Claudia Khoo: A Rising Star in Banking and Finance Litigation
Claudia Khoo is a partner at Shook Lin & Bok Singapore, one of the leading law firms in Singapore. She specializes in banking and finance-related litigation, insolvency and restructuring and general commercial litigation, with a focus on banking and financial disputes, personal and corporate insolvency.
According to her LinkedIn profile, Claudia graduated from the University of Sheffield with a Bachelor of Laws degree in 2014. She was admitted as an advocate and solicitor of Singapore in 2016. She joined Shook Lin & Bok Singapore in 2017 as an associate and was promoted to senior associate in 2020 and partner in 2022.
Claudia has acted for many of the major local and foreign banks and financial institutions in Singapore on a broad range of banking facilities and security documentation and often represents them in the recovery and realization of their securities and assets. She also advises accounting firms, insurance companies and the Monetary Authority of Singapore on matters relating to personal and corporate insolvency.
Some of her recent significant cases include:
Acting for an international accounting firm in their capacity as private trustees of a bankrupt in setting aside multiple claims by potential creditors of the bankrupt to a substantial amount of sale proceeds which the bankrupt is entitled to. This case involves legal issues of voiding an equitable mortgage and on transactions at undervalue;
Acting for foreign trustees in successfully registering a Malaysian judgment in Singapore for RM65 million and interest against a former major player in the Singapore real estate industry and successfully defending against the application to set aside the registration in the High Court of Singapore and before the Appellate Division. The case involved the legal interpretations of the meaning of âappealâ in the Reciprocal Enforcement of Commonwealth Act and the definition of âappealâ in the Reciprocal Enforcement of Foreign Judgments Act as well as the scope of registration of foreign judgments in Singapore;
Acting for a foreign financial institution in respect of a claim of undue influence by a debtor in attempting to set aside the foreign financial institutionâs security documentation and successfully obtaining judgment against the debtor;
Acting for a local financial institution in respect of a discovery application in relation to bankersâ books. This case concerns the Courtâs detailed analysis of what constitutes bankersâ books under Part IV of the Evidence Act and under the Banking Act in respect of banking secrecy. The Court considered for the first time that account opening documents do not fall within the definition of bankersâ books;
Successfully acting for a local financial institution in a high profile matter in obtaining summary judgment against a customer who disputed the claim on inter alia, the grounds that the customer had been defrauded of the moneys claimed by the local financial institution and that the local financial institution had breached their duties of care to the customer, and facilitating the full recovery of all outstanding amounts due and owing by the customer.
Claudia is also active on social media, where she shares her insights on various legal topics, such as software copyright infringement, bond restructuring, reciprocal enforcement of judgments, etc. She also posts about her personal life, such as her hobbies, travels, family and friends.
Claudia is a rising star in the field of banking and finance litigation. She has demonstrated her expertise, professionalism and dedication in handling complex and challenging cases for her clients. She is also a well-rounded individual who balances her work with her personal interests. She is definitely someone to watch out for in the legal industry. 061ffe29dd