"Hogan Lovells Lee & Lee's capital markets practice should make a quantum leap because of the transfer of London-based partner Andrew Carey," a practitioner said. Carey's April 2011 arrival as the head of the firm's capital markets practice indicates its growing ambition in the Asian capital markets area....
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"Hogan Lovells Lee & Lee's capital markets practice should make a quantum leap because of the transfer of London-based partner Andrew Carey," a practitioner said. Carey's April 2011 arrival as the head of the firm's capital markets practice indicates its growing ambition in the Asian capital markets area.
Before Carey's arrival, senior associate Yvette Abel had an active year, participating in no less than four highlight capital markets transactions. In the most complex, Abel, along with associate Ryan Spence, represented Titanium Developments and Unigold China in restructuring $151 million fixed rate equity bonds due 2008, issued by Sulfindo Finance, a subsidiary of Indonesian company PT Sulfindo Adiusaha. The complex restructuring of the bonds ultimately resulted in new bonds of the same principal amount due 2013.
In another landmark deal, Abel advised the Bank of New York Mellon, which was acting as trustee, paying agent and transfer agent, regarding the issuance of $300 million 3.625% unsecured convertible bonds due 2015 by Paladin Energy.
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Hogan Lovells Lee & Lee has substantially increased the capabilities of its banking practice in the last year. Andrew Carey moved from the London office to Singapore, while Philip Robb was seconded to the Singapore office in 2010....
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Hogan Lovells Lee & Lee has substantially increased the capabilities of its banking practice in the last year. Andrew Carey moved from the London office to Singapore, while Philip Robb was seconded to the Singapore office in 2010. Though well-regarded partner Ken Hawkes has left the firm, James Harris, a partner and the head of the firm's Singapore corporate practice, remains a force in the market.
Harris is advising Asian Development Bank in a $40 million financing transaction for Sarikat SESCO Berhad to construct a 275kV transmission infrastructure in Malaysia, specifically from Sarawak to West Kalimantan Link.
In another financing transaction, senior associates Yvette Abel and Lawrence Low acted for Standard Chartered Bank, Citibank, swap providers and facility agent on the financing for a 600 MW GN power project in the Philippines. The financing was worth $800 million.
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Hogan Lovells Lee & Lee has acted on a number of large M&A transactions this year throughout Southeast Asia. Partners Brad Roach and Stephanie Keen, the head of the firm's corporate and M&A practice, advised PT Medco Energi Internasional in all legal matters regarding its $2....
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Hogan Lovells Lee & Lee has acted on a number of large M&A transactions this year throughout Southeast Asia. Partners Brad Roach and Stephanie Keen, the head of the firm's corporate and M&A practice, advised PT Medco Energi Internasional in all legal matters regarding its $2.8 billion Donggi-Senoro LNG project, located in Central Sulawesi, Indonesia. One of the matters was the sale of a $260 million 20% participating interest in the Senoro-Toili Block Production Sharing Contract, which was acquired by Mitsubishi.
Keen also advised IRF European Finance Investments, a listed company on LSE's Specialist Funds Market, regarding its acquisition of 13% shares in Marfin Investment Group, a Greek bank listed on the Athens Stock Exchange.
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"I think they can be innovative, conservative and aggressive. Hogan Lovells Lee & Lee's real value is that its lawyers recognize what the client needs at the time," a client says....
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"I think they can be innovative, conservative and aggressive. Hogan Lovells Lee & Lee's real value is that its lawyers recognize what the client needs at the time," a client says. The firm's noted project finance practice holds steady in the rankings because of its prominent deals and strong client feedback.
Peers are not worried about the impact of the departure of noted partner Ken Hawkes. "Ken Hawkes is a significant loss, but managing partner James Harris was the firm's claim to fame even before Ken. He single-handedly maintains the firm's standing," a practitioner notes.
To offset Hawkes' departure, the firm has transferred partner Philip Robb from its London office, and Alex Wong has been promoted to the partnership.
The firm, led by Harris and Wong, has advised the Singapore Sports Council regarding the Sportshub project, the largest public-private partnership (PPP) in Asia. The Sportshub project involves redeveloping Singapore's National Stadium and required S$1.8 billion ($1.37 billion) provided by 11 banks.
Harris and Wong are also part of the Singapore team advising the National Development and Innovation Committee regarding a greenfield development and construction of a mega-industrial park in Sainshand, Mongolia. It will include a cement plant, coke plant, iron pellet plant, oil refinery plant and power plant, among others, and will require over $10 billion in investment. Other partners involved include Michael Aldrich, who is based in both Mongolia and Beijing.
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