THE ENTERPRISE FUND III LTD & Anor v CNPLAW LLP
Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Choo Han Teck |
| Charges / claim | Tort |
| Counsel | David Lim & Partners LLP, K&L Gates Straits Law LLC, Allister Tan, Ang Mei-Ling Valerie Freda, Joelle Tan, Lim Wei Liang Jason, Narayanan Sreenivasan, Ng Wei Jin, Richard Yeoh Kar Hoe, Siraj Omar, Tan Kai Ning Claire |
Source: [2023] SGHC 345, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (11)
Case Significance
The Enterprise Fund III Ltd and another v CNPLaw LLP [2023] SGHC 345 was a decision of the General Division of the High Court by Choo Han Teck J in Suit No 355 of 2021, heard on 24 to 26 October and 24 November 2023 with judgment reserved and delivered on 7 December 2023. The plaintiffs, Singapore-incorporated fund The Enterprise Fund III Ltd and BVI-incorporated Value Monetization III Ltd, were investment funds managed by Crest Capital Asia Fund Management Pte Ltd that brought a negligence claim against CNPLaw LLP, formerly Colin Ng & Partnership, their lawyers since 2008. The judgment concerned an alleged breach of a lawyer's duty of care to the lender-clients.
[2023] SGHC 345 explained
THE ENTERPRISE FUND III LTD & Anor v CNPLAW LLP ([2023] SGHC 345) is a Singapore judgment decided by the High Court (General Division) on 7 December 2023. It is categorised under Tort. It is a recent decision; within this corpus no later judgment has cited it yet. 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 345 about?
THE ENTERPRISE FUND III LTD & Anor v CNPLAW LLP ([2023] SGHC 345) is a High Court (General Division) decision from 2023. Its published catchwords are “Tort – Negligence – Breach of duty – Lawyers”, 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 345 consider?
The judgment refers to Companies Act (Cap 50). The statutes cited are listed in full on this page, each linking to its primary text.
Summary
Two investment funds, The Enterprise Fund III Ltd and Value Monetization III Ltd, sued their former lawyers CNPLaw LLP in negligence over a loan facility agreement executed in 2015 with a borrower, after the funds suffered losses. The dispute centred on whether the law firm breached a duty of care in advising on and drafting the facility. Choo Han Teck J held the firm's duty ended when its work was completed in August 2015, found the negligence claim not made out, and dismissed the plaintiffs' claim.
What was The Enterprise Fund III Ltd v CNPLaw LLP [2023] SGHC 345 about?
It was a professional negligence claim in the General Division of the High Court by investment funds The Enterprise Fund III Ltd and Value Monetization III Ltd against their long-standing lawyers CNPLaw LLP, decided by Choo Han Teck J on 7 December 2023.
Who were the parties in the CNPLaw LLP negligence case in 2023 ([2023] SGHC 345)?
The plaintiffs were Singapore fund The Enterprise Fund III Ltd and BVI fund Value Monetization III Ltd, both managed by Crest Capital Asia Fund Management Pte Ltd. The defendant was CNPLaw LLP, formerly Colin Ng & Partnership, their lawyers since 2008.
Statutes Cited
Cases Cited (2)
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 eLitigationSource: eLitigation ([2023] SGHC 345)