Milbank LLP was honored as Foreign Law Firm of the Year at the ALB Philippine Law Awards 2025. The firm also won Best M&A Deal of the Year for the Actis Terra Solar Project and Best Project Finance Deal of the Year for Project Shogun. The awards, presented by Asian Legal Business and Thomson Reuters, “honor outstanding achievements in the legal field, celebrating the exceptional performance of both private practitioners and in-house counsel,” across the region.
"We are honored to receive these awards, which reflect the exceptional work of our Philippines practice and our continued commitment to the market," said James Grandolfo, Managing Partner of Milbank's Hong Kong office and head of the firm's Philippines practice. "These recognitions are a testament to our team's dedication to delivering innovative legal solutions on landmark transactions that are driving economic growth and development in the Philippines."
The firm's M&A Deal of the Year award recognized its role advising Actis, a leading global investor in sustainable infrastructure, in connection with its $600 million investment in the Philippines-based Terra Solar Project, the world's largest integrated renewables and energy storage project to date. The transaction is the largest foreign direct investment for a greenfield infrastructure project in the Philippines.
Milbank also advised on Project Shogun, a loan refinancing for Tiger Resort Leisure and Entertainment, Inc. (TRLEI), owner and operator of the Okada Integrated Resort and Casino, which earned the firm the Project Finance Deal of the Year award.
Milbank has maintained a leading Philippines practice for over 20 years, advising clients across virtually every area of corporate finance, from M&A and capital markets to project finance, private equity, leveraged finance and acquisition finance. The firm's practitioners have substantial experience working with Philippine companies, investors, issuers and underwriters on some of the region's most significant transactions. In recognition of the quality of its practice, Milbank has consistently been ranked as a Tier 1/Band 1 foreign law firm in the Philippines by Chambers Asia-Pacific, Chambers Global and Legal 500 Asia Pacific.
