Sidley lawyers have been working on transactions involving the Philippines for many years. It is an important part of our Southeast Asia practice. Lawyers in the Firm’s Hong Kong and Singapore offices collaborate closely with colleagues in the United States and the United Kingdom to service the business needs of Philippine clients or companies that have operations in the Philippines, in their regional and international cross-border transactions.
Our lawyers are familiar with conducting business transactions involving entities in the Philippines and several of our lawyers were initially qualified and practiced in the Philippines. In addition, several of our lawyers are fluent in Tagalog, the national language of the Philippines.
We have worked on matters involving the Philippines across a wide range of practice areas, including capital markets, mergers and acquisitions, corporate finance, investment funds transactions and dispute resolution.
Most recently, Sidley represented GT Capital Holdings, Inc., a leading Philippine conglomerate, in its US$503 million initial public offering, one of the largest IPOs ever in the Philippines. The firm also represented Petron Corporation and San Miguel Corporation in connection with the financing of their US$577.3 million acquisition of ExxonMobil’s downstream oil business in Malaysia. We also represented Robinsons Land Corporation in its Php13.6 billion stock rights offering of common shares listed with the Philippine Stock Exchange which was one of the largest transactions of its kind on the Philippine Stock Exchange.
We are also actively involved with establishing dedicated Philippine-focused private equity investment funds and other alternative investment fund arrangements. In addition, our lawyers are currently representing a client in a dispute between one of the largest Philippines companies and a Korean company in an international arbitration conducted under the aegis of the International Chamber of Commerce involving contract and business tort claims in the solar energy industry. In circumstances where local law advice is required, we work with leading domestic counsel, many of whom are leaders in their field.
Our team includes lawyers who are ranked as leading individuals in their fields by such industry publications as Chambers Asia Pacific and IFLR 1000.