Virtus Law LLP > Singapore, Singapore > Firm Profile

Virtus Law LLP

Singapore > Shipping: local firms Tier 2

Virtus Law LLP – Stephenson Harwood (Singapore) Alliance is part of a prominent global shipping practice, and a broader Singapore team that covers both domestic and international laws. The sizeable team is at the forefront of maritime disputes and big-ticket ship financings. It covers both traditional shipping and the offshore segment, and on the finance side has seen particular growth in sustainability-linked finance and green loans. It also continues to be involved in a number of the headline restructurings in the market. Daryll Ng is a prominent name in shipping disputes, and Colin Jarraw and Jason Yang in ship finance.

Practice head(s):


‘The people were great, very responsive and easy to communicate with. Colin Jarraw and his team were extremely helpful and very knowledgeable in the area in which we seeking advice and assistance.’

‘Again, Colin Jarraw and his team were very responsive which is extremely important in our line of work as we had deadlines to meet and transactions to complete.’

‘I work with Colin Jarraw and since the time we first met, he has impressed me with his knowledge, warmth and ability to deliver.’

‘The Virtus Law team have extensive experience in shipping and corporate law. This has served us well in our business where they have assisted with a sale transaction and provided solutions in various other areas as required.’

‘Colin Jarraw, Elaine Beh, Sheetal Sandhu, Jason Yang, Priscilla George, Parikhit Sarma have been part of the team who have assisted us over the years. Prompt response, effective solutions and in-house expertise in various areas are the qualities that we have greatly valued.’

Key clients

National Australia Bank

ING Bank

Tradewind GmbH

BNP Paribas


China Navigation Company Pte. Ltd. and Swire Bulk Holdings Pte. Ltd.

EnTrust Global

Work highlights

  • Advised Entrust Global as Singapore counsel for the financing of up to $27.5m in respect of two tankers which were acquired from Maersk.
  • Advised and acted for two major secured lenders on the collapse of Hin Leong Trading, its related vessel ownership group Xihe Holdings and its related bareboat charterer Ocean Tankers.
  • Advised ING Bank on the structuring and documentation of a $145m multi-tiered Korean Ocean Business Corporation (KOBC) guarantee backed container financing.

Singapore > Banking and finance: local firms Tier 3

Virtus Law LLP – Stephenson Harwood (Singapore) Alliance has a formal alliance with Stephenson Harwood, meaning it has the ability to advise on Singapore law banking and finance matters while having access to a strong international office network. The group handles the gamut of issues, with a particular focus on shipping and offshore finance, aviation and structured finance, as well as restructuring and insolvency issues. Colin Jarraw heads the team which includes Jason Yang, who is known for sale and leaseback transactions, as well as assisting clients with restructurings and enforcement strategies.

Practice head(s):

Other key lawyers:

Key clients

National Australia Bank

Standard Chartered Bank

ING Bank

BNP Paribas


EnTrust Global

MBSB Bank Berhad

Sumitomo Mitsui Banking Corporation, Hong Kong Branch


Bank of Communications Financial Leasing

Nordic Trustee AS

Work highlights

  • Advising National Australia Bank Limited (NAB) on the structuring and documentation of a US$178m limited recourse financing of nine aframax tankers to a Korean investment fund.
  • Advising BNP Paribas on a complex refinancing and re-domiciliation exercise under the Singapore Inward Re-Domiciliation Regime.
  • Advising Entrust Global on the US$27.5m financing of two tankers which were acquired from Maersk.

Singapore > Dispute resolution: local firms Tier 3

The team at Virtus Law LLP – Stephenson Harwood (Singapore) Alliance is endorsed for ‘often thinking out of the box to provide alternative, practical solutions’ for both individual clients and multi-national corporations. As a member of the Advisory Board to the National University of Singapore Centre for Maritime Law, Daryll Ng frequently acts as lead counsel on shipping and maritime disputes. Terence Seah is the forerunner in white-collar crime matters and Lauren Tang focuses on commercial litigations. Other areas of expertise include insolvency, employment, and international arbitration. Its alliance with Stephenson Harwood supports its role in multi-jurisdictional cases.


‘Terence Seah was my counsel in a litigation case, and his advice was critical in helping me to achieve a timely and unequivocal win. The research that he and his team did into the relevant area of law was instrumental in supporting my case and in leading to the opposing party’s case being struck out quickly. At all times, there was never any question that the team was advocating for my best interests, not just in terms of the legal victory, but also in trying to help me save costs.’

‘Partner Terence Seah is the utmost professional. He was always looking out for my best interests, even if by doing so could have meant lower fees for him (due to the speed of resolution). There was never any doubt that he knew the law intimately; he was able to answer my questions well, explained matters clearly. Just as importantly for a litigator, Terence is also a keen tactician who can parry with the best of them. His advice was always spot on. ’

‘Virtus Law is a hands-on, highly responsive team that provides excellent client engagement and communication. Their strengths lie in having an exceptionally tenacious attitude towards any given problem, often thinking out of the box to provide alternative, practical solutions.’

‘Terence Seah is the lawyer we approach for tricky situations – his depth of knowledge of the legal principles coupled with commercial experience enables him to provide solutions for unusual problems and issues. His tenacity as a savvy litigator also makes him an excellent choice.’

‘The firm is knowledgeable and is always ready to help whenever necessary. As such, its advice is reliable and helpful. ’

‘Daryll Ng is always helpful and gives practical advice in time. ’

Key clients

BNP Paribas

9050558 Canada Ltd and Bridging Finance Inc.

Bestjet Travel Pty Ltd

Volatility Token Master Fund

Standard Chartered Bank

Various clients in the cryptocurrency sector

Great Eastern Assurance

Equiom Fiduciary Services Pte Ltd

Work highlights

  • Advised a major insurance company in a nationwide investigation of insurance fraud involving physiotherapy clinics and medical concierge companies (in conjunction with the Ministry of Health and Commercial Affairs Division of the police).
  • Acted as lead counsel to BNP Paribas in claims against a defaulting borrower and enforcement against security and coordinated a multi-jurisdictional effort ultimately leading to successful and very substantial recovery against Brightoil.
  • Represented 9050558 Canada Ltd and Bridging Finance Inc. in Singapore High Court proceedings for breach of contract, unjust enrichment, misrepresentation and conspiracy, with damages amounting to about US$19 million.

Singapore > Labour and employment: local firms Tier 3

Virtus Law LLP – Stephenson Harwood (Singapore) Alliance draws on the wider expertise of the office to provide both non-contentious and contentious advice to its impressive client base. Due to Covid-19, the non-contentious group led by Jason Yang has been active in corporate restructurings, spin-offs and distressed M&A. Key litigator Terence Seah has a background in commercial disputes and white-collar crime, providing the basis for a flourishing practice in restraint of trade disputes. Senior associate Christine Ong is a recognised employment specialist.

Practice head(s):

Other key lawyers:


‘Virtus Law has provided very solid legal advice on employment issues in a clear and concise manner. Also, very responsive in addressing comments and queries from us.’

‘Terence Seah – good knowledge of employment law issues, and always able to understand and anticipate client’s needs and provide value-added input on how to solve client’s problems.’

Key clients


Swire Bulk and China Navigation Company

Work highlights

  • Advised Zedra Group on the purchase of BNP Paribas’ trust business in Singapore, and related employment law issues arising from employees transfers of another BNP Paribas entity to the target.
  • Advised a company on investigations conducted by the Ministry of Manpower of Singapore in respect of potential charges that the client was hiring foreigners to work in Singapore without the appropriate work passes.
  • Advised Swire Group on its spin-off, which included the transfer of affected employees and their employment contracts, as well as business and asset transfer between the relevant entities across a number of international jurisdictions.

Singapore > Restructuring and insolvency: local firms Tier 3

Virtus Law LLP – Stephenson Harwood (Singapore) Alliance has built an impressive record in restructurings and insolvencies in the shipping, aviation, oil and gas, and international trade sectors. Working alongside international colleagues, the Singapore law team has landed a series of major engagements in these fields. Moreover, outside of these sectors, the team represented iflix group on one of the first pre-pack schemes under Singapore’s Insolvency, Restructuring and Dissolution Act. Lauren Tang is emerging as a genuine specialist in the restructuring and insolvency segment.

Practice head(s):


‘Good technical skills, detail orientated.’

‘Good technically, easy to work with, accessible.’

Key clients

Equinix Asia Pacific Pte. Ltd.

iflix Pte. Ltd., iflix Holdings Pte Ltd, iflix International Pte Ltd

China Navigation Company Pte. Ltd. and Swire Bulk Holdings Pte. Ltd.

Bestjet Travel Pty Ltd

JC Master Law Offices as the administrator in the insolvency of Jiangsu Sainty Marine Development Corporation Ltd.

Tradewind GmbH

Work highlights

  • Advising the creditors of Agritrade International (Pte) Ltd in the judicial management of Agritrade International Pte Ltd, with a total debt of about US$1.55bn, one of the largest insolvencies in Singapore.
  • Advising the iflix group on its group restructuring and 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.
  • Advising and acting for two major secured lenders on the collapse of a well-known Singapore oil trader (Hin Leong Trading), its related vessel ownership group (Xihe Holdings) and its related bareboat charterer (Ocean Tankers), with an exposure of well over US$500m.

Singapore > Capital markets: equity and debt: local firms Tier 4

Virtus Law LLP – Stephenson Harwood (Singapore) Alliance benefits from its alliance with an international firm to advise on Singapore and London stock exchange listings, takeovers and corporate governance issues, with a niche in reverse takeover transactions and secondary fundraisings. The group is led by Elaine Beh, an expert in Singapore regulatory compliance and corporate governance. Parikhit Sarma has an active transactional equity capital markets practice. Registered foreign lawyer Vivi Tan specialises in IPOs and equity capital market transactions, and became a registered foreign lawyer in June 2013.

Practice head(s):

Other key lawyers:

Parikhit Sarma; Vivi Tan; Peiguan Cai


‘Precise, efficient and cost effective advice. Same result as the big firms ’

‘Elaine Beh delivers her advice with expertise but in a friendly, non-jargonistic manner ’

Key clients

Q & M Dental Group (Singapore) Limited

Anchor Resources Limited

Aoxin Q & M Dental Group Limited

LifeBrandz Ltd.

KLW Holdings Limited

IEV Holdings Limited (n.k.a. Medi Lifestyle Limited)

Medi Lifestyle Limited

Rich Glory International Investment Limited

United Global Limited

Acromec Limited

PropNex Limited

Aztech Global Ltd

Work highlights

  • Advising Aztech Global on its S$297 million initial public offering on the Singapore Exchange’s (SGX) mainboard.
  • Advising Q & M Dental Group (Singapore) Limited on its RMB122 million disposal of its remaining 12.246% of the registered capital of Aidite (Qinhuangdao) Technology Co., Ltd.
  • Advising Medi Lifestyle Limited on its fund-raising exercise via a convertible loan agreement entered into with several Lenders. The fund-raising exercise is conducted for the purposes of raising funds for the development and expansion of the Company’s healthcare, postpartum and wellness business in Singapore and Malaysia.

Singapore > Corporate and M&A: local firms Tier 5

Virtus Law LLP - Stephenson Harwood (Singapore) Alliance is a formal law alliance and fields a corporate and M&A practice which is especially knowledgeable of the technology and telecommunications, healthcare and maritime sectors and has also recently noted an uptick in its work for private equity and private credit funds. Practice head Elaine Beh is proficient in a range of transaction including corporate restructurings, regional M&A and cross-border joint ventures.

Practice head(s):


‘Organised, friendly, sensible and commercial. ’

‘Responsible, practical, commercial advice responding to hot buttons issues with clear, concise advice to allay concerns, guide commercial negotiations and keep focus on expeditious execution.’

‘Sheetal Sandhu, Elaine Beh and Parikhit Sarma and their associates combine humility, street smarts and precision in their advice.’


Key clients

Zedra Group


Arcus Infrastructure Partners

Affinity (Shipping) LLP

Corporation Service Company

Barentz International B.V.

Duff & Phelps

Q & M Dental Group (Singapore) Limited

Vickers Ventures Partners


IntriCon Corporation

Anchor Resources Limited

China Navigation Company Pte. Ltd. and Swire Bulk Holdings Pte. Ltd.

Singapura finance

TSA Group

Work highlights

  • Advising Barentz International B.V. on its acquisition of Nardev Chemie, a speciality chemicals distributor. The acquisition of the Singapore head office has been completed, and Barentz will be acquiring the other group entities successively in Indonesia, Malaysia and Thailand.
  • Advising Q&M Dental on various matters including its acquisition of 51% stake in Acumen Diagnostics Pte. Ltd, a company involved in the manufacture, sale and distribution of diagnostic test kits for viruses such as COVID-19, in Singapore and overseas.
  • Advising Corporation Service Company, a global provider of business, legal, tax and digital brand services, on its acquisition of the FirstCorp Group across Southeast Asia.

South Korea > Shipping: foreign firms

Noted for its ‘vast experience and expertise’ in the shipping industry, Stephenson Harwood has a preeminent marine and international trade practice. The team has a large geographical footprint and is comprised of lawyers across Asia, the Middle East and the UK. In Seoul, managing partner Michael Kim has a diverse practice, handling both contentious and non-contentious issues. Kim is supported by associate Hannah Lee and Stuart Burrell, whose clients include major shipowners, shipbuilders, construction and EPC contractors, oil companies and insurers. Alex Davis takes the lead in London, working with Stuart Beadnall, who has extensive experience in advising on shipping contracts. Andrew Rigden Green is Hong Kong’s practice head and is a specialist in the installation and operation of offshore structures. Based in the Singapore office, Virtus Law LLP – Stephenson Harwood (Singapore) Alliance partner Daryll Ng is supported by head of shipping and offshore finance, Gregg Johnston.


‘Expertise and professionalism. No other law firm in Korea is more experienced than SH in the shipping sector.’

‘Michael Kim. An excellent lawyer and a reliable partner who has extensive knowledge, provides timely and precise advice, and is tailored to the need of the clients.’

‘Stephenson Harwood LLP Foreign Legal Consultant Office has vast experiences and expertise in the shipping market. They are very committed to their clients, Korean as well as international.’

‘I believe among the foreign international law firms who have offices in Korea, Stephenson Harwood LLP Foreign Legal Consultant Office has the best reputation in the shipping industry, by far.’

Key clients

Hyundai Heavy Industries Co., Ltd

Daewoo Shipbuilding & Marine Engineering

Korea Line Corporation

Hanwha General Insurance Co Ltd

The Import-Export Bank of Korea

KB Insurance Co., Ltd

Chevron International Pte Ltd

The Standard Club

Hanjin Heavy Industries

Hyundai Merchant Marine

Pan Ocean Co., Ltd

Sungdong Shipbuilding

Daehan Shipbuilding Co., Ltd

Sinokor Merchant Marine Co.,Ltd

Japan P&I Club

SPP Shipbuilding Co., Ltd

Eukor Car Carriers. Inc

Macon Charter B.V.

SK Shipping Co., Ltd.

H-Line Shipping Co.,Ltd.

DB Insurance Co., Ltd

Feen Marine Scrubbers Inc.


Hyundai Marine & Fire Insurance Co., Ltd

KfW IPEX-Bank GmbH

Samsung Heavy Industries Co., Ltd.

SC Engineering Co., Ltd.

Seil Textile Co., Ltd.

You Chang Trading Corp






LG Chem Ltd.


Virtus Law is a leading Singapore law firm offering commercial, corporate, dispute resolution and financial services across a wide range of sectors. Our lawyers are well known in the industry, and as a successor firm to “Arthur Loke LLP” established in Singapore in 1981, we add value to the services we provide to our clients through years of experience built up in Singapore and Southeast Asia.

Virtus Law has an enviable track record of advising market leading deals in ship finance, corporate and litigation services.

Virtus Law is a member of the Stephenson Harwood (Singapore) Alliance, a formal law alliance with Stephenson Harwood LLP. The alliance enables Virtus to offer clients an integrated service in multi-jurisdictional matters.

Stephenson Harwood is a law firm with over 1,100 people worldwide, including more than 180 partners. The firm act for a wide range of listed and private companies, institutions and individuals. Stephenson Harwood has offices and associated offices across Asia, Europe and the Middle East.

Business Development Marilyn
Corporate Elaine
Dispute resolution Daryll
Elaine Beh photo Elaine BehElaine’s principal areas of practice are in capital markets and mergers and…
Colin Jarraw photo Colin JarrawColin is an experienced shipping finance lawyer. He heads the Singapore law…
Daryll Ng photo Daryll NgDaryll is the managing partner at Virtus Law and also heads the…
Sheetal Sandhu photo Sheetal SandhuSheetal is a corporate and commercial partner at Virtus Law. Her practice…
Parikhit Sarma photo Parikhit SarmaParikhit advises clients on complex cross-border mergers and acquisitions, capital markets-related matters,…
Terence Seah photo Terence SeahTerence is a partner at Virtus Law. One of our experienced litigators,…
Lauren Tang photo Lauren TangLauren is a partner at Virtus Law and is an experienced commercial…
Jason Yang photo Jason YangJason’s main practice areas are vessel finance and leasing, restructuring and insolvency…