The Legal 500

LEVEL 16, MENARA TM ASIA LIFE 189, JALAN TUN RAZAK, 50400 KUALA LUMPUR
Tel:
Work +60 3 2161 2330
Fax:
Fax +60 3 2161 3933
Email:

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

Banking and finance

Within Banking and finance, Lee Hishammuddin Allen & Gledhill is a second tier firm,

Lee Hishammuddin Allen & Gledhill is ‘excellent; the partners are responsive, quick to provide assistance when needed and very reliable’. The group is led by Kumar Kanagasingham, and attracts leading names, such as Maybank Investment Bank Berhad and KPMG. Highlights for the past year include advising Malayan Banking Berhad on liability restructuring. The firm is also highly recommended for its experience in banking and finance litigation. Sean Yeow Huang Meng and Andrew Chiew Ean Vooi are rated.

Capital markets

Within Capital markets, Lee Hishammuddin Allen & Gledhill is a third tier firm,

Lee Hishammuddin Allen & Gledhill offers ‘very professional guidance, with excellent response times and great value’. Tay Weng Hwee leads the team, which is particularly skilled at debt restructuring work, having advised a number of local banks, including AmBank, CIMB Bank Berhad and Malayan Banking Berhad, in a debt restructuring scheme involving two syndicated term loans of RM700m and $240m. Ooi Bee Hong is ‘the tops, has an accurate and practical mind, and is a very lovely person’; an opinion ‘unanimously shared’.

Corporate and M&A

Within Corporate and M&A, Lee Hishammuddin Allen & Gledhill is a second tier firm,

Lee Hishammuddin Allen & Gledhill fields some impressive corporate practitioners, including head of practice and former managing partner Ng Leong Huat. Work handled has been impressive and varied, and includes advising MTD Capital on the privatisation of MTD InfraPerdana by a selective capital repayment exercise. Other key work includes acting for Bukit Kiara on its joint venture with UAE-based Al-Batha group. Iain Sedgley and Ooi Bee Hong are recommended.

Dispute resolution

Within Dispute resolution, Lee Hishammuddin Allen & Gledhill is a second tier firm,

Lambert Rasa-Ratnam leads Lee Hishammuddin Allen & Gledhill’s active disputes group, which brings top quality clients through the door. Work handled often had a strong cross-border element, with the team advising Malaysia Airlines System in an arbitration in Switzerland concerning the provision of ground handling services at a German airport. The team is ‘thorough, able to meet tight deadlines, accessible at any time and very meticulous’ say clients. Rosli Dahlan and Vijay Kumar Ganasonare also recommended.

IT and telecoms

Within IT and telecoms, Lee Hishammuddin Allen & Gledhill is a second tier firm,

Lee Hishammuddin Allen & Gledhill has an impressive clients base, acting for two major mobile phone networks, Maxis and Digi. It also notably advises Telekom Malaysia on contentious issues, and the team is recommended for its experience in high-speed broadband work. DP Naban, Lambert Rasa-Ratnam, and Vijay Kumar are noted on the contentious side, while Ng Leong Huathandles the corporate aspects. Iain Sedgley and Tay Weng Hwee are also rated.

Intellectual property

Islamic finance

Within Islamic finance, Lee Hishammuddin Allen & Gledhill is a first tier firm,

Lee Hishammuddin Allen & Gledhill offers ‘very hands-on and experienced lawyers’. The team handled some varied work this year, including working on the establishment of a Syariah compliant fund, and on a joint venture with an Islamic finance investment company. Highlights for Tay Weng Hwee‘s team include acting for Akarmas on the financing structure for a voluntary general offer for all shares in PK Resources. Ng Leong Huat and Abdul Hasib Ishak are also recommended.

Malaysia overview

Within Legal market overview,

A number of law firms dominate the Malaysian legal market. Known locally as the three S’s, Skrine, Shearn Delamore & Co and Shook Lin & Bok are long-established and widely-respected historic Malaysian firms. However, they are not necessarily the biggest, and players such as Lee Hishammuddin Allen & Gledhill, Zaid Ibrahim & Co, Kadir, Andri & Partners, Raja, Darryl & Loh and Wong & Partners are hot on the heels of the leading group.

Projects and energy

Within Projects and energy, Lee Hishammuddin Allen & Gledhill is a first tier firm,

Lee Hishammuddin Allen & Gledhill is experienced in large-scale project work, having advised UEM Land Berhad on the development of an administration centre for the Johor State Government. Ian Sedgley is the name of note.

Real estate and construction

Within Real estate and construction, Lee Hishammuddin Allen & Gledhill is a first tier firm,

Lee Hishammuddin Allen & Gledhill is recommended for both transactional and contentious real estate work, with highlights for the past year including advice given to Kijal Resorts on a land acquisition dispute. Nitin Nadkarni and Rosli Dahlan are active in this area.

Tax

Within Tax , Lee Hishammuddin Allen & Gledhill is a third tier firm,

Lee Hishammuddin Allen & Gledhill is thorough and comprehensive, possessing strong business sense and good listening skills’. The 
team, led by D P Naban, handled some 
significant SDLT work over the year, and 
advised an international company on a tax-
related judicial review. Nonetheless, the 
team would have felt the loss of Arjunan Subramaniam in 2009.


Legal Developments in Malaysia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Intellectual Property - Trade Marks

    In September 2006 the Kuala Lumpur High Court ruled that fast-food company McDonald's had an exclusive right to use the prefix 'Mc'. The court ordered McCurry Restaurant to stop using the prefix as part of its trade name and awarded damages and costs to McDonald's. However, on April 29 2009 the Court of Appeal overturned the High Court's decision. The appeal court held that McCurry did not misrepresent itself or confuse the public when carrying out business under the name 'Restoran McCurry'. The court noted the following distinguishing features in how the two parties conducted their business:
    - Shook Lin & Bok
  • Intellectual Property Passing Off

    In September 2006 the Kuala Lumpur High Court ruled that fast-food company McDonald's had an exclusive right to use the prefix 'Mc'. The court ordered McCurry Restaurant to stop using the prefix as part of its trade name and awarded damages and costs to McDonald's. However, on April 29 2009 the Court of Appeal overturned the High Court's decision. The appeal court held that McCurry did not misrepresent itself or confuse the public when carrying out business under the name 'Restoran McCurry'. The court noted the following distinguishing features in how the two parties conducted their business:
    - Shook Lin & Bok
  • Trade marks: survey evidence and generic marks: the Malaysian position

    This article looks at the issues surrounding the admissibility and probative value of survey evidence in trademark litigation and the test to determine whether a mark has become generic.
    - Shook Lin & Bok
  • COMPETITION LAW IN MALAYSIA

    On 22 April 2010, Dewan Rakyat, Malaysia’s House of Representatives, passed the Competition Bill 2010 and the Competition Commission Bill 2010. Broadly, the Competition Bill 2010 provides for laws prohibiting anti-competitive agreements and abuse of dominance. Whereas the Competition Commission Bill 2010 deals with the establishment of a competition commission to administer and enforce the approved Competition Act 2010 (“Act”). This article provides an overview of the key provisions of the Competition Act.
    - Raslan Loong
  • Boonsom Boonyanit and Immediate Indefeasibility: Federal Court reverses its position

    The Federal Court in Tan Ying Hong v. Tan Sian San and 2 others [2010] 2 CLJ 269, has overruled its earlier decision in Adorna Properties Sdn Bhd v. Boonsom Boonyanit [2001] 1 MLJ 241, which held that section 340 of the National Land Code (the Code), conferred immediate indefeasibility and not deferred indefeasibility, to a bona fide purchaser, in a case where the transfer of title is vitiated by a defect or illegality.
    - Shook Lin & Bok
  • Trade marks: survey evidence and generic marks: the Malaysian position

    This article looks at the issues surrounding the admissibility and probative value of survey evidence in trademark litigation and the test to determine whether a mark has become generic.
    - Shook Lin & Bok
  • Globalisation of Islamic Finance: Malaysia in the Forefront

    Islamic finance is undergoing various progressive stages as one of the fastest growing asset classes in the world. In spite of the continuing aftershock of the global financial crisis and the Dubai debt standstill, the industry is expanding in many emerging markets and introducing new standards that should help develop products and attract investors.
    - Azmi & Associates
  • New equity guidlines: RTO

    The new Equity Guidlines of the Malaysian Securities Commission (SC) came into effect on August 3 2009. As a result, the SC's prior approval under section 212 of the Capital Markets and Services Act 2007 will no longer be required for many corporate proposals, save for certain substantive corporate proposals in the main market of Bursa Malaysia Securities Berhad (the Malaysian stock exchange).
    - Kadir, Andri & Partners
  • The future of sukuk

    Sukuk in general market parlance refers to negotiable financial instraments that do not have elements that are prohibited in Island. Formal definitions can be found in international standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (Aaoifi) as well as local regulatory guidlines such as in the case of Malaysia issued by the Securities Commission of Malaysia.
    - Kadir, Andri & Partners
  • Payment default in Islamic finance

    Payment defaults is contemplated by Islamic finance. All legal documentation in Islamic finance does provide for payment default. Perhaps what is not contemplated is the unintended consequences of a default in relation to the shariah contract.
    - Kadir, Andri & Partners