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Baker & McKenzie.Wong & Leow

#27-01 MILLENIA TOWER, 1 TEMASEK AVENUE, SINGAPORE 039192
Zurich, Washington DC, Warsaw, Vienna, Valencia, Toronto , and 68 more

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

Foreign firms

Within Banking and finance - Foreign firms, Baker & McKenzie is a third tier firm,

Baker & McKenzie.Wong & Leow combines key institutional clients such as Standard Chartered and corporate borrowers that include YTL Power International, Essar and Sembcorp Utilities. The team acted for DBS Bank on a S$2bn loan to YTL for its acquisition of PowerSeraya. ‘Excellent team leader’ Paul Elliott draws praise, as does James Huang’s ‘ability to resolve problems efficiently’, and up-and-comer Chew Chin, whose ‘friendly attitude and regional knowledge’ is a valued asset.

Within Capital markets - Foreign firms, Baker & McKenzie is a third tier firm,

At Baker & McKenzie.Wong & Leow, Ashok Lalwani and his capital markets team have a combined domestic and international securities capability, with US law capability a particular strength. In 2008, the team acted for Esso Thailand on its $269m IPO on the Thai stock exchange. Clients include investment banks UBS and Deutsche Bank.

Within Corporate and M&A - Foreign firms, Baker & McKenzie is a first tier firm,

Baker & McKenzie.Wong & Leow has been involved in a diverse range of work in 2008, including acting for YTL Corporation Berhad on its acquisition of Macquarie’s A-REIT, which at S$285m was the largest M&A transaction involving a REIT to date. Led by Ai Ai Wong, the team has developed a broad client base which includes multinationals such as Archer Daniels Midland as well as sovereign wealth funds and private equity houses such as AXA Private Equity. Andrew Martin has strong telecoms expertise.

Within Projects and energy - Foreign firms, Baker & McKenzie is a second tier firm,

Led by ‘excellent team leader’ Paul Elliott, Baker & McKenzie.Wong & Leow fields an ‘unparalleled offering in Thai and Indonesian work’. The team acted for the mandated lead arrangers on the $400m project financing to PTT Asahi Chemical. Chew Chin has a ‘friendly attitude, good knowledge of law and regional specifics.

Within Restructuring and insolvency - Foreign firms, Baker & McKenzie is a third tier firm,

Baker & McKenzie.Wong & Leow’s client bases includes liquidators and insolvency practitioners among its more traditional banking clientele. Tan Chuan Thye has been involved in a number of cross-border liquidations, including the winding up of two entities in the Projector Group.

Joint law ventures

Within Joint law ventures, Baker & McKenzie is a first tier firm,

Baker & McKenzie.Wong & Leow is particularly known for its cross-border finance work, with Wong & Leow LLC strong in the local tax and TMT sector.

Local firms

Within Projects and energy - Local firms,

Wong & Leow LLC fields a regional project finance and development practice through its tie up with joint law venture partner Baker & McKenzie.Wong & Leow. Paul Elliott is the key contact.

Singapore overview

What we say worldwide

Please choose another Baker & McKenzie 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.

Australia

Offices in Sydney and Melbourne

Austria

Offices in Vienna

Azerbaijan

Offices in Baku

Belgium

Offices in Brussels, Antwerp, and Brussels

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Berlin, Frankfurt, Dusseldorf, and Munich

Egypt

Offices in Cairo

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

Offices in Jakarta

India

Italy

Offices in Rome, Milan, and Bologna

Japan

Offices in Tokyo

Kuwait

Kazakhstan

Offices in Almaty

London

Offices in London and London

Libya

Malaysia

Offices in Kuala Lumpur

Netherlands

Offices in Amsterdam

UK Overview

Philippines

Offices in Makati

Poland

Offices in Warsaw

Qatar

Russia

Offices in Moscow and St Petersburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Zurich and Geneva

Taiwan

Offices in Taipei

Thailand

Offices in Bangkok

Ukraine

Offices in Kiev

US

Offices in Washington DC, Palo Alto, New York, Miami, Dallas, Chicago, San Diego, San Francisco, and Houston

Vietnam

Offices in Hanoi and Ho Chi Minh City

Search News and Articles

Legal Developments by:
Baker & McKenzie

  • Tax Reforms Towards the Creation of an International Financial Center in Russia

    In December 2009 the Russian Parliament adopted important changes further promoting the Russian holding companies regime. Starting from January 1, 2011 Russian holding companies will no longer be required to meet the present 500 million ruble threshold for investments made into companies qualifying as “strategic investments” to receive tax benefits.
    - Baker & McKenzie

Legal Developments in Singapore

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • 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

  • REGULATION UPDATE: CATALIST TRANSITION MEASURES

    The Singapore Exchange Limited (the “SGX”) has announced two measures to assist companies listed on Catalist which have yet to appoint a sponsor (“Catalist-NS companies”). The measures are intended to provide financial assistance and time extension to Catalist-NS companies in light of the current challenging economic climate.
    - Drew & Napier LLC
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