The High Court in Exxobrite Sdn Bhd v Value Plus Industries Sdn Bhd (grounds of judgment dated 29 July 2022) dealt with the moratorium effect of a judicial management order and the insolvency repercussions arising from the judicial management process.

Summary of the Decision and Significance
Grounds by: Nadzarin bin Wok Nordin J

The company, Value Plus, was placed into judicial management. As part of the judicial management process, the judicial manager had carried out the proof of debt exercise and drew up the judicial manager’s Statement of Proposal. The creditor, Exxobrite, had its debt admitted in the judicial management process.

While the judicial management order was still subsisting, Exxobrite issued a winding up statutory demand for the sum of approximately RM73,000.00.

Subsequently, Exxobrite filed a winding up petition based on both section 466(1)(a) and 466(1)(c) of the Companies Act 2016 (CA 2016). Section 466(1)(a) is

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We usher in 2023 by reviewing the largest law firms in Malaysia in 2022. This compares with the previous editions (2021, 2020, 2019, and 2018).

We refer to the number of lawyers based on the Malaysian Bar legal directory as at to date.

The Year 2022 in Review

The 3 Largest Malaysian Law Firms

As a repeat of last year’s listings, the three largest law firms in Malaysia continue to be Zaid Ibrahim & CoSkrine, and Shearn Delamore & Co.

Zaid Ibrahim & Co maintains its top ranking with the largest number of lawyers: 123 lawyers in total for the year 2022. However, this is a drop from last year’s total of 155 lawyers. The drop in its lawyers could have been due to the development below on the ZICO Law network joining the KPMG organisation.

Nonetheless, Zaid Ibrahim & Co,

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After a car accident, it can be a complicated and confusing process to report, document, and notify all of the appropriate parties. The stakes are high following an accident; your ability to recover compensation depends in large part on what you do next.

Unfortunately, it can be difficult to know how to talk to the different parties who will ask you questions about the accident. The wrong remark to the wrong person, even if seemingly innocent, can create significant problems that could harm your claim.

Here, we’re going to help remove some of the guesswork so that you can approach conversations with the police, insurance companies, and your car accident lawyer with confidence.

If you have been involved in a car accident and have questions about how to move forward, please get in touch with Patrick Daniel Law at (713) 999-6666 today for a free case evaluation. We serve

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