedural Posture
Originating Application / Application for Extension of Validity of Originating Application
Outcome
Application granted in part
Legal Topics
Extension of Validity of Originating Process, Service of Process, Settlement Negotiations, Discretion to Extend Time
Civil Procedure Extension of Validity of Originating Process Service of Process Settlement Negotiations Discretion to Extend Time

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 3 Authorities cited 7 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Parties

Deutsche Bank Aktiengesellschaft

Claimant

Lee Yung-Te

Defendant

Procedural Posture

Originating Application / Application for Extension of Validity of Originating Application

Legal Issues

  1. 1 Whether there was good reason to extend the validity of the Originating Application for service beyond the initial 12-month period

Ratio Decidendi

Good reason for extension was found in the claimant's strategy to avoid provoking service of the Hong Kong writ by not serving the Originating Application, which contributed to the expiry of the Hong Kong proceedings and put the claimant in a better position for settlement. However, ongoing negotiations alone were insufficient; practical difficulties in service and the possibility of retrospective extension of the Hong Kong writ justified a short extension.

Court Disposition

Application granted in part

Orders

  • Validity of the Originating Application extended for two months from 30 January 2025
  • Costs of the application to be costs in the proceedings