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DEBT AND COPORATE RESTRUCTURING / MERGERS AND ACQUISITIONS
About Julian
Julian was called to Bar of England & Wales in 1995 and was admitted to the Singapore Bar in 1996. He joined Drew & Napier LLC in January 2000 and was made a Director in May 2005. He is presently Head, Indonesia Desk and Co-Head of the Corporate Insolvency and Restructuring Practice Group.
Chambers Asia 2010 has described Julian as a “market-leading name” and someone who “comes up with creative and effective strategies, and if they are on the other side you know you can work together to find a sensible solution,” as well as “ the person to turn to for China work, where his fluent Mandarin is put to good use.”
IFLR 1000: Guide to World’s Leading Financial Law Firm 2010 has described Julian as "very responsive and focused on their clients' needs," and “extremely good at the law, very commercial and have an excellent attitude towards work and responsibilities. They are available 24/7 when instructed."
Chambers Asia 2011 has ranked Julian as a Band 1 Individual and commented that Julian displays a great ability to negotiate with Chinese clients and that he is “exceptionally smart, aggressive and creative in dealing with complex legal issues,”.
IFLR 1000: Guide to World’s Leading Financial Law Firm 2011 has described Julian as " very bright and his knowledge is excellent. He is also well-versed in Indonesian law and can provide insight on the Indonesian perspective of the transaction due to his extensive experience in cases involving Indonesian companies." and " are hard-working, intelligent and creative and consistently provide first-rate services,".
Areas of Practice
Julian’s practice is focused on corporate finance work with an emphasis on cross-border mergers & acquisitions, joint ventures, private equity, debt work-outs and corporate restructurings. Julian’s recent transactional experience includes:
Mergers & Acquisitions/Corporate
- Advised the Dombas Mas Group on the sale of its oleochemical plants to Bakrie Sumatera Plantations. The sale required the restructuring of debt in excess of US$800 million held by various financial institutions, and a US$2 billion off-take arrangement with Proctor & Gamble.
- Advised on the sale and acquisition of various palm oil plantations.
- Advised a leading Singapore retailer in the share restructuring of its Indonesian retail operations. The Indonesian retail operations are set up as a joint venture with two other Indonesian conglomerates.
- Advising on the restructuring and acquisition of a substantial stake in a privately-held Indonesian pharmaceutical group and the subsequent joint venture between the foreign investor and the original Indonesian shareholders.
- Advising on the restructuring and acquisition of a substantial stake in a privately-held Indonesian packaging group and the subsequent joint venture between the foreign investor and the original Indonesian shareholders.
- Advising certain foreign and Indonesian parties on the establishment and development of a hotel group in Indonesia.
- Advised various Singapore parties in their multi-million dollar acquisition of the entire share capital of an Indonesian company involved in the paper & pulp industry. Subsequent to the completion of the acquisition, Drew & Napier also advised on the restructuring of debt obligations in excess of USS100 million.
- Advised on the joint venture between a major Japanese airline and its Indonesian counterpart.
- Advised one of the largest Indonesian travel operators on its corporate expansion and development of new business including the raising of venture capital.
- Advising an Indonesian state-owned financial institution on its divestment and expansion exercise involving foreign financial institutions.
- Advised one of the largest Indonesian public-listed cable television companies with respect to an investment by major private equity fund.
Mining/Natural Resources
- Advised on the acquisition and disposal of various mining concessions in Indonesia
- Advised on various exclusive off-take agreements, royalty agreements, joint operation agreements with respect to mining areas in excess of 100,000 hectares in Indonesia in 2010 alone.
- Advised on various mineral trading agreements with respect to the sale and supply of minerals aggregating millions of tones from Indonesia.
- Advised the Sawit Mas Group on the disposal of its palm oil plantations in Indonesia. The sale involved the restructuring of various debt and hedging obligations valued in excess of US$500 million.
- Advised a leading public-listed palm oil refinery on acquisition of land in Indonesia.
Debt Work-Outs & Corporate Restructuring
- US$14 billion debt work-out and corporate restructuring of the Asia Pulp & Paper group of companies (“APP Group”). The APP Group is one of the largest pulp and paper manufacturers in the world. Its primary operating companies are based in China and Indonesia, and it has more than 250 subsidiaries worldwide. The APP Group’s debt securities are registered primarily with the New York SEC and its equity securities are quoted on the Singapore, Jakarta and Surabaya exchanges.
- US$2 billion debt restructuring for a Fortune 500 company.
- US$1 billion debt work-out and corporate restructuring of a major shipping company.
- US$800 million debt work-out and corporate restructuring of the Domba Mas group.
- US$500 million debt and corporate restructuring for an Indonesian agricultural group.
- US$300 million debt and corporate restructuring for an Indonesian power generaration group.
- Debt and corporate restructuring of Fibrechem Technologies Ltd, a PRC group that is listed in Singapore.
- Corporate restructuring of China Energy Limited, a PRC group that is listed in Singapore.
- Corporate restructuring of China Hongxin Limited, a PRC group that is listed in Singapore.
Appointments / Memberships
- Member of the Law Society of Singapore
- Member of the Singapore Academy of Law
- Member of the Honourable Society of The Middle Temple
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