A rising star in the Singapore corporate restructuring and insolvency scene, Darius handles both contentious and non-contentious aspects of the practice both domestic and international. He works closely with local and international counsel.
Darius Tay
Director


LL.B (Magna Cum Laude), SMU
B.C.L (Oxon)
Advocate & Solicitor, Singapore


One of the founders of BlackOak, Darius’ work focuses on special situations, including both contentious and non-contentious aspects of corporate restructuring and insolvency (“CRI”), banking and finance as well as mergers and acquisitions for special situations.

Darius was appointed to the Singapore Supreme Court’s Young Amicus Curiae Scheme in 2014. He acted as amicus curiae in the only reported Singapore judgment on the issue of testamentary capacity regarding the disposal of one’s Central Provident Fund (Singapore’s national retirement savings plan) monies and was also part of the Insolvency Practitioners Association of Singapore’s working committee on their amicus brief in Kao Chai Chau Linda v Fong Wai Lyn Carolyn and Others [2016] 1 SLR 21, a landmark Singapore decision on insolvency practitioners’ remuneration.

Darius is a recognised rising star of the local CRI scene and he has been ranked in leading publications such as Chambers Asia Pacific, The Legal 500 Asia Pacific and IFLR 1000.




Contact Information
DID: (65) 6521 6747
FAX: (65) 6443 0887
EML: darius.tay@blackoak-llc.com
Darius Tay advises on a wide range of contentious and non-contentious restructuring matters, with clients describing him as 'very commercially aware' and 'client-oriented'. Other interviewees report that he is 'technically brilliant' and 'extremely good at transaction management'.
- Chambers and Partners

Director Darius Tay ‘is a lawyer that every client would want in their corner’ and has ‘impeccable knowledge and commercial awareness’ and the ‘solutions he provides are never cookie-cutter’.
- Legal 500
Recent Deals
  • Advising on the restructuring of a USD255 million facility granted to an offshore marine entity.
  • Advising on a USD60 million acquisition loan in the oil and energy, marine offshore industry.
  • Advising a private equity fund on the refinancing of a SGD 300 million senior secured term loan facility in relation to its investment in a private international education entity.
  • Advising a Middle Eastern sovereign wealth fund in relation to its investment in port projects in India.
  • Advising and representing the liquidators of Vanguard Energy Pte Ltd (a company with revenues in excess of USD 1 billion) in various aspects of a complex liquidation.
  • Acting for BLD Investments Pte Ltd in relation to the restructuring of its Guaranteed Equity Linked Bonds, guaranteed by PT Bakrieland Development Tbk.
  • Acting for an informal steering committee of holders of USD 150 million, 8.75% senior secured bonds due 2018 in relation to Miclyn Express Offshore Pte Ltd’s restructuring exercise.
  • Acting as local counsel to Glencore Singapore on the contentious restructuring of Jurong Aromatics Corporation.
  • Advising I.M. Skaugen SE on its application for moratorium orders under S211B Companies Act. This application was significant as it was the first to be brought by a foreign company. The ensuing reported judgment in Re IM Skaugen SE [2018] SGHC 259 currently stands as the leading decision in Singapore law on the extraterritorial effect of a worldwide moratorium and the statutory interpretation of S211B(4) Companies Act.
Appointments
  • Member, Insolvency Practice Committee of the Law Society of Singapore
  • Member, Singapore Academy of Law
  • Member, NextGen Committee, Turnaround Management Association (South East Asia)
  • Young Amicus Curiae, 2014-2015
Honors / Awards
  • Up and Coming (Restructuring / Insolvency)
    Chambers Asia Pacific 2019
  • Next Generation Lawyer (Restructuring and Insolvency)
    The Legal 500 Asia Pacific 2019
  • Rising Star (Restructuring and Insolvency)
    IFLR 1000, 2019
  • Future Star (Insolvency)
    Benchmark Litigation Asia-Pacific 2018