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PUTRAJAYA, April 9 The Court of Appeal has ruled that a five-star hotel in Kuala Lumpur is liable for the death of a Chinese national at its swimming pool seven years. ....
PUTRAJAYA: The Court of Appeal has ruled that a five-star hotel in Kuala Lumpur is liable for the death of a Chinese national at its swimming pool seven years ago. ....
The recent Federal Court decision in Catajaya Sdn Bhd v Shoppoint Sdn Bhd(1) has breathed new life into the interpretation of termination clauses in contracts. Indeed, it sounded a cautionary note to the business community at large when the Federal Court held that termination clauses must be interpreted strictly. Facts The dispute arose from the termination of a share sale agreement (SSA) between Catajaya Sdn Bhd (appellant) and Shoppoint Sdn Bhd and its shareholders (respondents). Under the SSA, the appellant was to purchase a piece of land held by Shoppoint Sdn Bhd by acquiring its shares. The SSA stipulated specific timelines for the payment of the purchase price, whereby the appellant would pay the balance purchase price by the agreed completion date. ....