- In News
- Related Lawyers Alston Yeong, Daniel Huang
- In News
- Related Area(s) of practice Restructuring & Insolvency
- 27 Feb 2023
Daniel Huang
黄新力
Counsel
Daniel is a Counsel with the firm, and has assisted and represented clients in a variety of commercial and corporate disputes, with a focus on contentious and non-contentious aspects of restructuring, insolvency, and asset recovery matters.
Daniel graduated from the University of Birmingham with an L.L.B (Hons). He took part in various mooting competitions whilst in university, and was placed second in the University of Birmingham’s Alumni Cup 2017, where he was commended for making the best written submissions in the final round. Daniel was also a finalist in the university’s Camm Cup competition.
Daniel was also named BPP’s Advocate of the Year 2018, coming in first place in a field of 100 candidates. He was the only Singaporean to have ever won the BPP Advocate of the Year competition.
Prior to joining Providence Law Asia LLC, Daniel was a research and teaching assistant with the Nanyang Business School at the Nanyang Technological University, where he assisted in teaching Business Law modules and conducted research on areas relating to Commercial Law and Tort Law.
Daniel is fluent in English and Mandarin.
Admissions
- Advocate and Solicitor, Supreme Court of Singapore
Professional Experience
- Acted for the minority shareholders of a property-technology subsidiary of Singapore Press Holdings Ltd in a claim against the latter for minority oppression with a claim value of approximately $2 billion.
- Assisted in resisting an application commenced against PDV Marina S.A by OI European Group B.V., a Venezuelan state-owned entity, to enforce an ICSID award worth US$378 million. The firm succeeded in resisting the action.
- Acted for a leading multinational corporation in the physical training industry in a suit against its former employees in various jurisdictions for setting up competing businesses in Singapore in breach of their restrictive covenants and infringing intellectual property rights.
- Acting for and advising the joint and several liquidators of Hin Leong Trading (Pte) Ltd in one of the largest and most complex liquidations in Singapore. Prior to its winding up, Hin Leong Trading was one of Asia’s largest oil traders. The ongoing liquidation has a debt profile in excess of US$4 billion with other creditors’ claims amounting to over US$1 billion. These claims from major banking institutions are ongoing and involve complex, multi-party litigation and mediation with many of Singapore’s leading lawyers and insolvency professionals assisting.
- Acted for the liquidators of Six Capital Investments Limited (In Liquidation), a Singapore based BVI company in the field of financial technology with a total of $143 m in creditors’ claims.
- Assisted in one of the first contentious pre-packaged debt restructuring applications under the Insolvency Restructuring and Dissolution Act 2018 for the Working Capitol Group, which involved a pre-packaged restructuring of approximately $48 m worth of the Group’s debts.
- Assisted in the landmark case of United Securities Sdn Bhd (in receivership and liquidation) and another v United Overseas Bank Ltd [2021] SGCA 78 concerning proceedings for the recognition of an award obtained pursuant to the UNCITRAL Model Law on Cross-Border Insolvency.
- Assisted in various recovery actions as well as in the debt restructuring of over S$450 million across the courts in Bermuda, Hong Kong and Singapore involving companies in the Agri Asia and Agritrade group and more notably, for Agritrade Resources Limited.
- Assisted in an action for the recovery of the value of 7.2 million shares in the Stars Group Inc which was pledged to a BVI lender for a loan of CAD$103 million that was sold to finance the loan.
- Assisted in a matter involving criminal charges involving market rigging and deceptive trading offences under the Securities and Futures Act. See Lau Wan Heng v PP [2021] SGHC 240.