DLA Piper > Singapore, Singapore > Firm Profile

DLA Piper
80 RAFFLES PLACE #48-01
SINGAPORE 048624
Singapore

Singapore > Insurance: foreign firms Tier 2

DLA Piper‘s team handles all aspects of insurance work, including coverage issues, claims, regulatory compliance and insurance-industry corporate transactions. On the contentious front, areas of expertise include property, casualty, energy, construction and political risk claims, as well as cyber liability matters. John Goulios , co-chair of the firm’s insurance sector group, leads the team with a strong track-record in insurance disputes, as does senior associate Andrew Robinson.

Practice head(s):

John Goulios

Other key lawyers:

Testimonials

Their lawyers are familiar with the insurance industry. Their advices are clear, professional and deliver on timely basis.’

Our company usually work with John Goulios. He is very experienced with insurance and claims matters. His advice is very detailed, clear and professional.’

Key clients

AIG

Partner Reinsurance Asia Pte Ltd

Swiss Re International SE

Allianz SE Reinsurance Munich

Allianz Global Corporate & Specialty SE.

Chubb Insurance Singapore Ltd

Liberty Specialty Markets Pte Ltd

Brit Syndicates Limited

Marsh & McLennan Companies Inc.

Liberty Mutual

Aetna

Aflac Incorporated

AON

Generali

Chubb

Zurich

Allied World

Work highlights

  • Advising insurers and reinsurers, including Swiss Re International SE, Brit Syndicates Limited, Tokyo Marine Kiln, Allianz SE Reinsurance Munich, on numerous Covid-19 insurance and reinsurance claims.
  • Acting on behalf of joint liability reinsurers, AIG Asia Pacific Insurance Pte Ltd, Chubb Insurance Singapore Ltd, Liberty Specialty Markets Pte Ltd, in respect of covering losses arising from a large-scale explosion and fire at a large-scale industrial petrochemical complex in Korea.
  • Acting as underwriter’s counsel and advising the client on nine individual catastrophe bonds deals (insurance-linked security transactions) through Singapore special purpose vehicles, covering hurricane and earthquake risks in the US.

Singapore > White-collar crime - Foreign firms Tier 2

In the spring of 2021, DLA Piper significantly expanded its investigations offering with the hire of Maurice Burke, a former practice head at Hogan Lovells Lee & Lee. Burke brings over two decades of experience of handling investigations and contentious regulatory issues across the APAC region; he currently jointly leads the department alongside Nathan Bush. The team acts for numerous Asian and multinational companies on strategy, compliance and risk management matters relating to bribery and corruption. It also offers deep expertise in the life sciences, technology and consumer goods sectors.

Practice head(s):

Testimonials

‘Strong cross-jurisdictional capability and great experience.’

‘I have worked with DLA Piper for many years and highly recommend the New York and Singapore partners for dealing with issues on antitrust, compliance investigations and regulatory issues. They have a team across various countries and can support the issue 24/7, if necessary. They also have super connections with forensic accountants and other consultants.’

‘Maurice Burke is very knowledgeable and a pleasure to work with.’

‘Nate Bush is a wonderful lawyer with a deep knowledge of the Chinese market.’

Singapore > Capital markets: equity and debt: foreign firms Tier 3

DLA Piper‘s team is well-integrated into the firm’s regional and international office network and is most known for its expertise in SPAC structures. The group also regularly handles high-yield bond financings, with high-profile clients in the real estate and technology sectors. It is increasingly active in providing securities regulatory advice in relation to crypto currencies. Managing partner Joe Bauerschmidt jointly leads the group alongside debt capital markets expert Philip Lee. David Kuo, who arrived from Milbank in January 2020, brings with him knowledge in both debt and equity transactions.

Practice head(s):

Joe Bauerschmidt; Philip Lee

Other key lawyers:

David Kuo; Mei Sum Chan

Testimonials

‘Well balanced between technical knowledge and ability to formulate pragmatic solutions. Able to hold their own against firms further up the food chain. The team is resilient and able to manage well during crunch time in transactions.’

‘Philip Lee offers a great service – very responsive and able to give clear and useful advice even in high pressure situations. ’

Transparent billing, able to explain legal terms to non-legal professionals.’

Key clients

PT Asia Vision Network

Sylebra Capital

PT Bank Mandiri (Persero)

Hydoo International Holding

Geophysical Sub-Strata

Enjin

Mandiri Securities

Haitong

Axis Bank

Washington H Soul Pattison Company Limited

Webjet

Work highlights

  • Advised an Indonesian media conglomerate, the MNC Group in a US-SEC registered exchange offer of securities and reverse merger with a SPAC.  The SPAC business combination is scheduled to file within the next few weeks and will be the first substantial Southeast Asian SPAC transaction. The transaction is rumoured by Bloomberg to create the “Netflix of Asia” and will create a Nasdaq listed stock with market cap in excess of US$600m.
  • Advised Avation on a significant debt restructuring involving negotiations with holders of its US$350m high yield bond issues. Through our work, the client was able to achieve a bond restructuring which is critical to the company’s survival during Covid-19.
  • Advised on Sylebra Capital’s US$855m PIPE investment, in the US$1.2b business combination of RMG Acquisition Corporation II with ReNew Power (India’s leading pure-play renewable energy producer, US$8b valuation)

Singapore > Corporate and M&A: foreign firms Tier 3

DLA Piper, a firm with an extensive international network, enjoys an excellent reputation within the TMT sector and is notably home to a number of dual-qualified lawyers, equipped to practice in the UK and New York. Practice head Joe Bauerschmidt is also active within the real estate, financial and energy sectors; his vast experience within the market is evident by the fact that he has  transacted over $20bn worth of prospective and completed M&A transactions for regional clients. The team supplements its cross-border M&A proficiency through considerable banking and finance, capital markets and projects expertise.

Practice head(s):

Key clients

PT Asia Vision Network

Sylebra Capital

Beijing Wise Road

Digital Edge Asia

Surbana Jurong

GE

Laureate Education, Inc.

Pine Labs

Danaher Corporation

FinLab EOS VC Europe I GmbH & Co. KG

Work highlights

  • Advising an Indonesian media conglomerate, the MNC Group in a US$573m merger with Malacca Straits, a Nasdaq-listed SPAC. The transaction is rumoured by Bloomberg to create the Netflix of Asia and will create a Nasdaq listed stock with market cap in excess of US$600m. The deal was publically announce 21 March 2021 and expected to close early Q3 2021.        
  • Representing certain PIPE investors in seven SPAC investments totalling more than US$2.5b, as part of US$11.4b of SPAC transactions.
  • Providing ongoing counsel to a Singapore company formed in 2020 which will be the leading Asia-based data centre company on more than US$800m of pending and potential acquisitions in China and Indonesia and other corporate work in Hong Kong, Japan, Singapore, the Philippines and Korea.

Singapore > Projects: foreign firms Tier 3

With highly regarded specialist Vincent Seah at the helm, DLA Piper is well placed to advise across the full range of assets, including infrastructure, oil and gas, and petrochemicals. Co-operating closely with the offices in Tokyo, Bangkok and Shanghai, the offering is able to provide comprehensive assistance in any Asian jurisdiction and has recently been focusing particularly on Indonesia, Vietnam and Myanmar. Additionally, the group is able to leverage its global strength when handling matters in any region of the world.

Practice head(s):

Testimonials

‘DLA Piper impresses with the quality of their people and their commitment to giving clients the best team to get the job done without cutting corners. I always feel like I am getting the gold standard of legal services when I get DLA Piper on board to advise me on my projects. They have specialists who understand our business and are able to “talk our talk” which really helps to build trust and assure me that they know what they are doing.’

‘We wanted to work with out long-standing trusted advisor, Vincent Seah. He has advised us on many of our projects in Asia and going back to him was a natural choice because of the level of service he is able to offer. He’s extremely knowledgeable and he is a very skilled negotiator and is adept at finding good commercial solutions to the most difficult issues, which is his key strength. Of course, he has a capable team behind him and they are always responsive, whatever time of the day.’

‘DLA Piper has a diverse and experienced team. In my area, which is project finance, they have shown knowledge and creativity in closing deals.’

‘I have worked with Vincent Seah on various challenging project. He always has an eye for the crux of the problem and offers practical and creative solutions. He also displays intimate understanding of developing markets.’

Key clients

China Huadian

Adaro Power

ENGIE

Global Power Synergy Corporation

Sojitz Corporation

Amazon

Mitsui & Co

ICBC

KEPCO

TTCL Public Company

DBS

Work highlights

  • Advising Ditrolic Solar and China Huadian on the acquisition, development and financing of a 70MWp solar power project in Bangladesh.
  • Advising TTCL Public Company, Sojitz Corporation, INPEX Corporation, Shikoku Electric Power Company, and Chukoku Electric Power Company on all aspects of the development and financing of the 388MW Ahlone LNG-to-power project in Myanmar.
  • Advising Barito Pacific, Korea Electric Power Company and Indonesia Power, in their role as sponsors, on all aspects of the development and financing of the US$3.3bn 2x1000MV Jawa 9 & 10 coal-fired power station in Indonesia, involving Euler Hermes, KEXIM and K-Sure.

Singapore > Banking and finance: foreign firms Tier 4

With a firm presence throughout south-east Asia, DLA Piper's Singapore banking and finance team is often instructed on cross-border financing transactions. Leveraged buy-outs and acquisition finance are areas of particular expertise, and it is also praised by clients for its trade finance offering. Timothy Tan  heads the team and also takes the lead in matters involving Indonesia and Thailand for borrowers and lenders. Vincent Seah has developed a reputation for project finance, with a focus on the energy sector.

Practice head(s):

Timothy Tan

Other key lawyers:

Testimonials

‘DLA Piper has shown to be flexible and has great connectivity with the Chinese clients in particular onshore but also in south-east Asia and Hong Kong.’

Great at working on cross border transactions. Very experienced and client oriented. Very easy to work with.’

Strong performers and very knowledgeable. Very reliable.’

The team is always helpful even on ad-hoc advice/potential transaction. The team is well-versed on trade financing transactions and have set up various trade programme for a number of banks; as such, they would be one of my go-to firm at structural stage to gauge on whether what we are thinking to do are doable, market standard and if there are any red-flags.’

Key clients

Deutsche Bank

DBS Bank

Capital Square Partners

TTCL Public Company

Sojitz Corporation

INPEX Corporation

Barito Pacific

Korea Electric Power Company (KEPCO)

Indonesia Power

Proterra Partners

Work highlights

  • Advised Capital Square Partners on LBO acquisition financing to acquire the CSS Corp group of companies.
  • Advising a consortium of TTCL Public Company, Sojitz Corporation,, INPEX Corporation, and Shikoku Electric Power Company and Chukoku Electric Power Company on all aspects of the development and financing of the 388MW Ahlone LNG-to-power project in Myanmar.
  • Advising Barito Pacific and Indonesia Power, in their role as sponsors, on all aspects of the development and financing of the US$3.3bn 2x1000MV Jawa 9 & 10 coal-fired power station in Indonesia, involving Euler Hermes, KEXIM and K-Sure.  This is a pathfinder project involving the financing of a completely new structure in Indonesia.

Malaysia > Foreign firms Tier 2

DLA Piper’s Malaysian team strengths include sector expertise in insurance, education, energy, financial services and technology. The practice is led by M&A expert Heng Loong Cheong  who also advises on complex corporate reorganisations and equity and debt capital markets transactions, with a focus on emerging markets. Vincent Seah is notable for his experience of pan-Asia mandates, acting for sponsors and developers on corporate and financing matters in the power industries.

Practice head(s):

Other key lawyers:

Key clients

Laureate Education, Inc.

Ditrolic Solar and China Huadian

Work highlights

  • Advised Laureate Education on USD140m sale of INTI to HOPE Education Group.
  • Represented Ditrolic Solar, a Malaysia-based solar clean energy company, and China Huadian on the acquisition, development and financing of a 70MWp solar power project in Bangladesh.
  • Advised a global insurance broker on the Asia Pacific employment aspects of its global integration.

Myanmar > Foreign desks Tier 2

Based between Thailand and Singapore, DLA Piper’s practice is known for handling large-scale and often complex energy and infrastructure projects and financing work for an international client base. The group is led by Singapore-based Vincent Seah, who is active in power projects in Myanmar and is supported by Samata Masagee in Bangkok, who handles cross-border corporate mandates and acquisition work. Renewable energy continues to be a sector strength for the team.

Practice head(s):

Other key lawyers:

Key clients

INPEX Corporation

Shikoku Electric Power Company

Chukoku Electric Power Company

China Huadian

Zhefu Holdings

Supreme Trading

ACO Investments

Indonesia > Foreign firms Tier 3

DLA Piper has a broad client offering and handles banking and finance, capital markets, corporate/M&A, disputes, and projects mandates. Managing partner Joe Bauerschmidt has played an active role in the expansion of the firm’s corporate and capital markets practice, particularly in the technology, financial, energy and real estate sectors. Timothy Tan is a key individual to note in the banking and finance practice, and the capital markets offering is led by English and New York qualified lawyer Philip Lee. Maurice Burke joined from Hogan Lovells Lee & Lee in 2021 and heads the investigations practice for Asia.

Testimonials

‘In my experience working with DLA Piper team in several global bond issuances, I noticed that the team is very helpful for both the issuer and the banks. They’re not hesitant to share insights on how some deals are typically executed from legal perspective, based on their experience doing similar deals in the past. This is essential information to equip us for negotiations with working parties and investors in global bond issuances. ’

‘The individuals are helpful and responsive. The communication was done very well with them. I remember they even are willing to take the time to do a session with debut issuers and banks, to educate such issuers on the documentation that are needed for global bond issuances. Shout out to Philip Lee and his team for demonstrating a high degree of professionalism.’

Key clients

PT MNC Investama group and PT Asia Vision Network

Digital Edge Asia

Surbana Jurong

Bank Mandiri

Indonesia Power

China Energy Investment Corp

ADB

Experian Ventures

BBVA

DBS Bank

Barito Pacific

KEPCO

Veolia

Mandiri Securities Pte Ltd

MUFG Securities

PT Sarana Multi Infrastruktur (Persero)

Work highlights

  • Advising PT Asia Vision Network on a $573m merger with Malacca Straits, a Nasdaq-listed SPAC.
  • Advising Barito Pacific and Indonesia Power as sponsors on all aspects of the development and financing of the $3.3bn 2x1000MV Jawa 9 & 10 coal-fired power station in Indonesia, involving Euler Hermes, KEXIM and K-Sure.
  • Representing the Asian branch of a global reinsurer in a contractual dispute with an Australian third-party marketing company.

Thailand > TMT

DLA Piper advises growing technology, IT, e-commerce and fintech companies on a range of matters, from software development and licensing to financial data-related agreements and outsourcing. The cross-border technology practice has also seen increased activity in regulatory compliance, data privacy and cyber security. Samata Masagee heads up the practice group and advises on technology M&A transactions, startup investments and data protection issues. Experienced litigator Don Rojanapenkul represents clients in the technology and telecoms sectors on a range of disputes.

Practice head(s):

Other key lawyers:

Testimonials

‘Partners and associates are capable of providing legal advice in a timely manner and swift response to having a call or meeting for discussion.’

Key clients

Mavenir, Inc.

True Corporation Public Company Limited

5G Catalyst Technologies Co., Ltd.

LINE Company (Thailand) Limited

Samsung SDS Co., Ltd.

Medi24 AG

Work highlights

  • Assisting True Corporation with the regulatory review on the offering of telehealth service – True HEALTH.
  • Advising 5G Catalyst Technologies Co., Ltd. on the development of smart city projects in Thailand.
  • Advising Mavenir Inc. on establishing operation in Thailand, as well as the importation of the 5G equipment.

Thailand > Transport

DLA Piper handles project development matters, as well as financing and commercial agreements for clients in the aviation, shipping, road and rail industry sectors. Experienced litigator and arbitrator Peter Shelford represents clients in shipping disputes, while Waranon Vanichprapa and Samata Masagee remain key contacts in the team.

Practice head(s):

Vietnam > Foreign desks

DLA Piper has a strong track record in mandates connected with the energy and infrastructure sectors in Vietnam, and it has also been active in Vietnam’s growing tech industry, particularly in sub-sectors such as medtech and proptech. Tokyo-based partner Lance Miller, who heads up the Vietnam practice, has a wealth of experience of finance, corporate and commercial matters. He advises foreign clients on business expansion and investment in Vietnam, as well as acting for Vietnamese clients on their outbound investments. Miller counts local conglomerate VinGroup as a longstanding client. In Singapore, Joe Bauerschmidt, who is noted for his M&A and capital markets experience, acts for clients from areas such as financial services, technology, energy and real estate. Also based in Singapore is David Kuo, who focuses on PE and VC financing. Bangkok-based partner Samata Masagee is also highly recommended.

Practice head(s):

Testimonials

The team always turns around quality work at speed, as well as giving us strategic advice.’

We have been working with DLA’s partner David Kuo for many years on our private equity investments. We truly appreciate David’s dedication to work, the speedy response and his strong commercial sense.’

Key clients

China Construction Bank (Asia) Corporation Limited

VMD Kórházi Technológiai Zrt.

RedDoorz

VinFast Trading & Production Limited

VinGroup Joint Stock Company

VinSmart HOYER

Work highlights

  • Advising China Construction Bank on the financing of a 650MW power project in An Kanh province, Vietnam.
  • Advising VMD Kórházi Technológiai Zrt. on the investment and construction of Can Tho City Oncology Hospital with 500-bed capacity in Vietnam.
  • Advising the HOYER Group on the acquisition of Kerry-ITS Holdings Pte. Ltd. and its subsidiaries in Singapore, China, Vietnam and Thailand.

China > Regulatory/compliance: foreign firms

DLA Piper has a regulatory and investigations team with dedicated lawyers based in its Beijing, Shanghai and Hong Kong offices. Leveraging its impressive global footprint, it represents international and China based multinational corporations on compliance, internal and regulatory investigations with a strong focus on cross-border issues. It is increasingly handling cybercrime and data breach-related reviews and investigations, and its recent caseloads include representing household MNCs operating in Greater China and major Chinese companies. The team is jointly led by Hong Kong-based Sammy Fang and Singapore-based Nathan Bush, and also includes Christine Liu. The firm continues to develop its online tool Rapid Response App which is a crisis management global service assisting clients with responding to a dawn raid, cyber attack or other major incidents.

Practice head(s):

Other key lawyers:

Christine Liu; John Zhang

Testimonials

‘Their mainland China/Hong Kong team are real experts when it comes to regulatory matters.’

‘Sammy Fang, a very user-friendly partner, is technically strong with excellent insights and strategic mind.’

Hong Kong > Regulatory: anti-corruption and compliance

DLA Piper’s regulatory and investigations group is split between Hong Kong, Shanghai and Beijing; it focuses on representing large companies based in China and Hong Kong in internal investigations into allegations of fraud, bribery and corruption. Of recent note, the team is increasingly being retained for data-related breaches. The department is led by Sammy Fang (Hong Kong) and Nathan Bush (Singapore).

Practice head(s):

Testimonials

‘A truly global team pulling expertise from China, Hong Kong and the US. Perfect in dealing with cross-jurisdictional regulatory matters.’       

‘Sammy Fang is a very client-friendly partner, technically strong, with excellent insights and strategic mind.’

Thailand > Corporate and M&A

The corporate team at DLA Piper handles acquisitions, disposals, joint ventures, inbound and outbound investments, as well as regulatory matters. The practice group is led by Samata Masagee, who focuses on cross-border transactions in Southeast Asia and is active across the energy, real estate and technology sectors. Associate Krittiya Wuddhihiranpreeda advises on M&A, disposals and corporate restructurings, while associate Kanokkorn Viriyasutum’s expertise lies in the technology and insurance sectors.

Practice head(s):

Key clients

Fircroft Engineering Services Limited

Global Power Synergy Public Company Limited

Thai Oil Public Company Limited

Frasers Property (Thailand) Public Company Limited

Golden Land Property Development Public Company Limited

Real Asset Development Co., Ltd.

Populous Pte. Ltd.

JWD InfoLogistics Public Company Limited

Raimon Land Public Company Limited

Wipro Limited

Zain Holdings Limited

Work highlights

  • Advising Global Power Synergy Public Co on the acquisition of a newly issued equity interest in Anhui Axxiva New Energy Technology Co., Ltd., a company operating a battery manufacturing business in the PRC.
  • Advised Frasers Property (Thailand) Public Company Limited on the acquisition of a 100% equity stake in a project company owning the lease right over a prime Bangkok CBD area to be developed into a mixed-use property.
  • Acting for SCB10X, a venture capital arm of the Siam Commercial Bank Public Company Limited, on the Series E fundraising of the first ever Thailand-based unicorn startup who provides e-commerce logistics services, Flash Group.

Global co-chairs: Frank W. Ryan and Andrew Darwin
Co-chief executive officers: Simon Levine and Frank W. Ryan
Languages: The firm speaks over 60 languages
Offices: Lawyers located in more than 60 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific.

Please see https://www.dlapiper.com for further information about the firm.


DLA Piper has a leading pro bono practice, providing over 200,000 hours’ worth of legal support annually to charities, NGOs, governments in least developed countries and vulnerable individuals around the world. We are one of the largest providers of pro bono legal services globally. Our thriving practice provides support for aforementioned organisations on a wide range of areas that are critical to their missions. This includes research, legal advice and strategic counsel. The global team works collaboratively to ensure a global impact on our key strategic focus areas including: forcible displacement, statelessness, gender-based violence, climate justice, and good governance.

In the Asia Pacific region, we deliver cutting edge pro bono programs. This includes our Know Your Rights Program, focused on fostering legal empowerment for migrants and refugees, and delivering practical legal skills programs to students in developing Pacific Island Nations. We also advise on gender based violence through our partnership with the RainLily Clinic (Hong Kong) and the Refugee Legal Family Violence Clinic (Australia).

Our Pro Bono program is led by a dedicated team of pro bono lawyers who sit within the international Responsible Business Team. As a team we are committed to looking for opportunities to use our strength as a leading global law firm to make a positive contribution to the world around us. We are focused on being a truly sustainable business, makes a positive social and environmental impact. This commitment exists at every level within the firm and is part of our culture.

Our Responsible Business team works internationally on a vast array of ESG topics, aligning to the firm’s ESG strategic priorities. This includes advising on key environmental and conservation matters, working on projects relating to illegal wildlife trafficking, climate and conservation. We also work to promote and invest in projects that advance sustainable development and the rule of law in developing nations.

DLA Piper’s pro bono work forms part of the firm’s wider Sustainability & ESG Strategy, focused on understanding, measuring and managing the firm’s impact in four key areas – our people, clients and suppliers, environment, and society. These focus areas are identified through a formal materiality assessment. We also report on our progress annually via our Sustainability Report. Our ambitions and actions align with globally accepted standards and frameworks (e.g. the UN Global Compact, Business Ambition for 1.5, Science Based Targets initiative, Mindful Business Charter, and others).

We are firmly committed to diversity and inclusion. For us, diversity isn’t just about visible differences, it’s the unique blend of talents, skills, experiences and perspectives that makes each of us an individual and we know it’s crucial to have a culture and environment where those differences are genuinely valued. In 2021, we launched our global diversity and inclusions goals, including ensuring that at least 30% of our partnership is made up of women by 2025 (and 40% by 2030). Our employee networks play a crucial part in helping us learn, reflect and share our experiences in diversity and inclusion.