Mr Joel Chng > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

WongPartnership LLP
12 MARINA BOULEVARD, LEVEL 28
MARINA BAY FINANCIAL CENTRE TOWER 3
SINGAPORE 018982
Singapore

Work Department

Litigation & Dispute Resolution Group; Restructuring & Insolvency Practice; Special Situations Advisory Practice.

Position

Partner –  Restructuring & Insolvency; and Special Situations Advisory Practice.

Career

His main areas of practice are litigation and arbitration, involving banking and commercial transactions, corporate and shareholder disputes, restructuring and insolvency. On the restructuring and insolvency front, Joel acts for corporate debtors, turnaround professionals and investors.

Work Highlights 

  • The judicial managers of Xihe Holdings in the restructuring of the Xihe Holdings group of companies.
  • The Bank of China Limited, Singapore Branch in the restructuring of Zenrock Commodities Trading Pte Ltd., a Singapore-based oil trader with debt of over S$600 million.
  • EMAS Chiyoda Subsea Limited and its subsidiaries on their cross-border restructuring of debt in excess of S$1 billion.
  • Takashimaya Singapore Ltd in its dispute with Ngee Ann Development Pte Ltd over the proper construction of the parties’ agreement for rent review.
  • A bank in an SIAC arbitration against a collateral management company for breach of contract and/or negligence in respect of pledged goods.
  • The court-appointed receivers and managers of Airtrust (Singapore) Pte. Ltd. which is in the business of oil and gas logistics services, oil well maintenance, steel fabrication and construction, in various proceedings involving allegations of breaches of directors’ duties, transnational fraud, money laundering and tax evasion in the region of S$100 million.

Awards & Accolades 

Joel was recognised as one of the winners for Lawyer of the Year (Client Service Excellence) for Singapore in the asialaw Awards 2021. Joel has also been ranked as a “notable practitioner” in the area of restructuring and insolvency by asialaw Leading Lawyers, and an “Up and Coming” lawyer in the area of restructuring and insolvency in Chambers Asia-Pacific – Asia-Pacific’s Leading Lawyers for Business.

Joel’s expertise has been recognised by Chambers Asia-Pacific – Asia-Pacific’s Leading Lawyers for Business where he has been noted for being “sound in his advice, which is very careful but also commercial.” He has also been highlighted for being “extremely user friendly and consistently on point in his legal advice.” by The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession.

In feedback from IFLR1000, Joel has been described as having expertise “on handling regulatory issues and dealing with authorities, sales and purchase agreements, term sheets, and handling creditor groups”.  He has also been described as a “good lawyer; provides innovative solutions and is client-focused”, and “very approachable and an effective communicator. Displays tactical acumen – ability to think and advise over and above just the legal issues. Ability to not only look at the strategic picture but also is comfortable across the day to day details.”]

Languages

English

Lawyer Rankings

Singapore > Restructuring and insolvency: local firms

The ‘powerhouse restructuring practice’ at WongPartnership LLP has demonstrable experience across the full gamut of restructuring and insolvency mandates, with additional expertise in the representation of debtors and special situation investors. Key work highlights include the liquidation of Three Arrows Capital, the restructuring of Pacific International Lines, in addition to advisory matters for the judicial managers of Xihe Holdings. ‘Brilliant strategists’ Manoj Pillay Sandrasegara and Smitha Menon, who are praised for their ‘tremendous intellect’, jointly lead team. Other key contacts in the group include Joel Chng, whose ‘analytical ability and years of experience enable him to provide thoughtful, thorough, and practical legal advice’, ‘generational talentStephanie Yeo and ‘standout partnerClayton Chong.