Covenant, a Singapore-based law firm, had a week marked by both strategic hiring and thought leadership in fast-evolving risk areas. The firm underscored its expansion in Disputes & International Arbitration and Construction & Engineering with the appointment of Director Ching Meng Hang, recently profiled by Global Arbitration Review.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Covenant highlighted that its structure allows senior practitioners like Ching to deliver highly personalized client service while maintaining independence to act as either counsel or arbitrator in Singapore-seated disputes. This model is positioned to support higher-margin, cross-border mandates in complex construction and commercial arbitration.
In parallel, the firm amplified commentary from Deputy Managing Director Ronald JJ Wong on rising legal and regulatory risks in cryptocurrency investments. Drawing on public data, Covenant noted that crypto-related losses accounted for nearly 20% of scam losses in Singapore in 2025, with such cases surging 156%, underscoring mounting retail investor exposure.
Wong emphasized that investors need to scrutinize whether exchanges are properly regulated and whether they retain legal title to digital assets in insolvency scenarios. He also stressed the importance of swift action when abnormalities surface, including freezing bank accounts, cards, and digital wallets, and considering court or arbitration proceedings in Singapore or overseas where appropriate.
Covenant framed complex digital asset structures as a potential trap for uninformed investors, pointing to significant hidden legal and operational risks behind seemingly lucrative projects. Its visibility in crypto-related disputes and investor protection work could strengthen its positioning in regulatory, recovery, and cross-border litigation as digital asset oversight intensifies.
Taken together, the senior lateral hire in arbitration and the firm’s active stance on crypto risk management indicate a continued build-out of Covenant’s high-value disputes capabilities. These developments may enhance its ability to attract sophisticated corporate and infrastructure clients, supporting the firm’s growth trajectory in Singapore’s competitive legal services market.