24 ASIAN LEGAL BUSINESS – JULY 2023 WWW.LEGALBUSINESSONLINE.COM example is his representation of Daelim Industrial in a lengthy arbitration against ONGC Petro Additions Limited (OPAL), an Indian state-owned oil company, involving a project to construct a highdensity polyethylene plant. Through meticulous technical cross-examination, Rai demonstrated that OPAL’s claims for losses were unfounded, resulting in the Tribunal awarding nominal damages of only $6,000, compared to OPAL’s initial claim of $430 million. Rai and his team also handle two SIAC arbitrations on behalf of a major Asian conglomerate, defending claims of nearly $400 million a Middle Eastern party brought over the distributorship of goods in the Middle East. These disputes involve parties in a very longstanding relationship, including the application of Singapore, Korean and international law, and complicated issues of quantum principles in damages. In Court litigation, Rai has taken on several groundbreaking cases. He is currently representing a group of 377 claimants in a $65m representative action against Terraform Labs, once one of the world’s biggest and most infamous cryptocurrency operators. This is the first representative action of its kind involving cryptocurrency in Singapore and involves novel aspects of product liability, misrepresentation and fraud. Another notable case is Rai’s representation of The Wave Studio in a copyright infringement suit against the General Hotel Management group. At both trial and appeal (where he went up against two separate senior counsels), he successfully established that GHM had infringed The Wave Studio’s copyright in hundreds of photographs. Recognised for his exceptional skill in advocacy and sophisticated legal acumen, Rai received the prestigious Joseph Grimberg Outstanding Young Advocate Award – a prize awarded to the most talented young lawyers in Singapore who have demonstrated outstanding qualities in their professional work and ethical standards. His wealth of experience, strategic approach, and ability to handle complicated and multifaceted disputes make him the first port of call for clients facing crisis or distress situations. ALB ASIA SUPER 50 DISPUTES LAWYERS 2023 Alan Tsui Ming Lun JunHe, Hong Kong Sheng Rong Tng Rajah&Tann, Singapore Kunal Vajani Fox & Mandal, India Jimmy Yim, SC Drew & Napier, Singapore Peter Yuen Fangda Partners, Hong Kong METHODOLOGY • Lawyers were selected based on client feedback sent directly to Asian Legal Business between March and April 2023. • The work of the lawyers nominated, and the commercial standing of the clients’ making recommendations were taken into account during evaluation. • Over 700 in-house counsels across 11 jurisdictions in Asia and overseas sent in recommendations for this list. Alan Tsui Ming Lun Partner, Jun He Law Offices With a strong focus on dispute resolution, bankruptcy, reorganisation, liquidation, and labour and employment matters, Alan Tsui Ming Lun has garnered a reputation for his exceptional legal expertise and client-centred approach. Tsui has successfully represented several clients in complex and highstakes cases throughout his career. He has provided strategic guidance and effective representation to senior executives, directors, shareholders, and companies across various industries. One of Tsui’s notable achievements includes representing former directors and shareholders of a Hong Kong liquidated company in settling offshore debts of over $2.3 billion, thereby avoiding private claims against them. He has also successfully represented creditors of a Hong Kong-listed company in winding-up proceedings, competing for assets to repay debts and providing legal advice on debt restructuring plans. Tsui negotiated cross-border loan payments and repayments with a sizeable domestic shipbuilding company on behalf of a major bank in China. He has also represented a Chinese land operator in an arbitration against an overseas bank and other parties involving a dispute over the purchase and development of land valued at approximately 207 million renminbi ($28 million). Tsui is also recognised for his expertise in defending individuals facing misconduct allegations. He is currently representing a senior executive of a Nasdaq-listed company in an investigation by the company’s liquidator, diligently protecting the individual’s rights and interests. Tsui’s commitment to personalised client service is a cornerstone of his practice. He believes in building strong client relationships based on trust and open communication. By actively listening to their concerns and understanding their unique goals, he develops tailored strategies that address their needs. His
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