The Legal 500

Linklaters Allen & Gledhill

ONE MARINA BOULEVARD, #28-00, SINGAPORE 018989
Tel:
Work +65 6890 7300
Fax:
Fax +65 6890 7308
Web:
www.linklaters.com

What we say about the firm's legal practice in Singapore

Foreign firms

Within Banking and finance - Foreign firms, Linklaters LLP is a first tier firm,

Linklaters Allen & Gledhill uses its Singapore office as a regional hub to handle complex, cross-border finance transactions. Richard Ginks’arrival brought additional infrastructure and energy finance expertise, while India specialist Narayan Iyer has ‘excellent technical aptitude and project management skills’. 2008 saw the practice act for Reliance Petroleum on an $800m export credit financing for a greenfield oil and gas project in India. Philip Badge is also recommended.

Within Capital markets - Foreign firms, Linklaters LLP is a first tier firm,

Linklaters Allen & Gledhill has ‘one of the deepest capital markets teams in Singapore’, capitalising on its reputation as ‘the first choice for exchangeable or convertible bond products’. In 2008, the team acted for JPMorgan on a S$1bn convertible bond issuance, notable for being the largest such deal to date in south east Asia. 
Clients recommend ‘reliable and solution-oriented’ Kevin Wong, Dean Lockhart’s ‘great mix of legal and client skills’, and Arun Balasubramaniam, who is ‘as good as it gets for Indian capital markets transactions’.

Within Corporate and M&A - Foreign firms, Linklaters LLP is a first tier firm,

Linklaters Allen & Gledhill underwent changes in 2009, with Richard Good relocating to London and Stuart Bedford taking the reins of the Singapore corporate team in March. Despite this, deal activity has been high, with the team advising Arcapita Bank on the $750m acquisition of Honiton Energy.

Within Projects and energy - Foreign firms, Linklaters LLP is a first tier firm,

Despite Martin David’s move to DLA Piper Singapore Pte. Ltd., Linklaters Allen & Gledhill continues to field a strong team of project finance experts, particularly in the Indian market thanks to the expertise of Philip Badge and Narayan Iyer. 2008 saw the team advise the Institute of Technical Education on the $270m PPP tender process for the ITE College West development.

Within Projects and energy - Foreign firms, Linklaters LLP is a first tier firm,

Herbert Smith LLP’s projects, energy and infrastructure offering was significantly strengthened by the arrival of Richard Nelson from the London office of Linklaters LLP. He leads a team of five lawyers with a strong focus on regional oil and gas, and mining projects. The team acted for British Gas on the refinancing of the Santa Rita power projects in the Philippines, and regularly acts for commercial banks and multilaterals.

Within Projects and energy - Foreign firms, Linklaters LLP is a first tier firm,

Wikborg Rein advises on offshore financing, as well as ship finance. Stephen Fordham is the primary contact.

Within Restructuring and insolvency - Foreign firms, Linklaters LLP is a first tier firm,

Linklaters Allen & Gledhill’s client list includes AIG, Merril Lynch and Standard Chartered, for which it provides ‘unparalleled strength-in-depth’, and advised Lehman Brothers and KPMG on the restructuring and disposal of Lehman Brothers’ Asian business to Nomura. The team is headed up by Philip Badge and ‘experienced and responsive’ Kelvin Wong. Dean Lockhart offers ‘a great mix of legal and client skills’.

Joint law ventures

Within Joint law ventures, Linklaters LLP is a first tier firm,

Linklaters Allen & Gledhill has a prominent profile in the capital markets and corporate sphere.

Local firms

Within International arbitration,

Norton Rose (Asia) LLP fields a ‘strong, organised and very responsive’ team which was joined in 2008 by Wilson Ang from Linklaters Allen & Gledhill. The team advised on disputes with a cumulative value of $1bn in 2008, and has been expanding to cover internal fraud investigations and anti-corruption matters for government-linked entities in Malaysia, Singapore and Brunei. Guy Spooner has ‘good business acumen’, while of counsel KC Lye is ‘cool under pressure’.

Offshore market

Within Offshore market,

Desmond Ong left DLA Piper Singapore Pte. Ltd. to open up Eversheds LLP’s Singapore office in 2009. However DLA Piper Singapore Pte. Ltd. acquired former Linklaters Allen & Gledhill partner Martin David to head up the firm’s Asian projects and finance practice.

Within Offshore market,

Herbert Smith LLP has developed a strong name in the project finance and power sectors with the arrival of Richard Nelson from Linklaters LLP in London and is growing its profile in M&A thanks to managing partner Austin Sweeney.

Singapore overview


What we say worldwide

Please choose another Linklaters LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Dubai

Belgium

Offices in Brussels and Antwerp

China

Offices in Shanghai and Beijing

Germany

Offices in Berlin, Frankfurt, Munich, and Dusseldorf

Algeria

Spain

Offices in Madrid

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

India

Italy

Offices in Rome and Milan

Japan

Offices in Tokyo

Jordan

Cayman Islands

Lebanon

London

Offices in London and London

Luxembourg

Offices in Luxembourg

Libya

Morocco

Netherlands

Offices in Amsterdam

Oman

UK Overview

Philippines

Poland

Offices in Warsaw

Portugal

Offices in Lisbon

Qatar

Russia

Offices in Moscow

Scotland

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Thailand

Offices in Bangkok

Tunisia

US

Offices in New York

Vietnam

Legal Developments in Singapore

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Getting The Deal Through - eCommerce

    The Singapore government has been proactive and inclusive in its encouragement and development of internet communications and e-commerce, by its establishment of a supportive legal and technical infrastructure, investments in technology and awareness- building. Policy-wise, it adopts a balanced and light-touch approach to ensure that minimum standards are set for responsible use of the internet while giving maximum flexibility to industry players to operate, and favours industry self-regulation.
    - Joyce A. Tan & Partners
  • RESTRAINT OF TRADE CLAUSES IN THE CONTEXT OF A SALE OF BUSINESS

    The Singapore Court of Appeal has affirmed that Singapore courts will take a more liberal approach when considering restrictive covenants in the context of a sale of business, compared to a situation where such covenants are contained in a contract of employment.
    - Drew & Napier LLC
  • PROPOSED LISTING MANUAL AMENDMENTS TO STRENGTHEN CORPORATE GOVERNANCE PRACTICE

    The Singapore Exchange Ltd (the “SGX”) has issued a public consultation paper which sets out proposed amendments to the Listing Manual of the Singapore Exchange Securities Trading Ltd (the “Listing Manual”). The proposals are the result of the SGX’s latest rule review. Such reviews are carried out annually to keep abreast of industry developments and to enhance the standards of the listed companies.
    - Drew & Napier LLC
  • SINGAPORE HIGH COURT CLARIFIES SCOPE OF FORCE MAJEURE AND TERMINATION CLAUSES

    The Singapore High Court has ruled that a rise in prices of sand, caused by a ban on sand exports (the “sand ban”) by the Indonesian government in January 2007, did not constitute a force majeure event which would relieve a concrete supplier of its obligations to supply concrete to a construction company. The court also highlighted the importance of being clear and unequivocal when communicating one’s intention to terminate a contract.
    - Drew & Napier LLC
  • GUIDELINES ON FAIR DEALING FOR FINANCIAL INSTITUTIONS

    Monetary Authority of Singapore (“MAS”) advocates that Islamic finance products shall receive similar regulatory treatments as the conventional finance products. However, MAS has not opted to have a separate Islamic finance regulatory regime that exists in parallel with the conventional framework. MAS accordingly serves as the driving force behind the change in the laws and regulations pertaining to the governance, validation and enhancement of Islamic finance transactions.
    - Loo & Partners
  • EROSION OF REMITTANCE BASIS OF TAXATION AND REVIVAL OF THE SOURCE ISSUE

    The charging section in the Income Tax Act brings within Singapore’s taxing jurisdiction not only income that is sourced in Singapore, but also income which is received in Singapore from outside of Singapore. In the light of criticism against remittance of income as a basis for taxation and the persistent lobbying of businesses in Singapore, recent amendments to the Income Tax Act have been steadily chipping away at the remittance basis of taxation in Singapore.
    - Drew & Napier LLC
  • INCOME TAX (AMENDMENT) (EXCHANGE OF INFORMATION) BILL 2009

    The Income Tax (Amendment) (Exchange of Information) Bill (the “Bill”) has been introduced in Parliament. The Bill proposes to amend the Income Tax Act to bring the level of assistance Singapore can provide to foreign jurisdictions under Avoidance of Double Taxation Agreements (“DTAs”) in line with the Organization for Economic Cooperation and Development’s Standard on the exchange of information for tax purposes (the “Standard”)
    - Drew & Napier LLC
  • Merger Control 2009

    The international regulation of mergers and joint ventures in 64 jurisdictions worldwide
    - Drew & Napier LLC
  • BANKS FACE CONSEQUENCES OF NON-COMPLIANCE WITH INTERNAL PRACTICES AND ACCEPTED BANKING PROCEDURES

    The Singapore High Court has criticised the conduct of the Singapore branches of two foreign banks in failing to adhere to internal control mechanisms and accepted banking procedures in the verification of signatures on certified extracts of board resolutions. The court also provided valuable guidance on the steps banks could take to ensure the bona fides of such certified extracts.
    - Drew & Napier LLC
  • QUARTERLY UPDATE: Competition Law

    (1) Singapore Competition Law Watch (2) Regional Focus - China  (3) Regulatory Update  (4) Industry News - Aviation - Petrochemical - Cement - Financial - IT - Others  (5) Do you know?
    - Drew & Napier LLC