Offshore in Singapore

Carey Olsen Singapore LLP

Carey Olsen Singapore LLP has grown considerably in the last two years; it now has the largest litigation team amongst the offshore firms in Singapore, landing a high proportion of shareholder disputes that fall under Cayman and BVI law. Restructurings and insolvencies are also a major forte for the group, which has a strong focus on the China market. On the transactional side, the Singapore team is active in corporate and M&A deals, capital markets offerings, financings and investment fund formations. The group is also active in capital markets including those by SPACs and Southeast Asia-based unicorns looking to fundraise on US exchanges. In the funds segment, it advises a range of private equity, hedge, venture capital and special situations funds. Bilateral secured financings for Chinese and Southeast Asia banks are also a feature of the Singapore practice. Anthony McKenzie heads the Singapore office and the Asia corporate practice. James Noble leads the litigation, insolvency and restructuring team in Asia.

Practice head(s):

Anthony McKenzie; James Noble

 

Other key lawyers:

Kate Lan; Amelia Tan; Joni Khoo

Testimonials

‘This is the A-team for offshore litigation in Singapore, specialising in British Virgin Islands and Cayman Islands dispute resolution, with an emphasis on company law disputes, corporate insolvency, cross-border enforcement and high-value business disputes.’

‘With the largest offshore litigation practice in Singapore, Carey Olsen provides efficient and pragmatic solutions. The team is highly responsive, from partners to associates, and I appreciate the hands-on approach.’

‘Strong across the board but Anthony McKenzie has a particular China focus which is helpful for a firm like ours and a standout among similar service providers.’

‘Anthony McKenzie – practical, commercial, contactable and responsive.’

‘Anthony McKenzie is a good listener and builds enduring relationships with clients and relationship firms.’

‘James Noble (partner) and Amelia Tan (senior associate) are two of the outstanding individuals within Carey Olsen that I would speak highly of to others. Both are technically solid, business savvy and always responsive. James is an all-rounder with insightful experiences in offshore jurisdictions, Hong Kong and Singapore.’

‘James Noble – the lead partner and head of dispute resolution at Carey Olsen – has tremendous legal acumen (never loses the big picture vision but is disarmingly on top of the detail as well) – beloved by his clients. Kate Lan – the powerhouse of the Carey Olsen Singapore dispute resolution team. Amelia Tan – brilliant with clients – has a fabulous eye for detail and seemingly unstoppable energy. Joni Khoo – up and coming, and a great team player – has a fabulous eye for detail and seemingly unstoppable energy.’

Key clients

Full Truck Alliance

CN Energy

The Carlyle Group

China Merchant Bank

Global Cord Blood Corporation

The Bank of East Asia, Limited

G Medical Corporation Limited

Walkers

Walkers has a large and established presence in Singapore, offering real depth of experience in Bermuda, BVI and Cayman Islands laws. The Singapore team has recently boosted its Bermuda law capacity and is also building its standing in Irish asset finance structures. The group covers corporate, finance, funds and dispute resolution. Singapore managing partner John Rogers covers finance and corporate transactions, while Laura Rogers is a key name in funds work. Robert Foote leads the insolvency and dispute resolution group, with Richard Siddle and Shirleen Tan providing further expertise in debt finance. James Twigg is further noted for high-value M&A and venture capital fundraisings. Thomas Granger has relocated to Hong Kong.

Practice head(s):

John Rogers

Other key lawyers:

Shirleen Tan; Laura Rogers; Robert Foote; Richard Siddle; James Twigg; Huiting Koey; Michael Kenny

Testimonials

‘This team knows what international clients want in Asian markets and they always deliver. They are my go-to for all offshore work. Their style is collaborative and working with them is as close as it gets to working with one of our own local offices.’

‘Walkers has the strongest offshore practice in Singapore and we work with them very frequently.’

‘John Rogers and Richard Siddle are unmatched in the market. They are both outstanding technical lawyers and easy to work with. Richard is always happy to do the heavy lifting on complex issues.’

‘Richard Siddle and Koay Huiting are very good in their work. Commercial, responsive and always delivers top-notch service.’

‘James Twigg: strong communication skills with extremely rapid response time without compromising attention to detail, very clear and concise substantive analysis and commercially minded mindset, transparent and fair billing practices that put clients first.’

‘Shirleen Tan, from the Singapore office, was an absolute stand-out with her amazing response time as well as her client management skills. Her mannerism is able to quell the anxiety of any client.’

‘Robert Foote is the lawyer I would go to for offshore advice and representation. He is extremely knowledgeable and as mentioned above, very accessible and a pleasure to deal with. His team has also grown through the years which is a clear reflection of the success of his practice.’

‘We have worked with Laura Rogers on some of the more complex fund work in the Asian market. Laura’s deep knowledge of the Asian market and her consistent delivery coupled with her ability to identify the critical legal and commercial issues and breaking down these issues in an easy to understand fashion is a talent which sets her apart from rivals in the Asian market. Her understanding of the market makes Laura the go-to person for funds work (Offshore) in Asia.’

Key clients

Bank of China Limited

China CITIC Bank International Limited

Credit Suisse AG

Deutsche Bank AG

GLP Pte. Ltd.

National Australia Bank Limited

Standard Chartered Bank

Sumitomo Mitsui Banking Corporation

United Overseas Bank Limited

Warburg Pincus Asia LLC

Work highlights

  • Acted as British Virgin Islands counsel to Indonesia-based Indofood CBP in its $3bn acquisition of Pinehill Company Ltd. from Pinehill Corpora and Steele Lake.
  • Acted as Cayman Islands counsel to Southeast Asia’s leading property technology company PropertyGuru Pte. Ltd. in its merger with NASDAQ-listed Bridgetown 2 Holdings Limited, a special purpose acquisition company (SPAC) formed by Pacific Century Group and Thiel Capital LLC.
  • Acted as Cayman Islands counsel to aircraft lessor and asset manager Crianza Aviation Limited in the sale and lease-back of two Boeing 787-10 and one Airbus A350-900 aircraft with Singapore Airlines.

Conyers

Conyers has a longstanding presence in Singapore. The team covers Bermuda, BVI and Cayman Islands law with a focus on corporate transactions and funds work. Office head Preetha Pillai has an excellent record in big-ticket M&A and capital markets offerings, most notably in the tech sector. Janice Oh provides further senior-level funds, capital markets and corporate transactional expertise.

Practice head(s):

Preetha Pillai

Other key lawyers:

Janice Oh

Forbes Hare

Forbes Hare covers BVI and Cayman Islands entities and structures, with a particularly strong record in BVI matters. The Singapore team has a major focus on corporate insolvency, commercial litigation, fund disputes and trust litigation. Investment funds and corporate work are also core features of the Singapore practice, which also benefits from the launch of a Hong Kong office in 2021. Sam Robertson is an established name in insolvency and disputes and Catherine Ross is an experienced figure in investment funds work, along with corporate transactions.

Practice head(s):

Sam Robertson; Catherine Ross

Other key lawyers:

Michael Pringle

Testimonials

‘The team at Forbes Hare are nothing short of fantastic. With a keen eye for detail, they are able to efficiently process information and provide sound strategic direction. Their deep knowledge of the intricacies of the offshore jurisdictions is par excellence. ’

‘Efficient, practical and effective. Know what a client wants and needs.’

‘A seamless team that doesn’t give you the runaround.’

‘Catherine Ross is excellent – efficient, discreet and effective. Always gives practical advice and has a good sense of the appropriate level of work that any matter needs.’

‘Sam Robertson is my go-to guy – easy to work with, smart and always takes the initiative.’

‘The always affable Sam Robertson is a delight to work with. Extremely responsive with a sharp mind, Sam is always ready to address the needs of clients and instructing counsel.’

‘Sam Robertson – he’s sharp and brilliant. Able to grasp and break down the most complicated matters and communicate solutions clearly. Extremely elegant in his handling of the brief.’

‘The Singapore practice works seamlessly with the HK practice, and the offshore jurisdictions to provide a 24-hour service.’

Key clients

Mitsuji Konoshita

Veloqx Group

PricewaterhouseCoopers

Deloitte & Touche LLP

Hector Finance Group Limited

Global Water Associates, Limited

Woodstock, Inc

Eleuthera Group Pty Ltd

Ace Global Business Acquisition Limited

Goldenbridge Acquisition Limited

Work highlights

  • Advising Mr Konoshita and APF Group Co Ltd against litigation-based hostile takeover plans.
  • Acting as British Virgin Islands Counsel to Deloitte & Touche LLP, Singapore in relation to judicial manager appointments by the Singapore High Court, assisting with the realisation of assets of the group for the benefit of creditors.
  • Advising PricewaterhouseCoopers in the capacity as liquidators of Ample Source International Limited in relation to realising the value of assets, including both public and private equities, and potential causes of action.

Harney Westwood & Riegels Singapore LLP

Harney Westwood & Riegels Singapore LLP has diverse expertise across various offshore entities and structures. Its focus is on transactions and fund formation, along with dispute resolution, insolvency and restructuring. The Singapore team works especially closely with colleagues in Hong Kong and Shanghai. Singapore managing partner Lishi Fong is particularly noted for banking and finance transactions, including acquisition finance and trade finance, along with funds formation and corporate transactions. Nicola Roberts is an experienced figure in disputes resolution, and insolvency and restructuring.

Practice head(s):

Lishi Fong

Other key lawyers:

Richard Griffiths; Jayesh Chatlani; Nicola Roberts

Testimonials

‘Full service, flexible billing and really collaborative in approach.’

‘The team at Harneys Singapore is progressive, reliable and responsive. They know what they are doing and are extremely professional and client-oriented in their approach. They also offer a lot of flexibility in their fee structure which makes them quite competitive compared to other off-shore firms in Singapore.’

‘They are technically and commercially sound and work well with local counsel.’

‘Lishi Fong is capable and very driven. As Harney’s is a bit of a late-comer to the market, Lishi is hungry for work and keen to figure out how they can work together to deliver the best possible product to the client at a sensible cost level.’

‘Lishi Fong is outstanding. She is astute in her advice to clients. ’

‘Lishi Fong is very driven, super-responsive and highly competent. Her product delivery is always consistently top-notch and she goes the extra mile for every engagement, regardless of deal size. Always a joy to work with her as our off-shore counsel.’

‘The Singapore office is headed by Lishi Fong, who brings extensive banking and finance experience to transactions.’

‘Lishi Fong is responsive to clients and knuckles down to do the work despite her seniority. She is able to provide reassurance to clients that their interests are being looked after well.’

Key clients

Allen & Gledhill LLP

Antanium

Alyco Global

Bank of Singapore

Beyond Frontier Limited

Binance

BNP Paribas

CMB Wing Lung Bank Limited

Cresent Point

DBS Bank Ltd

Engie

Golden Equator Capital Pte. Ltd.

JTrust Asia Pte Ltd

King & Wood Mallesons

Milbank

Norton Rose Fulbright (Asia) LLP

Stephenson Harwood

TAPL Investments Limited

TMF

Tricor

Triterras Fintech Pte Ltd

United Overseas Bank

Wongpartnership LLP

Work highlights

  • Acted as Cayman Islands counsel to Singapore-headquartered Triterras Fintech on its merger with NASDAQ-listed company, Netfin Acquisition Corp (Netfin), a special purpose acquisition company targeting businesses in the fintech industry.
  • Advised the mandated lead arrangers and lenders on a $195m Sinosure-backed financing to Ha Noi Thien Y Environmental Energy Joint Stock Company, a Vietnamese joint venture between China Tianying Inc. and Urbaser S.A. to develop a 75MW Waste-to-Energy Plant in Hanoi, Vietnam.
  • Acted as lead counsel for JTA, the international investment arm of JTrust Group, in relation to proceedings in Japan, Singapore, Thailand, Cambodia, Luxembourg, Brazil, Hong Kong, Switzerland and Sri Lanka.

Maples Group

Maples Group has a strong presence in Asia with much of its team based in Hong Kong, though with several members splitting their time between Hong Kong and Singapore. The two offices frequently work together on finance, corporate and funds engagements. Michael Gagie is Asia regional managing partner, Asia head of finance, and global head of the BVI practice; he has a principal focus on banking, structured finance, fund financing, corporate and downstream private equity work. Asia head of corporate Matt Roberts splits his time between Hong Kong and Singapore. Former investment funds partner Tom Katsaros has left the firm.

Practice head(s):

Michael Gagie

Other key lawyers:

Matt Roberts