Australia: Norton Rose Fulbright ranked in top ten of Financial Times Asia-Pacific Innovative Lawyers 2015 – the highest scoring firm in the Finance category
Last Updated: 24 June 2015

Global legal practice Norton Rose Fulbright has been ranked in the top ten of the Financial Times Asia-Pacific Innovative Lawyers 2015 report.

Norton Rose Fulbright was the highest scoring of all ranked firms in the Finance category, with 70 out of a possible 90 points in total. The next highest scoring international firm received 49 points.

The innovations in the finance law category recognised by the rankings are:

  • Hong Kong's inaugural US$1 billion Sukuk issuance - Highly Commended
    Advising the Government of the Hong Kong Special Administrative Region of the People's Republic of China on its inaugural Sukuk under the Government Bond Programme.
  • Bank of China's Renminbi clearing agreement with the Australian Securities Exchange – Commended
    Advising Bank of China on its agreement with the Australian Securities Exchange (ASX) to deliver Renminbi (RMB) settlement services to the Australian and Chinese financial markets by the middle of 2014.
  • First ever non-recourse cross-border financing in Myanmar – Commended
    Advising a syndicate of banks on a first of its kind corporate loan in Myanmar to Pan Asia Majestic Eagle Limited (PAMEL). The loan provided US$85 million to PAMEL to support the rollout of telecommunications infrastructure in Myanmar.

Phillip John, Head of North Asia, Norton Rose Fulbright commented:

"The team throughout the Asia-Pacific region has had an exceptionally busy year, working on a number of significant matters. We pride ourselves on the ground-breaking legal innovations we have delivered for our clients, and this recognition from the Financial Times is testament to the dedication and excellence of our lawyers."

Wayne Spanner, Managing Partner in Australia, Norton Rose Fulbright Australia commented:

"Our regional banking and finance team reflects the enviable depth of talent and passion for innovation we display across all our Asia-Pacific offices. I congratulate all of the partners and teams that worked on our commended matters, especially Sydney partner Nino Di Bartolomeo, whose tireless and innovative advice for the Bank of China facilitated a landmark deal for the Australian financial industry. "

The Financial Times and its research partner RSG Consulting judged the submitted innovations based on research with clients, lawyers and other experts. Submissions were received from 81 law firms , with research conducted between January and May 2015. Each submission was scored out of 10 points on originality, rationale and impact with a maximum overall score of 30. Three submissions were allowed per category.

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