IFLR1000 Reviews

Financial and corporate

Product of a 2011 joint venture between a US and a domestic firm, Duane Morris & Selvam’s Singapore office plays a key role as a hub for the international firm’s regional work.

The firm’s strongest practice is capital markets. The capital markets practice has a regional focus and often acts on matters in India, Indonesia, Vietnam and Myanmar. Key sectors of activity include technology and telecommunications, oil and gas, energy, utilities, consumer goods, media and entertainment, and pharmaceuticals. The firm’s structure as a joint venture allows it to advise on both local and foreign law matters.

 

Highlights

Projects highlights include advising Sembcorp Utilities on its $250 million financing of its gas fired power plant project in Myingyan, Myanmar, the first internationally competitively tendered power project in the country and its biggest gas-fired power station to date. The deal is complex because it is the first true project-financed BOT power project deal in Myanmar, involving multiple lenders and State agencies. The project was developed at a time of significant transition in Myanmar among Government and legislative environment. 

 

Testimonials   

"Sound, practical and commercial advice. Prompt and professional." (M&A client)

"Very prompt and high-quality work product." (M&A client)

"Domain knowledge and references." (Project development client)

"DMS has very talented lawyers who are experts in the field of energy projects. They understand the local landscape and regulatory framework very well, which makes it very easy to work with them. They can navigate the complexities of both Indian and foreign regulations and legal frameworks and have a great understanding of the cultural nuances and business practices in India and cross border work. They are great at communication and collaborating well with local stakeholders. I want to specifically mention Priyank Srivastava who is s stand out partner/director and is an exceptional lawyer to work with. He is one of the rare international lawyers to have industry knowledge, both local and cross border. He is handling of complex matters in the projects sector (especially Indian) is impeccable." (Project development client)

"Personal attention, pragmatic approach, accessible at short notice, competence." (Restructuring and insolvency client)

"Their work is very good and detailed." (Restructuring and insolvency client)

 

Key clients

State Bank of India, Iceberg, Goldman Investment, Shwe Minn Gan Finance, Sembcorp Utilities, Young Investment, ONGC Videsh, CESI, Kirkham International, Parastruct Innovations, Esteem Leasing, Resona Merchant Bank Asia