
Top insolvency lawyer and former Rajah & Tann managing partner Patrick Ang dies at 61
Former Rajah & Tann managing partner Patrick Ang dies at 61
Patrick Ang, former managing partner at Rajah & Tann, one of Singapore's Big Four law firms, has died at the age of 61. The firm confirmed his death in a statement on June 14.Ng Kim Beng, managing partner at Rajah & Tann (R&T), said, 'R&T has lost a celebrated lawyer, a selfless leader, and most of all, a cherished and deeply loved friend and colleague. His sudden and unexpected passing leaves an immense void.'
Also read: Marelli files for Chapter 11 bankruptcy in US as hedge funds take control
Ang was a leading insolvency lawyer in Singapore, with over three decades of legal experience. He was known for his role in major corporate collapse cases including China Aviation Oil, Hin Leong, Lehman Brothers, and Swiber.
He was the first Singaporean and the fourth Asian lawyer inducted into the American College of Bankruptcy, an international body of top bankruptcy and insolvency professionals.
Ang became managing partner at R&T in 2019, succeeding Senior Counsel Lee Eng Beng. During his leadership, he spearheaded the law firm's regionalisation through Rajah & Tann Asia, a network of legal practices operating across Southeast Asia.He was named Managing Partner of the Year at the Asia Legal Business South-east Asia Law Awards in both 2024 and 2025. Earlier in 2025, Ang stepped down from his managing partner role but remained as vice-chairman of Rajah & Tann Asia.Contributions to law and public service recognizedMinister for Law Edwin Tong paid tribute to Ang in a statement on June 14, calling him a 'formidable legal mind' and commending his 'unwavering stout heart for Singapore.''In my earlier years of practice, we often found ourselves on opposite sides of the table in complex restructuring matters,' Tong wrote. 'Even then, I found it impossible not to respect him.'
Also read: Motherson's Marelli takeover faces US hedge fund bump Tong noted that Ang approached negotiations with 'integrity and grace,' and consistently maintained professionalism, even in difficult legal matters.Ang also contributed to Singapore's public service. He played a role in drafting the Covid-19 (Temporary Measures) Bill and was awarded the Public Service Star (Covid-19) National Day Award in recognition of his work.'His passing is not only a profound loss to his firm, but also to the legal profession and to Singapore, which he served with quiet resolve, unwavering strength and deep purpose,' said Tong.
Family and academic legacy Ang is survived by his wife, Marina Chin, Senior Counsel and joint managing partner at Tan Kok Quan Partnership, and their three daughters.His brother, Ang Peng Hwa, is a professor at the Wee Kim Wee School of Communication and Information.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
2 hours ago
- Time of India
US FCC approves two T-Mobile deals after wireless carrier drops DEI programs
WASHINGTON: The U.S. Federal Communications Commission has approved two T-Mobile deals that would expand the wireless carrier 's network, the commission said on Friday, after the company ended its diversity, equity and inclusion programs under pressure from President Donald Trump's administration. T-Mobile was allowed to buy almost all of regional carrier United States Cellular's wireless operations including customers, stores and 30% of its spectrum assets in a deal valued at $4.4 billion. In a separate transaction, T-Mobile was given a green light to acquire internet service provider Metronet , which reaches more than 2 million homes and businesses in 17 states. T-Mobile said in a letter to FCC Chair Brendan Carr made public on Wednesday that the company is ending its DEI-related policies "not just in name, but in substance." In January, Trump issued sweeping executive orders to dismantle U.S. government DEI programs, and pressured the private sector to join the initiative. U.S. antitrust enforcers approved T-Mobile's UScellular deal on Thursday.


Time of India
2 hours ago
- Time of India
India-US trade deal: Donald Trump administration may cut tariff to below 20%; putting India in favourable position against other countries
This is an AI image. United States is working toward an interim trade agreement with India that could reduce proposed tariffs to below 20%, giving the country a more favorable position compared to other countries in the region. Unlike many nations, India is not expected to receive a formal tariff hike notice this week, and the agreement may be announced through an official statement, Bloomberg reported, quoting sources. The proposed interim trade deal between the two nations would allow both the sides to continue negotiations, giving India time to address unresolved issues before a broader agreement expected later this year, the source added. India, US near trade deal. What happens next if New Delhi joins Trump's shortlist? The planned agreement is likely to set a baseline tariff of under 20%, down from the 26% initially proposed, with provisions to allow further adjustments as part of a final pact. However, the exact timeline for the interim deal remains uncertain. If finalised, India would likely join a select group of nations that have reached trade arrangements with the Trump administration. In contrast, several other countries were hit with surprise tariff hikes of up to 50% this week, ahead of the August 1 deadline. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 기미, 레이저말고 이렇게 해보세요 에스테틱최원장 Undo India is pushing for a more favourable deal than the one signed with Vietnam, which included 20% tariffs. Vietnam, caught off guard by the high rate, is now seeking a revision. So far, only the UK has officially signed trade deals with the Trump administration. Earlier on Thursday, Trump told NBC News that he is considering imposing blanket tariffs of 15% to 20% on most trading partners who haven't yet received specific rates. Currently, the baseline tariff for most US trade partners stands at 10%. For Asian countries, announced rates so far include 20% for Vietnam and the Philippines, and as high as 40% for Laos and Myanmar. Despite being among the earliest to initiate trade discussions this year, India-US relations have shown recent tensions. While Trump indicates an imminent agreement, he has also suggested additional tariffs regarding India's BRICS membership. An Indian negotiation team is expected to visit Washington soon to push forward trade talks. India has already made its final offer to the Trump administration and outlined its non-negotiable positions. The key sticking points remain, including the US demand for India to allow genetically modified (GM) crops, something New Delhi has firmly opposed, citing concerns for farmers, while the other unresolved issues include agricultural non-tariff barriers and regulatory hurdles in the pharmaceutical sector, the source added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Fibre2Fashion
2 hours ago
- Fibre2Fashion
ChinaâUS container volumes down 28% in June 2025
China-origin container volumes to the US remained significantly subdued in June 2025, totalling 639,300 twenty-foot equivalent units (TEUs)—flat month-on-month (MoM) but 28.3 per cent below June 2024 levels, according to The Global Shipping Report released by Descartes. China's share of total US imports dropped to 28.8 per cent, its lowest since 2021, reflecting the lingering effects of elevated tariffs, sourcing diversification, and the phased revocation of the de minimis exemption. China-origin container volumes to the US stayed flat MoM in June 2025 at 639,300 TEUs, but dropped 28.3 per cent YoY. China's share of US imports hit a low of 28.8 per cent amid tariffs, de minimis rule revocation, and trade rerouting. E-commerce brands face margin pressure, while Red Sea disruptions and tariff uncertainty ahead of the August 10 truce expiry add to trade risks. The marginal recovery in overall US imports in June (up 1.8 per cent from May to 2,217,675 TEUs) was not mirrored by China. Analysts point to uncertainty ahead of the August 10 expiry of the US–China tariff truce, which temporarily reduced tariffs from 145 per cent to 30 per cent. New tariffs on Vietnamese re-exports—often used to bypass direct China sourcing—have further constrained trade flows. E-commerce brands have been hit particularly hard. The revoked de minimis rule, replaced with a 54 per cent duty as of mid-May, continues to erode margins and increase compliance costs. Wider geopolitical tensions are amplifying trade risk. Shipping through the Red Sea and Bab el-Mandeb Strait remains depressed—nearly 50 per cent below early 2024 levels—as carriers reroute vessels around the Cape of Good Hope, increasing costs and delays on Asia–US and Asia–Europe lanes. The Iran–Israel conflict and persistent Houthi attacks have stalled any return to Red Sea routes. With China-origin imports historically concentrated through West Coast ports, the impact of reduced volumes has been partially offset by tariff-induced rerouting and a surge in trade from other Asian economies. Yet analysts said that unless there is clarity on tariff policy post-August, the slowdown in China trade may extend well into the second half of 2025. Fibre2Fashion News Desk (HU)