UK lawyer Lucy Wayne has relaunched a practice in Myanmar 12 years after international sanctions placed on the country forced her to pull out.
Having qualified at Dentons legacy firm Denton Hall Burgin & Warren in 1989, Wayne moved to Asia in 1992 to become managing lawyer of Ho Chi Minh City-based Indochina Consulting Services, which was in association with now-defunct New York firm Coudert Brothers.
In 1995 she launched her own firm, LWA Consultants, which had branches in Myanmar and Vietnam. However, the firm closed its Yangon base in 2002.
“The firm had to close in 2002 due to the increasing pressure of sanctions being imposed on foreign businesses in Myanmar,” said Wayne. “After 2002, we stopped Myanmar work but continued our Vietnam work.”
Having been based in the US for the past nine years, where she continued to advise on Vietnamese transactions, Wayne moved to Yangon earlier this year to reopen her firm’s office there.
Now called Lucy Wayne & Associates, the firm will initially focus on the power and petroleum sectors.
In addition to Wayne the office will have one other partner, Win Naing, who has joined the firm from Zicolaw, where he was Myanmar managing partner.
Naing was a lawyer and advocate with LWA Consultants in Yangon from 1996 until its closure in 2002, when he joined KPMG. He has been replaced as Zicolaw’s Myanmar managing partner by Saw Yu Win. Zicolaw opened in Yangon last year (22 February 2013).
Source: The lawyer