Foreign firms in Indonesia

Allen & Overy

Allen & Overy‘s Indonesian offering is split into the banking, capital markets, corporate, projects and international arbitration practices. The firm is a one-stop-shop for U.S. securities, English law, Singapore law and Indonesian law. The banking and finance team is led by Gautam Narasimhan who advises international banks, private equity funds and credit funds on financings and structured transactions involving Indonesian sponsors. The ‘commercially-minded’ Brendan Hannigan heads the corporate practice and has been involved in many high profile public takeovers, joint ventures and restructurings. Projects practice head Jason Humphreys works alongside Scott Lovell, both of whom have substantial experience in the power, infrastructure, oil and gas space. Capital markets partners Felipe Duque and Aloysius Tan advise on both debt and equity capital markets in the Asia Pacific region.

Practice head(s):

Gautam Narasimhan; Felipe Duque, Aloysius Tan, Brendan Hannigan

Other key lawyers:

Scott Lovell

Testimonials

‘A&O/G&R are very reliable in terms of their local knowledge and speed with which they can revert. They also have significant relationships with banks which makes them a reliable partner. This helps the overall process when a law firm is heavily relied upon by the bank.’

The firm has one of the best banking practices in Indonesia. A&O are one of the few international firms with genuine banking expertise in the region.’

Ginting & Reksodiputro can collaborate excellently with their clients. They were able to work expertly in the interests of their clients, work in challenging situations/timelines, and deliver outstanding results.’

‘Pretty Commercial, part of a global network and has reputable Indonesian practice ’

Key clients

Indies Special Opportunities Ltd (Indies)

PT Pembangkitan Jawa Bali

Mubadala

Tokopedia

PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia)

Mitsui

Falcon House Partners

The Republic of Indonesia

PT Pertamina (Persero)

PT Bank Mandiri (Persero) Tbk

PT Hutama Karya (Persero)

PT Bank Negara Indonesia (Persero) Tbk

PT Garuda Indonesia (Persero)

Work highlights

  • Advised Tokopedia on its transformational merger with Gojek, with the combined business having a valuation of $18bn.
  • Advising the lenders including ECAs in relation to the financing of the RDMP Balikpapan Refinery Upgrade Project, Phase I, in Indonesia.
  • Acted as Indonesian and international counsel to the Republic of Indonesia on its $4.3bn triple-tranche SEC-registered bond, with proceeds to be partially used for Covid-19 relief.

Clifford Chance

Clifford Chance is a M&A and capital markets powerhouse in Indonesia, representing leading international and domestic clients on high profile transactions. The capital markets practice offers a full range of services and covers both debt and equity capital raisings, while banking and finance, dispute resolution and projects are the other main pillars. Corporate and M&A specialist Melissa Ng heads the team and has particular sector expertise in energy, consumer goods, financial institutions and technology; Johannes Juette is a US-qualified lawyer and advises clients on capital markets transactions; Thomas England specialises in banking and finance; Kabir Singh is recommended for international arbitration and disputes; and Paul Sandosham heads the South East Asia energy, infrastructure and resources disputes practice.

Practice head(s):

Melissa Ng

Other key lawyers:

Johannes Juette; Thomas England; Kabir Singh

Key clients

PT Barito Wahana Lestari

Medco Energi

Credit Suisse

ABN Amro

PT Garuda Indonesia (Persero) Tbk

Digital Edge

Republic of Indonesia

Adaro Power

PT Archi Indonesia TBK

Work highlights

  • Advised on PT Medco Power Indonesia’s sale of a minority interest in its gas IPP and O&M business in Indonesia to Kansai Electric Power Company.
  • Advised Credit Suisse and DBS as joint bookrunners on PT Japfa Comfeed’s $350m Senior Fixed Rate Sustainably Linked Bond (SLB) issuance.
  • Acted for an Indonesian branch of a global American financial institution in a corporate investigation involving the facilitation trading business within that investigation.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP advises leading foreign corporations and financial institutions on their investments in South East Asia, particularly on high profile projects in the energy and infrastructure space. The firm has a broad range of industry expertise that covers mining, TMT, financial institutions, consumer and real estate. David Dawborn and Vik Tang are both based in Jakarta, allowing the firm to strengthen its alliance with its associated office; Dawborn is well-regarded in the energy sector and Tang specialises in foreign investment and M&A in the technology space. Alastair Henderson heads the Southeast Asia international arbitration practice and Glynn Cooper heads the Southeast Asia energy and infrastructure practice. Asia practice heads Mark Robinson and Adrian Cheng head the TMT and banking and finance practices, respectively. International law and cross-border disputes specialist Gitta Satryani is another key name to note.

Practice head(s):

David Dawborn; Vik Tang; Adrian Cheng; Glynn Cooper; Gitta Satryani

Other key lawyers:

Alistair Henderson; David Clinch; Mark Robinson

Testimonials

‘They are a sensible and practical firm that responds quickly and delivers concise advice. They are very experienced and their advice always considers the nature and policy of the client’s business.’

Key clients

LinkAja

Temasek

The Kansai Electric Power Co., Inc.

K-Water

LG International

PT Pertamina Rosneft Pengolahan dan Petrokimia

Pacific Century Group (PCG)

Work highlights

  • Acted for LinkAja, the state-backed digital payment platform, on a strategic investment by Grab and Go-Jek.
  • Advised Temasek on its investment in PT Diamond in Indonesia.
  • Advised Japan’s Kansai Electric Power Co., Inc. (Kansai) on a strategic alliance with PT Medco Power Indonesia (MPI) to develop and operate power plants in Indonesia.

Linklaters

Linklaters is a leading firm for cross-border deals and investments into Indonesia and the firm’s client base consists of major investment banks, multinational corporates and international energy firms. Digital infrastructure is a key area of focus for the firm and the corporate practice has in-depth knowledge of digital infrastructure assets, including towers, data centres and fibre. Asia practice heads Sophie Mathur and Philip Badge head the corporate M&A and banking practices, respectively. New York, England and Hong Kong qualified lawyer Amit Singh acts as the head of South and Southeast Asia capital markets. Jonathan Horan is also a key name to note in the capital markets practice. Banking and projects expert Christopher Bradley is the managing partner of the Singapore office.

Practice head(s):

Amit Singh; Christopher Bradley; Jonathan Horan; Philip Badge; Sophie Mathur

Other key lawyers:

Karen Phang

Testimonials

High technical competency, with the ability to give practical and commercial advice. Responsive and proactive from a client care perspective.’

Sophie Mathur is technically very competent, proactively addresses client’s needs and comes up with commercial and practical advice.’

Karen Phang provides very solid support during one of our recent deals and was always very responsive. She is a very reliable legal advisor – would strongly recommend her.’

Key clients

EdgePoint Infrastructure

Credit Suisse

DP World

DBS Bank

L Catterton

HSBC

Citigroup

Nickel Mines Limited

Barclays

Work highlights

  • Advising DP World in relation to the proposed development and operation of an integrated container terminal and industrial logistics park located in Gresik, East Java Province, Indonesia.
  • Advised Barclays Bank PLC, Singapore Branch, BNP Paribas, Citigroup Global Markets Singapore Pte. Ltd. and Mandiri Securities Pte. Ltd. as arrangers and dealers on the establishment of $500m Euro Medium-Term Note Programme by PT Indonesia Infrastructure Finance.
  • Advised EdgePoint Infrastructure on its $750m sale-and-leaseback acquisition of more than 4,200 telecommunications towers from PT Indosat Tbk (Indosat Ooredoo), one of Indonesia’s leading digital telecoms providers.

Milbank

Milbank has a strong presence in Indonesia and advises on high profile banking and finance, capital markets, M&A, projects and restructuring transactions. The capital markets team which includes Giles Kennedy who is well-regarded in the region and real estate has been a key area of sector focus for the team. The ‘excellent‘ corporate partner Jacqueline Chan specialises in the technology, consumer and financial services sectors. Managing partner David Zemans heads the corporate practice and showcases extensive experience in the energy sector, as does James Murray who focuses on resources finance and multi-sourced financings. Cross-border financings partner James Orme is also active in the energy space.

Practice head(s):

James Murray; David Zemans

Other key lawyers:

Jacqueline Chan; James Orme; Giles Kennedy; Andrew Gibb

Testimonials

‘Expertise on project finance and market knowledge / application in Indonesia; commercial sensible approach; great on management of local counsel and local law issues; positive approach to work and clients.’

‘James Murray and his team work very well together as a team and are effective in allowing clients to work towards deadlines. Great understanding of legal issues and market positions.’

‘My go to for Indonesia and Southeast Asia experience. Deep relationships and knowledge in Indonesia.’

‘Jacqueline Chan is excellent. Very commercial. Creative structuring. Can help me navigate complex issues and make sure my downside is protected. Very personable so great in negotiations. ’

‘The team is very experienced in handling local matters and well versed in the Indonesian property market and its regulations. The fact that most of the Indonesian property companies are their clients speak volume to their experience and expertise in the subject.’

‘Giles and Jacqueline stands out for me as they were able explain and breakdown the different regulations both in Indonesia and Singapore that was important to the project. The client was able to relate to their explanations and the client trusted them completely. From our side, having lawyers that can relate and understand the commercial nature of restructuring is a massive plus.’

‘Milbank provides a very in-depth analysis of each situation and provides legal advise based on that. Client interest is always in their mind. I particularly like working with their senior partners. They have a diverse group of people.’

‘I work with David Zemans, their Asia head, James Murry and James Orme – the partners who are outstanding on banking side. I also work with Giles Kennedy – the partners who are very good from DCM side.’

‘Very commercial, deal driven, provides innovative solution to problems, very client-focused.’

Key clients

The Export-Import Bank of Korea (KEXIM)

KSURE

DBS Bank Ltd

KDB Bank

Bangkok Bank

Bank Negara Indonesia

Bank Mandiri

Bank of China

Maybank

PT Bank Rakyat Indonesia Tbk

KEB Hana Bank

CIMB Bank

Asian Development Bank

International Finance Corporation

MUFG

SMBC

PT Bank Mandiri (Persero) Tbk

PT Supreme Energy Rantau Dedap (SERD)

PT Alam Sutera Realty Tbk

PT Bukit Makmur Mandiri Utama

PT Adaro Indonesia / PT Adaro Energy Tbk

Lippo Malls Indonesia Retail Trust Management Ltd.

Credit Suisse

Deutsche Bank

Barclays

Work highlights

  • Advised The Export-Import Bank of Korea (KEXIM) and KSure Commercial Banks: DBS Bank Ltd, KDB Bank, Bangkok Bank, Bank Negara Indonesia, Bank Mandiri, Bank of China, Maybank, PT Bank Rakyat Indonesia Tbk, KEB Hana Bank, CIMB Bank on the financing of the 2,000MW Jawa 9+10 power project in Suralaya, Indonesia which is being developed by PT Indo Raya Tenaga, a special purpose project company.
  • Advised joint bookrunners (Credit Suisse, DBS Bank, Deutsche Bank and Barclays) on the dual-tranche issuance of $1.1bn guaranteed senior secured green bonds.
  • Advising Indonesian energy company PT Adaro Indonesia on its new $400m loan facility.

White & Case Pte. Ltd.

White & Case Pte. Ltd. stands out for its ‘deep topic knowledge and collaborative ways of working with clients‘. It has a leading corporate and M&A practice and a particularly active presence in the financial institutions, energy and real estate sectors. Jonathan Olier heads the M&A and private equity practice which also includes the highly regarded Jon Bowden. The Asia capital markets team has a full-service offering and is led by Kaya Proudian, a debt and equity capital markets specialist who is both US and English law qualified. Alexander McMyn leads the debt finance and restructuring practice and has substantial experience advising lenders, sponsors, and borrowers on a broad range of transactions and financings. Key changes to the team include the arrival of projects and infrastructure partners Tim Fourteau and Jamie Franklin who joined from Latham & Watkins LLP in 2020.

Practice head(s):

Kaya Proudian; Jonathan Olier; Alexander McMyn

Other key lawyers:

Jon Bowden; Hendy Handoko; Tim Fourtea; Jamie Franklin; Charles McConnell

Testimonials

‘Deep knowledge of the local Indo laws; great coordination with the global/English Law team and able to come up with solid advice.’

The team has very deep knowledge of specific market regulations and market practices. The team is very collaborative to understand client needs and support, and adjust the output accordingly.’

‘Charles McConnell – really good client management and able to network and connect the client to other clients; in-depth knowledge of banking and capital markets in Asia.’

Key clients

Bangkok Bank Plc

BNP Paribas

CIMB Investment Bank

CLSA Limited

Credit Suisse

CVC Asia Pacific Limited

Deutsche Bank AG

Korea Electric Power Corporation

The Government of Republic of Indonesia

Ooredoo Group

Work highlights

  • Advising Ooredoo Group on the merger of PT Indosat, an Indonesian subsidiary of Ooredoo Group, with PT Hutchison 3 Indonesia, an Indonesian subsidiary of CK Hutchison Holdings Ltd.
  • Advised the Arrangers and Managers (CIMB Investment Bank Berhad, Citigroup Global Markets Inc., Dubai Islamic Bank P.J.S.C., The Hongkong and Shanghai Banking Corporation Limited, and Standard Chartered Bank) on the update of the Government of the Republic of Indonesia (RoI)’s Rule 144A/Reg S $25bn trust certificate issuance program and the subsequent $3bn multi-tranche sukuk offering under the program.
  • Advised Deutsche Bank AG, Singapore Branch as mandated lead arranger of a $350m debt financing to an Indonesian subsidiary of Edgepoint Group, an Asia-focused towers business sponsored by the $25bn infrastructure investor, Digital Colony.

Shearman & Sterling LLP

Shearman & Sterling LLP showcases in-depth knowledge of the local regulatory framework in Indonesia and has a strong presence in the projects and energy infrastructure space. The projects team handles high profile project development and financings of renewable power projects, including solar and hydropower. Ben Shorten heads the Asia project development and finance practice and has extensive experience advising sponsors in the power, oil and gas sectors. Shorten is supported by Bill McCormack and David Clinch, who joined from Herbert Smith Freehills LLP in 2021. Andrew Schleider heads the capital markets offering and Sidharth Bhasin is the lead partner of the M&A team. International arbitration partner Daryl Chew is also noted.

Practice head(s):

Ben Shorten; Sidharth Bhasin; Andrew Schleider

Other key lawyers:

Bill McCormack; Daryl Chew

Testimonials

‘Extremely impressed with the depth of knowledge of Asian energy M&A market. Persuasive and calm in negotiations. Excellent representation of client’s interests. Balanced and fair views. Documentation, advice and management of local counsel were all exceptional. Trusted advisers always going above and beyond duty for the client.’

Key clients

PT Indonesia Asahan Aluminium/MIND ID

BNP Paribas

Barclays Bank

Australia and New Zealand Banking Group Limited

Crédit Agricole Corporate and Investment Bank

Credit Suisse

DBS Bank Ltd

Deutsche Bank

Mizuho Securities Asia Limited

MUFG Securities Asia Limited Singapore Branch

Nomura International (Hong Kong) Limited

Oversea-Chinese Banking Corporation Limited

Standard Chartered Bank

The Hongkong and Shanghai Banking Corporation Limited

UBS

United Overseas Bank Limited

Mandiri Securities Pte. Ltd.

Work highlights

  • Advised Indonesia’s state-owned mining company PT Indonesia Asahan Aluminium in connection with a share purchase agreement to acquire a minority stake of PT Vale Indonesia from Vale Canada and Sumitomo Metal Mining for approximately $370m.
  • Advised the sponsors, Masdar and PJBI, on the development of the 145MW Cirata floating PV project in Indonesia valued at $127.24m.
  • Acted for (Deutsche Bank, Mandiri Securities and Standard Chartered Bank on Indika Energy Capital IV Pte’s offering of $450m 8.25% senior notes due 2025, and the tap offering of $225m 8.25% senior notes due 2025, by PT Indika Energy TBK.

Allen & Gledhill LLP

Allen & Gledhill LLP advises clients on market entry strategies, structuring or restructuring, acquisitions, divestments and early-stage investments in Indonesia. Oene Marseille has extensive experience advising international corporates and private investors on corporate and M&A transactions in the region. Clients praise Marseille for being ‘knowledgeable, amiable and very responsive‘. Prawiro Widjaja advises corporate clients and private equity funds on big-ticket M&A transactions.

Testimonials

Allen & Gledhill have a close tie-up with leading Indonesian firm, Soemadipradja & Taher, and together deliver a very joined up offering to their clients.’

Oene Marseille is knowledgeable, amiable and very responsive.’

Work highlights

  • Advised CVC and the Sellers, as transaction counsel, on the sale of PT Softex Indonesia to Kimberly-Clark Corporation for an aggregate purchase price of $1.2bn.
  • Advising Keppel Midgard Holdings Pte. Ltd. on the joint build agreement to jointly own and develop the Bifrost Cable System, with a subsidiary of Facebook Inc. and PT. Telekomunikasi Indonesia International.
  • Acted as transaction counsel to a private investor who co-led both the $90m Series C and $95m Series D financing of Mobile Premier League.

Baker McKenzie Wong & Leow

Baker McKenzie Wong & Leow's broad practice handles corporate transactions, both inbound and outbound renewable projects, project development, financings, restructurings, capital markets, disputes and arbitrations. James Huang heads the finance and projects practice and is supported by projects and infrastructure specialist Martin David, who has a particular interest in renewables. The Asia Pacific international capital markets practice is led by Ashok Lalwani, while Nandakumar Ponniya heads the dispute resolution team in Singapore.

Practice head(s):

Martin David; James Huang; Ashok Lalwani; Nandakumar Ponniya

Key clients

PT Bank Negara Indonesia (Persero) Tbk

PT Garuda Indonesia (Persero) TBK

PT Perusahaan Listrik Negara (Persero)

Standard Chartered Bank (HK) Limited

Sumitomo Mitsui Banking Corporation

Vena Energy

UPC Renewables Asia Pacific

DBS Bank Limited

STEAG GmbH

Work highlights

  • Advised PT Bank Negara Indonesia (Persero) Tbk as agent on behalf of the finance parties under the $260m facilities agreement dated 29 September 2016 for PT Delta Dunia Sandang Tekstil.
  • Representing PT Garuda Indonesia (Persero) TBK in several pending English High Court proceedings commenced by its aircraft lessors relating to an aircraft lease dispute.
  • Advised Sumitomo Mitsui Banking Corporation on the $1.75bn and JPY 31.72bn syndicated loan facilities for PT Indofood CBP Sukses Makmur Tbk (ICBP) to acquire the issued share capital of Pinehill Company Limited from Pinehill Corpora Limited and Steele Lake Limited.

DLA Piper

DLA Piper has a broad client offering and handles banking and finance, capital markets, corporate/M&A, disputes, and projects mandates. Managing partner Joe Bauerschmidt has played an active role in the expansion of the firm’s corporate and capital markets practice, particularly in the technology, financial, energy and real estate sectors. Timothy Tan is a key individual to note in the banking and finance practice, and the capital markets offering is led by English and New York qualified lawyer Philip Lee. Maurice Burke joined from Hogan Lovells Lee & Lee in 2021 and heads the investigations practice for Asia.

Testimonials

‘In my experience working with DLA Piper team in several global bond issuances, I noticed that the team is very helpful for both the issuer and the banks. They’re not hesitant to share insights on how some deals are typically executed from legal perspective, based on their experience doing similar deals in the past. This is essential information to equip us for negotiations with working parties and investors in global bond issuances. ’

‘The individuals are helpful and responsive. The communication was done very well with them. I remember they even are willing to take the time to do a session with debut issuers and banks, to educate such issuers on the documentation that are needed for global bond issuances. Shout out to Philip Lee and his team for demonstrating a high degree of professionalism.’

Key clients

PT MNC Investama group and PT Asia Vision Network

Digital Edge Asia

Surbana Jurong

Bank Mandiri

Indonesia Power

China Energy Investment Corp

ADB

Experian Ventures

BBVA

DBS Bank

Barito Pacific

KEPCO

Veolia

Mandiri Securities Pte Ltd

MUFG Securities

PT Sarana Multi Infrastruktur (Persero)

Work highlights

  • Advising PT Asia Vision Network on a $573m merger with Malacca Straits, a Nasdaq-listed SPAC.
  • Advising Barito Pacific and Indonesia Power as sponsors on all aspects of the development and financing of the $3.3bn 2x1000MV Jawa 9 & 10 coal-fired power station in Indonesia, involving Euler Hermes, KEXIM and K-Sure.
  • Representing the Asian branch of a global reinsurer in a contractual dispute with an Australian third-party marketing company.

Jones Day

Jones Day‘s core areas of expertise include projects and infrastructure, energy, banking and finance and disputes. Global disputes practice head Matthew Skinner has substantial experience representing clients in the oil and gas and resources sectors in construction and commercial disputes.

Practice head(s):

Matthew Skinner

Testimonials

Julien Reidy could manage all expectations from the client very well with his international experience in project finance. He could provide reliable and constructive responses to any comments given by counterparty’s lawyers. As such, in the project, he could successfully push back most of the requests from the counterparty and at the same time could make the project reach the closing.’

Key clients

Ministry of Communications and Information Technology (Indonesia)

Work highlights

  • Advised the Ministry of Communications and Information Technology (Indonesia) on the initial tender and procurement of a $550m Government Multifunction Satellite Public Private Partnership (PPP) Project.

Ashurst LLP

Ashurst LLP has a full service offering with an active presence in the commodities sector and a recognised projects practice, with expertise in renewables and gas infrastructure. Rob Palmer heads the disputes team and has extensive experience acting on LNG price review disputes. Richard Guit heads the Asia-Pacific projects practice and works alongside Michael Harrison, Daniel Reinbott and Alfred Ng. The team’s projects offering was bolstered with the arrival of Andrew Roche from Latham & Watkins LLP in 2021.

Practice head(s):

Rob Palmer

Testimonials

The firm has a very good profile in Indonesia and Japan in the energy sector.’

Rob Palmer has been based in the APAC region for many years and knows the region very well. He is a go-to partner for anything related to infrastructure and construction. Particularly knowledge of power plant projects‘.

Key clients

PT Indonesia Asahan Aluminium (Persero)

PT Bukit Asam

PT Aneka Tambang

Government of the Republic of Indonesia

PT Bank China Construction Bank Indonesia, Tbk

China Construction Bank

Bank of China

ICBC

The Chugoku Electric Power Co., Inc.

YOU Private Limited

PT Pertamina (Persero)

Mitsui & Co., Ltd.

China Development Bank

Freepoint Commodities Singapore Pte Ltd

Work highlights

  • Advising ADB as lead transaction advisor on the South Tangerang waste / waste-to-energy project, Indonesia.
  • Advising MIND ID and PT BAI on the development and financing of  BAI’s 1 million ton per annum smelter grade alumina refinery to be located in Mempawah, West Kalimantan, Indonesia.
  • Advise Freepoint Commodities on its strategic partnership with PT Pertamina (Persero) on the upgrading, terminal lease and joint operations of the Sambu Island Fuel Terminal, located within the islands of Riau, Indonesia.

Gibson Dunn

Gibson Dunn advises a wide variety of foreign investors and state-owned enterprises on corporate, M&A, finance and restructuring matters. Brad Roach is well-regarded in the Indonesian oil and gas industry and has extensive experience advising on upstream M&A transactions and LNG projects. Jamie Thomas advises sponsors, borrows and lenders on Indonesian-related transactions and restructurings.

Practice head(s):

Brad Roach; Jamie Thomas; Troy Doyle

Other key lawyers:

U-Shaun Lim

Testimonials

‘All of the team members are very competent and experienced in their fields and are easy to work with. ’

‘Brad Roach (Partner) – very knowledgeable and has tons of experience in Indonesia market.’

The team led by Jamie Thomas is excellent, the leading financing and restructuring team for borrower side by far. They are very creative, reliable, proactive and up to date on recent trends and case law. Jamie and Troy Doyle make an excellent team that is well organized with deep bench strength with their team, which Jamie is very well coordinated across groups. He also is a great guy to work with as he has lots of energy and drive and is dependable and technically very strong.’

Gibson Dunn was very professional, creative and worked very well under pressure. The team always meets tight deadlines with high-quality work. The team there are very good operators and prolific at the high end of the market.’

Brad Roach (Partner) – very knowledgeable and has tons of experience in Indonesia market‘.

Jamie Thomas is excellent on deals, fantastic technically and very to the point on issues and negotiates very hard on our behalf. Jamie knows his stuff and is on top of all the facts. He doesn’t miss a trick and is a tough negotiator and an excellent practitioner. He also works well under pressure and is always available. Of counsel U-Shaun Lim is another great member of the team and works well with Jamie. They are a great team and we appreciate their passion and drive to get the deal closed.’

I find Jamie to be very forward-thinking and thoughtful around the issues that matter the most. He is technically very strong and he is one of the few real advisers out there who has the creativity and an uncanny ability to find solutions to “deal stoppers”. He is great at steadily driving complex big-ticket deals to the finish line. He also has a very good team behind him – U-Shaun comes to mind as a very solid rising star who is bright, technically strong with a great attitude. Finally, I appreciate that Jamie is always contactable at any time of day to assist on a matter, always with a great attitude and humour.’

Key clients

Chevron Corporation

MedcoEnergi

PT Saka Energi Indonesia

Duniatex Group

MAXpower Group Pte Ltd

Jadestone Energy

Sritex Group

PT Indika Energy Tbk

Mizuho Corporate Bank

Kimberly-Clark Corporation

Hogan Lovells Lee & Lee

Hogan Lovells Lee & Lee handles a balanced mix of corporate and M&A, banking and finance, restructuring and insolvency matters. Stephanie Keen heads the Asia Pacific corporate and finance practice and has expertise in TMT, financial services and healthcare sectors. The Singapore banking and finance practice is led by Charlie Clayton-Payne and counts both borrowers and financial institutions as his main clients. Nick Williams heads the business restructuring and insolvency practice in Southeast Asia. The team lost former Southeast Asia disputes head Maurice Burke  to DLA Piper in April 2021.

Practice head(s):

Chalid Heyder; Stephanie Keen; Charlie Clayton-Payne; Nick Williams

Work highlights

  • Acting for a syndicate of lenders in connection with the $145m and IDR 1.45 billion term and revolving facilities for the FKS Group, a leading food and agricultural business in Indonesia.

K&L Gates Straits Law LLC

Energy, infrastructure and resources is a core focus for K&L Gates Straits Law LLC and Lian Yok Tan is the key name to note; Lian also has a broad range of expertise that covers mining, infrastructure, oil and gas.

Practice head(s):

David Tang; Lian Yok Tan; James Chen

Testimonials

Fantastic range of lawyers at different levels which means that the right team can be used to staff each transaction. Great depth of knowledge at the right level which allows the team to be versatile, use technology as needed to speed up transactions or to use industry/commercial knowledge to find solutions.’

Key clients

Avation PLC

Avenue Capital Group

JP Lease

Luye Pharma

PT ANTAM Tbk

PT Pertamina (Persero)

PT Perusahaan Gas Negara

Shell Eastern Petroleum Pte Ltd

Work highlights

  • Advising PT Pertamina (Persero) on the development of a strategically important petrochemical complex in Indonesia.
  • Advising PT ANTAM Tbk on $254m construction of a ferronickel smelter in Indonesia.
  • Advising PT ANTAM Tbk on refinancing and restructuring of loans from export credit agency and commercial banks to chemical grade alumina plant in Indonesia.

King & Spalding LLP

King & Spalding LLP has particular experience advising on M&A, financing and restructuring transactions in the LNG, oil and gas sectors. Dispute resolution is another key area of work. Andrew Brereton has a strong energy background and has been active in the sustainable lending space, working on clean energy and sustainability-linked financings. Merrick White left to join McDermott Will & Emery LLP in June 2021.

Practice head(s):

Richard Nelson; Simon Cowled; Andrew Brereton

Key clients

Star Energy Geothermal

Mitsui & Co., Ltd.

Conrad Petroleum Ltd

Work highlights

  • Advised Star Energy Geothermal on the successful refinancing of its $1.25bn senior secured facilities, and the termination of its associated interest rate swap positions with its syndicate of mainly Asian lenders and hedging providers.
  • Represented a subsidiary of one of the largest Philippine conglomerates, in a shareholder dispute against Indonesian entities (Claimants), relating to shares in a holding company that owns interests in major Philippine infrastructure projects.
  • Advising Mitsui & Co. on its strategic exit of coal fired assets in China, Indonesia and Malaysia as part of its global strategic initiative to achieve net zero emissions by 2050.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP is highly recommended for M&A and equity capital markets transactions which the head of the Singapore office Rajeev Duggal specialises with an emphasis on the energy sector. Jonathan Stone heads the Asian corporate practice and has substantial experience handling cross-border M&A and private equity transactions.

Practice head(s):

Rajeev Duggal; Jonathan Stone

Key clients

Grab

PT Medco Energi Internasional Tbk

PT Bumi Serpong Damai Tbk.

PT Modernland Realty Tbk

PT Paiton Energy

PT Medikaloka Hermina