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MBS fails to make $2m debtor bankrupt
He was not notified of debt as demand returned unclaimed, court rules
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Marina Bay Sands obtained default judgment against Japanese national Osuki Yohei in October and posted a statutory demand for payment in a prepaid envelope in December, but it was returned unclaimed to its lawyers.
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The High Court has dismissed a bid by Marina Bay Sands (MBS) to bankrupt a high roller over a $2 million sum he owes the casino, ruling he was not notified of the debt as the documents posted to him were returned as unclaimed.
The casino had obtained default judgment against Japanese national Osuki Yohei last October for the sum, as well as costs and interests.
