The Singapore office of Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it advised on the high profile Korea Gas Corporation (“KOGAS”) refinancing for three 2000 built LNG carriers. The 135,000 cbm built LNG carrier “Hanjin Sur” is on bareboat charter to Hanjin Shipping Co., Ltd, the 135,000 cbm built LNG carrier “SK Supreme” is on bareboat charter to SK Shipping Co., Ltd. and the 135,000 cbm built LNG carrier “Hyundai Cosmopia” is on bareboat charter to Hyundai Merchant Marine Co., Ltd. All three LNG carriers are operating under long term contracts of affreightment with KOGAS.

More >>

The Singapore office of Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Nellan ApS (“Nellan”) on the acquisition of a Singapore-incorporated subsidiary of Nordic Tankers A/S earlier this year.

More >>

International business law firm Lawrence Graham LLP has hired widely-respected trusts partner Zac Lucas.

More >>

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it has advised Thailand’s Precious Shipping Public Company Limited in connection with the order by two special purpose joint venture companies (the “Companies”) of two 20,000 dwt cement-carrying bulker carriers at China Shipbuilding & Offshore International and Shanhaiguan New Shipbuilding Industry

More >>

Stamford Law is advising SGX Mainboard-listed Petra Foods Limited in respect of its sale of its cocoa ingredients division to Swiss Exchange-listed Barry Callebaut, for a cash consideration of approximately US$950 million. Petra Foods’ cocoa ingredients division is one of the world’s largest suppliers of cocoa ingredients to the food and beverage industry and comprises of six cocoa ingredients processing facilities (located in Indonesia, Malaysia, Thailand, Brazil, Mexico and Germany) and one cocoa butter factory (located in France).

More >>

Shearman & Sterling is advising Singapore Airlines in the sale of its 49 percent stake in Virgin Atlantic to Delta Airlines. Delta will invest $360 million in Virgin Atlantic, acquiring the 49 percent stake currently held by Singapore Airlines. Virgin Group and Sir Richard Branson will retain the majority 51 percent stake.

More >>

Singapore law firm, Cavenagh Law LLP, and leading international law firm, Clifford Chance, have established a Formal Law Alliance (FLA). The FLA allows the two firms to provide the broadest range of Singapore and international law service available in the market, including local litigation advice, from one platform – “Clifford Chance Asia”.

More >>

The global law firm Jones Day has announced that Michelle Chen has joined as a partner in the Banking & Finance Practice. Formerly a partner with Herbert Smith, Ms. Chen will be based in the Firm’s Singapore Office.

More >>

Herbert Smith Freehills LLP has acted for Gemshine Investments (S) Pte Ltd (Gemshine) in its acquisition of Compass Point mall, which completed on 20 November 2012. Compass Point is a 5 storey strata-titled suburban mall in Sengkang, Singapore, with a net lettable area of 269,546 sq ft. The acquisition involved shares and debt for a purchase price of S$519 million.

More >>

Global law firm White & Case LLP has advised Nestlé Health Science S.A., a fully owned subsidiary of Nestlé S.A., on a 50/50 joint venture with Chi-Med Group, a pharmaceutical and healthcare group listed on the London Stock Exchange (AIM).

More >>