Morrison Foerster (Singapore) > Singapore, Singapore > Firm Profile

Morrison Foerster (Singapore)
50 COLLYER QUAY
#12-01 OUE BAYFRONT
SINGAPORE 049321
Singapore

Singapore > White-collar crime - Foreign firms Tier 1

Morrison Foerster (Singapore) garners praise by clients for its ‘strong capabilities to support complex cross-border regulatory matters or white-collar compliance investigations’. The practice acts in conjunction with colleagues in the US, Japan and worldwide; as a result, it is well equipped to handle multi-agency cross-border investigations, often in the financial services, energy and technology sectors. The team’s work is varied and includes acting as general compliance counsel, as well as advising global companies and their subsidiaries on allegations of fraud, money laundering, bribery and corruption, and anti-competitive conduct, among others. Singled out for his ‘excellent calibrated judgment’, Daniel Levison sits at the helm of the practice. Associate Sheryl Janet George is also recommended.

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Testimonials

‘Commitment to getting to the right result; excellent business acumen; very diverse team in terms of cultural backgrounds and experience across the board.’

‘Strong global capability and deep knowledge of best practices.’

‘Mofo’s team has deep experience across the region and strong capabilities to support complex cross-border regulatory matters or white-collar compliance investigations. Their approach is client-focused and flexible and I have been particularly pleased with their approach to staffing which focuses on expertise while being mindful of cost. The team has done an excellent job with e-discovery, document review and forensic support generally including managing complex logistics during a pandemic.’

‘Daniel Levison provides a very good helicopter view and long experience in our emerging market, which means that he has the right intuition and can exercise excellent calibrated judgement.’

‘Sheryl Janet George is our go-to person for compliance and investigative work across our platforms in Asia, Africa and the Middle East. Highly committed and energetic person, with in-depth understanding of how compliance and integrity issues may affect our investment fund/alternative asset management business. Insightful and original analysis.’

‘Daniel Levison is extremely knowledgeable and easy to work with.’

‘Daniel Levison’s deep knowledge of the region and his collaborative approach with clients and local counsel stand out as exemplary. When it comes to regulatory investigations, or managing local counsel, Dan always ensures that quality is taken care of and that the right eyes are looking at the advice regardless of where they are located.’

Singapore > Corporate and M&A: foreign firms Tier 2

Morrison Foerster (Singapore) is particularly active in the logistics and real estate sectors, handling a variety of M&A, private equity and joint venture transactions. The practice is also developing a prominent position with the developing M&A insurance, SPAC and de-SPAC transaction fields and continues to expand its venture capital expertise in the areas of e-commerce, digital financial services, life sciences, fintech and cryptocurrencies, among others. Practice head Shirin Tang brings over 20 years of experience to high-stake transactions and is often engaged on matters which include Southeast Asia, China or the US. The team includes Lip Kian Ang who, in addition to his transactional work, is a specialist in general corporate, regulatory and compliance affairs.

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Testimonials

‘The team has unparalleled expertise in our specialty area (W&I insurance for M&A transactions), largely driven by 10+ years of experience from special counsel Maria Steeples. The team is standout in terms of commerciality, responsiveness and collaboration.’

‘Maria Steeples, special counsel, is the go-to legal advisor of choice for underwriting M&A deals – not only by our team, but by our competitors as well. Maria has over 10+ years of experience in our product and across M&A deals in so many Asia jurisdictions. She is very commercial, always responsive, and goes above and beyond to deliver exceptional service and tailored advice.’

‘Excellent team, with top notch technical skills and client responsiveness.’

‘Ang Lip Kian – excellent and friendly. Very user friendly.’

 

Key clients

A leading institutional investor

Beam Mobility Holdings Pte. Ltd

GLP Pte. Ltd.

Work highlights

  • Advising a leading institutional investor, as a long-time investor in Grab Holdings, Inc. (Grab), in connection with Grab’s proposed merger with special purpose acquisition company Altimeter Growth Corp. The transaction values Grab at US$39.6bn and is expected to be the largest-ever U.S. equity offering by a Southeast Asian company.
  • Advised Beam Mobility Holdings Pte. Ltd., a Singapore-headquartered micro mobility firm that offers shared e-scooters, on its US$26m Series A financing from Sequoia Capital India, Hana Ventures and other investors. Beam provides electronic scooter rental services in urban cities and is the leading micro-mobility company in the Asia Pacific.
  • Advised GLP Pte. Ltd. on the establishment of its US$675m GLP China Value-Add Venture III, a China real estate venture. GLP CVA III will invest in modern logistics assets in GLP Park Lingang in Shanghai.

Singapore > Insurance: foreign firms Tier 2

The team at Morrison Foerster (Singapore) has developed a strong reputation for insurance sector M&A transactions across Asia, alongside expertise in warranty and indemnity, and transactional risk insurance; areas of expertise for Maria Steeples. Heading the department is corporate transactional lawyer Shirin Tang.

Practice head(s):

Shirin Tang

Other key lawyers:

Craig Celniker; Maria Steeples; Mark Tay

Testimonials

‘The team has unparalleled expertise in our specialty area (warranty and indemnity insurance), largely driven by 10+ years of experience from special counsel Maria Steeples. The team is standout in terms of commerciality, responsiveness and collaboration. ’

‘Maria Steeples, special counsel, is the go-to legal advisor of choice for warranty and indemnity insurance – not only by our team, but by our competitors as well. Maria has over 10+ years of experience in our product and across M&A deals in so many Asia jurisdictions. She is very commercial, always responsive, and goes above and beyond to deliver exceptional service and tailored advice.’

‘For the past several years, we have been working with MoFo team upon underwriting warranty and indemnity insurance for M&A deals in APAC whose targets are domiciled in jurisdictions such as Singapore, Malaysia, Japan, Korea, PRC etc. We are grateful to their very professional approach and deep understanding to what insurers would require upon W&I insurance underwriting. This is not quite the same as what buyers or sellers would expect from their legal advisors. ’

‘Maria Steeples. I would not hesitate to describe her as an outstanding superstar in this area. Her detailed analysis and sound judgment serve as essential guidance at each step in the insurance underwriting process. We also appreciate her very friendly character. ’

‘We work with MoFo in vetting W&I insurance for Indonesian acquisitions. Maria Steeples is the MoFo team.’

‘Maria Steeples is based in Singapore and understands the jurisdictions like Indonesia which make up Southeast Asia. She can do W&I insurance like no one else in the region. She lives and breathes the clauses that are to be negotiated, and she knows how to target the required supporting due diligence so that it is kept efficient. ’

Key clients

AIG Asia Pacific Insurance Pte Ltd

AIG General Insurance Co., Ltd

AIG Insurance Hong Kong Limited

AIG Korea Inc.

AIG Insurance Company China Limited

Beazley Furlonge Limited

Chubb Asia Pacific Pte. Ltd.

Berkshire Hathaway Speciality Insurance

Liberty Global Transaction Solutions

Fusion Speciality Insurance Pty Ltd

Brockwell Capital Limited

Singapore > Banking and finance: foreign firms Tier 3

Morrison Foerster (Singapore)'s finance and projects group provides transactional and regulatory advice to multi-national lenders and borrowers. The group has expertise in acquisition, private equity and real estate finance, and is able to collaborate with the firm's technology transactions group for sector-specific deals across Asia. Yemi Tépé leads the team and is a member of the firm's global finance committee. Hong Cheong Wong has experience in transactions conducted under Singapore, Hong Kong, English and New York law, and with a fluency in Mandarin, is often called upon in deals emanating from China.

Practice head(s):

Yemi Tépé

Other key lawyers:

Testimonials

‘The team is exceptionally responsive to client demands, and persistent in negotiations. Yemi Tépé and Hong Cheong Wong provide very commercial advice which allows us to move deals along at pace.’

‘Specific knowledge about buy-out finance, Experience of the deals in both Japanese and global market’

‘Experienced and incredibly thoughtful team. Unparalleled responsiveness to our needs, always a step ahead of us in terms of what to anticipate. Makes my life easier.’

‘Yemi Tépé is a great lawyer, trusted adviser and person. She brings great experience and expertise, but more importantly she really understands our needs and goes the extra mile.’

The team is exceptionally responsive to client demands, and persistent in negotiations. Yemi Tépé and Hong Cheong Wong provide very commercial advice which allows us to move deals along at pace.’

Depth of coverage and knowledge throughout Asia abs ability to execute on on various complex transaction structures.’

Availability around the clock and ability to execute on quick turnarounds.’

 

Key clients

GLP

Work highlights

  • Advised GLP on its US$658m sustainability-linked loan, which is GLP’s first SLL and one of the largest SLLs in the Asia Pacific region.

Singapore > Investment funds: foreign firms Tier 3

Morrison Foerster (Singapore) gained considerable market share in the investment funds field since Jason Nelms transferred to the Singapore office from Hong Kong in 2019. Linking up with private equity real estate expert Shirin Tang, the team has landed a series of major clients and engagements in the private equity, real estate and venture capital segments. More recently, it has experienced further growth in instructions from logistics and data centre-focused funds but remains best known for private equity real estate funds. The group represents a variety of international and Singapore-based GPs and LPs.

Practice head(s):

Jason Nelms; Shirin Tang; Lip Kian Ang; Paul Davis

Testimonials

‘Team is excellent. Tonnes of past experience that the client can leverage.’

‘Client service is exceptional, professional, accurate and timely with strong commercial acumen. As a client, I feel my time is valued by just simply focusing on the key issues and resting the details for them to handle. Moreover, they would initiate to offer professional training and update which are value adding (such as SPAC update and development).’

‘The group is commercial-minded and practical. They are always responsive at any hour of the day and move quickly to meet difficult deadlines.’

‘Strong communication skills with extremely rapid response time without compromising attention to detail.’

Jason Nelms – he has a range of expertise in various fund mandates with actionable advice and clear prioritisation for the key issues in complex situations. He is not only interpreting regulations, but he is also commercially savvy.’

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

‘MoFo has a strong reputation for fund formation work in Asia, as well as in the types of technology-focused portfolio investments we often look at. Jason Nelms and his team, in particular, are as experienced as anyone in Asia, and always work through projects quickly and efficiently with us.’

‘Jason Nelms has been our lead contact. He is very commercial-minded and focused on solving issues quickly. He has been proactive in identifying areas for us to focus on and helping to steer the transaction to a successful closing. He is great at balancing the commercial and legal issues.’

Key clients

GLP Pte Ltd

Savills Investment Management

East Ventures

E15 VC

European Climate Foundation

Ibaera Capital Advisers Pty Ltd.

Taurus Funds Management

Touchstone Capital Partners

Vectr Ventures Ltd

Work highlights

  • Advised GLP Pte. Ltd. on the formation of Japan’s largest private open-ended logistics real estate income fund (JIF).
  • Advised Savills Investment Management on the formation of Savills Investment Management Japan Residential Fund II, LP.
  • Advised European Climate Foundation, an international non-profit organization focused on the promotion of climate and energy policies to mitigate climate change, on its lead LP investment in Southeast Asia Clean Energy Facility, LP.

Singapore > TMT: foreign firms Tier 3

Morrison Foerster (Singapore)‘s offering is structured around the firm’s core strengths in financial services and complex technology investment transactions; the team is well placed to leverage its global network in order to connect companies and capital sources in the TMT sector. Corporates which have identified the development of proprietary technology solutions as a strategic priority, and notable investors which view emerging technology companies as a key driver for growth form the core of the client roster. Managing partner Shirin Tang is a key contact, as are Lip Kian Ang and Jason Nelms.

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Key clients

A leading institutional investor, as a long-time investor in Grab Holdings

Beam Mobility Holdings Pte. Ltd

Touchstone Capital Partners

Vectr Fintech Partners

Work highlights

  • Advising a leading institutional investor, as a long-time investor in Grab Holdings, on Grab’s proposed merger with special purpose acquisition company Altimeter Growth – the transaction values Grab at $39.6bn.
  • Advised Beam Mobility Holdings, a Singapore-headquartered micro mobility firm that offers shared e-scooters, on its $26m Series A financing from Sequoia Capital India, Hana Ventures and other investors.
  • Advised Touchstone Capital Partners on the formation of its first venture capital fund focused on investing in start-ups in Vietnam’s fast-growing technology sector.

Singapore > Energy: foreign firms Tier 4

Morrison Foerster (Singapore)‘s team has a background in LNG and renewables projects. The group works closely with colleagues in Tokyo, acting for a number of Japanese trading houses and utilities in projects across Asia Pacific; solar power projects in the region and beyond have been a feature of the practice. The Singapore team is also active in tech-driven renewables deals, leveraging the firm’s California heritage. Tessa Davis has a background in the LNG sector, though is increasingly active in renewables, while counsel Per Lindberg is also experienced in LNG, power and renewables transactions. Jon Ornolfsson is now primarily based in Tokyo, though works closely with the Singapore team, having spent many years in the jurisdiction.

Practice head(s):

Tessa Davis

Other key lawyers:

Testimonials

‘In-depth knowledge and expertise of the Japan M&A and PF market – Ability to understand clients’ needs very well hence reducing the overall workload and optimising billable hours charge for their client – Top notch work quality provided even by associates that can step in and support partners adequately.’

‘Understands clients’ needs very well – Availability – Great work quality.’

Key clients

Tokyo Gas Co., Ltd.

European Climate Foundation

Taurus Funds Management

Ibaera Capital Advisers

Work highlights

  • Represented Tokyo Gas in its investment in two wind projects and four solar photovoltaic projects located in Mexico, with an aggregate generating capacity of 721 MW.
  • Representing Tokyo Gas in a Joint Cooperation Agreement with First Gen Corporation to develop an Interim Offshore LNG Terminal in Batangas City, Philippines.
  • Represented European Climate Foundation, an international non-profit organization focused on the promotion of climate and energy policies to mitigate climate change, on its lead LP investment in Southeast Asia Clean Energy Facility, LP.

Singapore > International arbitration Tier 4

Morrison Foerster (Singapore)‘s dispute resolution team has particular experience in international arbitrations relating to Japan and China and is popular among technology sector clients. Craig Celniker and Daniel Levison jointly lead the practice which benefits from the ability to work cross-office with the firm’s global network.

Practice head(s):

China > Data protection: foreign firms

Morrison Foerster’s privacy and data security practice advises on evolving privacy laws and regulations, as well as incident preparedness, response and litigation. The practice also handles data breach matters and is at the forefront of developing a number of technological tools for project management and exploring new technologies that result in cost savings. The principal figures are Beijing’s Paul McKenzie and Shanghai-based Chuan Sun, who both assist with data privacy and data security matters. Xuezi Dan and Tian Zhou are the associates to note.

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The firm: With approximately 1,000 lawyers in 17 offices, Morrison & Foerster (MoFo) is a preeminent global law firm dedicated to delivering business-oriented results to clients across the United States, Asia and Europe. Dynamic technology and life science companies, large financial institutions, private funds, private equity and venture capital firms, leading consumer product companies and other market leaders come to MoFo for knowledge, innovation and business aptitude. MoFo handles some of the world’s largest cross-border transactions and resolves major disputes across multiple jurisdictions. The firm has a long-standing commitment to diversity, pro bono work and social justice.

MoFo provides integrated international and local law advice throughout Asia. The Singapore office features lawyers who are US, England & Wales and Hong Kong qualified. They have many years of experience in managing complex cross border transactions across diverse jurisdictions, including Bangladesh, Cambodia, India, Indonesia, Laos, Malaysia, Myanmar, Nepal, Singapore, Sri Lanka, Thailand, the Philippines and Vietnam.

Areas of practice: MoFo’s Singapore clients – and the firm’s global clients doing business in the South and Southeast Asia regions – benefit from the firm’s interdisciplinary and cross-border approach. The firm has an unmatched depth of experience in facilitating regional inbound and outbound transactions, including corporate M&A, banking and finance, fund formation, insurance, and private equity, particularly in the real estate, financial institutions, life sciences and technology sectors. In addition to transactional capabilities, the firm has expertise in all forms of dispute resolution, investigations and regulatory compliance matters.

Banking and finance: MoFo’s Singapore-based finance practice advises clients throughout the region on a comprehensive range of multi-jurisdictional financing transactions. These include domestic and cross-border acquisition and leveraged finance, real estate finance, public to private takeovers, debt structuring and restructuring, margin loans, project finance, syndicated lending and subscription line financing.

Corporate M&A: MoFo’s Singapore corporate group has been entrenched in Asia for decades. The partners are veteran deal advisers with substantial experience handling inbound, outbound and intra-regional private equity, cross-border investment, joint ventures, strategic alliances and asset-based transactions across South and Southeast Asia.

Dispute resolution: MoFo’s Singapore litigation and arbitration team handles all types of disputes including those heard before courts and administrative agencies, arbitration panels, and other tribunals. The team has arbitrated cases before leading regional arbitration centres such as the Singapore International Arbitration Centre (SIAC), as well as the major equivalent arbitration centres outside Asia. The firm specialises in IP litigation, including US International Trade Commission disputes, defence against patent infringement claims, adversarial patent licence negotiations, patent prosecution and counseling.

Energy, projects and infrastructure: The Singapore energy and infrastructure group provides full service legal representation across every facet of the energy and infrastructure landscape. The team represents key stakeholders, including sponsors, state owned entities, contractors and lenders, and advises on the entire lifecycle of energy and infrastructure assets – from structuring, planning and licensing through to construction, financing and operation.

Insurance: MoFo advises insurers in relation to cross-border M&A, disposals and joint venture arrangements, Fintech and Insurtech transactions, as well as handling commercial disputes. The practice also advises insurers on the most complex and innovative applications of warranty and indemnity insurance policies.

Investigations and regulatory compliance: MoFo has one of the world’s leading FCPA, compliance and investigations practices. The Singapore team features attorneys with significant experience in all types of investigations and regulatory compliance issues faced by global companies in the region including allegations of anti-competitive conduct, bribery and fraud. The team also works closely with the firm’s transactions teams on pre-investment and post-closing due diligence matters.

Investment funds: MoFo’s Singapore investment funds practice represents fund sponsors and investors in the formation and operation of investment funds of all strategies, including; buyout; venture capital, growth capital and private equity; distressed, turnaround and special situations; real estate and real asset infrastructure; credit and private debt; hedge and fund-of-funds.

Real estate: The Singapore real estate team represents investors in the formation of funds and joint ventures and financing in relation to real estate investments in Asia and internationally. The group has a robust practice representing real estate private equity firms, investment managers, sovereign wealth funds, development companies and REITs that invest in real estate assets and companies in the sector.

Technology: MoFo Singapore assists leading telecommunications and IT companies, global banks and financial institutions, biotech companies and private equity funds in navigating legal, structuring and commercial challenges arising from handling technology projects in Asia’s rapidly evolving business and regulatory environment.

DepartmentNameEmailTelephone
Anti-bribery/anti-corruption/Foreign Corrupt Practices Act (FCPA) Daniel P. LevisonDLevison@mofo.com+65 6922 2041
Banking and finance Yemi TépéYTepe@mofo.com+65 6922 2057
Data privacy Paul McKenziePMcKenzie@mofo.com+65 6922 2066
Fund formation and co-investments Jason NelmsJNelms@mofo.com+65 6922 2025
International arbitration Craig I. CelnikerCCelniker@mofo.com+65 6922 2059
Investigations and regulatory compliance Daniel P. LevisonDLevison@mofo.com+65 6922 2041
Litigation Daniel P. LevisonDLevison@mofo.com+65 6922 2041
Mergers and acquisitions, strategic investments and joint ventures Shirin TangSTang@mofo.com+656922 2028
Private equity and venture capital Shirin TangSTang@mofo.com+656922 2028
Project Finance (Energy & Infrastructure) Tessa DavisTDavis@mofo.com+656922 2016
Real estate financing, acquisitions, joint ventures and investments Shirin TangSTang@mofo.com+656922 2028
TMT-related investment and transactions including FinTech Shirin TangSTang@mofo.com+656922 2028
Number of lawyers : approximately 1,000
At this office : 23
English
French
Japanese
Mandarin
Thai
Contacts : Shirin Tang (Singapore office managing partner) STang@mofo.com +656922 2028