Duane Morris & Selvam LLP
Asia-Pacific Guide 2024
About
Duane Morris & Selvam LLP
Chairman: Leon Yee
Managing Directors: Arfat Selvam, Sarbjit Singh Chopra
Number of partners: 13
Total number of lawyers in Singapore: 34
Languages: Bahasa Indonesia, Burmese, Cantonese, English, German, Hindi, Korean, Malay, Mandarin, Punjabi, Shanghainese, Spanish, Vietnamese
Firm Overview:
Duane Morris & Selvam LLP is a Singapore-based strategic joint venture law firm, consisting of Philadelphia-based Duane Morris LLP and Singapore-based Selvam LLC. The firm serves a wide range of premier clients throughout Asia and foreign companies conducting business in Asia and beyond. The firm has a presence in the key markets of Southeast Asia, including Singapore, Hanoi, Ho Chi Minh City as well as offices in Shanghai and Yangon. Supporting these regional offices, the firm operates a series of country desks for India, Indonesia, Korea and Japan, as well as an alliance in Sri Lanka.
Together, Duane Morris & Selvam has over 900 highly skilled and committed lawyers in 28 offices across the United States, Europe, the Middle East and Asia. The firm has strong multi-disciplinary expertise across a wide range of legal services.
In the area of FinTech & Blockchain Technology space, Duane Morris & Selvam assists Independent Reserve in obtaining their first “in-principle approval” from the Monetary Authority of Singapore (MAS) to operate as a regulated provider of Digital Payment Token services in Singapore.
The firm is regularly ranked among the region’s leading law firms by Chambers & Partners, other international legal publications.
Main Areas of Practice:
- Banking & Finance
- Capital Markets
- Corporate Commercial
- Dispute Resolution
- Energy, projects & Infrastructure
- FinTech & Blockchain Technology
- International Arbitration
- Intellectual Property
- Investment Funds
- Labour & Employment
- Mediation
- Mergers & Acquisitions
- Private Client
- Private Equity & Venture Capital
- Real Estate
- Technology, Media & Telecommunications (TMT)
Banking & Finance:
The firm offers experienced and comprehensive business and legal guidance for clients and support them with complex transactions and financings such as cross-border syndicated lending, leveraged & acquisition finance, debt restructuring, real estate financing, project financing, mezzanine financing, divestments, hive-offs and spin-offs.
Contact: Leon Yee
Corporate/M&A:
The firm advises early-stage and mature companies on a wide variety of corporate and commercial matters, from planning and structuring to negotiating, documenting and implementing the transaction. Lawyers are involved in large and high-profile M&A transactions in Singapore and throughout the region.
Contact: Leon Yee
Capital Markets:
The firm provide a comprehensive range of services to assist on listings and offers of securities in Singapore, from the initial restructuring of companies to seeking relevant approvals from the Singapore Stock Exchange and the Monetary Authority of Singapore. The firm also advises on Rule 144A and Regulation S global offerings, and US-registered offerings, of equity and debt securities, including liability management exchange offers, tender offers, consent solicitation transactions and complex debt restructurings. The firm’s three US capital markets partners in Singapore combine broad global training with deep Asian experience and have advised on over 175 debt and equity capital markets transactions with over US$50 billion raised in aggregate.
Contact: Jamie Benson
International Arbitration/Dispute Resolution/ Mediation:.
The firm’s disputes practice offers clients a broad range of assistance in both domestic and international arbitration matters, including matters at SIAC, ICC, LCIA and UNCITRAL. The Singapore law entity, Selvam LLC, handles all Singapore law dispute matters, including a wide range of commercial litigation, compliance and investigations including corporate, banking and commercial, insolvency, construction, intellectual property, employment, legacy disputes, defamation suits, fraud, international trade and some criminal and family law matters. Lawyers are also experienced in mediation advocacy.
Contact: Sarbjit Singh Chopra
TMT/Fintech/Blockchain:
The TMT practice comprises a team of dedicated tech-savvy lawyers who act on international matters across Asia. Armed with vast industry-specific practice knowledge, the team is well-equipped to address the intricacies involved in navigating the challenging TMT landscape in an integrated, strategic and efficient manner. Lawyers have extensive experience advising on M&A, capital markets, regulatory and commercial transactions in the telecoms towers industry. The fintech team has advised on over 200 blockchain and blockchain related projects involving major digital asset exchanges and traders, banks, private DLT and enterprise blockchain developers across the blockchain ecosystem worldwide.
Contact: Leon Yee
Projects, Energy & Infrastructure:
The firm has advised multinational corporations, national energy regulators and government-owned utilities across Asia on a broad range of energy and infrastructure projects. With an extensive experience working on significant and major international energy and infrastructure projects, the firm is able to provide legal support and advice to clients from the pre-feasibility and planning stages, through public tender, licensing, start-up and implementation, as well as the operational stages.
Contact: Leon Yee
Ranked Offices
Provided by Duane Morris & Selvam LLP
- Singapore16 Collyer Quay, # 17-00, Singapore, Singapore Island, Singapore, 049318
- Web: www.duanemorrisselvam.com
- Tel: (65) 6311 0030
- Fax: (65) 6311 0058
- View ranked office
- YangonNo. 14, Kaymarthi Str (1), Thiriyadanar Yeikthar Housing – Qtr (3), Mi Kyaung Kan, Thingangyun Tsp, Yangon, Yangon Division, MyanmarView ranked office
- HanoiPacific Place, Unit V1308, 13th Floor, 83B Ly Thuong Kiet Street, Hoan Kiem District, Hanoi, Ha Noi, VietnamView ranked officeHo Chi Minh CitySuite 1503/04, Saigon Tower, 29 Le Duan Street, District 1, Ho Chi Minh City, Ho Chi Minh City, VietnamView ranked office
Duane Morris & Selvam LLP rankings
Articles, highlights and press releases
25 items provided by Duane Morris & Selvam LLP
Duane Morris & Selvam Advises on the USD 77 million QIP of equity shares of DCX Systems Limited
Duane Morris & Selvam LLP advised DAM Capital Advisors Limited in its role as the sole book running lead manager on the recent qualified institutions placement of ₹5,000 million (USD 77 million) of equity shares of DCX Systems Limited.
Duane Morris & Selvam Advises on the QIP of Wockhardt Limited
Duane Morris & Selvam LLP acted as special international legal counsel to DAM Capital Advisors Limited in its role as the book running lead manager on the recent qualified institutions placement of ₹4,800.40 million (USD 58 million) of equity shares of Wockhardt Limited.
Duane Morris & Selvam Advises on the QIP of The Karnataka Bank Limited
Acted as special international legal counsel to Ambit Private Limited and Avendus Capital Private Limited in their role as the book running lead managers on the recent qualified institutions placement of ₹6,000 million (USD 72 million) of equity shares of The Karnataka Bank Limited.
Duane Morris & Selvam Advises on the QIP of Texmaco Rail & Engineering Limited
Acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securites Limited in their role as the book running lead managers on the recent QIP of USD 30 million of equity shares of Texmaco Rail & Engineering Limited.
The Legal 500: Mergers & Acquisitions Comparative Guide
The Legal 500 has launched its 8th Edition of Country Comparative Guides. This year’s chapter for Mergers & Acquisitions (Singapore) is contributed by Leon Yee and Ramiro Rodriguez.
Advises on the Sale of US$72 million of Equity Shares in Gokaldas Exports Limited in a QIP
Duane Morris & Selvam LLP acted as the special international counsel to IIFL Securities Limited in its role as the book running lead manager on the recent sale of INR 6,000 million (US$72 million) of equity shares in Gokaldas Exports Limited in a qualified institutions placement.
Claimants Banding Together: Is There Always Strength in Numbers?
While there are obvious advantages for potential claimants to band together, there are issues which must be fully considered in order for all potential claimants to make a considered decision. Independent legal advice is recommended, prudent and necessary before committing to a group litigation.
Navigating Representations and Warranties in Share Purchase Agreements
Exploring the nuances of representations and warranties in an SPA, including drafting considerations, breach remedies, and indemnification provisions.
Advises on the Sale of US$90 million of Equity Shares in Sansera Engineering Limited in Block Trades
Duane Morris & Selvam LLP acted as the U.S. counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the broker on the recent sale of equity shares in Sansera Engineering Limited by Client Ebene Limited and CVCIGP II Employee Ebene Limited in block trades.
当缩减标签足够精简时，美国联邦巡回法院仍然重启了对仿制药企业的诱导侵权诉讼
近日，在Amarin Pharma诉Hikma Pharmaceuticals USA 案（编号2023-1169）中，美国联邦巡回法院推翻了特拉华州地区法院的裁决，认为Amarin的诉状合理地声称Hikma积极诱导了医疗服务提供者的直接侵权，不过同时还表示 “可能同意地区法院（和Hikma）”认为Hikma的缩减标签本身在法律上并没有推荐、鼓励或推动任何侵权使用。
美国《公司透明度法案》报告提交日迫近，美国/外国企业需做这些准备！
按照2024年1月1日生效的美国《公司透明度法案》（“CTA”）的要求，所有在美国注册成立和/或注册开展业务的美国和外国企业（包括某些信托公司）需向美国财政部下属的金融犯罪执法网络（“FinCEN”）提交报告，披露其拥有所有权或控制权的受益所有人的身份信息。CTA旨在防止罪犯、恐怖分子和腐败寡头在美国藏匿非法资金或其他财产。如果企业符合CTA中所列出的23项豁免条件之一，可免于申报。
Duane Morris & Selvam LLP Appoints Suilyn-Yip as Head of Venture Capital
Duane Morris & Selvam LLP is pleased to announce the appointment of Suilyn Yip as Head of Venture Capital.
Duane Morris & Selvam Advises on the IPO of Ecos (India) Mobility & Hospitality Limited
Acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited.
Duane Morris & Selvam Advises on the OFS of Shares in Route Mobile
Duane Morris & Selvam LLP recently acted as US counsel to Nuvama Wealth Management and Emkay Global Financial Services in their role as brokers to Proximus Opal on its divestment of a 6.03% stake in Route Mobile for approximately Rs, 6,213 million (US$74 million) through an Offer for Sale (OFS).
MAS Consults on New Regulatory Framework for Digital Token Service Providers under the FSMA
On 4 October 2024, the Monetary Authority of Singapore (“MAS”) has published a consultation paper detailing the regulatory framework for Digital Token Service Providers (“DTSPs”) under the Financial Services and Markets Act 2022 (“FSM Act”).
Advises on the Sale of US$143 million Equity Shares in Sansera Engineering Limited in a QIP
Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a QIP.
US$360 million investment in an Ecuadorian shrimp farming company
Duane Morris & Selvam represented the owners of Ecuadorian business Industrial Pesquera Santa Priscila, one of the world’s largest shrimp farming companies, in its corporate restructuring and 20% sale to Japanese corporate group Mitsui, worth US$360 million.
Advises Union Bank of India on the sale of INR30,000 million (US$360 million) Equity Shares in a QIP
Duane Morris & Selvam LLP acted as the international counsel to Union Bank of India (the “Union Bank’) on its recent sale of INR 30,0000 million (US$360 million) of its equity shares in a qualified institutions placement, including a private placement in the United States.
Advised on IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement
Duane Morris & Selvam Advises Book Running Lead Managers in IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement of Equity Shares
Advised on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue
Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue.
Duane Morris and Selvam Advises on India’s Biggest IPO Ever
Duane Morris & Selvam LLP acted as international legal counsel to the President of India and Life Insurance Corporation of India on the recent sale of 3.5% of the outstanding shares in LIC by the president of India for approximately US$2.7 billion in an initial public offering.
Duane Morris & Selvam acts on Union Bank’s INR 14.5 billion (US$200 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Elara Capital (India) Private Limited, IIFL Securities Limited, Motilal Oswal Investment Advisors Limited, and YES Securities (India) Limited on the recent sale of approximately INR 14.5 billion (US$200 million) of equity shares in Un
Duane Morris & Selvam acts on Affle’s INR 6 billion (US$82 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Axis Capital, Nomura and UBS, in their role as the book running lead managers, on the sale of INR 6 billion (US$82 million) of equity shares in Affle (India) Limited in a qualified institutions placement, including concurrent private
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP. This was IDFC First Bank’s first issuance of equity shares through the capital markets following the merger between Capital First & IDFC Bank in December 2018.
Duane Morris Names Dr. Nguyen Thi Lang as Chair of Duane Morris Vietnam LLC
Duane Morris LLP has appointed Dr. Nguyen Thi Lang as chair of Duane Morris Vietnam LLC. Dr. Lang is the first chairwoman in Vietnam of an international law firm, and she will continue to oversee Duane Morris' Ho Chi Minh City office along with director Dr. Oliver Massmann in Hanoi.
Duane Morris & Selvam Advises on the USD 77 million QIP of equity shares of DCX Systems Limited
Duane Morris & Selvam LLP advised DAM Capital Advisors Limited in its role as the sole book running lead manager on the recent qualified institutions placement of ₹5,000 million (USD 77 million) of equity shares of DCX Systems Limited.
Duane Morris & Selvam Advises on the QIP of Wockhardt Limited
Duane Morris & Selvam LLP acted as special international legal counsel to DAM Capital Advisors Limited in its role as the book running lead manager on the recent qualified institutions placement of ₹4,800.40 million (USD 58 million) of equity shares of Wockhardt Limited.
Duane Morris & Selvam Advises on the QIP of The Karnataka Bank Limited
Acted as special international legal counsel to Ambit Private Limited and Avendus Capital Private Limited in their role as the book running lead managers on the recent qualified institutions placement of ₹6,000 million (USD 72 million) of equity shares of The Karnataka Bank Limited.
Duane Morris & Selvam Advises on the QIP of Texmaco Rail & Engineering Limited
Acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securites Limited in their role as the book running lead managers on the recent QIP of USD 30 million of equity shares of Texmaco Rail & Engineering Limited.
The Legal 500: Mergers & Acquisitions Comparative Guide
The Legal 500 has launched its 8th Edition of Country Comparative Guides. This year’s chapter for Mergers & Acquisitions (Singapore) is contributed by Leon Yee and Ramiro Rodriguez.
Advises on the Sale of US$72 million of Equity Shares in Gokaldas Exports Limited in a QIP
Duane Morris & Selvam LLP acted as the special international counsel to IIFL Securities Limited in its role as the book running lead manager on the recent sale of INR 6,000 million (US$72 million) of equity shares in Gokaldas Exports Limited in a qualified institutions placement.
Claimants Banding Together: Is There Always Strength in Numbers?
While there are obvious advantages for potential claimants to band together, there are issues which must be fully considered in order for all potential claimants to make a considered decision. Independent legal advice is recommended, prudent and necessary before committing to a group litigation.
Navigating Representations and Warranties in Share Purchase Agreements
Exploring the nuances of representations and warranties in an SPA, including drafting considerations, breach remedies, and indemnification provisions.
Advises on the Sale of US$90 million of Equity Shares in Sansera Engineering Limited in Block Trades
Duane Morris & Selvam LLP acted as the U.S. counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the broker on the recent sale of equity shares in Sansera Engineering Limited by Client Ebene Limited and CVCIGP II Employee Ebene Limited in block trades.
当缩减标签足够精简时，美国联邦巡回法院仍然重启了对仿制药企业的诱导侵权诉讼
近日，在Amarin Pharma诉Hikma Pharmaceuticals USA 案（编号2023-1169）中，美国联邦巡回法院推翻了特拉华州地区法院的裁决，认为Amarin的诉状合理地声称Hikma积极诱导了医疗服务提供者的直接侵权，不过同时还表示 “可能同意地区法院（和Hikma）”认为Hikma的缩减标签本身在法律上并没有推荐、鼓励或推动任何侵权使用。
美国《公司透明度法案》报告提交日迫近，美国/外国企业需做这些准备！
按照2024年1月1日生效的美国《公司透明度法案》（“CTA”）的要求，所有在美国注册成立和/或注册开展业务的美国和外国企业（包括某些信托公司）需向美国财政部下属的金融犯罪执法网络（“FinCEN”）提交报告，披露其拥有所有权或控制权的受益所有人的身份信息。CTA旨在防止罪犯、恐怖分子和腐败寡头在美国藏匿非法资金或其他财产。如果企业符合CTA中所列出的23项豁免条件之一，可免于申报。
Duane Morris & Selvam LLP Appoints Suilyn-Yip as Head of Venture Capital
Duane Morris & Selvam LLP is pleased to announce the appointment of Suilyn Yip as Head of Venture Capital.
Duane Morris & Selvam Advises on the IPO of Ecos (India) Mobility & Hospitality Limited
Acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited.
Duane Morris & Selvam Advises on the OFS of Shares in Route Mobile
Duane Morris & Selvam LLP recently acted as US counsel to Nuvama Wealth Management and Emkay Global Financial Services in their role as brokers to Proximus Opal on its divestment of a 6.03% stake in Route Mobile for approximately Rs, 6,213 million (US$74 million) through an Offer for Sale (OFS).
MAS Consults on New Regulatory Framework for Digital Token Service Providers under the FSMA
On 4 October 2024, the Monetary Authority of Singapore (“MAS”) has published a consultation paper detailing the regulatory framework for Digital Token Service Providers (“DTSPs”) under the Financial Services and Markets Act 2022 (“FSM Act”).
Advises on the Sale of US$143 million Equity Shares in Sansera Engineering Limited in a QIP
Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a QIP.
US$360 million investment in an Ecuadorian shrimp farming company
Duane Morris & Selvam represented the owners of Ecuadorian business Industrial Pesquera Santa Priscila, one of the world’s largest shrimp farming companies, in its corporate restructuring and 20% sale to Japanese corporate group Mitsui, worth US$360 million.
Advises Union Bank of India on the sale of INR30,000 million (US$360 million) Equity Shares in a QIP
Duane Morris & Selvam LLP acted as the international counsel to Union Bank of India (the “Union Bank’) on its recent sale of INR 30,0000 million (US$360 million) of its equity shares in a qualified institutions placement, including a private placement in the United States.
Advised on IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement
Duane Morris & Selvam Advises Book Running Lead Managers in IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement of Equity Shares
Advised on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue
Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue.
Duane Morris and Selvam Advises on India’s Biggest IPO Ever
Duane Morris & Selvam LLP acted as international legal counsel to the President of India and Life Insurance Corporation of India on the recent sale of 3.5% of the outstanding shares in LIC by the president of India for approximately US$2.7 billion in an initial public offering.
Duane Morris & Selvam acts on Union Bank’s INR 14.5 billion (US$200 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Elara Capital (India) Private Limited, IIFL Securities Limited, Motilal Oswal Investment Advisors Limited, and YES Securities (India) Limited on the recent sale of approximately INR 14.5 billion (US$200 million) of equity shares in Un
Duane Morris & Selvam acts on Affle’s INR 6 billion (US$82 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Axis Capital, Nomura and UBS, in their role as the book running lead managers, on the sale of INR 6 billion (US$82 million) of equity shares in Affle (India) Limited in a qualified institutions placement, including concurrent private
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP. This was IDFC First Bank’s first issuance of equity shares through the capital markets following the merger between Capital First & IDFC Bank in December 2018.
Duane Morris Names Dr. Nguyen Thi Lang as Chair of Duane Morris Vietnam LLC
Duane Morris LLP has appointed Dr. Nguyen Thi Lang as chair of Duane Morris Vietnam LLC. Dr. Lang is the first chairwoman in Vietnam of an international law firm, and she will continue to oversee Duane Morris' Ho Chi Minh City office along with director Dr. Oliver Massmann in Hanoi.