PJS Law consolidates its position this year, after its meteoric rise in recent years. Though some market observers continue to note the effect of the passing away of founding partner David Puyat early last year, peers generally agree that this is a boutique firm on the rise....
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PJS Law consolidates its position this year, after its meteoric rise in recent years. Though some market observers continue to note the effect of the passing away of founding partner David Puyat early last year, peers generally agree that this is a boutique firm on the rise. The firm already has staunch supporters, with one saying: "We've worked with many firms in the market, but only a few are comparable to PJS Law."
A client says: "For the work the firm advised on it required a bit of thinking outside the box. Its advice has been pretty prudent and helpful."
The firm advised Steag State Power, a joint venture company of Evonik Steag, Aboitiz Power Corporation and La Filipina UyGonco Corporation, in the negotiation of its refinancing for a 232MW coal fired power plant. This transaction was closed in the final quarter of 2010 and was valued at $80 million. It is interesting to note the structure of this deal, as the refinancing replaces a nine bank international syndicate led by Unicredit, JBIC and KfW with a single Philippines bank, Banco de Oro Unibank (BDO).
A finance client says: "I highly recommend PJS Law for its effort and ability to understand our business. As a client, it is plain to see that the legal advice is not textbook but effective solutions to a real concern at a project level. The lawyers are professional at all times, and have always provided timely and relevant advice. The firm's ability to anticipate concerns and issues clearly shows that it not only has a firm grasp of the law but also understands the technical concerns of our projects."
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