Banking & Finance: International
Global Guide 2024 : Singapore
Band 2
Email address
[email protected]Contact number
+65 6428 2400Chambers Review
Milbank is an active US law firm best known for its involvement in complex transactions, advising a range of international banks and leading alternative capital providers, corporate borrowers and private equity funds. The team's prominent areas of expertise include project, acquisition and revolving credit finance. Practitioners advise clients from the energy and mining sectors. It is especially known for its leading Indonesia practice, with further experience across the region, including in the Philippines. Milbank counts DBS, PT Amman Mineral Nusa Tenggara and Adaro Energy among its clientele.
Milbank regularly advises clients on Indonesia-related matters, including acquisition finance, refinancings and project finance. It often advises on deals in the natural resources sector and acts in equal measure for both Indonesian and foreign entities. For example, Milbank acted for Amman Mineral Nusa Tenggara on a senior secured term loan facility entered into with a number of regional commercial banks. David Zemans is the firm's key contact for Indonesia work.
Work Highlights
- Milbank advised PT Saptaindra Sejati as borrower in connection with a USD350 million term and revolving facilities agreement.
Strengths
Provided by Chambers
"Milbank's ability to comprehend complex situations is one of the reasons I like to engage with the Singapore team; handling complex cases in Asia is facilitated by Milbank's in-depth knowledge of local regulations."
"The Milbank team have been able to utilise their experience to deliver mutually beneficial compromises in a multitude of negotiations, which underlines their ability to balance the critical commercial and legal aspects of a particular transaction."
"We are very pleased with the transparency that Milbank provided to us. They were transparent about their fees and provided clear estimates for the work that needed to be done. Throughout the process, they were diligent about tracking their time, and were efficient in their work and always looked for ways to minimise costs without sacrificing quality."
"Milbank's ability to comprehend complex situations is one of the reasons I like to engage with the Singapore team; handling complex cases in Asia is facilitated by Milbank's in-depth knowledge of local regulations."
"The Milbank team have been able to utilise their experience to deliver mutually beneficial compromises in a multitude of negotiations, which underlines their ability to balance the critical commercial and legal aspects of a particular transaction."
"We are very pleased with the transparency that Milbank provided to us. They were transparent about their fees and provided clear estimates for the work that needed to be done. Throughout the process, they were diligent about tracking their time, and were efficient in their work and always looked for ways to minimise costs without sacrificing quality."
Notable Practitioners
David Zemans maintains a leading reputation, largely for his project financing and restructuring expertise. He regularly represents borrowers and is also well versed in taking on mandates for lenders. He has extensive experience on Indonesian mandates.
"David is a long-time veteran in the Asian legal circles and has distinguished himself over the years with impeccable client service levels and excellent commercial knowledge of Asian markets."
Jacqueline Chan is active on acquisition and property financing and refinancing. She is particularly known for Indonesia-related mandates.
"Jacqueline provides excellent customer service and is a good deal-maker and negotiator. She is particularly helpful in charting the right balance between conservatism and flexibility."
"She is very reliable in terms of content and timelines. She is an excellent lawyer with a very good commercial understanding."
James Orme often advises clients on various forms of financings in the energy and natural resources sector. He acts for lenders and borrowers, with particular expertise in Indonesia-related mandates.
"James has a tremendous eye for detail when reviewing legal documentation, excellent interpersonal skills which allow him to steer difficult negotiations in an adroit fashion, and best-in-class knowledge about structuring standards that he utilises to deliver high-quality advice to his clients."
"He has a deep understanding of our business and the industry in which we operate."
Ranked Lawyers at
Milbank LLP
Singapore