Philippines (asialaw)

Work highlights 

Advised a syndicate of Philippine banks on a $1.38 billion project financing for New NAIA Infra Corp's rehabilitation and expansion of Manila's main international airport. The landmark public-private partnership (PPP) transaction involved complex security structuring across multiple facilities and required innovative solutions to secure assets prior to concession transfer, making it the Philippines' largest PPP project to date. 

Advised HSBC and Global Loan Agency Services Australia Nominees as security trustee on Philippine law aspects of a $50 million cross-border acquisition financing. The transaction required innovative security structuring solutions during the transition period of the Philippines' new Personal Property Security Registry, involving complex coordination across multiple jurisdictions and regulatory frameworks. 

Key clients 

Asian Development Bank, Bank of the Philippine Islands 

Work highlights 

Advised Metro Pacific Investments Corporation and Keppel Infrastructure Trust on the $510 million sale of their combined stake in Philippine Tank Storage International to I Squared Capital. The transaction involved the Philippines' largest petroleum storage facility, with over 6 million barrels capacity, and required complex negotiations across multiple jurisdictions to ensure continued operational stability of this strategically important asset. 

Key clients 

Aboitiz Power Corporation, Actis Manager Singapore, Keppel Infrastructure Trust, Metro Pacific Investments Corporation 

Work highlights 

Successfully defended senior Asian Development Bank officials in criminal and civil proceedings valued at P50 million ($0.88 million), securing landmark Supreme Court en banc recognition of functional immunity for international organisation officials. The precedent-setting decision affirms treaty-based protections for official acts and strengthens the operational independence of international institutions in the Philippines. 

Key clients 

Holcim Philippines, Platinum Group Metals Corporation, Manila Electric Company