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
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Daryll Ng, Lauren Tang, Jason Yang