Lauren is a partner at Virtus Law and is an experienced commercial litigator with a focus on restructuring and insolvency. Her highlights include advising and assisting one of the first foreign companies in successfully obtaining a scheme moratorium after the 2017 amendments to the Singapore Companies Act (Cap.50) (which resulted in the first reported judgment on the requirements of a scheme moratorium); representing a major secured lender on the collapse of a well-known Singapore oil trader (Hin Leong Trading); advising on one of the first pre-pack schemes approved under section 71 of Singapore's Insolvency, Restructuring and Dissolution Act since it came into effect in July 2020; and acting for the agent bank of a syndicate of banks in the restructuring of the obligations of a business trust through the placing of its trustee manager under a scheme of arrangement, which was the first of its kind. She has also acted for a global freight forwarder in a complex Singapore High Court matter involving allegations of breach of duty of care; acted for a Singapore public listed company and its subsidiary in a complicated vessel-related dispute and acted for a cryptocurrency purchaser against a distributor in a successful SIAC arbitration. Lauren has appeared at all levels of the Singapore courts, including the Court of Appeal and also has been involved in SIAC/ HKIAC / LMAA arbitrations. Lauren is qualified in practise in Singapore and England & Wales.
Virtus Law LLP
Boasting considerable experience in the transport, shipping and offshore sectors, Virtus Law LLP is well-placed to draw on the firm’s finance, transactional and litigation strengths to advise on a broad range of restructuring and refinancing matters. Other key areas of expertise include Chapter 11 insolvencies, enforcement cases, workouts and pre-pack schemes. Daryll Ng and Lauren Tang, who have demonstrable experience in maritime restructurings, jointly leads the team alongside Jason Yang, who acts for banking clients and other creditors on mandates concerning asset recovery, restructuring and enforcement strategy.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Lauren Tang is well-versed in schemes. She has good technical skills and is easy to work with.’
Key clients
- iflix Pte. Ltd., iflix Holdings Pte Ltd, iflix International Pte Ltd
- Volatility Token Master Fund
- BNP Paribas
- Berge Bulk Shipping and other major creditors
- Totally Awesome
Work highlights
- Successfully advised the iflix group on securing one of the first pre-pack schemes under Singapore's Insolvency, Restructuring and Dissolution Act (No. 40 of 2018) since it came into force on 30 July 2020.
- Acted for and advised Volatility Token Master Fund in relation to a Simple Agreement for Future Token dispute with EFC Foundation Ltd.
- Advising BNP Paribas, the financiers in claims against a defaulting borrower and enforcement against security.
Lawyers
Next Generation Partners
Practice head
The lawyer(s) leading their teams.
Daryll Ng, Lauren Tang, Jason Yang