Firm Profile > Latham & Watkins LLP > Singapore, Singapore

Latham & Watkins LLP
9 RAFFLES PLACE
#42-02 REPUBLIC PLAZA
SINGAPORE 048619
Singapore

Capital markets: equity and debt: foreign firms Tier 1

Latham & Watkins LLP's team has a fine record in Singapore, India, the Philippines, and Indonesia, and is a growing force in Vietnam. The Singapore team has a particularly fine reputation for Singapore, India, and US IPOs.  Sharon Lau is the vice-chair of the firm's global corporate department and a leading figure in Singapore and regional securities offerings. Rajiv Gupta leads the India practice, while Timothy Hia is noted for debt issuances across the region. Michael Sturrock is Asia managing partner and has a strong background in capital markets. Min Yee Ng is recommended for Indonesia deals.

Practice head(s):

Testimonials

‘Latham’s capital markets team has a very strong technical grasp of US securities law, together with local market practice. It is probably the one firm (or one of very few) that are strong in both respects.

‘I feel very secure in knowing that the advice we receive on a particular topic does not compromise on the quality of the legal analysis in favour of a commercial outcome, but still provides an actionable proposal.’

‘Sharon Lau and Rajiv Gupta are both stand-out partners in the practice. They both cut through to the core of any issue, provide technically sound advice based on their US securities background plus long history in the local markets, and ultimately help arrive at a workable solution.’

Key clients

Asset World Corp. Public Company

Adani Green Energy (UP)

PT Pertamina

Citigroup Global Markets

Bangkok Commercial Asset Management Public Company

Temasek Holdings

PT Tower Bersama Infrastructure

Kasikornbank

BPI Capital Corporation

Credit Suisse

DBS Bank

Standard Chartered Bank

Melco Resorts Finance

SBI Cards and Payment Services

San Miguel Corporation / SMC Global Power Holdings Corp.

Morgan Stanley

JP Morgan

BNP Paribas

Citigroup Global Markets India Private

Projects: foreign firms Tier 1

Latham & Watkins LLP is known for its work on the financing and refinancing of projects, as well as advising on commercial contracts for their development. The team’s work focuses on the energy and mining sectors, and the firm is active on many of the largest oil and gas projects in the region. Practice head Stephen McWilliams splits his time between Singapore and Tokyo; the practice frequently works alongside Latham’s offices around the region, reflecting the regional scope of its work. Clarinda Tjia-Dharmadi leads on Indonesian work.

Practice head(s):

Other key lawyers:

Key clients

Asian Development Bank (ADB)

INPEX Corporation

Japan Bank for International Cooperation (JBIC)

Marubeni Corporation

Mizuho Bank

Nippon Export and Investment Insurance (NEXI)

Pengerang Energy Complex Sdn Bhd

PT Pertamina (Persero)

PT Pertamina EP Cepu

Tokyo Gas

Banking and finance: foreign firms Tier 2

Latham & Watkins LLP has an outstanding record in leveraged finance, acquisition financings, and bank-bond financings. It advised San Miguel on a term loan facility in connection with its subsidiary First Stronghold Cement Industries' acquisition of Holcim Philippines. The Singapore team also advises a number of private equity houses on acquisition finance facilities for their portfolio companies. Other clients include a range of international banks and corporate borrowers. Timothy Hia now chairs the Asia-wide finance practice.

Practice head(s):

Key clients

San Miguel Corporation

TPG Capital

Warburg Pincus

OCP Asia

PT Energi Mega Persada

Goldman Sachs

MyRepublic Group

EMP Bentu

Corbin Capital Partnersw

Deutsche Bank

Corporate and M&A: foreign firms Tier 2

Latham & Watkins LLP has undergone significant expansion in recent years. Mark Cooper is the latest to expand the partner ranks following his move from Hogan Lovells Lee & Lee in April 2020. The Singapore office has successfully leveraged the firm’s outstanding global reputation in private equity, now representing the likes of Silver Lake Partners, TPG Capital, and others. It has also attracted an impressive list of big-name local and regional clients. Michael Sturrock and Sharon Lau are senior names in the market, along with Singapore-qualified partner Farhana SharmeenMarcus Lee is an emerging talent. The team further expanded with the hire of James Clayton-Payne and Sidharth Bhasin from Shearman & Sterling LLP in August 2021.

Key clients

8×8

China Investment Corporation

Citi Ventures

Fullerton Healthcare

Hong Leong Malaysia

MakeMyTrip

Pioneer Generation Company

Ruangguru

San Miguel Corporation

SGX

Silver Lake Partners

Tencent Holdings

Total

TPG Capital

Traveloka

Vinhomes

Energy: foreign firms Tier 2

Latham & Watkins LLP advises on the financing and development of energy projects across Asia, and also handles commercial matters related to energy such as sale and purchase agreements. Additionally, the practice advises on M&A transactions involving energy assets and companies. The team is led by Stephen McWilliams, who splits his time between Singapore and Tokyo, and Clarinda Tjia-Dharmadi. McWilliams has experience in handling energy work throughout Asia, while Tji-Dharmadi is valued by clients for her knowledge of the oil, gas, and power sectors.

Key clients

PT Pertamina (Persero)

PT Pertamina EP Cepu

Summit Power International Limited

Pioneer Generation Company Pte. Ltd.

TOTAL S.A.

PT Energi Mega Persada Tbk

OCP Asia

EMP Bentu Limited

Air Products & Chemicals

Vietnam > Foreign desks Tier 1

Latham & Watkins LLP has strength in high-value corporate transactions for large Vietnamese-owned companies and foreign investors. Hong Kong-based Amy Beckingham advises on multi-million-dollar investments and joint venture matters as well as private equity IPO exits, whilst Sharon Lau in Singapore who serves at the firm's global chair of corporate, handles international deals.

Key clients

Vingroup, Vinhomes Joint Stock Company, Vincommerce, Vincom Retail

Vietnam Technological and Commercial Joint Stock Bank (Techcombank)

Warburg Pincus

HLT Healthcare

Lodgis Hospitality Holdings Pte. Ltd.

BW Industrial Development Joint Stock Company (BWID)

Instant Holdings SG Pte. Ltd.

Innovative Diagnostics Private Limited

Quantum Diagnostics Sdn. Bhd.

KEXIM (The Export-Import Bank of Korea)

K-sure (Korea Trade Insurance Corporation)

India > Foreign firms Tier 2

Showcasing a significant track record in high profile M&A  involving India, Latham & Watkins LLP advises on cross-border and domestic financing transactions as well as outbound and inbound investments. Capital markets is at the core of the practice which has the capability to assist with the full gamut of equity and debt deals, having been involved in a number of US IPOs out of India over the last decade. Department Chair Rajiv Gupta is adept at advising on spin-offs, M&A, restructuring and High Yield Bond offerings. Michael Sturrock possesses an impressive transactional portfolio in India, namely in important capital raising and M&A matters. Both practitioners are based in Singapore. Another seasoned capital markets lawyer is Louis Rabinowitz in Hong Kong. The team welcomed Sidharth Bhasin who joined its Singapore office in August 2o21.

Practice head(s):

Testimonials

‘Latham has one of the marquee India practices for all foreign firms acting in India related deals. Both in capital markets and M&A/ private equity, they continue to act on most of the headline deals.’

‘As head of the India practise, Rajiv Gupta continues to be the forefront of most of the large capital markets and M&A deals for Latham. He is the most experienced and knowledgeable US securities law attorney active on India deals, and has also worked on almost all the US IPOs out of India for the last 12 years. He is someone who looks for solutions and therefore is also engaged in complex or large transactions.’

‘Very strong capital markets and M&A practises which acts for blue chip clients. Extremely active in the internet and the tech space as well. Strong India presence in both M&A and capital markets.’

‘Key individuals are Justin Hamill (M&A-NYC) and Rajiv Gupta (Capital Markets-Singapore); both are exceptional lawyers who are very hands on and subject area experts.’

Key clients

MakeMyTrip Limited

SPI Global Holdings Inc.

Lindsay Goldberg LLC

Total SA

Varian Medical Systems

Apotex Inc.

Citi Ventures

Adani Green

Bank of America Merrill Lynch

Barclays

Citigroup Global Markets India Private Limited

Future Retail Limited

JPMorgan

Morgan Stanley Southeast Asia

ReNew Power Private Limited

SBI Cards and Payment Services Limited

Sterling and Wilson Solar Limited

Indonesia > Foreign firms Tier 3

Latham & Watkins LLP operate primarily within Indonesia’s energy and infrastructure sector, advising on major financings, bond issuances, and corporate deals. Sharon Lau sits as Vice-Chair of the firm’s Global Corporate Department and is highly experienced in capital markets deals. Clarinda Tjia-Dharmadi is co-chair of the firm’s Power Industry Group and has a strong track record in advising on fossil fuel-related energy deals.

Testimonials

‘Commercial, responsive.’

‘Fantastic knowledge, experience, and professionalism.’

‘Sharon’s team in Latham & Watkins has consistently delivered amazing results. They have both the commercial mind and the attention to detail combined, where other firms have only one or the other. Their dedication to the work and swift turnaround time is also impressive.’

‘Sharon Lau is brilliant. She is able to capture complex commercial terms swiftly and translate it into a legal structure that can be stress-tested with scrutiny from multiple stakeholders. Tommy Tan is also excellent support for Sharon’s team as he has attention to detail down to a science.’

Key clients

PT Pertamina (Persero)

PT Tower Bersama Infrastructure Tbk

Morgan Stanley, Danareksa Sekuritas and BNP Paribas

EMP Bentu Limited

OCP Asia

PT Energi Mega Persada Tbk

TPG Capital

MyRepublic Group Limited

OL Master (Singapore Fund 1) Pte Ltd

HLT Healthcare Holdings Limited

Ruangguru Pte. Ltd.

Trinugraha Capital & Co SCA; TPG Capital (S) Pte Ltd.; Northstar Group

Traveloka Holdings Limited

PT Pertamina EP Cepu

Air Products & Chemicals

Malaysia > Foreign firms Tier 3

Alongside its work in capital markets and M&A, the team at Latham & Watkins LLP handles private equity, bank finance, project development and, in particular, Islamic finance structures. Specifically, it applies its expertise to both structure documents as well as negotiating the key terms of sukuk, murabaha, modaraba, ijara, wakala, musharaka, salam and istisna utilities. Clients are drawn from industries such as healthcare, technology, renewable energy, oil and gas, telecoms and real estate. A recent highlight concerns its representation of Pengerang Energy Complex Sdn Bhd, a matter in which it advised on the financing of an aromatics complex to be located in Pengerang, Johor. The team, which is led by Sharon Lau, now includes Mark Cooper, formerly of Hogan Lovells Lee & Lee.

Practice head(s):

Other key lawyers:

Key clients

TPG Capital

Hong Leong Malaysia

Instant Holdings SG Pte. Ltd.

Pengerang Energy Complex Sdn Bhd.

Varian Medical Systems, Inc.

Agenda Pantas Sdn. Bhd.

The firm: Latham & Watkins is a leading international law firm serving multinational companies, start-ups, investment banks, private equity funds, venture capital firms, sovereign wealth funds, governments and other organisations. The firm’s globally integrated platform spans Asia, Europe, the Middle East and the US, and consists of internationally recognised practices across a wide spectrum of transactional, litigation, corporate and regulatory areas. Latham attorneys offer unrivalled legal resources and strategic commercial thinking to provide clients with innovative solutions to complex commercial matters.

Asia practice: Businesses and investors seeking innovative solutions to their most complex corporate, financial, regulatory and litigation challenges turn to Latham in Asia for strategic thinking and experienced counsel. Latham has extensive experience advising on the international aspects of a broad range of corporate and finance transactions for clients across the region, notably Australia, China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. With more than 150 lawyers operating from six offices in Asia, Latham provides clients in the region and clients looking to do business in Asia with expert advice under US, English, Hong Kong, Japanese and Singapore law. Latham’s deep roots in the financial and economic markets in the region are further strengthened by the firm’s local language capabilities.

Latham continues to receive awards and acclaim from a number of leading financial and legal publications for landmark and precedent-setting deals.

Areas of practice: The firm’s Asia practice has received considerable market recognition for its involvement in many of the most important single-country and in-region, inbound and outbound cross-border transactions. The team has extensive expertise across numerous practices, including: project development and finance (particularly in the areas of infrastructure, energy and natural resources); banking and acquisition finance; M&A; private equity; restructurings; privatisations; debt and equity capital markets; general company representation; foreign direct investment; commercial litigation and arbitration (with a particular focus on contentious insolvencies, securities and shareholder disputes); white-collar and government investigations; antitrust and competition; and technology, media and commercial transactions.

Latham is one of few international law firms able to provide clients with integrated US, English and local law advice in Singapore. The Singapore team specialises in a range of practice areas, including: capital markets, M&A, joint ventures, private equity, banking and acquisition finance, restructuring, project development and finance (with a particular focus on power and oil and gas projects) and technology, media and commercial transactions.

The Singapore office acts as the hub for the firm’s market-leading Indonesia practice, which has been involved in many of the most important project development and finance, M&A, restructurings, privatisations, and corporate finance transactions in Indonesia in recent years. Singapore is also home to the firm’s renowned India practice, which comprises more than 50 attorneys globally and advises on the country’s most significant capital markets and M&A transactions, as well as bank finance, project finance, restructuring and outsourcing.

Department Name Email Telephone
Banking, leveraged and structured finance
Capital markets
Corporate and M&A
Data privacy and cyber security
Energy
Financial regulatory
Fintech
Foreign investment
International dispute resolution
Outsourcing
Technology transactions
TMT
M&A
Private equity
Project development and finance
Public company representation
Restructuring, insolvency and workouts
Number of lawyers : more than 2,400
in Asia : 120+
Bahasa Indonesia
Cantonese
Chiuchow
French
Gujarati
Hakka dialect
Hindi
Japanese
Korean
Malay
Mandarin
Russian
Shanghainese
Spanish
Tamil