COUNSEL & SOLICITOR:
For the plaintiff – Lim Kian Leong & Tan Keng Teck; M/s Lim Kian Leong & Co
High Court
Contract – Breach – Damages – Loan syndication facility granted by defendant and co-lenders to plaintiff for completion of construction project – Defendant assumed lead bank role in loan facility – Whether defendant bank in breach of its contractual duties as agent in loan facility – Whether defendant’s indifference towards plight of plaintiff inconsistent with its duties as plaintiff’s agent – Whether defendant in breach of duty to act in good faith in conduct of facilities granted to plaintiff – Whether defendant was fiduciary of plaintiff – Whether defendant and co-lenders misapplied monies – Whether delay by defendant and co-lenders in response to their obligations as bankers was direct cause of delay in completion of revised project – Whether defendant and co-lenders jointly liable for damages claimed by plaintiff – Whether defendant and co-lenders in breach of contractual, tortious and fiduciary obligations under financial arrangement