Oon & Bazul ranked in asialaw Profiles 2022
Oon & Bazul is delighted to announce that the following Practices and Partners have been recognised in the 2022 edition of asialaw Profiles.
| Ranked Practice Area | Commentary |
| Banking & Finance – Recognised | Oon & Bazul is active in banking and finance. In particular, the firm has extensive expertise handling matters related to trade finance, commodities and banking. Key Partner includes Ting Chi Yen. |
| Dispute Resolution – Recommended | Work highlights Continues to act for the National Bank of Oman (NBO), one of the forefront Middle Eastern banks, in prosecuting a bank fraud claim in excess of $14 million. The firm so far succeeded in representing the NBO in a claim against the five remaining defendants in the action. Key clients ICICI Bank, Samsung Display, Shree Ramkrishna Exports, Wivewaters Resources, Zaftr |
| Restructuring & Insolvency – Recommended | Work highlights Assisting in restructuring Xihe Capital, its subsidiaries and several special purpose vehicles, which are owned by the Lim family who also owns the distressed Hin Leong Trading, Ocean Tankers and Xihe Holdings. The total debt of these companies is estimated to be in the range of $4 billion.Advised and represented MNC Investama, an Indonesian multinational conglomerate, in the restructuring of its $213 million worth of 9% senior secured notes listed on the SGX. This case is the first known application by an Indonesian company for a moratorium under section 211B of the Companies Act. Client Testimonials “Extremely responsive, able to manage client expectations.”“Good technical advice; good team; easy to work with; responsive.” “Meiyen is extremely responsive and helpful.” “Meiyen is easy to work with, provides good advice and responsive.” Key clients |
| Shipping – Highly Recommended | Work highlights Acting as lead counsel for the Singapore incorporated trading arm of a multinational conglomerate in the defence of a claim brought by Chinese ship owners over a dispute on the unauthorised issuance of bills of lading and changing of discharge ports. Key clients Adidaya Energy Mandiri, Batavia Eximp & Contracting, Ocean Light Shipping, Red Sea Marine Services |
| Ranked Partners | Rating |
| Bazul Ashhab | Elite Practitioner – Shipping |
| Kelly Yap | Notable Practitioner – Shipping |
| Meiyen Tan | Distinguished Practitioner – Restructuring & Insolvency |