Palyanitsa Ltd v Bridgetower Capital Ltd

[2025] SGHCR 21 High Court Registrar 4 July 2025 • HC/OC 139/2024 ( HC/SUM 506/2025,HC/SUM 1132/2025 ) • 66 min read
26 cases cited (22 SG, 4 foreign)

Catchwords

Practice Areas

Judges (1)

Counsel (8)

Parties (2)

Case Significance

[2025] SGHCR 21 is a High Court Registrar decision dated 4 July 2025 concerning Civil Procedure and Contract, specifically addressing summary judgment, pleadings, and formation. The judgment was delivered by Leo Zhi Wei. The case was brought by Palyanitsa Ltd (plaintiff) against Bridgetower Capital, Ltd (defendant). Legal representation was provided by Setia Law LLC and Ascendant Legal LLC. The judgment cites 26 cases (22 Singapore, 4 foreign) and references 3 statutory provisions, including the Evidence Act, the Misrepresentation Act, and the Unfair Contract Terms Act.

Summary

In a dispute over a blockchain staking agreement involving 1,000,000 NEAR Protocol tokens, the claimant sought summary judgment for breach of contract and breach of trust. The court dismissed the summary judgment application and granted the defendant unconditional leave to defend, finding triable issues including whether the agreement was entered into by the claimant in its personal capacity or as agent, and whether the defendant had breached its obligations under the agreement.

What was decided in [2025] SGHCR 21?

[2025] SGHCR 21 (Palyanitsa Ltd v Bridgetower Capital Ltd) is a High Court Registrar decision from 4 July 2025 addressing Civil Procedure and Contract, specifically summary judgment, pleadings, and formation. The judgment was delivered by Leo Zhi Wei.

Who were the parties in Palyanitsa Ltd v Bridgetower Capital Ltd?

The plaintiff in [2025] SGHCR 21 was Palyanitsa Ltd, and the defendant was Bridgetower Capital, Ltd. Legal representation included Ascendant Legal LLC and Setia Law LLC. The case was decided on 4 July 2025 in the High Court Registrar.

Which judge decided [2025] SGHCR 21?

[2025] SGHCR 21 was delivered by Leo Zhi Wei in the High Court Registrar on 4 July 2025. The case concerned Civil Procedure and Contract.

What cases and statutes does [2025] SGHCR 21 cite?

[2025] SGHCR 21 cites 26 prior decisions, including 4 from foreign jurisdictions. It references Evidence Act, Misrepresentation Act, Unfair Contract Terms Act.

Statutes Cited

Misrepresentation Act
s 3
Unfair Contract Terms Act
s 11

Cases Cited (26)

SG (5)
[2023] SGHC 12 [2023] SGHC 216 [2023] SGHC 223 [2023] SGHC 335 [2024] SGHC 174
SLR (17)
[2006] 3 SLR(R) 769 [2007] 2 SLR(R) 655 [2007] 2 SLR(R) 856 [2008] 3 SLR(R) 1029 [2012] 4 SLR 546 [2013] 4 SLR 193 [2014] 2 SLR 1342 [2014] 4 SLR 474 [2015] 4 SLR 250 [2016] 1 SLR 1069 [2017] 1 SLR 219 [2018] 1 SLR 170 [2018] 2 SLR 110 [2019] 2 SLR 412 [2021] 2 SLR 1054 [2022] 2 SLR 1018 [2023] 4 SLR 1644
UK (4)
[1968] 2 QB 545 [2002] 2 AC 164 [2006] EWCA Civ 386 [2013] EWCA Civ 470

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHCR 21)