BIDZINA IVANISHVILI & 4 Ors v CREDIT SUISSE TRUST LIMITED

[2023] SGHC(I) 14 Singapore International Commercial Court 19 September 2023 SIC/S 4/2021 54 min read
5 cases cited Cited by 1 case

Key facts

Court Singapore International Commercial Court
Decided
Judge Patricia Bergin
Charges / claim Civil Procedure
Counsel Allen & Gledhill LLP, Drew & Napier LLC, Rajah & Tann Singapore LLP, Afzal Ali, Cavinder Bull, Disa Sim, Fiona Chew Yan Bei, Gan Yun Han Rebecca, Gerald Paul Seah Yong Sing, Justin William Jeremiah, Kelly Tseng Ai Lin, Kenneth Lim Tao Chung, Lee Eng Beng, Liang Fang Ling Elisabeth, Mak Sushan Melissa, Tan Yuan Kheng, Torsten Cheong, Wong Pei Ting, Woo Shu Yan, Yeow Yuet Cheong

Source: [2023] SGHC(I) 14, Singapore International Commercial Court, decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (20)

Parties (6)

Case Significance

Ivanishvili, Bidzina and others v Credit Suisse Trust Ltd [2023] SGHC(I) 14 is a reserved judgment of Patricia Bergin IJ in the Singapore International Commercial Court, delivered on 19 September 2023 in Suit No 4 of 2021. The five plaintiffs — Bidzina Ivanishvili, Ekaterine Khvedelidze, Tsotne Ivanishvili (a minor), Gvantsa Ivanishvili and Bera Ivanishvili — and the defendant Credit Suisse Trust Limited returned for the finalisation of orders consequent on the merits judgment delivered on 26 May 2023 ([2023] SGHC(I) 9). The judgment addresses three main issues: the quantification of the amount payable under Model 1B given the finding that the defendant's breach occurred on 30 March 2008 rather than 31 December 2007, the costs of the proceedings, and whether a declaration should be made that the Deed of Amendment and Restatement is void and/or unenforceable.

[2023] SGHC(I) 14 explained

BIDZINA IVANISHVILI & 4 Ors v CREDIT SUISSE TRUST LIMITED ([2023] SGHC(I) 14) is a Singapore judgment decided by the Singapore International Commercial Court on 19 September 2023. It is categorised under Civil Procedure. Within this corpus it has since been cited by 1 other reported Singapore judgment, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.

What is [2023] SGHC(I) 14 about?

BIDZINA IVANISHVILI & 4 Ors v CREDIT SUISSE TRUST LIMITED ([2023] SGHC(I) 14) is a Singapore International Commercial Court decision from 2023. Its published catchwords are “Civil Procedure — Costs” and “Civil Procedure — Final orders”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2023] SGHC(I) 14 consider?

The judgment refers to Trustees Act (Cap 337). The statutes cited are listed in full on this page, each linking to its primary text.

What earlier Singapore cases does [2023] SGHC(I) 14 cite?

Among the in-corpus authorities it refers to are [2023] SGHC(I) 9. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

How influential is [2023] SGHC(I) 14?

Within this corpus, [2023] SGHC(I) 14 has been cited by 1 later reported Singapore judgment. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.

What was Ivanishvili v Credit Suisse Trust Ltd [2023] SGHC(I) 14 about?

It was the finalisation of orders before Patricia Bergin IJ in the Singapore International Commercial Court, decided on 19 September 2023, following the 26 May 2023 merits judgment in the Ivanishvili family's trust suit against Credit Suisse Trust Limited.

What issues did the court address in [2023] SGHC(I) 14?

The court dealt with three issues: quantifying the amount payable under Model 1B from the breach date of 30 March 2008, the costs of the proceedings, and whether to declare the Deed of Amendment and Restatement void and/or unenforceable.

Statutes Cited

Cases Cited (5)

SG (2)
[2022] SGHC(I) 6 [2023] SGHC(I) 9
SLR (3)
[2020] 2 SLR 638 [2022] 3 SLR 174 [2023] 1 SLR 96

Cited By (1)

Related cases

Other Singapore judgments involving the same parties or counsel.

Referenced in

Statutes interpreted in this judgment

Legal concepts & references

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2023] SGHC(I) 14)