Ashurst Raids Allen & Gledhill of Singapore for a team of 4 lawyers

Ashurst ADTLaw, Ashurst’s Singapore Formal Law Alliance (FLA) firm, has hired a corporate mergers and acquisitions quartet from Singapore’s Big Four firm Allen & Gledhill.

Joining Ashurst are former Allen & Gledhill partners Tao Koon Chiam, Xiaozheng Ko, Yi Ming Choo and attorney George Kho, according to a firm statement.

Chiam, who practiced at the Singapore firm for more than 14 years, will assume the role of Head of M&A for Southeast Asia.

Choo and Ko, who spent nine and 12 years at Allen & Gledhill respectively, will join Ashurst ADTLaw as directors, while Kho will join as an associate director.

Together, the trio advises sovereign wealth funds, corporations and startups in the restaurant, education, healthcare, insurance and construction sectors on joint ventures and acquisitions as well as capital investments. -investment.

According to Jini Lee, the company’s head of Asia, the additions will allow the company “to capitalize on market opportunities”.

With the newcomers, Ashurst now has 31 lawyers in its Singapore office, including 18 partners.

Last year, the firm also hired former Clifford Chance lawyer Robert Child as a partner for its restructuring, insolvency and special situations practice in Singapore, as well as the financing partner of Latham & Watkins’ Andrew Roche projects. The company, however, lost project partner Andrew Digges to Norton Rose Fulbright six months after Roche joined.

In May, Ashurst announced the appointment of its new managing partner in Singapore, Jean Woo, who succeeded the firm’s legal partner, Robert Palmer.

Ashurst released its financial statements last month, showing global revenue growth of 12% to £798m. The company’s managing director, Paul Jenkins, told Law.com International in an interview that its success in Singapore is attributable to “funds seizing opportunities in Southeast Asia, investments in e-commerce companies, logistics and technology being an important feature of the market”. not only in Singapore, but also in Indonesia and Vietnam.

Ashurst entered into a FLA with ADTLaw in 2017 after several partners left the city-state office. ADTLaw was a specialist firm founded by former Rajah & Tann litigation partner Dawn Tan in 2013.

The FLA agreements in Singapore are not exclusive, but they allow foreign law firms to provide their clients with local legal assistance, especially on the coveted litigation front, through a separate local law firm. and independent. Several other international law firms, including Norton Rose Fulbright, Holman Fenwick Willan and Reed Smith, operate through FLA in Singapore.