Yi Lei Tan
Senior Associate at Virtus Law*
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.
Senior Associate at Virtus Law*
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.
Languages - English, Mandarin
Jurisdiction - Singapore
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.
*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.
IM Skaugen SE
Successfully advised and assisted IM Skaugen SE to obtain the first reported judgment on the requirements of a scheme of arrangement after the 2017 amendments to the Singapore Companies Act.
JC Master Law Offices
Successfully obtained a Singapore Court recognition order for the recognition of a Chinese bankruptcy proceeding. According to official Chinese media, this order represents the first time a Singapore court has given such recognition in relation to Chinese bankruptcy proceedings.
I Concept Global Growth Fund
Successfully acted as lead counsel to resist an application to set aside statutory demands that had been issued. The matter was appealed, and the appeals were dismissed.
Users of a cryptocurrency platform
Successfully obtained an emergency arbitration award to freeze the disposal of cryptocurrency tokens held by a cryptocurrency platform.
