Editors Reception and Awards Tokyo

The Chambers Editors' Reception offers distinguished networking opportunities with ranked lawyers and clients. This evening will also see awards given to top rankings firms and individuals from the region.

Date: Tuesday 26 February 2019

When: 16.00 - 18.30

Chambers Asia - Pacific
Japan Awards - Shortlists 2019

Corporate

Anderson Mori & Tomotsune
Baker McKenzie
Mori, Hamada & Matsumoto
Morrison & Foerster LLP/ Ito & Mitomi
Nagashima Ohno & Tsunematsu
Nishimura & Asahi
Shearman & Sterling

National Firm: Nagashima Ohno & Tsunematsu
International Firm: Morrison & Foerster LLP/ Ito & Mitomi

Nagashima Ohno & Tsunematsu

One of the leading local firms in Japan, Nagashima Ohno & Tsunematsu stands out for its excellent corporate practice, with a department that has maintained its top rankings this year and is regularly involved in the highest-profile deals in the country. The practice focuses on sophisticated domestic and international transactions for clients including Fujifilm, Danone, General Electric, and Sumitomo Heavy Industries, among others. In a work highlight, the firm advised Bain on the USD18 billion acquisition of Toshiba Memory from Toshiba Corporation by K.K. Pangea, a special purpose acquisition company formed by a Bain Capital-led consortium. Another example of the department’s impressive work includes acting on the global restructuring of Takata and the sale of its global assets and operations to Key Safety Systems.

Morrison & Foerster LLP/ Ito & Mitomi

International firm with a strong local and international practice, Morrison & Foerster LLP/ Ito & Mitomi is recognised for its robust team of skilled lawyers who are involved in complex transactions, focusing on cross-border deals between the US and Japan. The team especially excels at advising clients from the technology sector, with household names such as SoftBank, Toshiba, Hitachi, TDK and Fujitsu as part of its client roster. The department represented Toshiba Corporation in the USD18 billion sale of its wholly-owned subsidiary Toshiba Memory to a consortium led by Bain Capital. Besides acting on sales and acquisitions, the firm is active on multiple investments and the creation of joint ventures, often liaising with its vast international network to provide a seamless service.Finance

Finance

Anderson Mori & Tomotsune
Baker McKenzie
Clifford Chance
Mori, Hamada & Matsumoto
Linklaters
Nishimura & Asahi
White & Case

National Firm: Mori, Hamada & Matsumoto
International Firm: Clifford Chance

Mori, Hamada & Matsumoto

Highlighted for its deep bench of prized corporate practitioners, this ‘Big Four’ firm is a top choice for complex financing transactions. The team is regularly involved in large acquisition financing, corporate and syndicated loans, also helping clients to navigate smoothly through regulatory issues. LBO and real estate financing are additional key areas of practice. Client roster is comprised of Japanese banks and international financial institutions as well as private equity powerhouses, with some of the names including leading corporates such as The Bank of Tokyo-Mitsubishi, Mizuho Bank and Sumitomo Mitsui Banking. In one work highlight, the team acted for KKR on the acquisition and leveraged financing valued at JPY370 billion of all the outstanding shares of Calsonic Kansei.

Clifford Chance

Clifford Chance demonstrated outstanding capabilities in its finance department, with a renowned team of bengoshi lawyers dealing with the most complex local and cross-border transactions, supported by its international practitioners and vast network of offices across the globe. Work includes acting on a wide variety of matters spanning acquisition finance, credit facilities, refinancing and asset financing, with aviation finance being a niche area of practice. The department is also highlighted by clients for its deep expertise, quality of work and impeccable client service. Recent examples of its varied work include advising BOC Aviation on the leasing and delivery of three Airbus A320-214 aircraft to ANA, as well as representing Comcast NBCUniversal in the borrowing of JPY450 billion by Universal Studios Japan for Comcast’s purchase of its remaining 49% ownership from its partners and the repayment of the existing loan to Universal Studios Japan.

Projects & Energy

Allen & Overy Gaikokuho Kyodo Jigyo Horitsu
Anderson Mori & Tomotsune
Milbank, Tweed, Hadley & McCloy LLP
Mori, Hamada & Matsumoto
Latham & Watkins Gaikokuho Joint Enterprise
Nagashima Ohno & Tsunematsu
Nishimura & Asahi

National Firm: Mori, Hamada & Matsumoto
International Firm: Allen & Overy

Mori, Hamada & Matsumoto

Market-leading Japanese firm Mori, Hamada & Matsumoto’s projects and energy practice excelled this year, having acted on numerous project financings and development matters for high-profile banks, as well as M&A and funds work for prominent energy corporates, with a growing focus on renewable energy projects. The team is recognised by clients and peers alike for its outstanding management of complex local and cross-border multi-billion yen projects. In one work highlight, it advised JERA, a joint venture between Tokyo Electric and Chubu Electric, on the construction and project financing transaction of a coal-fired plant for thermal power generation, valued at JPY127 billion. The team also represents clients such as Mizuho Bank, Resona Bank, Banpu Power, SB Energy and the Development Bank of Japan.

Allen & Overy

Allen & Overy remains a top client choice for projects and energy work, focusing on complex transactions where its strong global footprint translates into cross-border, impressive matters that are handled by the Japan office, with support from its extensive network of offices. The team acts on the financing and development of LNG, power and mining projects around the world, for notable clients such as JBIC, Mitsubishi, Sumitomo, China Development Bank and EBRD. It acted for the lenders and ECAs, among them Bank of China and ICBC, on the USD8 billion financing and development of the Mozambique-based Coral South FLNG project. The department is also renowned for its activity on solar and offshore wind projects.

Dispute Resolution

Anderson Mori & Tomotsune
Nagashima Ohno & Tsunematsu
Herbert Smith Freehills
Morrison & Foerster LLP/ Ito & Mitomi
Orrick, Herrington & Sutcliffe LLP
Nishimura & Asahi

National Firm: Nagashima Ohno & Tsunematsu
International Firm: Herbert Smith Freehills

Nagashima Ohno & Tsunematsu

Nagashima Ohno & Tsunematsu’s disputes practice is praised by for its international approach to matters and Japanese-English bilingual advice. Highly proficient in both litigations and arbitrations, it represents stellar clients in tax, financial and employment issues, with a focus on acting for companies from the construction, energy and manufacturing sectors. Clients highlight its impressive detail-oriented practice and technical knowledge. In one work highlight, the firm is acting for a consortium of leading banks on a lawsuit before the Tokyo District Court against Olympus for damages incurred by Olympus’ filing of false financial reports and subsequent decrease of share price. It also represents clients such as Samsung, SECOM, Merrill Lynch and IBM.

Herbert Smith Freehills

Outstanding international disputes firm Herbert Smith Freehills maintains a market-leading practice in Japan, where it represents major key players in arbitrations under various rules, also providing state-of-the-art advice on alternative dispute resolution methods. High-value investigations and compliance issues, contractual disputes and those arising from distribution arrangements are also part of its acclaimed practice. Sectors advised include TMT, life sciences and energy, with a focus on multi-jurisdictional matters, often with elements in the Middle East. In one work highlight, the team advised a Japanese metals supplier on sanctions risks arising from its proposed participation in a competitive bid to supply materials in relation to an oil and gas development project in the Middle East.

Client Service Firm of the Year

Anderson Mori & Tomotsune
Clifford Chance
Morrison & Foerster LLP/ Ito & Mitomi
Nagashima Ohno & Tsunematsu
Oh-Ebashi
TMI Associates

Clifford Chance 

With top rankings across multiple areas in Japan including capital markets, real estate, projects & energy and banking & finance, among others, Clifford Chance demonstrated this year a consistently high level of client service with outstanding feedback received. Praised not only for its international and domestic impressive work, the firm is also regularly singled out by clients as a top service provider. Among the numerous exceptional comments provided by interviewees, one client reports: “The service is of extremely high quality and responses are speedy,” adding: “They understand well the needs of the client and provide advice and responses which are extremely helpful. Its service gave us peace of mind.”