WongPartnership wins big in Asian-MENA Counsel’s In-House Community Firms of the Year 2016
WongPartnership scooped up the most category wins in Singapore, in the Asian-MENA Counsel In-House Community Firms of the Year 2016. We were ranked as "Firm of the Year" in seven categories, including the award for "Most Responsive Domestic Firms of the Year, Singapore". These results are based solely on feedback and endorsements from over 1,000 senior in-house counsel in 12 jurisdictions across Asia and Middle East.
WongPartnership has achieved the rare feat of being awarded Top Tier rankings in the major transactional practices of Corporate and M&A, Capital Markets and Banking & Finance as well as in Dispute Resolution, in the recently released The Legal 500 Asia Pacific 2017. This is the first time any Singapore law firm has received top rankings in all these major areas of practice over the last 10 years. The guide which is one of the world's most renowned and reputable circulating legal ranking publications has for the past 28 years, provided clients with insights to the global legal market by assessing the strengths of law firms in over 100 jurisdictions and feedback from 250,000 clients worldwide.
This is the first time the Singapore Court of Appeal has issued a decision on a jurisdictional challenge concerning an investor-state arbitration. This decision is an unprecedented triumph for investors in Macau (and Hong Kong), who may potentially rely on its favourable outcome in order to take advantage of the benefits and protections accorded under the 130 other bilateral investment treaties to which the PRC is a party.
WongPartnership advised SMRT Corporation Ltd. ("SMRT") in the proposed S$1.2 billion acquisition by Belford Investments Pte. Ltd., a wholly-owned subsidiary of Temasek Holdings (Private) Limited ("Temasek"), of all the issued ordinary shares in SMRT (other than those already held by Temasek) via a scheme of arrangement. Having been listed since 2000, SMRT is the largest rail operator in Singapore. The proposed privatisation comes on the heels of the announcement by SMRT of its proposed transition to the new rail financing framework announced by SMRT and the Land Transport Authority of Singapore on 15 July 2016, and values SMRT at S$2.56 billion.
WongPartnership LLP (UEN: T08LL0003B) is a limited liability law partnership registered in Singapore under the Limited Liability Partnerships Act (Chapter 163A).