The team at Virtus Law LLP is well-placed to handle the gamut of both financial and litigious matters pertinent to the shipping industry; Daryll Ng leads on the disputes side, while Colin Jarraw heads up the ship finance side of the practice. The firm receives instructions from existing finance clients, as well as from wider firm clients in the shipping and offshore sector and the sponsor-backed market. Jason Yang has considerable experience advising on complex financing and sale and leaseback transactions, and is another key contact.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘The team is helpful and client-oriented.’
'Virtus Law's legal advice is always reliable because it is both commercially reasonable and legally correct.'
'Colin Jarraw and his team have deep market understanding and the dynamics a commodity firm like ours would face. They provide practical advice, including commercial solutions, as part of their legal memo to us.'
'Colin Jarraw and Daryll Ng both have deep commercial acumen whilst marrying the legal framework as part of their advice to us. They both are also able to connect us with other commercial players that compliment our strategic growth aspirations.'
Key clients
- Standard Chartered Bank (Singapore) Limited
- HJ Shipbuilding & Construction Co., Ltd.
- ABN AMRO Bank
- ING Bank
- Everbank
- Clifford Capital
- KeyBank
- CIC and new joiners
- Landesbank Hessen-Thüeringen Girozentrale (Helaba)
- Credit Agricole Corporate and Investment Bank
- Oldendorff Carriers GmbH & Co. KG
- ING Bank N.V., Singapore Branch
Work highlights
Advised Standard Chartered Bank, as global coordinator, on Singapore law aspects in relation to the due diligence and $1.3bn pre- and post-delivery financing of the project costs relating to the FPSO Agogo Project in Angola.
Successfully defended the client against claims brought by Keppel Fels Limited before the Singapore High Court.
Advised the client on the Singapore law aspects of its acquisition of MMA Offshore, a Perth-based ASX-listed offshore vessel support company, for an implied equity value of AU$1.1bn.
Practice head
Daryll Ng; Colin Jarraw
Other key lawyers
Jason Yang