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

[2024] SGHC 327 High Court (General Division) 26 December 2024 • HC/OC 10/2022 ( HC/RA 174/2024,HC/RA 175/2024 ) • 20 min read
6 cases cited Cited by 2 cases

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 [2024] SGHC 327 is a reserved judgment of the General Division of the High Court (Originating Claim No 10 of 2024, Registrar's Appeals Nos 174 and 175 of 2024) delivered by Choo Han Teck J on 26 December 2024, following a hearing on 22 November 2024. RA 174 was the second defendant Mr Liu's appeal against AR Sherilyn Chew's dismissal of his application for further and better particulars, and RA 175 was the claimant Cachet's appeal against AR Elton Tan's dismissal of its application for specific discovery. Choo Han Teck J dismissed RA 174 during the hearing and dismissed RA 175, but ordered Mr Liu to provide an affidavit on whether he had certain known adverse documents in his possession and, if so, to disclose those documents. The claimant Cachet is a hedge fund incorporated in the Cayman Islands and the third defendant, Haven Global Network Pte Ltd, is a Singapore-incorporated company.

[2024] SGHC 327 explained

Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v FENG SHI & 2 Ors ([2024] SGHC 327) is a Singapore judgment decided by the High Court (General Division) on 26 December 2024. It is categorised under Civil Procedure. 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 [2024] SGHC 327 about?

Cachet Multi Strategy Fund SPC on behalf of Cachet Special Opportunities SP v FENG SHI & 2 Ors ([2024] SGHC 327) is a High Court (General Division) decision from 2024. Its published catchwords are “Civil Procedure — Production of documents — Legal privilege” and “Civil Procedure — Production of documents — Private or internal correspondence”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2024] SGHC 327 consider?

The judgment refers to Evidence Act (Cap 97). The statutes cited are listed in full on this page, each linking to its primary text.

What earlier Singapore cases does [2024] SGHC 327 cite?

Among the in-corpus authorities it refers to are [2024] SGHCR 9. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

How influential is [2024] SGHC 327?

Within this corpus, [2024] SGHC 327 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

In this matter the second defendant, Alex SK Liu, appealed against the dismissal of his application for further and better particulars, and the claimant, a Cayman Islands hedge fund, appealed against the dismissal of its application for specific discovery, in proceedings concerning its US$20m investment in a Singapore company and alleged representations said to have induced the investment. The appeals raised issues of production of documents, including private or internal correspondence and legal privilege. The court dismissed both appeals but ordered the second defendant to file an affidavit stating whether he had known adverse documents falling under the appeal requests in his possession and, if so, to disclose them or demonstrate on a prima facie basis that they were covered by litigation privilege, with costs reserved to the trial judge.

What did the court decide in Cachet Multi Strategy Fund v Feng Shi [2024] SGHC 327?

Choo Han Teck J dismissed both Registrar's Appeals 174 and 175 on 26 December 2024, rejecting Mr Liu's bid for further and better particulars and Cachet's bid for specific discovery, but ordered Mr Liu to file an affidavit disclosing any known adverse documents in his possession.

Statutes Cited

Cases Cited (6)

SLR (5)
[2007] 2 SLR(R) 367 [2010] 1 SLR 833 [2016] 4 SLR 829 [2016] 5 SLR 590 [2024] 5 SLR 86

Cited By (2)

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 ([2024] SGHC 327)