As one of the largest law firms in Thailand,
Baker McKenzie is a household name in the Thai legal market and excels in all transactional matters. The firm is located in Bangkok.
The firm provides high-quality advice across all practice areas.
The banking and finance team is experienced in an array of matters, including acquisition financing, project financing, loan facilities, corporate financing and aircraft leasing deals.
The firm’s renowned capital markets practice stands out, particularly in terms of its derivatives and structured finance work and boasts the largest market share in structured products transactions in Thailand.
In M&A, the firm focuses on consumer goods, energy and infrastructure, mining, banking and financial services, healthcare, hospitality, industrials and manufacturing, and technology and telecommunications.
The firm has a historically strong projects practice with a key focus on PPPs.
The firm’s restructuring team advises a wide range of clients such as debtors, creditors, liquidators, government entities and plan administrators.
Notable clients include
Siam Commercial Bank, Krungthai Bank, Kiatnakin Bank, DBS Bank, Bank of Julius Baer, UOB Thai, Goldman Sachs, CP Group, Ananda Development, RATCH Group,
Thaioil, Boon
Rawd Brewery and IRPC.
Client feedback: 32nd edition (2022/2023)
"Baker McKenzie Thailand
capital markets’
team has a great reputation in industry.
In particular,
this team contributes a great effort in dealing with authorities and official members. Not only do they provide a suggestion, but also, they provide an option or solution for us. "
"The Baker McKenzie team has a deep understanding of our business and industry, relevant regulatory issues and key commercial issues. Their advice was sound and insightful."
Established in 2015, Kudun & Partners has quickly risen in prominence in the financial and corporate space and is especially well known for its strong capital markets and restructuring and insolvency teams. The firm set up the first dedicated China business unit in an independent Thai firm. It is also notably Thailand’s exclusive member of the World Services Group.
Focusses / specialisms
The banking team acts for domestic and foreign clients in their roles as lenders and borrowers.
The capital markets team has expertise in matters such as IPOs, derivatives, high yield debt, and secondary and follow-on offerings.
The M&A team caters to clients across the full spectrum of corporate and M&A mandates.
The projects team has the capability to advise on domestic mandates as well as across the region and has a particular focus on the renewables space.
On the restructuring front, the firm advises across a range of matters, including corporate restructuring, debt restructuring and the acquisition of distressed assets.
Key clients
Key clients include One Asset Management, NForce Secure, JKN Global Media, Thisshop, TRV Rubber Products, Prosper Engineering, Taokaenoi Food & Marketing, Yong Concrete and King Gen.
Research period review:
33rd edition (2022/2023)
The banking team recently advised a mix of borrowers and lenders on several financing transactions, including project financing.
The capital markets team was busy advising issuers on an array of mandates, including IPOs and share offerings and secondary share offerings.
In corporate matters, the firm was active on private acquisitions, public acquisitions, asset acquisitions, joint ventures and divestments.
On the projects front, the firm was mostly active in energy projects. The firm was also active advising creditors on restructuring mandates.
During the review period, the corporate and M&A team welcomed partner and head of permits and licensing, Thanyaluck Thongrompo from PKF Tax and Consulting Services (Thailand).
Deal highlights:
33rd edition (2022/2023)
Apollo Global Management’s 100% equity and debt investments.
Energy Absolute’s 100% investment in E Transport.
PTT Saving and Credit Cooperative’s restructuring.
Yong Concrete’s IPO.
Client feedback: 33rd edition (2022/2023)
Capital markets
“They work closely with our IT development team to catch up with the rapid changes of the SEC regulation toward the challenging time. I really appreciate KAP for the fast response and always preparing a constructive comment against the SEC opinion.”
Financial services regulatory
“Their experience and knowledge about the payment industry can be valuable in assisting our company.”
Investment funds
“Outstanding grasp and execution of English documentation to international standard.”
M&A
“Response relatively quick to any queries/advisory needed using available form of communications and provide sound legal advice on the legal issues with potential solutions.”
“They are familiar with the type of work. Responsive and quick turnaround.”
Project development
“They can specify clearly for definitions and conditions on IP issue.”
Restructuring
“Eagerness; olutions provider; ard-working.”
Peerasanti Somritutai
“Knowledgeable, esponsive and imely.”
Teerachai Boonyaratgalin
“He possesses a service-oriented mindset and is capable of providing introductory advice, with a good understanding of the client's needs.”
Koraphot Jirachocksubsin
“Koraphot is a rising star in the field of TMT and digital assets. He has extensive knowledge of the industry. He has no qualms about sharing his knowledge with other parties involved in the same transaction so that they can see the same picture as him and ultimately achieve the deal's goal. He is also attentive to his client's needs and initiates excellent practical solutions to move the transaction forward.”
Chai Lertvittayachaikul
“Great communication and involvement. Skilled negotiator. Responsive turnaround.”
Songpol Pirunsarn
“Be calm and give good advice.”
Troy Schooneman
“Pleasant to work with, service0oriented and a team player.”
Yanin Sirilak
“Well-researched and in-depth advisory.”
Peerasanti Somritutai
“Ability to manage foreign institutional investors seamlessly.”
Kudun Sukhumananda
“Solutions-oriented and responsive.”
Thitawan Thanasombatpaisarn
“Approachable, friendly and willing to help. Her knowledge of capital markets is outstanding. You can ask her any questions and she can answer immediately.”
“She is a good capital markets lawyer with excellent analytical and problem-solving skills. I require her to provide strategic advice to clients on a wide range of capital markets issues, such as securities offerings, regulatory compliance, disclosure requirements and corporate governance, which she does incredibly well.”
Thanyaluck Thongrompo
“Structured timeline is provided for any assignment, clear and concise documents required.”
Kom Vachiravarakarn
“Meets basic requirements in service provided, as expected.”
Kongkoch Yongsavasdikul
“Highly responsive and flexible. Good attitude and demeanour.”
With an office in Bangkok since 1991, Mayer Brown is best known for its strong restructuring and insolvency practice. The firm sits on the panels of several international financial institutions including Standard Chartered Bank, BNP Paribas, HSBC, China Development Bank and ANZ.
The firm represents all types of stakeholders across the full spectrum of restructuring and insolvency matters such as liquidations, bond restructurings, and multi-bank workouts.
Sectors of focus include construction and materials, mining and natural resources, industrials and manufacturing and banking and financial services.
The firm acts for big names such as Lone Star, Bain Capital, CIMB, and Standard Chartered.
During the research period, the firm was primarily active for financial institutions on several confidential mandates such as debt restructuring, rehabilitations, and acquisitions of loans.
Regional player
Tilleke & Gibbins has been headquartered in Bangkok since 1890. The firm offers unparalleled legal representation in the areas of commercial transactions and M&A, corporate services, dispute resolution and litigation, and intellectual property.
The firm is strongest in M&A and project development and performs consistently in banking and finance, capital markets and restructuring and insolvency.
In banking work, the firm advises local and foreign banks, securities brokers and dealers, investment firms and financial institutions across the gamut of financial instruments.
The capital markets team has extensive experience advising on debt and equity transactions and regulatory compliance. The firm often acts on primary and secondary listings on both domestic and foreign exchanges.
The corporate team’s experience covers a range of sectors such as technology and telecommunications, industrials and manufacturing, logistics, real estate, pharmaceuticals and agriculture.
The projects team often advises contractors and financial institutions on projects in Thailand and across the region. Types of work include advising on power-sharing agreements, EPCs, regulatory compliance and PPPs.
Notable clients include Bain Capital Private Equity, BlackRock, First State Investments, M&G Prudential, Merian Global Investors, Morgan Stanley, Weiss Asset Management and XTB International.
Client feedback: 32nd edition (2022/2023)
Financial services regulatory
"They have provided sensible and commercial regulatory advice."
"Very proactive in bridging Thai and foreign requirements."
