Notable Corporate Operations
Bao Minh Joint Stock Insurance Corporation. Acted with Bao Minh to select a foreign strategic investor, under which AXA was selected; acted in Bao Minh’s placement of shares to AXA.
Undisclosed insurance company. Acted for a foreign financial institution, the guarantor of a US$2 billion credit facility for a 1,200 MW coal power project located in Nam Dinh Province; it involved a complex financing structure and a substantial number of contracts (eg, EPC contracts, PPA, BOT contract, Government’s arrangement fee, loan agreements, security documents, land lease agreements, coal supply agreement, etc.).
Willis Towers Watson (WTW). Advised on its organizational and management structure in Vietnam, cybersecurity and data storage requirements and corporate matters that arise from WTW’s on-going operation and joint venture projects in Vietnam.
Undisclosed offshore insurance company. Advised on insurance aspects of a case involving a Chinese aluminum exporter and a Vietnamese buyer.
Post-Telecommunications Joint Stock Insurance Corporation. Advised in its process to make a private offering of a 37.2% strategic stake to Dongbu Insurance Co Ltd (Korea).
Samsung Fire & Marine Insurance. Assisted to purchase a 20% stake to become a strategic shareholder in Petrolimex Insurance Joint Stock Corporation.
Vietnam National Reinsurance Corporation. Acted for the corporation in the sale of 25% of its shares in Samsung Vina Insurance Company to Samsung Fire and Marine Insurance Company.
Global Joint Stock Insurance Corporation. Advised on issuance of a 25% strategic stake to Ergo International AG from Germany and provide on-going legal services to GIC from time to time.
Muong Thai Life Assurance. Assisted to set up a joint venture life insurance company with Military Joint Stock Commercial Bank, Muong Thai Life Assurance and Ageas Insurance International NV.
Oman Investment Fund. Acted in its acquisition of a strategic stake in PetroVietnam Insurance.
Vietnam Reinsurance (VINARE). Assisted Vinare in US$80 million strategic placement to Swiss Re. (Financing Asia’s, Vietnam Deal of the Year, 2008).
Undisclosed offshore insurance company. Acted on behalf of a foreign investor bidding for a strategic stake including a substantial due diligence review for purposes of the bid.
Undisclosed offshore insurance company. Advised on its market entry plan and business model.
AXA. Advised on cross-border transactions in relation to life insurance and health insurance.
Post-Telecommunications Joint Stock Insurance Corporation. Advised on microinsurance agreements, banca-insurance agreements, and agency network agreements with its various partners.
Upstream. Advised on micro-insurance agreement with an international insurance company and a telecommunications company.
Undisclosed technology company. Assisted technology company whose purpose is to sell insurance products online on behalf of multiple insurance companies.
Undisclosed offshore insurance company. Advised on business model risks for the extension of credit insurance to cover a Vietnamese entity.
Undisclosed offshore insurance companies. Advised, along with Clyde & Co, various insurance and re-insurance companies on offering services from offshore to Vietnam.
Undisclosed offshore insurance company. Advised on cut-through clause in its business model in Vietnam.
Undisclosed offshore insurance company. Advised on the employment of a credit risk analyst in Vietnam and regulatory prohibitions or restrictions against employees’ benefit insurance policies.
Undisclosed offshore insurance company. Advised on establishment of an entity in Vietnam to carry out fronting business.
Toll Global Forwarding. Advised on its insurance agency services in relation to all risk cargo insurance products in Vietnam.
Undisclosed offshore insurance company. Advised on its offering of life insurance policies for Vietnamese residents on a cross-border basis.
Undisclosed offshore insurance company. Advised on provision of insurance services as a non-admitted insurer on a cross-border basis into Vietnam.
WeGoFurther. Advised on its offering of claims management services as a foreign underwriting agency on a cross-border basis in Vietnam.
Undisclosed offshore financial investor. Assisted to acquire [undisclosed%] stakes in Global Insurance Joint Stock Company (GIC), including a substantial due diligence review of GIC for purposes of the acquisition.
Undisclosed offshore financial investor. Assisted to acquire [undisclosed%] stake in Global Insurance Joint Stock Company (GIC), including a substantial due diligence review of GIC for purposes of the acquisition.
Henner. Advised on structure of a business model to provide of medical insurance products through a licensed insurer in Vietnam.
Undisclosed local insurance brokerage company. Advised on various aspects of insurance business, including terms of business agreements, confidentiality agreements, agency agreements and brokerage agreements.