Millsopp v Then Feng: Appeal Dismissed in FX Agreement Dispute

Michael Joseph Millsopp appealed to the Appellate Division of the High Court of Singapore against the decision of the High Court to dismiss his claims against Then Feng for misrepresentation, breach of contract, conversion, and unjust enrichment. The claims arose from a disputed agreement regarding the transfer of £1,571,394.13. Millsopp claimed it was a foreign exchange services agreement, while Then Feng contended it was an interest-free loan. The High Court dismissed Millsopp's claims based on a 'no case to answer' submission, finding that Millsopp failed to prove the existence of the FX Agreement. The Appellate Division upheld the High Court's decision, dismissing the appeal.

1. Case Overview

1.1 Court

Appellate Division of the High Court of the Republic of Singapore

1.2 Outcome

Appeal Dismissed

1.3 Case Type

Civil

1.4 Judgment Type

Ex Tempore Judgment

1.5 Jurisdiction

Singapore

1.6 Description

Appeal dismissed due to failure to prove FX agreement. Funds transfer dispute involving misrepresentation, breach of contract, conversion, and unjust enrichment claims.

1.7 Decision Date

2. Parties and Outcomes

Party NameRoleTypeOutcomeOutcome TypeCounsels
Then FengRespondent, DefendantIndividualAppeal UpheldWon
Michael Joseph MillsoppAppellant, PlaintiffIndividualAppeal DismissedLost

3. Judges

Judge NameTitleDelivered Judgment
Woo Bih LiJudge of the Appellate DivisionYes
Quentin LohJudge of the Appellate DivisionNo
Hoo Sheau PengJudge of the High CourtNo

4. Counsels

4. Facts

  1. Appellant transferred £1,571,394.13 to a Singapore bank account held by Ling Capital Pte Ltd.
  2. Appellant claimed the transfer was pursuant to a foreign exchange services agreement (FX Agreement).
  3. Respondent denied the FX Agreement, claiming the funds were an interest-free loan.
  4. The funds or their equivalent were not returned to the appellant.
  5. The Judge upheld the respondent’s “no case to answer” submission.
  6. The appellant’s entire pleaded case is inextricably intertwined with his characterisation of his agreement with the respondent as an FX Agreement.

5. Formal Citations

  1. Millsopp, Michael Joseph v Then Feng, Civil Appeal No 119 of 2021, [2022] SGHC(A) 27

6. Timeline

DateEvent
Appellant transferred £1,571,394.13 to Ling Capital Pte Ltd's Singapore bank account.
Appellant suggested the Funds be remitted in USD.
Appellant referenced respondent converting the Funds to USD in a telephone call.
Suit No 1104 of 2019 commenced.
Appellant’s Statement of Claim (Amendment No 2) dated.
Civil Appeal No 119 of 2021 filed.
Judgment delivered.

7. Legal Issues

  1. Breach of Contract
    • Outcome: The court found that the appellant failed to prove the existence of the FX Agreement, which was the basis of the breach of contract claim.
    • Category: Substantive
  2. Misrepresentation
    • Outcome: The court found that the appellant's misrepresentation claim was premised on the existence of the FX Agreement, which the appellant failed to prove.
    • Category: Substantive
  3. Conversion
    • Outcome: The court found that the appellant's conversion claim was premised on the existence of the FX Agreement, which the appellant failed to prove.
    • Category: Substantive
  4. Unjust Enrichment
    • Outcome: The court found that the appellant's unjust enrichment claim was premised on the existence of the FX Agreement, which the appellant failed to prove.
    • Category: Substantive
  5. No Case to Answer
    • Outcome: The court upheld the respondent's submission of 'no case to answer', finding that the appellant failed to establish a prima facie case.
    • Category: Procedural

8. Remedies Sought

  1. Monetary Damages

9. Cause of Actions

  • Misrepresentation
  • Breach of Contract
  • Conversion
  • Unjust Enrichment

10. Practice Areas

  • Commercial Litigation

11. Industries

  • Financial Services

12. Cited Cases

Case NameCourtAffirmedCitationJurisdictionSignificance
Ma Hongjin v SCP Holdings Pte LtdCourt of AppealYes[2021] 1 SLR 304SingaporeCited for the legal framework that applies in a civil case where a defendant makes a submission of “no case to answer”.
Lena Leowardi v Yeap Cheen SooCourt of AppealYes[2015] 1 SLR 581SingaporeCited for the principle that the court will assume that any evidence led by the plaintiff is true, unless it is inherently incredible or out of common sense.
Lim Eng Hock Peter v Lin Jian Wei and anotherN/AYes[2009] 2 SLR(R) 1004SingaporeCited regarding the test of whether there is no case to answer.
Relfo Ltd (in liquidation) v Bhimji Velji Jadva VarsaniN/AYes[2008] 4 SLR(R) 657SingaporeCited regarding the test of whether there is no case to answer.
Tan Chin Hock v Teo Cher Koon and another and another appealHigh CourtYes[2022] SGHC(A) 15SingaporeCited for the principle that a trier of fact is not bound to prefer one of the parties’ assertions.

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

  • Foreign Exchange Services Agreement
  • FX Agreement
  • No Case to Answer
  • Prima Facie Case
  • Misrepresentation
  • Breach of Contract
  • Conversion
  • Unjust Enrichment
  • Remittance Agreement

15.2 Keywords

  • Foreign Exchange
  • Breach of Contract
  • Misrepresentation
  • Conversion
  • Unjust Enrichment
  • Singapore
  • Appeal
  • Civil Litigation

17. Areas of Law

16. Subjects

  • Contract Dispute
  • Foreign Exchange
  • Civil Procedure