Mercator & Noordstar NV

Mercator & Noordstar NV is a corporation in Singapore's legal system. The party has been involved in 2 cases in Singapore's courts. Represented by 2 counsels. Through 1 law firm.

Legal Representation

Mercator & Noordstar NV has been represented by 1 law firm and 2 counsels.

Law FirmCases Handled
Wong & Leow LLC2 cases

Case Complexity Analysis

Analysis of Mercator & Noordstar NV's case complexity based on the number of parties involved and case characteristics.

Complexity Overview

Average Parties per Case
2.0
Complex Cases
0 (0.0%)
Cases with more than 3 parties

Complexity by Case Type

TypeCases
Lost12.0 parties avg
Partial12.0 parties avg

Complexity Trends Over Time

YearCases
200322.0 parties avg

Case Outcome Analytics

Analysis of Mercator & Noordstar NV's case outcomes, including distribution by type, yearly trends, and monetary outcomes where applicable.

Outcome Distribution

Outcome TypeCases
Lost1(50.0%)
Partial1(50.0%)

Monetary Outcomes

CurrencyAverage
SGD0.001 cases
USD5,080,000.001 cases

Yearly Outcome Trends

YearTotal Cases
20032
11

Case History

Displaying all 2 cases

CaseRoleOutcome
22 Sep 2003
AppellantPartialAppeal allowed in part relating to the substantive issue. The court declared that the plaintiff has not proven that the payment of US$5,080,000 made by Velstra to Mercator on 5 January 2000 constitutes a transaction at an undervalue within the meaning of s 98 of the Bankruptcy Act read with s 329 of the Companies Act. The appellant has not succeeded on the issue of “transaction”, it shall only be entitled to 60% of the costs, here and below. Appeal on the procedural matter dismissed. Assumed SGD as the judgment originates from Singapore.
23 Feb 2003
DefendantLostThe court dismissed the defendant's arguments and ordered them to return the US$5.08 million to the plaintiffs. Assumed USD, as the payment was made in USD.