Milbank
Client SatisfactionMilbank’s banking and finance team in Tokyo has a particularly strong reputation for handling multijurisdictional project finance matters in the oil and gas, power, and infrastructure spaces. With major borrower and lender clients, including public finance institutions, ECAs, and Japanese financial institutions, the team is regularly involved in high-end mandates. Practice head Aled Davies regularly advises financial institutions, project sponsors, ECAs, and DFIs, among other clients, on project finance matters. Andrew Pendleton is also noted for his expertise in project finance, including project restructurings. Aaron Mundy has recently advised on major LNG and offshore wind project financings.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Andrew Pendleton and Aled Davies both stand out.'
'Aled Davies is a legendary lawyer in the market, who has rich experience and knowledge as well as strong negotiation skills. Lewis Blundell is obvisouly a rising star in the firm and the market. Thanks to his experience as in-house lawyer in JBIC, he understands Japanese corporates/banks/ECAs' needs, and how to satisfy such needs. This experience has evidently strengthened his communication and negotiation skills.'
- 'Andrew Pendleton not only expresses objective legal opinions as a lawyer, but is also extremely good at solving problems, making legal proposals and coordinating solutions that overcome differences in opinion between lenders, sponsors, and local government officials. In addition, he responds very quickly to questions and inquiries.'
‘Milbank's finance team in Tokyo is one of the best in the market. The team has rich experience, especially in the energy sector, which stands out from its competitors. Furthermore, the team always focuses on being a pioneer in the market, providing cutting-edge solutions to new challenges in first-of-a-kind projects.'
‘I highly appreciate their services - to-the-point and timely, and they have quick understanding of client’s background and intention. They understand the nature of a project and their client.'
- 'This team is considered to be an organisation with outstanding expertise in large-scale international resource projects, project finance projects, and restructuring projects, and is considered to have the organisational strength to not only provide legal expertise but also to coordinate the legal aspects of the projects themselves.’
Key clients
- EIB (European Investment Bank)
- AfDB
- Japan Bank for International Cooperation
- Nippon Export and Investment Insurance
- Korea Eximbank
- Export-Import Bank of China (“CEXIM”)
- EDC (Export Development Canada)
- BPI France
- Total Energies S.A
- ExxonMobil
- Santos
- JX
- The Bank of Tokyo Mitsubishi UFJ
- Sumitomo Mitsui Banking Corporation
- Mizuho Bank, Ltd.
- BNPP (BNP Paribas)
- Industrial and Commercial Bank of China
Work highlights
- Advising the sponsors, including Total, Exxon Mobil, Santos and JX, on the financing of the development of the LNG plant and associated infrastructure for the production of gas and condensate from the Elk and Antelope Fields in the State of Papua New Guinea.
- Advised JBIC, Nippon Export and Investment Insurance and commercial lenders on the project financing of the Libra MV31 floating, production, storage and offloading vessel which will be deployed in the Mero Field in Brazil by a consortium led by Petrobas.
Lawyers
Leading partners: Gaiben
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Aled Davies