"In my view, they are top tier lawyers in their respective areas of practice," says a client. This firm once again retains its position in the rankings....
[more]
"In my view, they are top tier lawyers in their respective areas of practice," says a client. This firm once again retains its position in the rankings. "Clearly a top tier law firm and have handled many landmark deals for clients in the market", comments a peer.
The firm not affiliated to any international law firm but is "probably one of the best local firms in Vietnam", according to one peer. "We treat them as our trusted advisors and friends," says a client, and praises Truong Nhat Quang as a "very diligent, professional and sound advisor".
A highlight last year was the firm's advice to the lead managers BNP Paribas, Deutsche Bank and Morgan Stanley for the Rule 144A/Reg S bond issue by the PetroVietnam Group (PVN). This is the first international bond issuance by a Vietnamese corporate with the deal raising a host of complex issues under Vietnamese law including necessary approvals and waivers on securities and foreign debt management.
The team also advised BP on due diligence in regard to the Vietnamese assets sold by the company in the wake of the oil spill in the Gulf of Mexico. These energy assets were sold to TNK-BP, a Russian company in which BP was a joint venture party.
Another notable highlight was advising Vietnam's Ministry of Industry and Trade on all phases of the development of the Nghi Son II 2x600MW BOT (build-operate-transfer) coal-fired power project in central Vietnam. The project is particularly significant because the documents used will become a template for all future BOT coal-fired power projects in Vietnam.
[hide]