East Asia - Hong Kong

White & Case

More informationMore information

The ‘very technical and also commercially-minded’ banking and finance team at White & Case stands out for its prowess in cross-border transactions across Greater China and the wider APAC region, boasting the ability to provide advice on US, English, Hong Kong, Singapore, and Japanese law. The team excels as a strong performer in both lender and sponsor-side matters, making it a prime choice for assistance in cross-border structures encompassing leveraged finance, private credit, and pre-IPO finance. Leading the practice is Eugene Man, an expert in structured private debit and credit financing matters who also shines in leveraged financing. Other noteworthy team members include Baldwin Cheng, renowned for his robust affiliations with alternative capital providers and private equity funds throughout Asia, focusing on leveraged and acquisition financings, alongside trade and sponsor loans; and Clara Shirota, who splits her time between Hong Kong and Tokyo, and frequently advises private equity funds and other strategic investors. Since publication, Daniel Abercromby departed.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is very much focused on making sure deals get done. They are super-helpful in every way, always willing to go above and beyond, and responsive. They provide a consistent quality of legal advice and deliverables, very technical and also commercially-minded.’

  • 'Manley Leung is very responsive and always available.'

  • 'Baldwin Cheng has great commercial sense and is approachable.'

  • ‘Eugene Man has extremely strong knowledge of our business, willing to help with guiding banks and borrowers alike to a reasonable conclusion and a fair deal. Always available and open-minded.’

  • ‘White & Case has an impressive range of clients from banks, private credit funds and PE houses, so they understand their clients and the markets well. The White & Case team is professional and very responsive to the team’s needs. They handle a significant amount of our key deals in Asia.’

  • ‘Eugene Man handles complex and sophisticated matters as he understands the commercial aspects of deals. Eugene is our first point of contact for ground-breaking matters. He is well-known in the market for his technical skills and gives sound advice at all times.’

Key clients

  • Advent International
  • Asian Development Bank
  • Barclays Bank
  • BDO Unibank
  • BNP Paribas
  • Brookfield Asset Management
  • Citigroup
  • CMOC Group Limited
  • Deutsche Bank
  • Dignari Capital Partners (HK) Limited
  • DigitalBridge Group
  • ICBC International Finance Limited
  • International Finance Corporation
  • Oaktree Capital Management
  • RRJ Capital
  • TA Associates

Work highlights

  • Advised Citigroup Global Markets Asia Limited and Credit Suisse AG as original mandated lead arrangers and bookrunners on the US$1.2bn facilities to Weibo Corporation.
  • Advised Citi as sole coordinator and documentation bank (together with other investment banks leading the lender syndicate management and bookrunning processes) in connection with the maturity extension, introduction of sustainability-linked pricing terms, pricing adjustments and other amendments to the US$6.5bn dual-tranche RCF financing for Alipay (Hong Kong) Holding Limited.
  • Advised Brookfield Asset Management in respect of the approx. US$327m financing for its acquisition of the Trimco Group.

Lawyers

Practice head

The lawyer(s) leading their teams.

Eugene Man, Baldwin Cheng

Other key lawyers

Clara Shirota, Manley Leung, Sabrina Lee