Milbank's team advises international sponsors and lenders in the oil and gas, renewables and power distribution sectors. The group maintains its presence in the LNG market and is increasingly active in electricity infrastructure and renewables matters. Aled Davies, who heads up the team, is experienced advising on the variety of matters for clients including multinational companies, ECAs and DFIs. Project finance restructurings, as well as work in the mining and petrochemicals sectors, are key features of Andrew Pendleton‘s practice, while energy specialist Justen Fleming is singled out for his deep expertise in LNG-related mandates.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team led by Aled Davies is the best team in Tokyo in the field of projects and energy, especially because of their creativity in offering solutions to clients. They have supported a number of clients in new kinds of projects and spearheaded the market. While the team work efficiently, they are also happy to put in hard work, if needed, to satisfy clients' needs.’

  • ‘Needless to say, Aled Davies is the biggest name in the Tokyo market. He has deep knowledge and plenty of experience in the market, no one else from other firms can match him. Further, he has strong leadership to manage his teams while drawing on global knowledge and expertise of the firm in Tokyo and the Asian market.'

  • 'I would like to commend Lewis Blundell; his devotion contributed to the success of our projects, and his diligent work style made him a role model for our staff as well.’

  • ‘The team is talented.’

  • ‘Aled Davies and Andrew Pendleton know how Japanese firms think and what we want as legal outputs. Based on this deep knowledge, they deliver what we want when we want it. They are remarkable; I would like to retain them on different projects going forward.’

  • ‘The team is highly technical and has great access to senior leaders.’

Key clients

  • EIB (European Investment Bank)
  • AfDB
  • Japan Bank for International Cooperation
  • Nippon Export and Investment Insurance
  • Korea Eximbank
  • Export-Import Bank of China (“CEXIM”)
  • EDC (Export Development Canada)
  • US EximBank
  • Asian Development Bank
  • BPI France
  • Total Energies S.A
  • ExxonMobil

Work highlights

Advised the lenders to the Ambatovy Nickel and Cobalt Mine Project, this year on the negotiation and litigation of the first English law restructuring plan for a project financing.
Represented the sponsors on the development of the Papua LNG Project.
Represent the lender group on one of the largest undeveloped copper-gold projects in the world, the Reko Diq Copper Project.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Aled Davies

Next Generation Partners: Gaiben

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Andrew Pendleton

Leading associates: Gaiben

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Justen Fleming

Practice head

Aled Davies

Other key lawyers

Andrew Pendleton; Justen Fleming; Lewis Blundell