Overview
Jelita leads the firm’s Litigation, Arbitration & Investigations practice in Asia, focusing on South East Asia, as well as Hong Kong SAR, where she practised for 10 years before relocating to Singapore.
Jelita advises and represents clients on their most complex cross-border and multi-jurisdictional commercial disputes, whether seeking resolution through arbitration, litigation, mediation or negotiation.
In her arbitration practice, Jelita specialises in financial and energy and resource arbitrations in Hong Kong and Singapore, using all the major institutions and rules (such as SIAC, HKIAC, ICC, and UNCITRAL), including obtaining interim injunctive relief and enforcing arbitral awards in regional courts. She has been appointed by both the SIAC and the ICC as a sole or co-arbitrator.
Jelita also has extensive experience in financial regulatory and internal conduct investigations, advising financial institutions on their most sensitive private bank, equity trading, rate-setting and anti-money laundering reviews. In her early career, she was seconded for much of 2005 to a global investment bank to support a whole-of-bank Hong Kong regulatory audit.
Jelita is adept at advising companies in a crisis triggered by an adverse reputational event, significant threatened liability or financial collapse. She is attuned to the wide range of stakeholders, the balancing of interests, the detailed investigation, careful handling of public enquiries and the management of legal risk for organisations under strain.
Work Highlights
Jelita has led on many major disputes and investigations. These include advising:
Arbitration
- a global commodities trading house on the breakdown of a long-term coal offtake agreement in Indonesia, securing an urgent cross-border proprietary injunction over a coal stockpile through court and emergency SIAC arbitration proceedings, leveraging that asset to obtain a settlement of the main claim, worth up to US$120m.
- an oil and gas joint venture of multinational parties in Indonesia in a c.US$300m ICC arbitration (Singapore seat) over the gas price applicable to a gas offtake agreement, arising from a price increase imposed by the Minister of Energy and Mineral Resources, including administrative court proceedings and engagement with the relevant regulators and Ministries to achieve settlement.
Financial regulatory investigation
- a global bank on the potential first-ever prosecution by a European authority for extra-territorial anti-money laundering allegations arising in the Hong Kong and Singapore wealth management business, including conducting an extensive internal investigation.
- a global bank, conducting an internal investigation, advising on engagement with regulators in Hong Kong and Singapore and negotiating a substantial regulatory settlement arising from the pricing and disclosure practices of the bank’s wealth management business.
Global litigation
- J Trust on a claim for US$250m in Singapore court proceedings arising from its acquisition of PT Bank J Trust Indonesia, as well as managing associated proceedings in Mauritius, Japan, New York, Indonesia and Delaware.
- a global wealth management institution, in Hong Kong court proceedings, brought by a Taiwanese client, with a Singapore account, and associated regulatory review, arising from a claim for mis-selling of an interest rate swap and negligent execution of an accumulator, shortly before the 2008 financial crisis.
Crisis management
- an international investment bank on a dispute arising in its securities joint venture in Indonesia, including preparing for both local civil litigation and Singapore arbitration proceedings and managing regulatory interactions.
- a FTSE-listed multinational consumer health and hygiene company on a high-profile product liability dispute in Korea, involving substantial civil and criminal litigation, reputational management, parliamentary hearings and Interpol-related actions.