Setia Law LLC houses a ‘novel, cutting edge and creative’ restructuring and insolvency practice, that focuses on high-value, cross-border distressed situations, particularly in the finance industry and the digital assets space. Practice head Danny Ong draws considerable praise from clients for his ability to ’weigh in on critical matters, quickly and decisively’. Wern Jhien Yam focuses on contentious insolvency, fraud, and asset recovery, while Bethel Chan has notable experience of prosecuting claw back actions in multi-jurisdictional insolvencies.
Testimonials
Collated independently by Legal 500 research team.
‘Danny Ong is well regarded and is supported by a well-oiled team comprising of young, bright lawyers such as Mazie Tan and Bethel Chan.'
'Setia Law's turn-around time, even on complex matters, is exceptional bar none and Danny Ong's ability to weigh in on critical matters, quickly and decisively, makes Setia Law the go-to firm for many insolvency practitioners and funds.'
‘Danny Ong has impressive knowledge and takes a straight-to-the-point approach.’
‘What we like about Setia Law is the strength and depth of the talent in the firm. They are all excellent from the two founding partners down to associate level. They are effective, efficient and pro-active in their work for us. They are our first stop for litigation and insolvency work in Singapore.'
‘Danny Ong is not only an exceptional lawyer, but also does an excellent job of looking after his clients. He also has impressive connections around the world, which are invaluable for multi-jurisdictional assignments.'
‘Novel, cutting edge and creative.’
‘Wern Jhien Yam is excellent and commercial.'
'Danny Ong is a powerhouse in Singapore.’
Key clients
- KPMG
- Teneo
- Kroll
- Deloitte
- Tor Investment Management
- Ares SSG
- MBK Partners
- FTI Consulting
- Alvarez Marsal
- Nomura Singapore Limited
Work highlights
- Acting for the liquidators of BSI Bank, which collapsed amidst the Malaysian 1MDB scandal, on issues relating to liquidation of the bank’s estate and resolution of creditor claims.
- Acting for the liquidators of the collapsed Torque Group in a S$261 million civil suit filed against Bernard Ong.
- Acting for Nomura Singapore Limited / Madison Pacific Trust Limited as creditors of Gulf Petroleum FZC in the restructuring of scandal-hit UAE oil trading group, GP Global, which at one point had operations in almost 20 countries.
Practice head
The lawyer(s) leading their teams.
Danny Ong