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SICC strikes out Star Casino’s bid to recover A$43.2 casino debt

10 Jul 2020

The Straits Times has reported that Providence Law Asia’s Abraham Vergis and Lim Mingguan successfully struck out Sydney’s Star Casino’s bid to recover a A$43.2 million gambling debt from Singaporean high roller Dr Wong Yew Choy.

In explaining why he struck out the claim, Singapore International Commercial Court judge Jeremy Cooke said “it was a necessary concomitant of a public policy which is protective of Singapore’s interests”.

“However much it might stick in the gullet and appear unconscionable for a wealthy man to avoid what has been described as a ‘debt of honour’… the Court is not able to countenance a claim brought for sums allegedly won on a wager”.

Read full article here.