Posted on Jun 8, 2020
Veon Szu & Kok Thye (George Town Office)
Last week, we had to travel to KL to attend a full trial scheduled on Thursday and Friday. We acted for the Plaintiff company, and we had five witnesses ready to testify. However, the negotiation for a settlement went on from Thursday's afternoon till the next day's morning. The parties eventually managed to strike a deal after lunch, and a consent judgment was duly recorded. The Defendant agreed to pay part of our clients' claim against him. So, no one party wins all, but no one party lose all either. Give and Take saves everyone's time, costs, and most importantly, both parties could move on and focus on developing each business in this very challenging time.