Southeast Asia - Singapore

Oon & Bazul LLP

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Oon & Bazul LLP has a formidable background in international trade disputes and has a thriving fraud and asset recovery practice, developing a body of experience in protective injunctions and freezing orders. The firm has an impressive mix of domestic and Asia Pacific based corporate and financial institution clients, along with a number of high-net-worth individuals. Bazul Ashhab is managing partner and head of dispute resolution, with an impressive standing in fraud and asset recovery, including bulge-bracket freezing orders. Kelly Yap is the head of the litigation and China practices, with a focus on international trade and shipping cases. Lionel Chan is noted for cross-border commercial disputes, along with restructuring and insolvency cases, and fraud and asset recovery. Priscilla Lua is another key partner, along with highly rated head of shipping Prakaash Silvam. Jerald Foo joined Selvam LLC in 2022.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They look at the whole thing holistically and practically and give the best solution.’

  • ‘Prakaash Silvam has sound knowledge. Looks at the whole thing holistically and practically and gives the best solution.’

  • ‘The team is very diverse across many fields and jurisdictions. They are experts in trade-related disputes and contractual obligation assessments. They have strong collaborators and partners around the world – South Korea, Middle East, India just to name a few. For all my disputes and issues, I was liaising with a single point of contact with the support team changing on a case-to-case basis. This allowed for faster understanding of the matter and acting on it swiftly.’

  • ‘Prakaash Silvam has been an outstanding partner and adviser, who understood our stand and candidly suggested strategies to minimise damages, lower costs, in addition to providing sound solutions and advice on all matters. With their deep understanding about the goals of our firm and where we stand in our operational journey, crucial suggestions were made to help discover our ultimate goal. Informing there is light at the end of the tunnel is one thing, but providing step-by-step guidance to navigate the challenges that are so dynamic is where Prakaash shines. Prioritising our objectives and timely decision making were his principles that guided us to our desired situation and also our mindset.’

Key clients

  • Olam International
  • ICICI Bank
  • Winson Oil Trading Pte Ltd
  • Shree Ramakrishna Exports Pvt Ltd
  • TransAsia Capital
  • Zaftr Inc.
  • Taconic Capital Advisors
  • Indian Overseas Bank (HK Branch)
  • Rothstar Group Ltd
  • Universal Metal Coating Company (UNICOIL)

Work highlights

  • Acted for a Singapore-based oil trading company, Winson Oil Trading, in a claim for in excess of $60m against a bank, for its failure to effect payment pursuant to an irrevocable documentary letter of credit issued.
  • Represented Shree Ramkrishna Exports to recover $23m owed to it and opposing the counterparty’s $42m counterclaim.

Practice head

The lawyer(s) leading their teams.

Bazul Ashhab

Other key lawyers

Kelly Yap, Lionel Chan, Priscilla Lua, Prakaash Silvam