Antitrust & Competition
Antitrust & Competition - Tier 1 for 3 consecutive years
Lim Chong Kin - Leading Individual for 3 consecutive years
Corinne Chew - Leading Individual for 3 consecutive years
The 'extraordinarily responsive' team at Drew & Napier LLC stands out for its 'strong relationships with the competition agency in Singapore' and its 'always hands-on and practical advice - the team can cover the full range from simple merger filing questions to complex economic analysis'. It is advising a client in relation to a CCCS cartel investigation against five capacitor manufacturers pertaining to allegations that they engaged in anti-competitive agreements that included price-fixing and the exchange of confidential sales, distribution and pricing information. The group has also been assisting a client in a market inquiry by the CCCS into the downstream petrol market in Singapore. Lim Chong Kin and Corinne Chew are 'fantastic' and 'deserve strong recognition for their client focus'. Cavinder Bull SC has extensive expertise in complex litigation with an emphasis on competition law matters such as investigations.
Banking & Finance
Banking & Finance – Tier 3
At Drew & Napier LLC Pauline Chong returned to lead the team after a spell at Royal Golden Eagle Group, replacing former department head Valerie Kwok, who retired from the firm. The 'excellent' team has maintained deal flow, particularly in acquisition financings, green financings, project financings and restructurings. The firm has close connections to all the major local banks, a number of export credit agencies (ECAs) and large corporate borrowers. It advised COSCO Shipping International on a S$350m loan from Bank of China to part finance its S$488m cash buyout of Singapore-listed Cogent Holdings, the logistics firm. Renu Menon is another key name.
Capital Markets – Tier 2 for 8 consecutive years
Drew & Napier LLC covers equity, debt and REIT offerings and has solid experience of issuances on the main board and Catalist exchanges of SGX. The team advised China Mining International on its proposed reverse takeover of CME. Kenny Kwan leads the team, having joined the firm from Allen & Overy in 2018. Petrus Huang is praised for his 'very strong background', 'industry knowledge', regulatory acumen and experience with REIT offerings. Grace Lai is another key member of the team. Former department head Sin Boon Ann is now a consultant.
Corporate/M&A – Tier 3 for 2 consecutive years
Drew & Napier LLC 's corporate practice has maintained a solid market share of public M&A and take private transactions. Clients include Sealed Air, FWD Group, Evercore Asia (Singapore) and CVC Capital Partners. The firm 'is incredibly strong in matters involving listed companies', 'is very well-coordinated, highly attentive and hands-on', with 'an exceptional ability to both anticipate issues and recommend solutions'. It advised Evercore Asia (Singapore), the independent financial adviser to the independent directors of Global Logistic Properties (GLP), on the $12bn acquisition of GLP by Nesta Investment Holdings. Steven Lo has 'a razor-sharp ability to comprehend not just the technical structure but also the commercial dynamics of a takeover' and 'can steer clients in the right strategic direction'. Experienced consultant Gary Pryke and partner Julian Kwek, who heads the Indonesia desk, are also recommended. Tan Teng Sen is 'an-up-and-coming partner' who provides 'amazing response times, a meticulous approach and an ability to work well under pressure'; he is recommended as 'a counsel of choice to investment banks and financial advisers'.
Dispute Resolution – Tier 1 for 20 consecutive years
Jimmy Yim, SC – Leading individual for 18 consecutive years
Cavinder Bull, SC – Leading individual for 11 consecutive years
Drew & Napier LLC has a high market share of big-ticket domestic and cross-border disputes. It has gained roles in a series of Singapore International Commercial Court (SICC) cases and has a significant volume of arbitration-related court proceedings. Clients include Changi Airport International, Citibank, Johnson & Johnson, Monetary Authority of Singapore, Sanofi-Aventis Singapore and Warner Brothers Entertainment. Davinder Singh SC has 'an acute eye for the
facts and their contextual setting', and has 'a strong sense of commerciality'. Cavinder Bull SC is 'smart', 'good for complex issues' and led the team that acted for ANZ Commodity Trading in a case concerning alleged fraud arising from the apparent forgery of warehouse receipts. Jimmy Yim SC also has extensive big case experience and Wendell Wong is noted for headline commercial and white-collar crime cases. Jaikanth Shankar 'cuts through complex technical
issues'. Randolph Khoo 'induces lateral thinking and alternative perspectives to many issues' and has 'an amazing ability to diffuse any tension and provide clarity to legal arguments'. Also recommended are Gary Low, who is 'sound and accurate', and Blossom Hing.
Employment – Tier 1 for 4 consecutive years
Lim Chong Kin – Leading individual for 4 consecutive years
Drew & Napier LLC 'distinguishes itself with its extensive knowledge of employment matters and the quality of its advice' and it 'provides sound business advice that can be swiftly implemented'. The team's comprehensive expertise spans both contentious and advisory matters, including employment terminations, enforcement of post-termination restrictive covenants, breaches of directors’ and fiduciary duties, and the employment aspects of corporate reorganisations. Kelvin Tan is a key name, as is Jason Chen, who 'understands complex situations very quickly'. Lim Chong Kin, Benjamin Gaw , Elizabeth Tong and senior associate Chng Hu Ping are also noted.
Intellectual Property – Tier 1 for 20 consecutive years
Tony Yeo – Leading individual for 9 consecutive years
Meryl Koh – Next generation lawyer for 3 consecutive years
Drew & Napier LLC's 'very sharp team' provides 'practical business-focused advice' on all types of IP assets including trade marks, patents, designs and copyright, ranging from the filing and protection of such assets to litigation and their commercial exploitation. It is acting for IIa Technologies in a patent infringement action commenced by Element Six Technologies (a subsidiary of the De Beers Group) against two patents relating to grown diamonds technology; the client has filed a defence and counterclaim. On the trade marks front, it successfully defended a Japan-based dairy company, Morinaga, in trade mark opposition proceedings brought by Starbucks Coffee in which it argued that Morinaga's circular logo was confusingly similar to its well-known logo. It is also undertaking high-profile work in the pharmaceutical and consumer goods sectors. Other key team members include Dedar Singh Gill, who has been appointed by the Minister of Law as Deputy President of the Copyright Tribunal; Tony Yeo, who is 'a fantastic strategist and a great litigator'; and Yvonne Tang, who is commended for her knowledge of patent law. Director Meryl Koh is noted for 'her great eye for detail, as well as an ability to see the big picture' and associate Vanessa Ho stands out for her 'ability to turn out quality work and respond promptly'.
International Arbitration – Tier 2 for 4 consecutive years
Cavinder Bull, SC – Leading individual for 7 consecutive years
Drew & Napier LLC is a Singapore dispute resolution giant with a high degree of focus on international arbitration. It has an impressive mix of investor-state, construction and engineering, and commercial cases. Clients include the government of Laos, Lagardère Sports Asia and Longzhu Oilfield Services. The team is 'the best in town' according to one client, who praises its 'business-oriented' approach, 'deep knowledge' and 'relevant experience'. It is also commended for attracting 'big-ticket items', especially arbitration-related court proceedings, with senior figures in the team handling both litigation and arbitration work. Davinder Singh SC is chairman of the Singapore International Arbitration Centre (SIAC) and is recommended for India-related cases, among others. Davinder Singh SC is chairman of the Singapore International
Arbitration Centre (SIAC) and is recommended for India -related cases, among others.Cavinder Bull SC is also recognised for Singapore-seated arbitrations, has built an impressive record in investor-state arbitrations; he is 'a great advocate in arbitration-related court proceedings', 'is smart, reasonable and fair', 'is a lethal examiner of witnesses' and 'makes a very good arbitrator'. Jimmy Yim SC is 'a super excellent lawyer', 'always provides precise and to the point advice' and 'is good at thinking out of the box'. Randolph Khoo is a go-to practitioner for China and Russia-related cases. Mahesh Rai is 'wonderfully engaging to deal with and has an incredibly relaxed manner'. Foo Yuet Min is almost exclusively focused on arbitration.
Investment Funds – Tier 3 for 3 consecutive years
Petrus Huang – Leading individual for 3 consecutive years
Drew & Napier LLC is, for one client, 'a go-to firm for all Singapore funds work' and the team is 'always responsive and commercial and can handle the straight-forward matters as well as the more complex'. Petrus Huang and Ron Cheng, who stand out for their 'experience and knowledge', are strong in all aspects of funds management and private equity transactions together with regulatory regimes and related tax issues. The group is advising Raffles Ventures Partners on a number of matters, including sub-fund issuances, capital calls and the restructuring of a number of its funds. In other work, it is advising a private equity manager on certain investments. The team is also acting for a client that intends to form and manage an umbrella unit trust. Other work includes acting for Citicorp Trustee (Singapore) on setting up retail-authorised schemes with Citicorp acting as the trustee.
Private Wealth – Tier 1 for 3 consecutive years
Drew & Napier LLC's team provides a comprehensive service to high-net-worth and corporate clients, which includes specialist tax advice, and assisting with wealth planning and preservation and the structuring of trusts. It is also skilled in areas such as the establishment of philanthropic foundations and trusts, where it is also noted for its specialist tax advice. Ong Ken Loon leads the practice. David Chee advised Temasek (as settlor of the Temasek Trust) on a restructuring of the Temasek Community Foundation, which involved streamlining the structure and tax, corporate and charitable status considerations.
Projects & Energy
Projects & Energy – Tier 2 for 8 consecutive years
Drew & Napier LLC is active in upstream and downstream oil and gas, and has a solid presence in the mining sector. The practice has an even balance of contentious and non-contentious work for clients such as employers, contractors, concessionaires and traders. It has a particularly fine track record acting for Japanese and Korean contractors. It recently advised Reignwood International on the rationalisation of its 70% share in the Opus Group, which has ordered $840m worth of drilling ships and acquired $200m worth of semi-submersible drilling rigs; Reignwood and another creditor have presented winding-up petitions against the holding company of Opus. Jimmy Yim SC and Mahesh Rai are key names on the contentious side, with Julian Kwek having an established track record in transactions.
Real Estate – Tier 2 for 3 consecutive years
Led by Geraldine Ong, the team at Drew & Napier LLC 'delivers on time and propose practical solutions'. It assists leading developers, corporate groups and financial institutions with sales, acquisitions and leasing transactions involving residential, commercial and industrial properties. Recent work includes acting for Sims Urban Oasis on its first prime residential development in the Sims area, a project that would provide housing, amenities and a commercial component. Yeong Wai Cheong is noted for his 'depth of knowledge in the real estate area' and 'incredibly organised' approach.
Restructuring & Insolvency
Restructuring & Insolvency – Tier 1 for 8 consecutive years
Sushil Nair – Leading individual for 6 consecutive years
Mohan Golapan – Next Generation Lawyer for 3 consecutive years
Drew & Napier LLC's team is 'one of the best', according to clients, especially for more complex matters. Sushil Nair and Julian Kwek are 'outstanding in developing and implementing effective and creative strategies that have produced successful debt restructurings in circumstances that seemed hopeless at the start'. Blossom Hing was part of the team representing two Humpuss Group companies in the shipping sector that faced a claim of around $110m by the liquidators of a former Singaporean subsidiary of the Humpuss Group. The matter resulted in the Court of Appeal clarifying the rules on service out of the jurisdiction of court proceedings commenced in Singapore. In other work, Mohan Gopalan is part of the team that is handling a huge, cross-border restructuring in the resources sector.
Tax – Tier 2 for 4 consecutive years
Ong Ken Loon – Leading individual for 8 consecutive years
Drew & Napier LLC handles a wide range of contentious and non-contentious work, from tax investigations to tax disputes and private wealth planning, with real estate-related tax issues a particular strength. On the contentious side the practice is active in tax disputes with the IRAS and in appeals before the tribunals and courts. It is 'very responsive, quick on the uptake and provides in-depth and relevant legal advice that works in real life'; 'its lawyers have sharp business acumen and provide commercially practical advice'. Ong Ken Loon is a 'go-to person for any tax dispute work' and particularly rated for her 'professionalism and knowledge'.
Telecommunications, Media & Technology
Telecommunications, Media & Technology – Tier 1 for 11 consecutive years
Lim Chong Kin – Leading individual for 8 consecutive years
Shawn Ting – Next generation lawyer for 3 consecutive years
Drew & Napier LLC is 'terrific – very knowledgeable in the TMT space and very responsive' and Lim Chong Kin, who leads the team, 'is a genuine subject matter expert and is also remarkably responsive and friendly'. Charmian Aw and senior associate Shawn Ting are other core members of a team that handles the gamut of TMT work including transactional, licensing and regulatory matters, outsourcing and data privacy. The group acts for global and regional telecoms, technology and media clients ranging from global corporates to start-ups. It is providing assistance to Super Sea Cable Networks, including on regulatory matters, regarding the deployment of an international submarine cable system which is expected to complete via three phases in 2021.