Daniel CHAN is a Partner in the Banking & Financial Disputes Practice.

His main practice areas are banking & financial disputes, shareholder disputes, technology disputes and insolvency & asset recovery.

Daniel regularly advises and acts for international banks and financial institutions in complex contentious matters involving both court proceedings and arbitration. He also advises private equity funds and venture capital firms on shareholder disputes. In recent years, Daniel has accumulated significant experience in advising blockchain / cryptocurrency platforms on matters involving disputed claims, breaches of contract, fraud and misrepresentation, as well as in matters involving intellectual property and technology law.

Apart from his practice, Daniel was an Adjunct Faculty with the School of Law of Singapore Management University between 2019 and 2022.

Daniel was placed 6th in his class in the Singapore Bar Examinations and received the 2016 Singapore Academy of Law Overseas Attachment Award. In addition to being a member of the Law Society of Singapore’s Alternative Dispute Resolution Committee, he is a mediator accredited by the Singapore Mediation Centre and is on the Law Society Mediation Scheme’s panel of mediators. Daniel is also a Fellow of the Insolvency Practitioners Association of Singapore.

Matters of significance in which Daniel has been involved in include representing the following:

  • The Algorand Foundation in High Court proceedings to pursue significant cryptocurrency claims against Three Arrows Capital Limited and Hodlnaut Pte Ltd, both of which raised novel issues of law, including whether a claim in cryptocurrency is equivalent to a claim in fiat currency in the context of insolvency proceedings.
  • Credit Suisse AG in Court of Appeal and High Court proceedings to defend a USD 26 million claim brought by a former client for alleged breaches of duties in relation to losses arising from the client’s investments in various financial derivatives, including dual currency investments and accumulators.
  • Australia and New Zealand Banking Group Ltd in Court of Appeal and High Court proceedings to defend the validity of a statutory demand challenged on the grounds that third party security existed and the principle of co-extensiveness allegedly operated to preclude enforcement of the claim.
  • Element Six Technologies Limited, a subsidiary of De Beers, in Court of Appeal and High Court proceedings for the enforcement of multiple patents relating to synthetic single crystal CVD diamond against a commercial conglomerate operating a large synthetic diamond manufacturing facility in Singapore, in what is one of the most significant patent infringement actions to date in Singapore.
  • A major private equity firm in a consolidated international arbitration against a major manufacturer in the petrochemicals industry pertaining to shareholder-related disputes involving allegations of fraud and breaches of directors’ duties.
  • A major cosmetics distributor in an international arbitration pertaining to disputes arising from distribution agreements with one of the world’s largest cosmetic manufacturers.

Related Practices

  • Banking & Financial Disputes
  • Commodities & International Trade Disputes
  • Intellectual Property Disputes
  • Atkin’s Court Forms Singapore (2023) – Chapter XXXVI on Enforcement Orders
  • International Journal of Blockchain Law, Volume VII (October 2023) – Crypto debt not money debt for purposes of statutory demand, Singapore High Court rules
  • Asia-Pacific Trademark Litigation Review (2023) – NFTs, the metaverse and blockchain technology create new risks to brand protection in Singapore

Daniel is recognised as the Best Banking & Financial Disputes Specialist lawyer in Singapore by APAC Legal Awards 2023.