What we say about the firm's legal practice in Singapore
Banking and finance
Within Foreign firms, tier 4
Practice head Rajeev Duggal at Skadden, Arps, Slate, Meagher & Flom LLP advised Credit Suisse, Barclays Capital, Standard Chartered Bank and DBS Bank Ltd as underwriters in a $300m high-yield offering of senior secured guaranteed notes by Pacnet. Gerard Hekker left to join Sidley Austin LLP.
Capital markets
Within Foreign firms, Skadden, Arps, Slate, Meagher & Flom LLP is a third tier firm,
Skadden, Arps, Slate, Meagher & Flom LLP combines US law capability with a strong Indian practice and regional presence, notably in Hong Kong. Rajeev Duggal represented Credit Suisse and DBS Bank as placement agents for the $400m financing of new units in Ascott REIT. Together with Jonathan Stone in Hong Kong, Duggal represented Credit Suisse and Morgan Stanley in Bakrie Telecom’s $130m Rule 144A/Regulation S high-yield guaranteed senior notes offering.
Corporate and M&A
Within Foreign firms, tier 4
Skadden, Arps, Slate, Meagher & Flom LLP’s five-partner regional practice represented Credit Suisse as financial advisor to Ascott REIT in its acquisition of a $1bn global property portfolio. Practice head Rajeev Duggal and Jonathan Stone in Hong Kong are leading names.
International arbitration
Within International arbitration, tier 5
Skadden, Arps, Slate, Meagher & Flom LLP’s Paul Mitchard QC, one of the few QCs based in Asia, represented a Chinese energy company in a dispute with one of its investors in a New York-law governed international arbitration in Hong Kong. Frances Kao relocated to Singapore from the office in Chicago.
Projects and energy
Within Foreign firms, tier 4
Skadden, Arps, Slate, Meagher & Flom LLP is representing Temasek Holdings in its $400m investment in Brazil’s Odebrecht Oil and Gas. Alan Schiffman is advising PT Paiton on financing the expansion of a coal-fired power plant in Indonesia.
Restructuring and insolvency
Within Foreign firms, Skadden, Arps, Slate, Meagher & Flom LLP is a third tier firm,
Skadden, Arps, Slate, Meagher & Flom LLP advised on Lehman Brothers’ sale to Nomura Holdings.