Hanoi / Ho Chi Minh City / Singapore (April 14, 2011) – Vietnamese law firm YKVN today announced that it has been named Vietnam’s National Law Firm of the Year for 2011 by International Finance Law Review (IFLR). It is the fifth time, and third year in succession, that YKVN has been awarded this distinction. The IFLR Asia Awards are generally recognized as the most prestigious market awards for law firms in the region.
YKVN was also nominated by IFLR for Asian Restructuring “Deal of the Year”, in recognition of the firm’s leading role in the acquisition of a controlling interest in Nui Phao Mining Joint Venture Company Ltd. by Masan Group. The transaction was a landmark in Vietnam because it was one of the first corporate restructurings in the country and was a complex test in analyzing Vietnamese law on debt acquisition and restructuring, issuance of securities and options, and corporate reorganization. The Nui Phao tungsten mining project, one of the largest tungsten deposits in the world, is the biggest mining project in Vietnam and also been a very contentious issue among the Vietnamese natural resource and infrastructure community. The project’s standing as a valued national treasure, coupled with the scale and complexity of the transaction, necessitated that YKVN work in close contact with government regulators and officials throughout the closing process.
“We are very gratified to have been shortlisted by IFLR alongside deals such as the Japanese Airlines corporate reorganization,” said Truong Nhat Quang, YKVN Managing Partner. “This transaction was a great test of our firm’s capabilities and I am very proud that YKVN is again gaining recognition on a regional stage for the quality of our work.”
Finally, YKVN was named “Employer of Choice” for the year of 2010 by Asian Legal Business (ALB), a leading journal covering legal transactions in Asia. This is the third consecutive year YKVN has received this distinction.
YKVN is a full service law firm providing top tier legal services in the areas of banking and finance, M&A, capital markets, dispute resolution, and real estate and construction. It continues to be the only Vietnamese law firm with a leading role in both international and domestic corporate transactions. With offices in Hanoi, Ho Chi Minh City and Singapore, the expertise YKVN offers and the commitment it ensures, in combination with its local knowledge, and language skills significantly adds to the value of its clients business. YKVN’s team consists of nine partners, two of-counsels, and forty five associates, all of which are experienced in transactional law and commercial and international litigation. Most of the senior lawyers have received legal training abroad, including the U.S., England, Australia, France, Germany, and Russia, as well as having practiced with other internationally recognized law firms.
For information, contact:
Name: Le Thi Loc
Tel: (84-8) 3822 3155
Email: loc.le ykvn-law.com