Singapore Court Dismisses Oil Tycoon Family’s Appeal Against Ocean Tanker Suit

Singapore’s highest court has dismissed an appeal by oil tycoon Lim Oon Kuin and his two children after they were successfully sued for breach of fiduciary duties by the court-appointed managers of a company they once owned. Lim is the founder of defunct Hin Leong Trading Pte Ltd and Ocean Tankers, once one of Asia’s …

The post Singapore Court Dismisses Oil Tycoon Family’s Appeal Against Ocean Tanker Suit first appeared on Hellenic Shipping News Worldwide.

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