LEELAWATHY PT SINGAM v 1. ) TANG CHING YEE 2. ) LOONG CAESAR 3. ) DAVID SOON TSHON LI 4. ) CARA YASMIN BINTI KAMARUDDIN

wa-22ncvc-349-06-2022 High Court (Mahkamah Tinggi) 21 May 2025 • WA-22NCvC-349-06/2022

Catchwords

Subject Matter: Professional negligence. Solicitor’s duty of care. Unregulated collective investment scheme. Failure to advise on legal and regulatory risks. Conflict of interest. The plaintiff sued her solicitors for professional negligence relating to a failed property investment in the United Kingdom. The defendant is found liable for breach of duty of care in failing to advise the plaintiff on the risk that the scheme constituted an unregulated collective investment scheme under the UK Financial Services and Markets Act 2000. The breach also arose from non-compliance with the UK SRA guidance, failure to explain the legal risks and non-enforceability of contractual guarantees and failure to disclose a conflict of interest. Causation was established and the plaintiff’s losses were recoverable.

Practice Areas

Tort

Judges (1)

Ahmad Shahrir b. Mohd Salleh Delivered

Parties (5)

Cara Yasmin binti Kamaruddin Defendant David Soon Tshon Li Defendant Leelawathy Pt Singam Plaintiff Loong Caesar Defendant Tang Ching Yee Defendant

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-22ncvc-349-06-2022)