Lauren Tang
Partner at Virtus Law
Lauren is a partner at Virtus Law* and is an experienced commercial litigator with a focus on restructuring and insolvency.
She has advised and assisted one of the first foreign companies in successfully obtaining a scheme moratorium after the 2017 amendments to the Singapore Companies Act (Cap.50) (which resulted in the first reported judgment on the requirements of a scheme moratorium); acted for a financial institutional (secured) lender in a separate scheme moratorium and successfully obtaining a carve out for her client; acted for the agent bank of a syndicate of banks in the restructuring of the obligations of a business trust through the placing of its trustee manager under a scheme of arrangement, which was the first of its kind; acted for a global freight forwarder in a complex Singapore High Court matter involving allegations of breach of duty of care; and acted for a Singapore public listed company and its subsidiary in a complicated vessel-related dispute.
Lauren has appeared at all levels of the Singapore courts, including the Court of Appeal and also has been involved in SIAC/ HKIAC / LMAA arbitrations. Lauren is qualified in practise in Singapore and England & Wales.
She is a member of the Singapore Law Society and is a member of the Singapore Law Society's Insolvency Practice Committee 2023. She is also a Honorary Member of the International Women's Insolvency and Restructuring Confederation (Singapore).
*Virtus Law LLP (T13LL0339K) and Stephenson Harwood LLP (T13LL0821C) are registered as a Formal Law Alliance in Singapore under the name Stephenson Harwood (Singapore) Alliance. Both firms are registered in Singapore under the Limited Liability Partnership Act (Chapter 163A) with limited liability. The term "partner" is used to refer to a member in one of the constituent law firms.
Financial institutions
Acting for financial institutions against claims of misrepresentations and failure in performing statutory obligations. Also acting for liquidators of an established financial brokerage in Singapore.
Charterers
Obtaining an injunction restraining the ship owner/beneficiary from calling on a bank guarantee.
Freight forwarders
Defending against a claim by an introducer for alleged commission.
Charterers
Acting for charterer and guarantor in a dispute concerning an allegedly unseaworthy vessel in back-to-back charterparties. This matter spanned multiple actions in court and arbitration. For court actions, they included an injunction application against the owners to restrain winding up, defending owners' claim against the guarantor and winding up application against the sub-charterer. These were in conjunction with two back-to-back LMAA arbitrations between the owners, charterers and sub-charterers.
Ship managers
Advising ship manager in reaching a settlement with ship owners in respect of disputes involving a South Africa vessel arrest.