CRRC v Chen Weiping: Summary Judgment & Striking Out in Guarantee Claim

The plaintiffs, CRRC (Hong Kong) Co Limited and CRRC HongKong Capital Management Co Limited, filed a second action against the defendant, Chen Weiping, as guarantor of Midas Holdings Limited's obligations, specifically regarding the Series 004 Notes. The High Court of Singapore granted the plaintiffs' application for summary judgment against Chen and struck out Chen's counterclaim against the plaintiffs, Chew Hwa Kwang Patrick, and Guo Bingqiang. The decision, delivered by Justice Woo Bih Li on April 29, 2019, mirrored the outcome of a similar first action (Suit No 420 of 2018) concerning the Series 003 Notes.

1. Case Overview

1.1 Court

High Court of the Republic of Singapore

1.2 Outcome

Summary judgment granted against the defendant; counterclaim struck out.

1.3 Case Type

Civil

1.4 Judgment Type

Grounds of Decision

1.5 Jurisdiction

Singapore

1.6 Description

Summary judgment granted against Chen Weiping as guarantor for Midas' obligations. Counterclaim struck out. Similar to Suit 420 of 2018.

1.7 Decision Date

2. Parties and Outcomes

Party NameRoleTypeOutcomeOutcome TypeCounsels
CRRC (Hong Kong) Co LimitedPlaintiff, Defendant in CounterclaimCorporationCounterclaim Struck OutWon
CRRC HongKong Capital Management Co LimitedPlaintiff, Defendant in CounterclaimCorporationCounterclaim Struck OutWon
Chen WeipingDefendant, Plaintiff in CounterclaimIndividualSummary Judgment GrantedLost
Chew Hwa Kwang PatrickThird Party, Defendant in CounterclaimIndividualCounterclaim Struck OutWon
Guo BingQiangDefendant in CounterclaimIndividualCounterclaim Struck OutWon

3. Judges

Judge NameTitleDelivered Judgment
Woo Bih LiJudgeYes

4. Counsels

Counsel NameOrganization
Ng Guo XiDentons Rodyk & Davidson LLP
Lee Wei AlexanderDentons Rodyk & Davidson LLP
Ajinderpal SinghDentons Rodyk & Davidson LLP
Zoe PittasDentons Rodyk & Davidson LLP
Chen Jie’An JaredDrew & Napier LLC
Ang Xin Yi FeliciaDrew & Napier LLC
Wong Hin Pkin WendallDrew & Napier LLC
Loo Quan Rung AlexisDrew & Napier LLC
Chong Xue Er CherylAllen & Gledhill LLP
Aaron Lee Teck ChyeAllen & Gledhill LLP

4. Facts

  1. Plaintiffs filed a second action against Chen as guarantor of Midas' obligations.
  2. The second action concerned the Series 004 Notes issued by Midas.
  3. Plaintiffs sought summary judgment against Chen.
  4. Chen filed a counterclaim against the Plaintiffs, Chew Hwa Kwang Patrick, and Guo Bingqiang.
  5. The arguments in the applications were the same as those in the first action (Suit No 420 of 2018).

5. Formal Citations

  1. CRRC (Hong Kong) Co Ltd and another v Chen Weiping (Chew Hwa Kwang Patrick, third party), Suit No 815 of 2018, [2019] SGHC 110

6. Timeline

DateEvent
First action filed by the Plaintiffs against Chen (Suit No 420 of 2018).
Plaintiffs filed Summons No 5242 of 2018 for summary judgment against Chen.
Plaintiffs and Guo Bingqiang filed Summons No 5698 of 2018 to strike out the counterclaim by Chen against them.
Patrick Chew filed Summons No 5705 of 2018 to strike out Chen’s counterclaim against him and Summons No 5703 of 2018 to set aside Chen’s Third Party Notice against him.
Hearing date.
Judgment date.

7. Legal Issues

  1. Summary Judgment
    • Outcome: Summary judgment was granted against the defendant.
    • Category: Procedural
  2. Striking Out
    • Outcome: The counterclaim was struck out.
    • Category: Procedural

8. Remedies Sought

  1. Summary Judgment
  2. Striking Out of Counterclaim

9. Cause of Actions

  • Guarantee

10. Practice Areas

  • Commercial Litigation

11. Industries

  • No industries specified

12. Cited Cases

Case NameCourtAffirmedCitationJurisdictionSignificance
No cited cases

13. Applicable Rules

Rule Name
No applicable rules

14. Applicable Statutes

Statute NameJurisdiction
No applicable statutes

15. Key Terms and Keywords

15.1 Key Terms

  • Summary Judgment
  • Striking Out
  • Guarantee
  • Counterclaim
  • Series 004 Notes
  • Midas Holdings Limited

15.2 Keywords

  • Summary Judgment
  • Striking Out
  • Guarantee
  • Counterclaim
  • Singapore
  • High Court

17. Areas of Law

Area NameRelevance Score
Summary Judgement80
Civil Practice75
Striking out70
Guarantee60
Contract Law40

16. Subjects

  • Civil Procedure
  • Contract Law