BNP Paribas law firm news

Herbert Smith, Ashurst, White & Case and Trowers & Hamlins have all played a role in advising on the world’s largest power project financing thus far this year – Abu Dhabi’s US$1.5bn Shuweihat 3 independent power plant (IPP) project. According the Herbert Smith’s lead partner on the deal, Andrew Newberry, the project is a landmark partnership between Japanese and Korean investors in a Middle East energy financing project.

On track to become the financial and commercial centre of South-West China, Chengdu's legal industry is undergoing significant changes. Most are driven by growing demand in the middle and upper market segments. ALB reports

Lawyers from Davis Polk’s Tokyo, Hong Kong and London offices worked with local Vietnamese counsel YKVN to complete a notes offering by the Government of the Socialist Republic of Vietnam.

The natural resources sector in Indonesia is heating up. Leading coal mining company, PT Adaro Indonesia, has attracted significant interest from international financiers resulting in oversubscription in both an offer of senior guaranteed notes and a bank facility.

Energy & resources is something of a barometer for lawyers and firms in Asia trying to gauge their success in overcoming the effects of the global downturn.

Chang, Pistilli & Simmons, Freehills, Mallesons and Allens have been very busy for the past eight months, acting on the APA Group's new infrastructure vehicle establishment (A$700m).

On 20 April 2007, the Government of Vietnam issued Decree 69/2007/ND-CP adjusting foreign ownership cap in local banks, under the proposal from the State Bank of Vietnam (SBV), the central bank, in a bid to improve the banking sector of the country after Vietnam's admission to WTO.

ALB is proud to announce the finalists for this year's Australasia Law Awards, which will be held at the Westin Hotel in Sydney on 15 May

White & Case, Allen & Overy and Latham & Watkins have worked in tandem to help close the groundbreaking US$2.6bn financing of the greenfield Tangguh LNG project in Indonesia.

And the finalists are...
It's that time of year again. Now in its fifth year, the ALB Hong Kong Law Awards is back and promises to be bigger and better than ever in 2006. The following pages document the official finalists - and potential winners - of this year's awards

Financial institutions worldwide are preparing for the implementation of a major new regulatory accord. ALB looks at what banks, lawyers and their clients need to know

ALB is proud to announce the finalists for this year's SE Asia Deals of the Year Awards, which will be held at the Marina Mandarin in Singapore on 2 June

Jones Day has advised Malaysian-based Tanjong on its US$312m acquisition of the Suez Gulf and Port Said East power projects in Egypt.

Bank of America Corporation's US$3bn strategic investment in China Construction Bank was the largest single foreign investment in a Chinese company and the first foreign strategic investment in one of China's 'big four' state-owned banks.

Nine Dragons Paper, China's largest container board manufacturer, successfully debuted in Hong Kong at the end of last month.

Deacons escorted Xiamen International Port Co to the HKSE at the end of last year to raise US$126m on its debut listing.

China Ting, China's largest silk apparel manufacturer and exporter, arrived on the HKSE at the end of last year.

A consortium of banks turned to Lovells for advice on a US$464m loan to a subsidiary of listed infrastructure group Hopewell Holdings.

Linklaters, Baker & McKenzie and Clifford Chance have acted on the financing of Thai satellite company Shin Satellite's US$33.8m acquisition of the Thaicom 5 satellite.

A raft of power projects across the region has brought electricity to the most remote areas of Asia. However, as Justin Whealing reports, an increasing number of environmental groups are pointing the finger at the advisers and backers behind these deals