Hallam Chow | White & Case LLP International Law Firm, Global Law Practice
Hallam Chow
Hallam Chow

Hallam Chow

Partner, Beijing

T +86 10 5912 9780

E hchow@whitecase.com

Hallam Chow is named as a Leading Individual in Projects and Infrastructure in Chambers Asia Pacific, 2008 to 2014. He has also been named as a Leading Individual in Asset Finance in Chambers Global from 2012 to 2014.

Overview

Hallam's practice is focused on project financing, structured financing and joint ventures in the fields of energy and infrastructure and oil and gas. He also offers clients the benefit of his significant experience of asset-based financing, including equipment and facility leasing.

Widely recognized as a leading figure in the project finance and asset finance sectors, Hallam has been called upon to advise project sponsors, multilateral institutions, commercial lenders and lessors and lessees on a number of high profile transactions involving gas-fired, coal-fired, alternative energy and manufacturing facilities, as well as aviation finance and other leasing matters.

Combining a deep understanding of the Chinese business environment with a strong international background, Hallam helps clients to navigate intricately structured cross-border and multi-currency deals.

Prior to moving to Hong Kong, Hallam spent nine years working in the Firm's New York office, where he was involved in a number of innovative limited recourse project financing deals and a wide array of aircraft finance transactions.

Hallam's international approach to his work is based on both his professional experience and personal background. Educated in Hong Kong, the United States and the United Kingdom, he is fluent in four languages, including Mandarin and Cantonese.

Bars and Courts

  • Registered Foreign Lawyer, The Law Society of Hong Kong
  • New York State Bar

Education

  • JD, Georgetown University Law Center
  • Georgetown University
  • University of Oxford, Visiting Student

Languages

  • English
  • French
  • Mandarin
  • Cantonese
  • Shanghainese

Experience

CNOOC

Representation of various lenders in a US$1.3 billion facility to China National Offshore Oil Corporation International Limited as borrower. The transactions are supported by guarantees provided by China National Offshore Oil Corporation Limited.

Minsheng Financial Leasing Corporation

Representation of Minsheng Financial Leasing Corporation in its portfolio acquisition and financing of aircraft on lease to various airlines. The transaction won China Deal of the Year Award from AirFinance Journal 2014.

Asian Development Bank (ADB)

Representation of the Asian Development Bank in connection with its loan to China Water Affairs Group Limited to invest in multiple project companies for the rehabilitation, expansion and operation of water treatment and distribution facilities throughout China. This project was selected as the 2012 Infrastructure and Energy Deal of the Year by China Business Law Journal and received the Development Impact Honors award from the US Department of the Treasury.

CNOOC

Representation of CNOOC in the US$3 billion syndicated loan in respect of the Queensland Curtis LNG project in Australia.

Asian Development Bank (ADB)

Representation of ADB in connection with the US$200 million loan to China Gas Holdings and Zhongran Investment Limited to expand natural gas coverage into smaller cities in the central and western regions of China. This is the first natural gas distribution network project supported by ADB, as well as its first long-term local currency debt financing in China and the B loan fund is provided by multiple international banks.

Asian Development Bank

Representation of ADB in connection with the US$120 million loan to Beijing Enterprises Water Group Limited and its PRC subsidiary BEWG Environmental Group Co. Ltd. for the municipal wastewater and reuse projects in the PRC.

Saudi Aramco

Advised on a joint venture with China's Sinopec to develop a 400,000-barrels-per-day (bpd) refinery project in Yanbu, on the west coast of Saudi Arabia. This deal was named "Deal of the Year 2012" by ASIAN-MENA COUNSEL and is nominated for "Energy & Resources Deal of the Year 2013" by ALB China Law Awards.

Asian Development Bank (ADB)

Representation of Asian Development Bank in relation to the grant of loans of up to RMB 250 million to Long Jiang Environment Protection Group Share Company as borrower, a PRC affiliate of publicly listed environmental technology company Tsinghua Tongfang Co. Ltd. The loans will be used for financing projects to build, rehabilitate and privatize water supply and treatment plants in the Songhua River Basin in Northeast China, which is home to 62 million people.

Asian Development Bank (ADB)

Advised ADB on its financing to Paris-based Dalkia Group in connection with the financing of district heating, district cooling and co-generation projects in the People's Republic of China to improve energy efficiency and reduce air pollution.

Nomura Holdings, Inc./ Nomura Babcock & Brown Co., Ltd./ BBAM Aircraft Management LLC

Advised on a Sharia law compliant sukuk issuance with a total aggregate principal amount of US$100 million. This was the first ever sukuk involving a Japanese multinational corporation. The transaction required coordinating businesses and legal counsel across jurisdictions including Hong Kong, Japan, Dubai, England, Malaysia, Indonesia, Norway and the United States. This deal received an honorable mention in Asian-Counsel's Deals of the Year 2010, nominations for the Islamic Finance Deal of the Year at the ALB SE Asia Law Awards 2011 and The Japan In-House Counsel Network Award Debt Market Deal of the Year at the ALB Japan Law Awards 2011.

AirAsia X Sdn Bhd

Advised as lessee, in connection with the sale and leaseback of two Airbus A330 aircraft. ICBC Financial Leasing Co., Ltd. acted as arranger and the aircraft were registered in Malaysia.

CNOOC

Bank of China, Standard Chartered Bank, Industrial and Commercial Bank of China, Calyon, The Hong Kong and Shanghai Banking Corporation, Standard Bank Plc and Sumitomo Mitsui Banking Corporation in the US$1.5 billion acquisition financing for COSL Norwegian AS, a wholly owned subsidiary of China Oilfield Services Limited, an affiliate of CNOOC Ltd. in connection with its US$2.5 billion acquisition of Awilco Offshore ASA, a Norwegian oil and gas drilling contractor. This acquisition occurred during a period of high demand for oil and gas in China, increased COSL's drilling rig-fleet and provided COSL with further opportunities to market its non-drilling services.

Tangguh LNG

Representation of a consortium of project sponsors—BP, CNOOC, Mitsubishi, INPEX, Nippon Oil, JOGMEC, Kanematsu, Overseas Petroleum and LNG Japan—in the US$884 million "Fujian Tranche" financing of the Tangguh LNG project in Indonesia.

Awards & Recognition

Leading Individual, Chambers Asia Pacific 2008–2014, Chambers Global 2011–2014

Projects and Infrastructure – China and Hong Kong

Leading Individual, Chambers Global 2012–2014, Chambers Asia Pacific 2012–2013

Asset Finance – Asia Pacific Region

Leading Individual, Chambers Asia Pacific 2014 and 2011–2012

Aviation Finance - Asia-Pacific Region

Leading Individual, The Legal 500 Asia Pacific 2011–2012

Asset Finance – Hong Kong

Leading Individual, The Legal 500 Asia Pacific 2009 to 2012

Projects and Energy – Hong Kong

Leading Individual, IFLR1000 2009–2011

Project Finance – Hong Kong

Leading Individual, Guide to Leading Practitioners – China, 2011

Energy