Law firm fails to strike out suit by its founder Zaid Ibrahim
Modified8:19 am
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A law firm failed in its bid to strike out its founder Zaid Ibrahim’s lawsuit that sought to stop it from using his name.
The High Court in Kuala Lumpur this afternoon denied the striking-out application by Messrs Zaid Ibrahim & Co against the suit by the former de facto law minister.
Judge Ahmad Bache made the decision issued via email to the parties.
In a copy of the ruling made available to the media, the judge ruled that the legal action is not something that is suitable to be decided summarily via a striking-out application.
KUALA LUMPUR (Dec 30): Former de facto Law minister Datuk Mohd Zaid Ibrahim filed a pre-trial discovery application against the firm he founded, Messrs Zaid Ibrahim & Co, and the law firm s executive chairman and senior partner Datuk Seri Dr Nik Norzrul Thani N Hassan Thani and former managing partner Chew Seng Kok.
The application was filed by Zaid s solicitors Messrs Suffian TH Liew & Partners last Dec 18, in addition to the suit the former minister filed a month earlier.
A case management for the matter was done last Dec 23, before High Court deputy registrar Nurliana Ismail.
In the application sighted by theedgemarkets.com, the 69 year-old Zaid is seeking documents from the law firm which made payments to him after he relinquised his 57% equity share in the law firm in 2008 for RM25.65 million, which was to be made with 20 annual installments of RM1.2 million and the last payment of RM1.65 million.