Yi Lei Tan
Senior Associate
Yi Lei is a Senior Associate at Virtus Law. His practice area is in litigation and dispute resolution with a focus on restructuring and insolvency, and fintech disputes.
Yi Lei specialises in guiding clients through complex commercial disputes and restructuring and insolvency, litigation and dispute resolution matters. His expertise is sought after by creditors seeking to maximise recovery as well as debtors facing financial distress.
Yi Lei has a strong focus on insolvency and restructuring. He played a pivotal role in landmark cases, including but not limited to the first successful application for a scheme of arrangement moratorium by a foreign company under Singapore’s new scheme of arrangement moratorium regime in the 2017 Companies Act amendments, assisting major secured lenders to recover assets from the restructuring of various large corporations such as the Bourbon Corporation, the Hin Leong Trading group and Agritrade International, and acting as lead counsel to obtain an order from the Singapore Courts to recognise a People’s Republic of China liquidation.
More recently, Yi Lei has assisted fund managers, incubator funds, established and start-up fintech companies, and project founders personally in commercial disputes. In particular, clients value Yi Lei’s ability to deliver results in high-stakes situations, such as obtaining an emergency arbitration award to freeze cryptocurrency tokens in less than a month from instructions being provided, and to obtain Singapore court judgments in cryptocurrency related disputes.
Marine and international trade
Assisting in arrests and seizures of vessels as a form of security.
Acting for owners in respect of a claim for damaged cargo.
Assisting charterers in LMAA proceedings against owners and sub-charterers in respect of delivery of an unseaworthy vessel.
Restructuring and insolvency
Advising clients on restructuring core business which included applying for a scheme of arrangement moratorium for a foreign company.
Advising clients on issues involving the removal of liquidators.
Acting for client to resist a company winding up application.
Commercial litigation
Acting in a matter to defend against defamation claim.
Acting in matters involving conspiracy, fraudulent breach of trust, knowing receipt and dishonest assistance.
Acting for clients for their mitigation plea for Road Traffic Act offences.
International arbitration
Acting for owners in SIAC proceedings against charterers in respect of a claim for damaged cargo.
Acting in SIAC proceedings to defend against a claim for breach of contract.
Assisting in LMAA proceedings to defend against claims for unpaid hire.
- + PROFILE
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Yi Lei specialises in guiding clients through complex commercial disputes and restructuring and insolvency, litigation and dispute resolution matters. His expertise is sought after by creditors seeking to maximise recovery as well as debtors facing financial distress.
Yi Lei has a strong focus on insolvency and restructuring. He played a pivotal role in landmark cases, including but not limited to the first successful application for a scheme of arrangement moratorium by a foreign company under Singapore’s new scheme of arrangement moratorium regime in the 2017 Companies Act amendments, assisting major secured lenders to recover assets from the restructuring of various large corporations such as the Bourbon Corporation, the Hin Leong Trading group and Agritrade International, and acting as lead counsel to obtain an order from the Singapore Courts to recognise a People’s Republic of China liquidation.
More recently, Yi Lei has assisted fund managers, incubator funds, established and start-up fintech companies, and project founders personally in commercial disputes. In particular, clients value Yi Lei’s ability to deliver results in high-stakes situations, such as obtaining an emergency arbitration award to freeze cryptocurrency tokens in less than a month from instructions being provided, and to obtain Singapore court judgments in cryptocurrency related disputes.
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Marine and international trade
Assisting in arrests and seizures of vessels as a form of security.
Acting for owners in respect of a claim for damaged cargo.
Assisting charterers in LMAA proceedings against owners and sub-charterers in respect of delivery of an unseaworthy vessel.
Restructuring and insolvency
Advising clients on restructuring core business which included applying for a scheme of arrangement moratorium for a foreign company.
Advising clients on issues involving the removal of liquidators.
Acting for client to resist a company winding up application.
Commercial litigation
Acting in a matter to defend against defamation claim.
Acting in matters involving conspiracy, fraudulent breach of trust, knowing receipt and dishonest assistance.
Acting for clients for their mitigation plea for Road Traffic Act offences.
International arbitration
Acting for owners in SIAC proceedings against charterers in respect of a claim for damaged cargo.
Acting in SIAC proceedings to defend against a claim for breach of contract.
Assisting in LMAA proceedings to defend against claims for unpaid hire.
