Successfully represented a shipyard in defending a claim brought by its former resident contractors with regard to the employment of foreign workers and allegations of fraudulent misrepresentation; a case which considered the issue of whether a company could maintain a claim in misrepresentation on the basis of a representation made to its promoter prior to incorporation.
CONSTRUCTION & ENGINEERING
Successfully represented the claimants in a landmark decision on adjudication under the Building & Construction Industry Security of Payment Act (Cap. 30B); a case which determined the approach of adjudicators in circumstances when the respondent had not lodged a payment response.
Partner in charge: Melvin Chan
BANKING & FINANCE
Acted for an international bank in the grant of approximately SGD50 million to a Singapore listed REIT to part finance its acquisition of industrial property in Australia.
Partner in charge: Jennifer Chia
RESTRUCTURING & INSOLVENCY
Successfully represented Vintage Bullion DMCC in their claims against the liquidators of MG Global Singapore Pte Ltd. Vintage claimed a propriety interest in funds through a statutory trust which was wrongly rejected by the liquidations.
Partner in charge: Thio Shen Yi, SC
MERGERS & ACQUISITIONS
Legal counsel to Credit Suisse, the financial adviser in the public takeover of one of Singapore’s oldest listed companies, Eu Yan Sang International Limited. The deal is backed by Temasek Holdings.
Partner in charge: Stefanie Yuen Thio
REGULATORY COMPLIANCE AND CRISIS MANAGEMENT
Independent Investigation and Report on certain interested person transactions of mainboard listed Trek 2000 International Ltd.
Partner in charge: Wun Wen-na
The principle is that someone should have a lawyer, so the only question is how long does the accused person have to wait. Right now, we think that the balance is a bit too much in favour of the investigating authorities, and we should roll it back a bit. We also recognise that sometimes the investigations need time, and they need the freedom to investigate, so it’s a balance.
— 06 Dec 2016 —