Prakaash Silvam

Prakaash Silvam

Partner, Head of Shipping

+65 9474 2575

Prakaash specialises in commercial litigation and arbitration with a focus on international commodity trade, trade finance, marine insurance and “dry” shipping work (including charterparty and bill of lading disputes).

Prakaash has been spotlighted by legal publications as being “business-oriented and practical” (Chambers & Partners) and for providing “timely, practical and focused solutions on a cost-effective basis” (The Legal 500).

The international nature of his practice often necessitates taking account of legal issues and the court procedures of more than one jurisdiction. He has substantial advising on cross-border fraud investigations and strategies for obtaining effective and time-critical legal remedies to secure and recover assets, including freezing injunctions, disclosure orders and other ancillary relief for the identification and protection of assets. He is currently acting for a trade finance bank in pursuing recovery actions against Hin Leong Trading Pte Ltd and its associated entities in respect of the bank’s exposure under trade financing agreements. The matter involves allegations of fraud and involves exposure of approximately US$3.85 billion to 23 banks.

Prakaash also regularly advises clients on sanctions related matters, including the impact of the US, EU and UN sanctions on businesses based in the region.

Prakaash serves as a member of the Inquiry Panel of the Law Society of Singapore on the appointment of the Honourable Chief Justice. He is also a member of Legal & Insurance Committee of the Singapore Shipping Association (SSA), the SCMA SEADOCC Promotion Committee and the London Grain and Feed Trade Association (GAFTA). He also sits on the Steering Committee of the International Fraud Group (IFG).