Allen & Overy strengthens Asia-Pacific presence with Australian launch

From: Allen & Overy
Published: Tue Feb 09 2010


Allen & Overy today announces the launch of its Australian practice with the appointment of 17 new partners, 14 based in Sydney and three in Perth, significantly bolstering its capabilities in the Asia-Pacific region.

Commenting, Allen & Overy senior partner David Morley said: "Our decision to launch in Australia underlines the increasing importance of Australia in the global and Asia-Pacific economies. We see significant opportunities for high-end, cross-border M&A and finance work in the private and public sectors, particularly in the energy, mining and natural resources sectors."

"As Australia develops closer ties with its major trading partners, especially across the Asia-Pacific region, and as Australian banks and corporates continue to expand globally there is growing demand for legal advice that can seamlessly support that growth around the world. Our global network puts us in the perfect position to be able to do just that."

Analysis of the local market indicates there is space in the Australian legal sector for a smaller high-end law firm that is integrated into a broad global network. The core practices will be in energy, mining and natural resources; finance; infrastructure; investment funds; M&A; private equity; tax; and telecoms, media and technology (TMT).

Thomas Brown, Allen & Overy's Asia-Pacific managing partner, added: "Our expansion into Australia not only provides opportunities to develop new client relationships, it also enables us to service the needs of our existing clients in another key market and adopt a fully integrated approach to the Asia-Pacific region."

"This move also improves access to the deep pool of high quality lawyers that exists in the Australian legal market, making this the logical next step in our plans to expand our global network."

The founding partners of Allen & Overy's Australian practice are:

Sydney office

Jason Denisenko, partner in the Corporate/Funds and Financial Products practice
Angela Flannery, partner in the Banking practice
Grant Fuzi, partner in the Banking practice
Sonia Goumenis, partner in the Banking/Structured Capital Markets practice
Jason Huinink, partner in the Banking practice
Barry Irwin, partner in the Corporate/Energy & Resources practice
Aaron Kenavan, partner in the Corporate/M&A practice
Grant Koch, partner in the Corporate/Private Equity practice
Michael Parshall, partner in the Corporate/M&A practice
Karolina Popic, partner in the Banking/Structured Capital Markets practice
Michael Reede, partner in the Corporate/Private Equity practice
Chris Robertson, partner in the Banking practice
Andrew Stals, partner in the Corporate/Tax practice
David Wilkie, partner in the Corporate/Funds and Infrastructure practice

Perth office

Meredith Campion, partner in the Corporate/Energy & Resources practice
Geoff Simpson, partner in the Corporate/Energy & Resources practice
Peter Wilkes, partner in the Corporate/Energy & Resources and also Banking practice

About Allen & Overy:

Allen & Overy is one of the emerging global elite law firms, a small group of truly international and integrated law firms, with approximately 5,000 staff, including over 450 partners, working in 33 major centres worldwide.
In the financial year to 30 April 2009, Allen & Overy reported turnover of GBP1.091 billion. At the half-year to 31 October 2009 turnover was GBP511 million.
For the second year running, over 50% of its global turnover was generated from outside the UK during the 2009 financial year. Two-thirds of its work involved offices in two or more countries, one-fifth of its work involved offices in five or more countries.
Allen & Overy is the established market leader in projects, energy and infrastructure work, having topped the Infrastructure Journal global league tables for legal advisers by volume and value. It advised on 51 transactions in 2009, valued at nearly USD24bn, acting on more than double the number of deals of its nearest rival.
Allen & Overy's finance practice has led the market in every sector. Last year it topped the Thomson Reuters European Debt Capital Markets legal adviser league tables advising issuers on 408 deals worth USD390bn. It acted on four of the top 10 global syndicated loans and half of the top 20 restructurings in Europe.
In Asia, the Projects and Restructuring practices were both awarded Team of the Year by IFLR in 2009.

http://www.allenovery.com
Company: Allen & Overy
Contact Name: Campbell McIlroy
Contact Email: campbell.mcilroy@allenovery.com
Contact Phone: +44 (0)20 3088 2783

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