Meiyen’s main areas of practice include cross-border disputes, consensual and non-consensual insolvency and restructuring, corporate fraud and investigations. She has acted for and advised individuals, multi-national corporations, court-appointed administrators, distressed and special situations funds and banks in Singapore and abroad. Prior to joining Oon & Bazul, Mei Yen was a partner at one of the Big Four domestic law practices in Singapore. She is also the first female to lead a restructuring and insolvency legal practice in Singapore.
Meiyen graduated from the University of Warwick. She is admitted to the Singapore Bar, Malaysian Bar, the Roll of Solicitors of England & Wales and qualified as a Barrister-at-Law (Middle Temple).
She is one of the founding members of the Singapore Network of the International Women’s Insolvency and Restructuring Confederation (IWIRC) and is currently the Co-Chairperson of the Singapore Network. She also spearheaded the establishment of IWIRC Malaysia together with members of the insolvency and restructuring practice area in Malaysia.
An online travel platform recently obtained Singapore's first super priority order for rescue financing pursuant to Section 211E(1)(b) of the Companies Act. This groundbreaking decision provides valuable guidance to insolvency practitioners regarding future applications for super priority rescue financing, which will hopefully increase the attractiveness of distressed financing as an investment opportunity in Singapore, fostering its development as an insolvency and restructuring hub.
The Singapore High Court recently delivered a landmark decision on the recognition of foreign bankruptcy proceedings and the public policy exception under the Singapore Model Law. In this groundbreaking decision, the court ruled on several matters relating to the law for the first time, including the relevant date and other factors for determining a debtor's centre of main interests.
The Companies Act was amended in May 2017 to introduce a number of improvements to Singapore's debt restructuring laws regarding super-priority status for rescue financing, schemes of arrangement, judicial management and cross-border insolvency. This article reviews the various court decisions (both reported and unreported) that have been issued since the changes became operative.
The much-anticipated Insolvency, Restructuring and Dissolution Bill was recently passed. The bill aims to ensure that Singapore's restructuring and insolvency laws remain relevant and progressive to support its position as a global restructuring hub. The bill also represents the last phase of implementing recommendations from the Insolvency Law Review Committee and the Committee to Strengthen Singapore as an International Centre for Debt Restructuring.
The Singapore High Court recently delivered a landmark decision on the question of public policy under the United Nations Commission on International Trade Law Model Law on Cross-Border Insolvency, as adopted by Singapore in the Tenth Schedule to the Companies Act (the Singapore Model Law). This is the first reported decision in which a Singapore court has been faced with the question of public policy in an application for recognition of a foreign insolvency proceeding.