Yu Zheng is proficient in both English and Mandarin. In addition to being a qualified Chinese lawyer, Yu Zheng is well-grounded in the common law generally through his LLM and experience working in Rajah & Tann. Being familiar with both common law legal system and Chinese legal system, Yu Zheng is frequently engaged by Chinese parties in arbitration in Singapore, London and Hong Kong, as well as by non-Chinese parties to manage litigations and arbitrations taking place in China.
Yu Zheng has a wide range of contentious experience having acted as counsel in international arbitrations in Singapore, Malaysia, Hong Kong, London, and the People's Republic of China. These arbitrations involve varied issues such as, shipping, commodity and international trade, construction, patent license, hotel management, sale and purchase of shares, joint venture, etc.
International Trade / Trade Finance / Letters of Credit
- Acted for Kolmar Group to enforce a Singapore court judgment against Jiangsu Textile in the People’s Intermediate Court of Nanjing. This is the first case where a Singapore court judgment is enforced in China.
- Acted for a foreign bank in the investigation and litigation relating to a fraud scandal relating to warehouse receipts allegedly issued by Qingdao port for alumina stored in the tax-bonded warehouse in Qingdao port. The value of the cargoes involved is around US$25 million.
- Acted as the lead counsel in an SIAC arbitration between H&C and Anhui Uni-Pacific. This arbitration award was later on enforced in the People’s Intermediate Court of Hefei, China. This is the first case where a Chinese court enforces a foreign arbitration award where the arbitration agreement was reached by an online anonymous platform.
- Acted for a trader in Jiangsu Province, China, in several SIAC arbitrations against a nickel ore mine and an insurance company both in Indonesia. The total amount of these claims exceeds US$16 million. The disputes arise from a long-term supply contract for nickel ore and a letter of guarantee. He also assisted the clients to apply to a Chinese court for a court order of attachment. This is the first case where a Chinese court issued an order of attachment against the potential defendant to assist a foreign arbitration.
- Acted for a state-owned company in Anhui Province, China, in a Singapore arbitration arising from a contract of sale and purchase of Mauritanian iron ore, and eventually succeeded in defending the claimant’s claim of US$4.5 million.
- Acted for a subsidiary of a listed company in China in defending a claim in a SIAC arbitration. The dispute amount is estimated to be more than US$20 million. The dispute relates to a contract for long term sale and purchase of refrigerated propane.
- Acted as a sole arbitrator in an arbitration hearing in Langfang. The dispute arises from two contracts of sale and purchase of equipment.
Shipping and Maritime
- Acted for ICBC Leasing Finance in a ship finance dispute which involving various court proceedings in America and China. The claim total amount in dispute is around US$200 million.
- Acted for Qingdao Shunhe Shipping in a tri-partite arbitration in London regarding the sale and purchase of the Lacerta. The value of the claim is US$32 million.
- Acted for a private shipyard and a stated owned export and import company, both in Shandong Province, China, in three SIAC arbitrations relating to disputes arising from three shipbuilding contracts. The amounts in these three cases add up to about US$35 million.
- Acted for a shipyard in Liaoning Province, China, in two arbitrations in Singapore relating to two shipbuilding contracts. The amount in disputes in the two cases adds up to about US$23 million.
- Acted for a Chinese shipyard in Jiangsu Province for two arbitration cases at the Kuala Lumpur Regional Arbitration Centre. The disputes arise from two shipbuilding contracts and the claim amount in total is about US$28 million.
- Acted for a shipyard in Zhejiang Province in a London arbitration and succeeded in its claims against a Cyprus shipowner for an estimated US$ 160 million. The claims arose from six identical shipbuilding contracts.
- Acted for Xixiakou Shipyard and a stated owned export and import company in China, as co-claimants, in two London arbitration cases relating to disputes arising from two shipbuilding contracts. The amounts in disputes in the two cases add up to about US$40 million. He also advised Xixiakou Shipyard in Xixiakou Shipyard v. Wartsila, Spliethoff’s and others (Supreme People’s Court). He successfully advised the plaintiff in resisting the stay application by Wartsila and obtained a global injunction against Bank of China from paying any money to Spliethoff’s under two refund guarantees. This is the first case decided by the Supreme People’s Court where the court admits the validity of foreign arbitration clauses, but still hold that the court shall nonetheless have jurisdiction over the disputes that are subject to the arbitration clauses.
- Successfully assisted a Singapore company challenge the jurisdiction of Fuzhou Intermediate Court in favour of Singapore arbitration in MV Magnum Force, and distinguished the above-mentioned Xixiakou case.
- Acted for Minmetals in two London arbitrations again Glory Wealth and Transfield respectively regarding a chain of charters of the Iron Miner. The total claim amount in both cases is about US$ 130 million.
- Acted for a stated-owned enterprise in China against a Hong Kong company in a Hong Kong arbitration relating to a contract of affreightment. The claim amount is about US$18.5 million.
- Acted for a Hong Kong listed bunker supplier in claiming against and tracing the assets of a major Chinese shipping company in China, Hong Kong and Taiwan. Eventually, the bunker supplier successfully recovered more than US$12 million principal claim amount, plus interest and legal costs.
- Assisted a German KG in claiming against, and searching assets of a Chinese shipping company (listed in Shenzhen Stock Exchange) in various countries, including China, Hong Kong, Malaysia, India and South Africa.
- Acted as the lead counsel for the claimants in MV Lr Lily, a consolidated ad hoc arbitration in Hong Kong. The disputes arose from a charterparty and a bill of lading for carriage of iron ore from Indonesia to China.
- Acted for the cargo interest against the shipowners in the Oinoussian Strength (in Wuhan Maritime Court). The claim amount is US$16 million, which was at that time the largest cargo damage claim in China.
- Assisted Malaysian buyers to obtain the vessels ‘Sealink Maju 4 & 5’, which were wrongfully detained in China for ten months, and are involved in disputes of ownership. This case was eventually retried by the Supreme People’s Court of China.
Hotel Management / Construction
- Acted for an internationally renowned hotel management group in HKIAC arbitration against a Chinese hotel owner. The disputes arise from alleged repudiation of a 20-years brand license agreement, and the claim amount exceeds CNY 24 million.
- Acted for an international renowned hotel manager in a CIETAC arbitration in Shanghai against a major tourism group in China. The claim amount is approximately US$9 million.
- Acted for an international renowned hotel manager in two HKIAC arbitration respectively against a hotel owner in Sanya, China, and a hotel owner in Luang Prabang, Laos.
- Acted for Golden Landmark against Siemens in Singapore arbitration relating to a construction contract carried out in Shanghai.
- Acted for a petrochemical company listed in China to defend a claim by a Mexico company in an ICC arbitration. The underlying disputes arise from a technology license agreement. The claim amount exceeds US$22 million.
- Acted for a Jiangsu shipyard and its financier in the negotiation for restructuring of six shipbuilding contracts following the economic crash in 2009. Successfully novated the contracts to another shipyard for the latter to take over the construction of the six vessels. The original price of the six vessels adds up to about US$120 million.
- Advised a leading collateral manager company in Asia on a new structure of commodity finance in China.
- Assisted a commodity trader in Shanghai in the negotiation and drafting of a five-year supply contract of Indian iron ore. The contract value is about US$95 million.
- Advised and assisted a major steel mill in China in the attempted acquisition of Lion Group and other steel mill in Malaysia. These two steel mills are among the largest steel mills in Malaysia.
- Advised and assisted a major steel mill in China in the negotiation of a joint venture and acquisition of mine resources in Indonesia.
Memberships / Directorships
- Commissioner of the Shipping and Maritime Special Professional Commission of China National Lawyers’ Association
- Arbitrator in the Panel of Arbitrators, Langfang Arbitration Commission, China
- Invited Expert of Professional Committee on Investment Arbitration of China Academy of Arbitration Law
- Research Fellow of Institute of Marine Insurance Law of Dalian Maritime University
- Research Fellow of Research Centre of International Shipping Law and Politics of South China Normal University
- “Comments on SIAC Arbitration Rules of 2010 Version”, co-author with Yang Anshan, published at page 104 of Annual of China Maritime Law, Vol. 22, No 2, 2011.
- “May Claimants Arrest the Guarantor’s Vessels for Claims Arising from a Performance Guarantee under a Charterparty?”, co-author with Yang Anshan, published on page 103 of Annual of China Maritime Law, Vol. 21, No 3, 2010.
- “The Discretionary Power of the English Court in Recognizing and Enforcing Foreign Arbitral Awards”, co-author with Yang Anshan, published on page 114 of Annual of China Maritime Law, Vol. 21, No. 2, 2010.
- “Supreme People’s Court of China Has Denied the Effectiveness of an Arbitration Clause in a Bill of Lading”, co-author with Yang Anshan, published on page 10:404 of 2010 Annual Review of International Banking Law & Practice.
- “The Enforcement of China Judgment in Singapore”, Co-author with Toh Kian Sing, SC, presented at China Lawyers Maritime Law Forum, November 2007, Ningbo, China, also published in Guangxi Lawyers, 1st Vol of 2008.