Firm Profile > Shearman & Sterling LLP > Singapore, Singapore

Shearman & Sterling LLP
6 BATTERY ROAD #25-03
SINGAPORE 049909
Singapore

Singapore > Energy: foreign firms Tier 1

Shearman & Sterling LLP fields a sizeable team of specialists committed to the energy sector, spanning M&A, capital markets, project development and finance, and dispute resolution. It is at the forefront of oil and gas through to renewables and is noted for its expertise in emerging areas such as hydrogen. During the Covid pandemic, the team has experienced growth in disputes and pre-dispute engagements, along with oil and gas divestments in Indonesia and Malaysia; it is also active in acquisitions by regional NOCs in Europe and elsewhere. Despite the departure of LNG specialist Anthony Patten and Lachlan Clancy to King & Spalding LLP, the Singapore team has grown its senior ranks with the hire of energy M&A and projects specialist David Clinch from Herbert Smith Freehills LLP, the promotion of Jean-Louis Neves Mandelli to partner and the relocation of counsel Angela Heywood Bible from Houston to Singapore. Bill McCormack is one of the leading figures in energy project development and finance in Southeast Asia and Asia project development. Finance head Ben Shorten also has an outstanding reputation.

Practice head(s):

Ben Shorten

Testimonials

‘Jean-Louis Neves Mandelli (Partner) – Extremely responsive and provides innovative solutions to challenging commercial situations – Able to explain challenging legal concepts and distil them into key issues for the client.’

Key clients

PT Indonesia Asahan Aluminium/MIND ID

Deutsche Bank, Mandiri Securities

Standard Chartered Bank

Deutsche Bank AG, Singapore Branch

Singapore > Projects: foreign firms Tier 1

Team consolidation has characterised the recent period at Shearman & Sterling LLP; 2020 saw the promotions of Jean-Louis Neves Mandelli and Joe Freeman to partner and counsel, respectively, as well as the internal relocation of counsel Angela Heywood Bible from Houston to Singapore; this was then followed by the arrival of recognised practitioner David Clinch from Herbert Smith Freehills LLP and specialist counsel Neil Kingsbury from INPEX in June 2021. The group, thus strengthened, continues to offer deep industry expertise and innovative advice to a notable client roster of lenders, sponsors and other project participants. Highly respected practitioner Bill McCormack, who has a particular focus on work in the renewables space, leads the offering. Well regarded specialist Ben Shorten has now relocated to the London office.

Practice head(s):

Testimonials

‘Innovative and solutions driven.’

Key clients

A consortium of Chinese lenders including Sinosure, Chinese commercial banks and ECAs

Abu Dhabi Future Energy Company PJSC (Masdar)

China Development Bank

China Telecom Corporation

Clifford Capital

International Finance Corporation

Sumitomo Mitsui Banking Corporation

Singapore > Capital markets: equity and debt: foreign firms Tier 2

Shearman & Sterling LLP has a strong presence in the high-yield bond space, leveraging a presence across the Asia Pacific region. The group is also able to handle equity work, and is often called upon for IPOs, reorganisations and private placements. Andrew Schleider heads the department, assisting a wide variety of financial institutions with their transactions. In July 2021, counsel Terrence O’Donnell left to join Milbank.

Practice head(s):

Andrew Schleider

Other key lawyers:

Valerie Ching

Key clients

Citigroup

Credit Suisse

Deutsche Bank

GLP Pte

GMR Hyderabad International Airport Limited

Goldman Sachs

Greenko Dutch B.V. and Greenko Energy Holdings Limited

Mandiri Securities

Morgan Stanley

Standard Chartered Bank

UBS

Singapore > International arbitration Tier 3

Shearman & Sterling LLP‘s ‘global approach‘ to international arbitration sees it handle a range of disputes including those relating to power, oil and gas, cross-border investment and large infrastructure projects. Daryl Chew has experience in matters spanning Southeast Asia and leads the team alongside Emmanuel Jacomy, who splits his time between Singapore and Beijing and is particularly active in China-related matters as well as, increasingly, those relating to Pakistan and African jurisdictions. Shaun Pereira is ‘an impressive up and coming associate‘.

Practice head(s):

Daryl Chew; Emmanuel Jacomy

Other key lawyers:

Testimonials

Daryl Chew is an excellent arbitration practitioner. His calm and measured approach is a credit to him. Shaun Pereira is an impressive up and coming associate with good international experience under his belt.

Key clients

Electricité de France

The People’s Republic of China

Kot Addu Power Company Limited

Singapore > Banking and finance: foreign firms Tier 4

Shearman & Sterling LLP advises creditors, sponsors and corporate borrowers on a wide range of transactions, with a particularly strong recent track record in project-related financings. The group is able to harness the firm’s corporate, funds and capital markets lawyers in a variety of financing structures, often involving leveraged deals, investment-grade financing and asset-based lending. Ben Shorten heads the Asia project development and finance team alongside Bill McCormack . David Clinch joined from Herbert Smith Freehills LLP in June 2021, adding further expertise in projects and energy finance.

Practice head(s):

Ben Shorten; Bill McCormack

Other key lawyers:

David Clinch; Jean-Louis Neves Mandelli

Key clients

A consortium of Chinese lenders including Sinosure, Chinese commercial banks and ECAs

Abu Dhabi Future Energy Company PJSC (Masdar)

China Development Bank

Clifford Capital

International Finance Corporation

Investcorp Asia Financial Services

Sumitomo Mitsui Banking Corporation

Singapore > Corporate and M&A: foreign firms

India > Foreign firms Tier 2

Shearman & Sterling LLP has built a substantial global team across Asia and Europe in conjunction with its US base, which is dedicated to India-based or India-related transactions. It provides broad expertise in M&A, capital markets, project finance, international arbitration, real estate and fund formations. It has a specialist private equity team based in Singapore for India work and includes infrastructure funds, sovereign wealth and and pension funds among its clients. Andrew Schleider heads the capital markets group in Singapore, and represents both underwriters and issuers in a wide range of corporate finance transactions including some 20 years’ experience of US raisings, high yield and investment grade debt securities, and convertible bonds. Kyungwon (Won) Lee represents both issuers and underwriters on corporate transactions and his experience includes public and private, international and US offerings of common and preferred stock, high yield and investment grade securities. Partner Sanjeev Dhuna joined from Allen & Overy in July 2021; he has extensive experience advising both lenders and borrowers on complex cross-border banking and finance transactions, and is especially known for advising on leveraged finance. Sidharth Bhasin and James Cayton-Payne left in August 2021 to join Latham & Watkins LLP.

Practice head(s):

Sidharth Bhasin

Key clients

Citigroup Global Markets India Private Limited

DSP Merrill Lynch Limited

Indonesia > Foreign firms Tier 2

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:

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.

Philippines > Foreign firms Tier 2

Focussing on project finance, M&A and capital markets, Shearman & Sterling LLP advises a wide range of major conglomerates such as Ayala Corporation and Metro Pacific, as well as infrastructure giants such as Macquarie Infrastructure and Real Assets. Anna Chung heads the Seoul office and is noted in the Philippines for her involvement in advising the DITO $5bn telecommunication project to construct 4G/5G -ready networks. David Clinch joined the firm in May 2021 from Herbert Smith Freehills, bringing with him his expertise in energy, natural resources and infrastructure projects and transactions. The firm has also worked alongside local counsel in some high-profile arbitration matters in the construction sector.

Practice head(s):

Key clients

China Telecom Corporation

DITO Telecommunity Corporation

Frontier Tower Associates Philippines

Malaysia > Foreign firms Tier 3

Shearman & Sterling LLP has a track record on a range of projects in the oil, gas and renewables sectors. Coordinated from Singapore by Ben Shorten and Daryl Chew, the team has successfully served clients such as The Government of Malaysia, Genting, Malakoff, Khazanah and Bumi Armada.

Practice head(s):

Other key lawyers:

Myanmar > Foreign desks Tier 3

Shearman & Sterling LLP has a track record advising international clients on transactional energy and project development matters in Myanmar, particularly LNG sector work and hydropower plants. David Clinch has bolstered the energy team at the firm after joining from Herbert Smith Freehills LLP, and handles project financing and acquisition work across emerging markets. The group has a presence in Seoul and Singapore, and advises lenders on sponsors on large power projects. Head of the Asia group Ben Shorten is a key name as is Bill McCormack . Anna Chung heads the Seoul office.

Practice head(s):

Other key lawyers:

Key clients

International Finance Corporation

Investcorp Asia Financial Services Pte. Ltd.

Vietnam > Foreign desks Tier 3

Shearman & Sterling LLP leverages its wide Asian network to advise clients on all subsets of the energy industry in Vietnam, including oil and gas, renewable energy, electricity and LNG. Reflective of its breadth and depth of resources, the firm is able to advise on project development and finance, M&A and private equity, as well as capital markets transactions. In addition, the firm is instructed in disputes that result in arbitration proceedings. Singapore-based partner Ben Shorten, who is the head of the project development and finance practice in Asia. jointly spearheads the firm's Vietnam offering with Asia capital markets head Kyungwon (Won) Lee , who is based in Hong Kong. Bill McCormack, who is also based in Singapore, is another name to note, as is Anna Chung in Seoul. Jean-Louis Neves Mandelli made partner in 2020. In a more recent development, David Clinch was hired from Herbert Smith Freehills LLP.

Practice head(s):

Key clients

ACWA Power

BIM Land Joint Stock Company

China Development Bank

Korean Export-Import Bank (KEXIM)

The AES Corporation

China > Dispute resolution: Arbitration: foreign firms

Shearman & Sterling LLP is noted for the strength of its Chinese client base, including the Chinese government which instructs the firm in high-stakes investment treaty arbitration. The team also has a wealth of experience in commercial disputes arising in sectors such as power, oil and gas, financial services and construction; it is also gaining additional ground in the telecoms and technology space. The department is jointly led by Nils Eliasson and Emmanuel Jacomy, each of whom splits time between Hong Kong and Beijing, and Beijing and Singapore, respectively.

Practice head(s):

Other key lawyers:

Edward Taylor

Testimonials

‘Shearman provides superior legal services in handing complex dispute, they have deep expertise in oil and gas industry, and they are truly professional, intelligent and client oriented throughout the proceedings. Not only they know about their work, but also patient in explaining to client and persistent in areas that they believe will truly benefit client and help win the case. ’

‘Nils Eliasson, Emmanuel Jacommy. Both are very experienced and hardworking. Nils is very intelligent, logic, thorough and client friendly. Emmanuel speaks great Mandarin and is absolutely delightful to work with.’

Key clients

People’s Democratic Republic of China

Electricité de France, Inc.

Kot Addu Power Company Limited

South Korea > Projects and energy: foreign firms

Shearman & Sterling LLP advises clients on the full range of project development work across a wide range of sectors, including oil & gas, transportation, thermal, nuclear and renewable. The team regularly represents Korean corporates and financial and government institutions in overseas transactions and has seen a continued increase in projects in emerging Asian economies and the Middle East region. Anna Chung heads up the Seoul office and has extensive experience in complex power, petrochemicals and infrastructure projects. Chung is supported by counsel Scott Baggett. The firm’s international network of offices allows the team to support clients globally; Ben Shorten and Bill McCormack are based in Singapore and have strong relationships with Asian-based lenders and sponsors such as K-Sure.

Practice head(s):

Other key lawyers:

Testimonials

‘Shearman & Sterling has strong networks with other foreign and local law firms. I am willing to choose a global law firm that could make qualified consulting services under a difficult situation and limited time frame by using their business networks. And my answer would be Shearman & Sterling.’

‘Shearman & Sterling’s best point is their localization strategy. Although there are a few more global law firms in Korea, S&S has been providing legal services beyond their working hours. As for me, I could contact in the evening and night time as well, whenever I faced difficult situations.’

Key clients

The Export–Import Bank of Korea (KEXIM)

Korea Trade Insurance Corporation (K-Sure)

Korea Development Bank (KDB)

Korea Overseas Infrastructure & Urban Development (KIND)

Asia Pacific: Regional International Arbitration > Leading firms

Shearman & Sterling’s international arbitration practice counts energy, infrastructure and telecoms disputes among its areas of specialism. China disputes experts Nils Eliasson in Hong Kong and Emmanuel Jacomy (who splits his time between Singapore and Beijing), and Singapore-based Daryl Chew are the key names to note.

Practice head(s):

Nils Eliasson

Other key lawyers:

Brunei > Leading firms

David Clinch has joined Shearman & Sterling LLP from Herbert Smith Freehills LLP and brings with him a wealth of experience in energy, natural resources and infrastructure projects and transactions.

The firm: Shearman & Sterling’s Singapore office has been advising and delivering value to clients throughout the Asia Pacific region since 1995. The firm meets its clients’ needs by leveraging its unique experience across jurisdictions, industries and practice areas, and by working seamlessly across its global network, including Beijing, Hong Kong, Seoul, Shanghai and Tokyo in Asia, as well as Abu Dhabi, New York, Paris, Frankfurt, London, Rome, Toronto and Washington D.C., as well as other offices.

The firm has worked successfully with clients on some of the region’s largest landmark projects, financings, cross-border M&A transactions, IPOs, innovative debt offerings, privatisations and complex international arbitration matters.

Shearman & Sterling has represented many of the world’s leading corporations, financial institutions, emerging growth companies, state- owned enterprises, governments and governmental organisations for more than 146 years. It is committed to providing legal advice that is insightful and valuable to clients. The firm distinguishes itself by harnessing the intellectual strength and deep experience of its lawyers across its extensive global footprint. It has the capability to mobilise resources throughout its 23 offices worldwide to provide clients with professional legal advice and support. The firm’s lawyers are fluent in more than 60 languages and they practice Hong Kong, US, English, French, German, Italian, EU, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. The firm is organised as a single, integrated partnership with approximately 850 attorneys in 23 offices located throughout Asia, the Americas, Europe and the Middle East. For more information, please visit Shearman & Sterling’s website at www.shearman.com.

Areas of practice: Shearman & Sterling’s main practice areas include: anti-corruption and Foreign Corrupt Practices Act (FCPA), antitrust, appellate litigation, capital markets, compensation, governance and ERISA, corporate governance, criminal law, regulation and enforcement, derivatives and structured products, emerging growth, environmental, European bank recovery and resolution, finance, financial institutions advisory and financial regulatory, financial institutions investigations and enforcement, financial restructuring and insolvency, intellectual property litigation, intellectual property transactions, international arbitration, international trade and investment, investment funds, Islamic finance, leveraged finance, litigation, mergers and acquisitions, privacy and data protection, private client, private equity and hedge funds, privatisation, pro bono, project development and finance, public international law, real estate, state controlled companies/sovereign wealth funds, structured finance, and tax.

Department Name Email Telephone
Banking and finance Bill McCormack
Banking and finance Ben Shorten
Capital markets Andrew Schleider
Corporate and M&A/private equity Richard Porter
Indonesia Andrew Schleider
Indonesia Bill McCormack
Philippines Bill McCormack
South/Southeast Asia Bill McCormack
Indonesia Ben Shorten
Thailand Ben Shorten
South/Southeast Asia Ben Shorten
Vietnam Ben Shorten
International arbitration Daryl Chew
International arbitration Emmanuel Jacomy
Oil and gas David Clinch
Projects and energy Bill McCormack
Projects and energy Ben Shorten
Projects and energy David Clinch
Photo Name Position Profile
Mr Daryl Chew photo Mr Daryl Chew PartnerHead of Singapore Office
Mr Claude Jiang photo Mr Claude Jiang Associate
Mr Bill McCormack  photo Mr Bill McCormack  Partner
Mr Andrew Schleider  photo Mr Andrew Schleider PartnerHead of the Capital Markets practice in Singapore
Mr Ben Shorten photo Mr Ben Shorten PartnerAsia Project Development & Finance Team Leader
Number of lawyers : 850 approx
At this office : 25 approx
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