Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v FENG SHI & 2 Ors

[2023] SGHCR 16 High Court Registrar 13 October 2023 HC/OC 10/2022 ( HC/SUM 2215/2023 ) 58 min read
24 cases cited (17 SG, 7 foreign) Cited by 2 cases

Key facts

Court High Court Registrar
Decided
Judge Perry Peh
Charges / claim Civil Procedure, Abuse of process
Counsel K&L Gates Straits Law LLC, WNLEX LLC, WongPartnership LLP, Claire Tan, Kelvin Lee, Leow Jiamin, N Sreenivasan, Nicole Seah, Samantha Ong

Source: [2023] SGHCR 16, High Court Registrar, decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (9)

Parties (4)

Case Significance

Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v Feng Shi and others [2023] SGHCR 16 is a reserved judgment of Assistant Registrar Perry Peh in the General Division of the High Court, delivered on 13 October 2023 in Originating Claim No 10 of 2022 (Summons No 2215 of 2023). The second defendant applied under O 9 r 16 of the Rules of Court 2021 to strike out the claimant's claims against him, arguing that they overlapped in subject matter with claims previously pursued in arbitration and, under the Henderson v Henderson doctrine of abuse of process, could and should have been raised there. A key issue was whether the extended doctrine of res judicata could be invoked by the second defendant, who was neither a party to the earlier arbitration nor to the arbitration agreement under which it had been constituted.

[2023] SGHCR 16 explained

Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v FENG SHI & 2 Ors ([2023] SGHCR 16) is a Singapore judgment decided by the High Court Registrar on 13 October 2023. It is categorised under Civil Procedure and Abuse of process. Within this corpus it has since been cited by 2 other reported Singapore judgments, 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] SGHCR 16 about?

Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v FENG SHI & 2 Ors ([2023] SGHCR 16) is a High Court Registrar decision from 2023. Its published catchwords are “Civil Procedure — Striking out” and “Abuse of process — Henderson v Henderson doctrine”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2023] SGHCR 16 consider?

The judgment refers to Arbitration Act (Cap 10), International Arbitration Act (Cap 143A), and International Arbitration Act (Cap 10). The statutes cited are listed in full on this page, each linking to its primary text.

How influential is [2023] SGHCR 16?

Within this corpus, [2023] SGHCR 16 has been cited by 2 later reported Singapore judgments. 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.

Summary

Cachet Multi Strategy Fund SPC, a Cayman Islands hedge fund, sued Alex SK Liu over an investment in Haven Global Network it alleged was fraudulently induced. Liu, who was not a party to earlier arbitration proceedings, applied to strike out the claims as an abuse of process and as unsustainable. The Assistant Registrar dismissed the application, holding the claims were not an abuse of process and that the sharply conflicting factual accounts were unsuitable for summary determination.

What was Cachet Multi Strategy Fund SPC v Feng Shi [2023] SGHCR 16 about?

It was a striking-out application by the second defendant before Assistant Registrar Perry Peh, arguing that the claimant's claims were an abuse of process under the Henderson v Henderson doctrine because they overlapped with an earlier arbitration, decided on 13 October 2023.

What key issue did [2023] SGHCR 16 raise on abuse of process?

The decision considered whether the extended doctrine of res judicata and the Henderson v Henderson abuse-of-process principle could be invoked by the second defendant, who was neither a party to the earlier arbitration nor to the underlying arbitration agreement.

Statutes Cited

Cases Cited (24)

SG (1)
[2022] SGHC 17
SLR (16)
[1997] 3 SLR(R) 649 [2003] 3 SLR(R) 644 [2007] 1 SLR(R) 453 [2009] 4 SLR(R) 732 [2011] 3 SLR 414 [2011] 4 SLR 997 [2012] 4 SLR 546 [2015] 1 SLR 875 [2015] 3 SLR 488 [2015] 5 SLR 1104 [2016] 1 SLR 966 [2018] 1 SLR 818 [2018] 3 SLR 117 [2019] 2 SLR 216 [2022] 2 SLR 1018 [2023] 3 SLR 652
UK (6)
[1920] 2 KB 497 [1982] AC 529 [1986] QB 441 [2002] AC 1 [2004] EWCA Civ 1660 [2013] 3 WLR 299
HK (1)
[2023] HKCA 66

Cited By (2)

Related cases

Other Singapore judgments involving the same parties or counsel.

Referenced in

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2023] SGHCR 16)