We advise clients on a range of legal issues that arise from ownership and disposal of artworks, including taking of security over artworks and conducting due diligence in art transactions.  

Our clients include ultra-high-net worth individuals, family offices, and asset management institutions. For further information about our Art practice, email us at contact@blackletterlaws.com.

Representative Experience

• Advising ultra-high-net worth individuals on the purchase and sale of artworks.

• Advising institutions on taking artworks as collateral.

We cover a broad array of banking transactions, including general bank lending, syndicated lending, structured finance, asset finance, and leveraged finance. 

Our services include assisting with ESG-linked financing, secured senior debt, venture debt facility, acquisition finance, refinancing of existing loans, and cross-border financing transactions.

Our clients include commercial banks, financial intermediaries, institutional asset managers, investment banks, and non-bank lenders. For further information about our Banking and Finance practice, email us at contact@blackletterlaws.com.

Representative Experience

• Vopak Terminal in its refinancing of a S$225 million SORA sustainability-linked term and revolving credit facilities and up to S$200 million accordion facility, and hedging arrangements under these credit facilities.

• New Hope in a US$100 million syndicated loan arranged and advanced by a syndicate of international banks.

• New Hope in a US$60 million loan comprising A and MCPP loans granted by International Finance Corporation to support its investment in Asia.

• Chinese Bank in an AU$600 million acquisition financing transaction to Luye Medical Group on its acquisition of Australia’s Healthe Care.

• Chinese Bank in the purchase of up to US$970 million loan portfolio from its Korean branch and other banks.

• European Bank in the enforceabiliy of a pledge instrument granted in favour of the bank to secure credit facility granted to a commodity trading company.

• Visenze in a venture debt facility provided by InnoVen Capital.

• Singapore Bank in relation to a £30 million term loan facility granted to a UK borrower for the development of a property supported by security granted by Lum Chang.

We specialise in a diverse range of financial products and services, encompassing equity and debt products, derivatives, and securitisation. 

Our services include providing regulatory and transactional legal advice on derivatives products (exchange-traded and OTC) such as currency, equity, interest rate, and structured products, as well as advising on securitisation structure in asset-backed transactions. 

Our clients include banks, corporates, and financial intermediaries. For further information about our Capital Markets practice, email us at contact@blackletterlaws.com.

Representative Experience

• CGS-CIMB in the origination and offering of fractional share investments and regular investment plans.

• Maybank Investment in the restructuring of its prime broking business. 

• Korean Bank in the origination of a range of financial products for accredited and institutional investors as part of their preparations for the launching their wholesale banking business.

• US financial institution (as arrangers and originators) in the first pan-Asian collaterised loan obligation transaction involving the purchase of performing syndicated loans financed by debt instruments issued by an orphan Singapore entity.

• Chinese Bank in its US$500 million certificate of deposit programme arranged by Standard Chartered Bank.

• Vopak Terminal in its hedging arrangements with various international Asian banks to support its syndicated term and revolving credit facilities of an aggregate amount of S$300 million for general corporate purposes.

• Brandix in its hedging arrangements with various international Asian banks as a component of its risk management strategies.

We assist with non-contentious regulatory matters that may emerge in the financial services industry and guide you through the ever evolving and complex regulatory environment.

Our services include helping clients comply with a wide range of financial services laws and regulations in their daily operations, as well as assisting them in navigating the licensing requirements mandated by the regulatory regimes. 

Within this sector, our clients come from diverse segments, including asset managers, banks, brokers, custodians, family offices, funds, payment services providers, and trustees. For further information about our Financial Services Regulation practice, email us at contact@blackletterlaws.com.

Representative Experience

• CGS-CIMB on whether certain financial product with underlying instrument linked to interest rate benchmarks is a derivative product subject to securities law or deposits subject to banking act. 

• Maybank Securities on whether its participation in syndicated loans would be classified as conducting banking or moneylending activities under applicable laws.

• MSIG on compliance with relevant insurance regulations and code of practice in relation to its bancassurance deal involving the distribution of general insurance products by the banks.

• Digital Assets Instituition on compliance with relevant laws in relation to its end-to-end product offering across a broad range of digital assets serving institutional clients, including tokenisation of capital markets instruments and custodisation of digital assets.

• Swiss Financial Intermediary on whether its product falls under the category of capital markets products or banking products and whether it is permitted under its licence to offer such products to accredited investors. 

We cover a wide spectrum of FinTech services spanning corporate, stable coins, NFTs, cryptocurrencies (including payment tokens), lending, and payment systems. 

Our services extend to tokenised capital raising, crowdfunding, crypto products, digital assets, e-payment systems, regulatory affairs, and lending platforms. 

Our client base includes digital exchanges, digital disruptors, payment platforms, and payment networks.  If you like to know more about our FinTech practice, please send an email to contact@blackletterlaws.com.

Representative Experience

• Kasa Singapore in the tokensiation of shares in the sub-funds of  an umbrella fund structured as a variable capital company and the issuing of digital tokens on a distributed ledge which represent interests in these sub-funds. 

• Global Payment Network Institution in the implementation in its payment ecosystem a buy-no-pay-later feature that allows payments of goods and services acquired from participating merchants on an instalment basis. 

• Global Online Travel Portal in the offering of NFTs minted by the clients as part of its business activities. 

• Alivee in the implementation of its live e-commerce platform that facilitates payment transactions through live sale between merchants/sellers and buyers.

We cover the entire life cycle of a fund, offering a comprehensive range of services to the investment management sector across various areas. 

Our services include structuring and establishing a diverse range of offshore and onshore investment funds using various fund vehicles, facilitating the setup and licensing of fund management companies, providing regulatory advice, supporting the marketing of investment funds, advising on investments in fund products, and assisting with fund offerings. 

Our clients span corporates, family offices, financial institutions, and fund managers. For further information about our Investment Funds practice, email us at contact@blackletterlaws.com.

Representative Experience

• GoImpact in establishing an umbrella fund structured as a variable capital company focusing on environmental, social and governance principles.

• Asset Manager in the creation of a first-of-its-kind retail fund which enables investors to preserve a specfic percentage of the highest net asset value of a unit within the fund.

• KASA Singapore in the conversion of securities issued by the sub-funds of an umbrella fund structured as a variable capital company into digital sub-funds.

We help affluent families and individuals, family offices, and family businesses in their multifaceted legal needs by providing solutions that address a wide range of complex requirements. 

Our services include helping clients navigate the intricate landscape of their legal needs, setting up family offices, advising on corporate structuring, facilitating philanthropic endeavours, structuring funds, establishing trust structures to safeguard assets, and assisting in transactional work.

Our clients include family offices, high-net-worth individuals, private banks, trustees, and trust companies. For further information about our Private Client practice, email us at contact@blackletterlaws.com.

Representative Experience

• Restructuring family office involving multiple trusts.

• Assisting with applications for tax exemptions under the Singapore tax regime.

• Setting up family office and fund vehicles in Singapore.

• Assisting private clients in realising their philanthropic goals, including advising on the appropriate legal framework for their charitable organisation. 

• Assisting family offices in their Global Investor Programme application to the Economic Development Board.