Southeast Asia - Singapore

Virtus Law LLP

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Partner firm of Stephenson Harwood LLP, Virtus Law LLP, has a shipping practice which is has strong capabilities in related finance and litigation matters in international trade, shipping and offshore contexts. It advises banks, leasing companies, P&I clubs, shipowners and commodity groups, and is well-placed to assist clients across the full spectrum of financings and transactions, disputes, and restructurings, both domestically and internationally. Daryll Ng and Colin Jarraw co-head the practice; Ng has considerable experience on the disputes side, as does practitioner Lauren Tang. Jarraw and team member Jason Yang focus on financing and leasing transactions, in particular.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They have deep understanding and knowledge on the Japanese client and maritime market. Furthermore, their advice is very persuasive for us and our clients because they provide legal advice with reasons based upon the accurate theory of the Singaporean law not just the lawyers' personal opinion.’

  • ‘Practical, no nonsense advice on all Singapore maritime law-related matters, both finance and dispute related.'

  • 'The go-to firm in the country in my opinion for thought leadership on any matter touching maritime.’

  • ‘Jason Yang and Colin Jarraw get things done and don't mess around.'

Key clients

  • Seapeak LLC
  • ABN AMRO Bank
  • ANZ Bank
  • StraitNZ Limited, Ferry Lines Limited
  • Global Loan Agency Services Australia Pty Ltd
  • E.SUN Commercial Bank Ltd (ESUN)

Work highlights

  • Advised Seapeak LLC on a $700m all-cash acquisition of Evergas from Jaccar Holdings.
  • Advised a syndicate of lenders - comprising ABN AMRO Bank, ING Bank, TIAA FSB, and Clifford Capital - on a sustainability-linked loan.
  • Advised ABN AMRO N.V., acting out of its head office in Amsterdam, in relation to a senior secured multi-currency revolving and term loan to Peacock Asset Company Pte. Ltd. and Peacock Euro Assets Pte. Ltd.

Lawyers

Leading individuals

Colin Jarraw

Virtus Law LLP

Colin is an experienced shipping finance lawyer. He heads the Singapore law side of the Banking and Finance Department of Stephenson Harwood (Singapore) Alliance. Clients have described him as efficient and meticulous. Colin regularly acts as Singapore legal counsel for all the major shipping finance banks in high value ship finance and complex leasing transactions. He has also advised owners in ship sale and purchase transactions, charterparties, shipbuilding contracts and vessel registrations and de-registrations as well as yacht financing.

Jason Yang

Virtus Law LLP

Jason's main practice areas are vessel finance and leasing, restructuring and insolvency and corporate law. Jason has acted for leading vessel finance banks, ship owners, lessors and operators in range of complex financing and sale and leaseback transactions. He also excels in advising banking clients and other creditors on the Singapore law aspects of asset recovery, restructuring and enforcement strategy and has been extensively involved in the recent Emas, Ezra, Swiber, Swissco and Rickmers Maritime insolvencies. In addition to the above, Jason has considerable experience advising on private mergers and acquisitions, corporate compliance, general corporate advisory, personal data protection and non-contentious employment law matters.

Practice head

The lawyer(s) leading their teams.

Daryll Ng, Colin Jarraw

Other key lawyers

Lauren Tang, Jason Yang