Singapore
Mayer Brown announced today (June 30) that it will extend its geographic presence in Asia by opening an office of Mayer Brown JSM, its Asian practice, in Singapore. The new office, scheduled to open later this year, will focus initially on four primary areas of legal practice: asset finance, project finance, energy and international arbitration. Elaine Y.M. Lo, chairman of the firm’s Asia Board and senior partner of Mayer Brown JSM, said the new Singapore office will enable the firm to serve clients in a market that is well positioned to capitalise on Southeast Asia’s economic growth over the next 20 years. “Singapore is the Southeast Asia regional headquarters for many of the world’s leading financial institutions and multinational corporations,” she said. “Many of our largest global clients have their regional headquarters in Singapore and others also have significant operations there.” Partner Kevin Owen will relocate from Hong Kong to lead the new Singapore office. Head of Mayer Brown JSM’s construction and engineering group, Owen handles both contentious and non-contentious construction-related matters, advising particularly on large-scale infrastructure projects. Helping him establish the new practice will be Alastair MacAulay, a banking and finance partner in the firm’s Hong Kong office, who advises on transportation projects and finance, particularly in the shipping industry. “Singapore is a global hub for asset finance, notably in the shipping and aviation sectors, and an important regional center for project finance, particularly for emerging markets in Asia and in the offshore and energy sectors,” said MacAulay. |
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