Elizabeth Teo

Full Profile

Elizabeth worked at a leading local firm for several years and was seconded to a leading international group P&I Club before joining Clyde & Co’s Singapore office in 2022.

Elizabeth’s main area of practice is in shipping and international trade matters. She acts for and advises a variety of clients in the marine industry including leading commodity trading firms, shipowners, charterers, terminals, P&I Clubs and marine insurers. She has since been involved in a number of high-profile cases involving the use of fraudulent financial instruments.

Aside from dispute resolution, Elizabeth also routinely advises on legal issues involving sanctions, sale and purchase of vessels (both private and judicial sales) and trade finance, as well as contract wording across a variety of commercial contracts.

Elizabeth is recommended in AsiaLaw’s Rankings as “contactable at any time, she is a comprehensive and practical solution provider”.

Experience

• Successfully acted for a consortium of bank creditors in Singapore and Hong Kong Courts (as instructing solicitors) against a Singapore-listed company in a perpetrated fraud involving the use of fraudulent shipping documents to obtain multiple financing, with liabilities exceeding US$1 billion.
• Successfully acted for a global commodities trading company in a cross-border arbitration under the Singapore International Arbitration Rules before a three-member tribunal arising out of a misdelivery claim.
• Advised the judicial managers / liquidators of a Singapore oil trading company in one of Asia’s biggest insolvencies with liabilities exceeding US$3.5 billion.
• Advised the judicial managers / liquidators of a commodities trading company in its judicial management process with liabilities exceeding US$700 million, with a particular focus on investigations and trade financing.
• Advised a tanker owner on Singapore law issues in US$100 million claim arising out of a collision between a destroyer and the tanker.
• Successfully acted for a major Japanese telecommunications group in the recognition and enforcement of a Japanese Court default judgment and obtained interim and post-judgment worldwide Mareva injunctions in the Singapore Courts.