K&L Gates Straits Law LLC > Singapore, Singapore > Firm Profile

K&L Gates Straits Law LLC
9 RAFFLES PLACE
#32-00 REPUBLIC PLAZA
048619 SINGAPORE
Singapore

Singapore > Dispute resolution: local firms Tier 2

K&L Gates Straits Law LLC has a tremendous dispute resolution heritage thanks to the presence of big-name litigators such as Singapore managing partner N Sreenivasan SC, a leading advocate and strategist. The firm has continued to land a range of large-scale cases, including those in the insolvency and restructuring field. It acted for the judicial managers of Ocean Tankers in connection with the headline insolvency of Hin Leong. Financial services, white-collar crime and asset recovery are also fortes for the Singapore team. Sundararaj Palaniappan, Valerie Ang and Muralli Rajaram are prominent members of the team, the latter noted for his experience in banking and insolvency disputes.

Practice head(s):

N Sreenivasan SC

Key clients

Alternative Advisors Investments Pte Ltd

Chong Hock Yen

Collective Sale Committee of Chuan Park

John Soh Chee Wen (Individual)

Judicial Managers (“JMs”) of Ocean Tankers (Pte.) Ltd (“OTPL”)

Lummus Technology Heat Transfer B.V.

Punithan a/l Genasan (Individual)

Tat Wai Enterprise Pte Ltd

Thamby Kannu Parvathi (Individual)

Work highlights

  • Acted for John Soh, a Malaysian national and businessman, who is facing 189 charges under the Securities and Futures Act, Penal Code and Companies Act for various market misconduct and related offences.
  • Acted for the judicial managers of Ocean Tankers in connection with the headline insolvency of Hin Leong.
  • Acting for Alternative Advisors Investments in its claim to recover monies under a loan agreement and a personal guarantee, both of which have been assigned to the client.

Singapore > Labour and employment: foreign firms Tier 2

K&L Gates Straits Law LLC's Singapore employment team specialises in advising domestic and multinational employers with operations throughout Southeast Asia. It continues to work intensively in advisory and transactional-related matters, including assisting clients with remote and hybrid working policies, employment termination matters, and international employee transfers and overseas employment arrangements. Christopher Tan is a senior employment specialist with a fine record in the media, music and entertainment, technology and software, engineering, finance and fintech, and manufacturing industries. Valerie Ang provides additional contentious employment expertise.

Practice head(s):

Christopher Tan

Other key lawyers:

Testimonials

‘They are very responsive and knowledgeable. We can trust their guidance.’

Key clients

Bespin Global

Bitgo, Inc.

Electronic Arts Asia Pacific

EY

Flight Centre Travel Group

Jet Aviation (Asia Pacific) Pte Ltd

John Deere Asia (Singapore) Private Limited

Samsung SDS Asia Pacific Pte Ltd

Shinhan Bank

TripAdvisor Limited

Work highlights

  • Assisted an advertising technology company with reviewing several of their various employment policies from a Singapore law perspective.
  • Advised a global strategy consulting firm on assisting a global healthcare company with the Singapore employment law landscape.
  • Advised an ASX-listed travel agency on employment issues in relation to its proposed acquisition of a Singapore incorporated target company, which had 21 subsidiaries, three of which were also Singapore-incorporated.

Singapore > Banking and finance: local firms Tier 4

K&L Gates Straits Law LLC has a major focus on India-related financings, notably those involving Indian businesses venturing into Southeast Asia and non-Indian companies entering India itself. It advises a number of Indian banks, and Singaporean and Southeast Asian banks. It continues to see further growth in trade finance, LIBOR transition, loans to micro businesses and SMEs in Singapore, and restructuring engagements. M Rajaram is the chairman of the Singapore office and has some four decades of experience in banking and disputes work. Of counsels Lai-Foong Chan and Ahmad Khalis are also immensely experienced practitioners in banking and regulatory matters.

Practice head(s):

M Rajaram

Other key lawyers:

Key clients

KB Kookmin Bank

Work highlights

  • Advised KB Kookmin Bank on a lending agreement in relation to a $300m senior debt facility involving its Indonesian Subsidiary, PT Bank KB Bukopin, and International Finance Corporation (IFC).

Singapore > Energy: foreign firms Tier 4

K&L Gates Straits Law LLC continues to develop its status in the LNG and renewables sectors, despite the departure of former department head Lian Yok Tan to Squire Patton Boggs in May 2023. Marius Toime has stepped up to lead the team and former White & Case Seoul local partner Sarah Park has joined to bolster the team in Singapore, bringing additional connections to Korean corporates and financial institutions. The group has an impressive mix of state-owned company and multinational clients, especially Indonesian businesses.

Practice head(s):

Marius Toime

Other key lawyers:

Testimonials

‘The K&L Gates energy, projects and infrastructure team has been growing their capabilities in Asia, in particular, in renewables and clean gasses (ammonia/ hydrogen). The team is responsive, sharp and problem solving oriented, providing effective legal services for our projects. They certainly deserve recognition in rankings for their expertise and growing practice.’

‘We would like to shout out to newly hired partner Sarah Park, who has been our main relationship and transactional partner for renewables transactions globally and her colleague Marius Toime who has strong experience and credentials for Asian energy projects with a focus on Indonesia. Both are very hands on, execution partners with a deep understanding of the legal as well as commercial and deal making factors, being a huge advantage for sponsors.’

Key clients

Korea Midland Power Co., Ltd.

Penske Australia Pty Ltd

Pertamina International Marketing and Distribution Pte Ltd

PT Indonesia Chemical Alumina

PT Petromine Energy Trading

PT Pertamina Hulu Energi

Serba Dinamik Indonesia

Simmtech Holdings Co. Ltd.

Taiwan Power Corporation

Work highlights

  • Advised PT Pertamina Hulu Energi on the proposed acquisition from ExxonMobil of a share in the West Qurna-1 super oil field in Iraq.
  • Advised Taiwan Power Company (Taipower) on Taiwan’s first two gas/liquefied natural gas (LNG) to power projects, which is part of Taiwan’s shift to clean energy.
  • Advised PT Petromine Energy Trading on its long-term fuel oil and biodiesel supply contracts and related financing arrangements and public-private partnership arrangements with Indonesian state-owned companies for land utilisation in Kalimantan.

Singapore > International arbitration Tier 4

K&L Gates Straits Law LLC boasts an ‘empathetic yet effective’ international arbitration practice, that provides ‘timely and practical advice’ for its clients. Investment treaty disputes under bilateral and multilateral investment treaties are a key area of focus for the team, which also has extensive experience in arbitrations related to M&A and shareholder disputes. Raja Bose acts as head of the team and has a wealth of experience across construction, infrastructure, and engineering matters. Integral to the team are Sreenivasan Narayanan, the managing partner of the Singapore office, and Valerie Ang.

Practice head(s):

Raja Bose

Other key lawyers:

Narayanan Sreeni SC; Valerie Ang

Testimonials

‘We always get timely and practical advice.’

‘Narayanan Sreeni SC is good on commercial disputes and strategies. ’

‘The team is empathetic yet effective. ’

Key clients

Hyundai Global Service Singapore Pte Ltd

Work highlights

  • Representing Hyundai Global Service Singapore Pte Ltd in back-to-back SCMA arbitrations involving the seller and the buyer, where our client acted as an intermediary sleeving party for a sale and purchase of approximately 650 MT of VLSFO 0.5%. The dispute involves an alleged off-specification of the fuels delivered by the seller.

Singapore > Projects: foreign firms Tier 4

The team at K&L Gates Straits Law LLC advises on the full life cycle of project matters and portfolio expansions. The practice has a broad client base, taking in state-owned companies and MNCs, and often handles financings, restructurings and LNG projects. Marius Toime heads the department and has extensive experience in handling transactional matters. Sarah Park, who joined the Singapore practice in 2023, is noted for her expertise in power sector work.

Practice head(s):

Marius Toime

Other key lawyers:

Testimonials

‘The K&L Gates energy, projects and infrastructure team is responsive, sharp and problem-solving, providing effective legal services for our projects. They certainly deserve recognition for their expertise and growing practice.’

‘Sarah Park and her colleague Marius Toime (who has strong experience in Asian energy projects) are very hands on, with a deep understanding of the legal, commercial and deal making factors, which is a huge advantage for sponsors.’

Key clients

Hanwha Defense Co., Ltd

Korea Aerospace Industries Ltd.

Korean Midland Power Co., Ltd

Penske Australia Pty Ltd

PT Indonesia Chemical Alumina

PT Pertamina Hulu Energi

Simmtech Holdings Co. Ltd.

Taiwan Power Corporation

Work highlights

  • Advising PT Pertamina Hulu Energi on a proposed acquisition from ExxonMobil of a stake in the West Qurna 1 oil field in Iraq.
  • Advising PT Indonesia Chemical Alumina on a restructuring and repayment of a loan from JBIC and Japanese commercial banks.
  • Advising Taipower on Taiwan’s first two LNG power projects.

Singapore > Asset finance: foreign firms

Singapore > Investment funds: foreign firms

K&L Gates Straits Law LLC’s investment funds practice in Singapore largely centres on institutional investors and limited partners, such as the Asian Development Bank, in their investments into private funds. Edward Bennett has a growing reputation in the market. Jason Nelms joined in January 2024 from Morrison Foerster (Singapore).

Singapore > Shipping: foreign firms

K&L Gates Straits Law LLC continues to grow its prominence in the shipping and offshore energy disputes space; Raja Bose is the team lead and Henry Kim is a key contact.

South Korea > Projects and energy: foreign firms

Malaysia > Foreign firms

Based in the Singapore and Hong Kong offices respectively, senior counsel Sreenivasan Narayanan and Choo Lye Tan jointly lead the Southeast Asia practice at K&L Gates. The team advises on a broad range of matters, including M&A transactions and joint ventures, in addition to banking and finance mandates, with demonstrable experience across the aviation, financial services, energy, life sciences and manufacturing sectors. Based in Singapore, Henry Kim focuses on disputes arising out of commodities, shipping, energy, and power infrastructure projects and is another key contact in the group. Team changes include the departure of James Bradley to Morgan, Lewis & Bockius LLP in October 2022, and the departure of Lian Yok Tan to Squire Patton Boggs in May 2023.

Practice head(s):

Narayanan Sreenivasan; Choo Lye Tan

Other key lawyers:

David Tang

Key clients

Asia Pacific Aviation Leasing Group

JP Lease Products & Services Co. Ltd.

Liquidators of Ocean Tankers (Pte.) Ltd

Luye Pharma

Serba Dinamik Indonesia

Simmtech Holdings

Work highlights

  • Acting for the former Judicial Managers and present Liquidators of OTPL, one of the entities that is involved in one of Singapore’s largest cases of corporate fraud and breaches of accounting regulations by Lim Oon Kuin, one of the shareholders and directors of OTPL.
  • Acting for Asia Pacific Aviation Leasing Group in their restructuring of their portfolio of aircraft on lease to various lessees in Asia including the restructuring of aircraft on lease to AirAsia X by way of a scheme of arrangement of its $15bn debt in Malaysian Court.
  • Advising the Indonesian joint venture arm of Serba Dinamik on various corporate and financing matters including in particular, cross-border structured financing, including Islamic finance arrangements.

The Firm: K&L Gates has seven offices that are strategically located in major financial and commercial centers across Asia. Our full-service Asia-based team is closely integrated with the firm’s offices in Australia, Europe, South America, and the United States. The collaboration across our global platform, coupled with our focus on long-term relationship building, allows us to effectively advise our clients on a national and global basis.

We established our presence in Asia by opening our Hong Kong office in 1996. Today, we are strategically located in key financial and commercial centers throughout Asia. We have lawyers on the ground in Beijing, Hong Kong, Seoul, Shanghai, Singapore, Taipei, and Tokyo. In 2019, we further expanded our capabilities in Singapore by combining with Singapore law firm Straits Law Practice LLC, creating K&L Gates Straits Law LLC and becoming one of a few international law firms in Singapore with the capability to advise clients on Singapore law and cross-border legal issues. The combined firm has bolstered our disputes, corporate, funds, and banking and finance service offerings and further opened our global platform to clients across Southeast Asia. We also have designated India, Indonesia, and Malaysia practices, allowing our capabilities to span beyond our physical office locations.

Through our integrated network of offices, we are positioned to advise both domestic and international clients throughout Asia Pacific and beyond. Our lawyers understand the legal challenges that clients face today, and they have the experience to respond to those needs creatively and efficiently. Our on-the-ground experience, knowledge, and networks in each market enable us to give clients valuable insights into local policies and practices. We have advised local and multinational companies at every stage of their development in Asia, from local start-ups, to mid-sized overseas companies looking to enter the market or mid-sized regional companies looking for outbound opportunities, to experienced global businesses with well-established operations in the region. We also regularly advise local governments, NGOs, educational institutions, financial institutions, and other key market players. To learn more about our service offerings, visit klgates.com/services.

Offices

Asia: Beijing, Hong Kong, Seoul, Shanghai, Singapore, Taipei, Tokyo. Australia: Brisbane, Melbourne, Perth, Sydney. Europe: Berlin, Brussels, Dublin, Frankfurt, London, Luxembourg, Milan, Munich, Paris. Middle East: Doha, Dubai. United States: Austin, Boston, Charleston, Charlotte, Chicago, Dallas, Fort Worth, Harrisburg, Houston, Kansas City, Los Angeles, Miami, Nashville, New York, Newark, Orange County, Palo Alto, Pittsburgh, Portland, Raleigh, Research Triangle Park, San Francisco, Seattle, Washington, D.C., Wilmington. South America: Sao Paulo.