IFLR1000 Reviews

Financial and corporate

K&L Gates Straits Law is the product of the 2019 combination of K&L Gates Singapore with Straits Law Practice. Key figures include partners M Rajaram, who serves as the chairman of the Singapore office, and Lian Yok Tan who acts as a practice group coordinator for the firm’s global energy, infrastructure, resources and Indonesia practice groups.

 

Focusses / specialisms

The firm boasts a diverse financial and corporate offering and also has the distinction of being one of the few international firms able to offer full-service legal capabilities on the ground in Singapore.

The integrated banking team is strong in asset finance and also has experience in providing banking and transactional services to a variety of Indian parties in the Singapore and Indian markets.

The projects team has experience advising stakeholders, including port operators, power producers, project developers, SOEs and contractors.

 

Key clients

Key clients include UCO Bank, Indian Overseas Bank, ANTAM, Taiwan Power Corporation, Indonesia Chemical Alumina and Evoqua Water Technologies.

 

Research period review: 30th edition (2019/2020)

The banking team often acted on the side of lenders across several financing transactions. The firm also advised Indian banks on restructuring their asset portfolios.

One confidential highlight on the corporate side saw the firm advise the acquirers on a high-value cross border acquisition in the oil and gas sector. 

A standout projects deal saw the firm act for Pertamina on the high-value development of a world-class naphtha cracker plant.

The firm also advised Indian banks on restructuring their asset portfolios.

During the past year, partner Glenn Cheng left the firm for Kennedys.

 

Deal highlights: 30th edition (2019/2020)

ANTAM divestment of stake in ICA

Balongan naphtha cracker plant

Indian Overseas Bank asset restructuring

Pursat 80MW hydropower plant

UCO Bank asset restructuring

 

Client feedback: 30th edition (2019/2020)

Financial and corporate

“Very detailed legal opinions with a good grasp of commercial considerations. Responsive when approached for clarifications.”

 

M&A

“Swift response and highly skilled in contract negotiation.”