Stephen McWilliams > Latham & Watkins LLP > Singapore, Singapore > Lawyer Profile

Latham & Watkins LLP

Lawyer Rankings

Singapore > Projects: foreign firms

Latham & Watkins LLP has consistently impressed in big-ticket power project financings. It is a major player in Indonesia and has gained further traction in other key jurisdictions including the Philippines, Vietnam, Myanmar and Laos. Stephen McWilliams splits his time between Singapore and Japan, where he is now managing partner of the Tokyo office. Andrew Roche is another big name with a close association with Asian Development Bank. Clarinda Tjia-Dharmadi is prominent in Indonesia project financings, particularly in the power sector.

Singapore > Energy: foreign firms

Latham & Watkins LLP is a major player in big-ticket energy sector financings. Though best known for its record in Indonesia it has an impressive pipeline of engagements from around South East Asia. Stephen McWilliams is now Tokyo managing partner, but splits his time between Singapore and the Tokyo office. Clarinda Tjia-Dharmadi is recommended for Indonesia power sector project financings.

Singapore > Banking and finance: foreign firms

Latham & Watkins LLP is noted for syndicated loans, acquisition and leveraged finance, along with hybrid products involving capital markets issuances. The team advises a range of international and Asian lenders, private equity sponsors and corporate borrowers, most notably in Indonesia. Timothy Hia has extensive regional experience and is rated for his banking and capital markets record and ‘is a good guy to work with‘. Clarinda Tjia-Dharmadi is recommended for project financings, particularly in Indonesia. Project finance partner Stephen McWilliams has become Tokyo office managing partner.

Philippines > Foreign firms

Latham & Watkins LLP excels in project finance and is often instructed in major energy and infrastructure projects taking place in the Philippines. Recently, this included representing Meralco PowerGen Corp as lead sponsor in the project financing for the development of the 1,200MW coal-fired power project in Atimonan, Quezon. The team – which is spread across Singapore, Hong Kong and Tokyo – also has strong capital markets and corporate and M&A practices, and acts for a diverse client base. In a major highlight, Michael Yoshii, Benjamin Carale and Stephen McWilliams advised San Miguel Corporation and its subsidiary SMC Global Power Holdings on the acquisition of Singapore-based power generation company Masin-AES; the sale included two 315MW Masinloc coal-fired power plants, a 335MW Masinloc power turbine coal-fired power plant under construction and a 10MW Masinloc energy storage project.

Japan > Banking and finance: International firms and joint ventures

Latham & Watkins Gaikokuho Joint Enterprise‘s project finance offering specialises in the energy sector. New managing partner Stephen McWilliams is the key name to note in the Tokyo office; he is currently advising the lenders in the financing for the development of the Convalt greenfield solar power project in Mandalay, Myanmar. Richard Chul Kim and counsel Richard Fleming are also noteworthy. Joseph Bevash was made managing partner of the Hong Kong office and Michael Yoshii is now primarily based in Singapore.

Japan > Projects and energy: International firms and joint ventures

The project development and finance group at Latham & Watkins Gaikokuho Joint Enterprise acted on several market-leading mandates including the Rantau Dedap Geothermal Power Project in Indonesia, one of the pioneer new generation geothermal projects being undertaken under the country’s Fast Track 2 programme. Under the joint leadership of Stephen McWilliams – who was named Tokyo office manager and now shares his time between Singapore and Japan’s capital – and Seoul office manager Joseph Bevash, the team represents lenders, sponsor,s and energy companies in their transactional needs. Also notable are counsels Richard Chul Kim and Richard Fleming, and Singapore-based partner Michael Yoshii.