Lai Kai Jin Michael (Lai Kairen Michael) v Maybank Securities Pte. Ltd. & Anor
Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Andre Maniam |
| Charges / claim | Contract, Damages, Equity |
| Counsel | Selvam LLC, Setia Law LLC, Loh Weijie Leonard, Mah Hao Ran Ian, Ong Tun Wei Danny, Sarbjit Singh Chopra, Teo Jason, Wong Hoi Leng Chloe |
Source: [2025] SGHC 206, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (8)
Case Significance
[2025] SGHC 206 is a High Court (General Division) decision dated 24 October 2025 concerning Contract, Damages, and Equity, specifically addressing breach, compensation and damages, and remedies. The judgment was delivered by Andre Maniam. The case was brought by Lai Kai Jin Michael (Lai Kairen Michael) (plaintiff) against Maybank Securities Pte Ltd and others (defendant). Legal representation was provided by Selvam LLC and Setia Law LLC. The judgment cites 4 cases (3 Singapore, 1 foreign) and references 1 statutory provision, namely the Evidence Act.
[2025] SGHC 206 explained
Lai Kai Jin Michael (Lai Kairen Michael) v Maybank Securities Pte. Ltd. & Anor ([2025] SGHC 206) is a Singapore judgment decided by the High Court (General Division) on 24 October 2025. It is categorised under Contract, Damages, and Equity. 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 [2025] SGHC 206 about?
Lai Kai Jin Michael (Lai Kairen Michael) v Maybank Securities Pte. Ltd. & Anor ([2025] SGHC 206) is a High Court (General Division) decision from 2025. Its published catchwords are “Contract — Breach”, “Damages — Compensation and damages”, and “Equity — Remedies — Account — Account on wilful default basis”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2025] SGHC 206 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.
Summary
Mr Lai sued Maybank Securities and his trading representative Ms Teo for losses in his brokerage accounts over an 11-year period during which Ms Teo had broad discretion to transact. The court dismissed Mr Lai's claim as he had given Ms Teo authority to trade, failed to review account statements sent to him, and his claim was time-barred. Maybank Securities' counterclaim for outstanding amounts was granted, with costs of over $1.15 million awarded on a contractual indemnity basis.
What was decided in [2025] SGHC 206?
[2025] SGHC 206 (Lai Kai Jin Michael (Lai Kairen Michael) v Maybank Securities Pte. Ltd. & Anor) is a High Court (General Division) decision from 24 October 2025 addressing Contract, Damages, and Equity, specifically breach, compensation and damages, and remedies. The judgment was delivered by Andre Maniam.
Who were the parties in Lai Kai Jin Michael (Lai Kairen Michael) v Maybank Securities Pte. Ltd. & Anor ([2025] SGHC 206)?
The plaintiff in [2025] SGHC 206 was Lai Kai Jin Michael (Lai Kairen Michael), and the defendant was Maybank Securities Pte Ltd, Teo Hui-Ni Sumiko-Jill (Zhang Huini). Legal representation included Selvam LLC and Setia Law LLC. The case was decided on 24 October 2025 in the High Court (General Division).
Which judge decided [2025] SGHC 206?
[2025] SGHC 206 was delivered by Andre Maniam in the High Court (General Division) on 24 October 2025. The case concerned Contract, Damages, and Equity.
What cases and statutes does [2025] SGHC 206 cite?
[2025] SGHC 206 cites 4 prior decisions, including 1 from foreign jurisdictions. It references Evidence Act.
Statutes Cited
Cases Cited (4)
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 ([2025] SGHC 206)