Firms To Watch: Corporate and M&A

Nishimura & Asahi Taiwan handles acquisitions and joint ventures in a diverse range of areas, including technology and retail. The firm is known for its representation of Japanese companies operating in Taiwan.
Russin & Vecchi (International Legal Counsellors)‘s M&A practice specialises in acquisitions in the semiconductor industry, and has experience overseeing multimillion-dollar deals in this area.

Corporate and M&A in Taiwan

Baker McKenzie

Fully integrated with the firm’s other practice areas, Baker McKenzie’s practice is an effective international outfit serving some of Taiwan’s largest manufacturers and financial institutions.Kevin Wang’s 25 years’ M&A experience is geared towards local requirements, deal structuring, negotiations, and risk management, while Michael Wong is noted in the space for his expertise on taxation issues in major cross-border commercial transactions. Both hold joint qualifications in Taiwan and the United States. Lindy Chern focuses on hypermarkets, department stores and industrial and commercial complexes. Mark Tu and Gwyneth Gu are both highly recommended assets to the team, particularly in cross-border transactions.

Responsables de la pratique:

Kevin Wang; Michael Wong

Autres avocats clés:

Lindy Chern; Mark Tu, Gwyneth Gu

Principaux clients

GlobalWafers Co., Ltd

Fubon Financial Holding Company, Ltd.

LCY Chemical Corp.

China Life Insurance Co., Ltd

Auchuan Retail International

BizLink Holding Inc.

Aztiq Fund

ASE Technology Holding Co., Ltd

Principaux dossiers

  • Advised GlobalWafers Co., Ltd. in its signing of a Business Combination Agreement and acquisition of at least 65% of Siltronic AG in a transaction estimated at approximately 2.4 billion Euros.
  • Assisted Fubon Financial Holding Company, Ltd. in purchasing between 50.01% and 100% shares of Jih Sun Financial Holding.
  • Acted as the lead counsel to LCY Chemical Corp. in relation to its acquisition of 100% equity interests in Bridgestone (Huizhou) Synthetic Rubber Co., Ltd., a wholly owned subsidiary of Bridgestone Corporation.

Jones Day

Serving some of Taiwan’s largest domestic and international corporate entities, Jones Day routinely handles cross-border M&A and corporate compliance work for high-value, high profile clients, particularly in the technology sector. The department is jointly led by Tommy Chen and John Lin who both bring 20 years’ experience representing clients in mergers, leveraged buyouts, joint ventures, privatisations and corporate restructuring matters. Raymond Wang is a cross-border M&A expert, while Jean Kuo brings valuable experience on antitrust and labour and employment matters. At the associate level, Yen-Chen Chen is highly regarded for her work in private placements, share swaps, joint ventures, and real estate investments, with Jeffrey Wang noted for his multi-industry M&A experience.

Responsables de la pratique:

Tommy Chen; John Lin,

Autres avocats clés:

Raymond Wang; Jean Kuo; Yen-Chen Chen; Jeffrey Wang

Les références

‘Jones Day’s Corporate and M&A practice is a very well-known practice in the Taiwanese market. The team has extensive experience in providing legal advisory services to both multinational corporations and Taiwan clients. The service quality as well as the advice provided by Jones Day Taiwan is highly appreciated.’

‘I have worked with John Lin for several transactions, including inbound transactions as well as outbound transactions. John is very commercial. He always provides insights to the clients and proposes recommendations from strategic, commercial and practical view point.’

‘John Lin and Jeffrey Wang are very good at what they do! They handled my case with professionalism and were extremely easy to work with. They turned my stressful/worrisome situation into a relief filled/hassle free process and outcome. They had my back and I trusted them entirely.’

Principaux clients

Entie Commercial Bank

Yulon Group

Taiwan Cement Corporation

VIA Technologies, Inc.

Catcher Technology Co., Ltd.

Albaugh, LLC

Dyaco International Inc.

Gigamedia Ltd.

Qisda Corporation

Yeong Chin Machinery Industries Co., Ltd.

Principaux dossiers

  • Advised EnTie Commercial Bank Co., Ltd., a PE fund-backed commercial bank in Taiwan headquartered in Taipei, on its acquisition by IBF Financial Holdings Co., Ltd.
  • Advised Albaugh in the take-private acquisition of Rotam Global AgroSciences Limited.
  • Represented VIA Technologies in its entry into a definitive agreement with Intel, under which Intel will recruit certain employees of Centaur Technology, Inc., a wholly-owned subsidiary of VIA, in exchange for certain covenants of Centaur.

K&L Gates

Advising on multi-party, cross-border transactions, K&L Gates is trusted by a range of major domestic and international manufacturers and financial institutions. Jacqueline Fu leads the department with extensive experience in corporate and commercial transactions, mergers and acquisitions, as well as corporate governance and legal compliance. James Chen brings vast multi-jurisdictional experience to his international clients, having previously worked within this practice in China, Singapore, Hong Kong and New York. Billy Chen focuses on corporate governance and corporate finance, while Owen Chio is noted for his M&A work in the energy, technology, and biotechnology sectors. Joseph Tseng regularly advises on business restructuring within M&A transactions.

Responsables de la pratique:

Jacqueline Fu

Autres avocats clés:

James Chen; Billy Chen, Owen Chio; Joseph Tseng

Principaux clients

Acepodia, Inc.

ACT Genomics Holdings Company Limited

Cloud Mile Inc.

J&V Energy Technology Co., Ltd.

Kneron Holding Corporation

Northville Limited

Shan-Loong Transportation Co., Ltd.

Silicon Motion Technology Corporation

Taiwan Liposome Company Limited

Tien Li Offshore Wind Technology Co., Ltd.

Yeong Guan Energy Technology Group Co., Ltd.

Principaux dossiers

  • Advised Silicon Motion Technology Corporation, an Asia-based global leader in developing NAND flash controllers for solid state storage devices, on entering into a US$3.8 billion cross-border take-private acquisition with MaxLinear, Inc., a California-based leading provider of radio frequency, analog, digital, and mixed-signal integrated circuits.
  • Acted for Acepodia, Inc. in its Series B-2 Preferred Share financing and Series C Preferred Share financing. The aggregate investment amounts of Series B-2 Preferred Share financing and Series C Preferred Share financing were US$31.7 million and US$109 million.
  • Acted for Northville Limited in its investment in Wave Power Renewables Limited, a developer of wave energy technology and projects.

Lee and Li, Attorneys-at-Law

With one of the strongest departments in the corporate and M&A arena, Lee and Li, Attorneys-at-Law is well-equipped to handle a broad range of transactional and advisory mandates for some of region’s largest international corporations. With a strong focus on M&As, privatisations, and spin-offs, the firm is also equipped to handle post-transaction corporate restructurings and regulatory compliance. The department boasts a strong front bench of partners with diverse multi-industry experience. Eddie Chan, Patricia Lin and C. T. Chang are noted for their cross-border M&A work, while James Chen brings valuable knowledge of Taiwan’s semiconductor industry. Ken-Ying Tseng rounds out the team with notable work in media, tech and broadcasting. Eddie Hsiung  is also highly recommended.

Responsables de la pratique:

Eddie Chan; Patricia Lin

Autres avocats clés:

C.T. Chang; James Chen; Ken-Ying Tseng; Eddie Hsiung; Yuan-Yuan Lo

Principaux clients

China Development Financial Holding Corporation

Gogoro Inc.

Ørsted Group

Baring Private Equity Asia

Hitachi, Ltd.

Global Renewable Synergy Company Limited (GRSC) / Global Power Synergy Public Company Limited Taiwan (GRSC Taiwan)

Citigroup Inc./Citibank Taiwan Limited

Domino’s Pizza Enterprises Limited

PAG (Pacific Alliance Group)

Principaux dossiers

  • Advised China Development Financial Holding Corporation on its acquisition of 100% stake in China Life Insurance Co., Ltd. (“China Life”) and privatization of China Life through share exchange.
  • Acts as Gogoro Inc. (“Gogoro”)’s Taiwan legal advisor assisting in Taiwan-law-related matters, including legal advice on transaction documents, F-1 form and Taiwan merger control assessment.
  • Assisted Ørsted Group on all elements of the divestment of 50% of the 605 MW Greater Changhua 1 Offshore Wind Farm to Caisse de dépôt et placement du Québec (CDPQ) and Cathay PE.

LCS & Partners

Working across a broad range of industries, LCS & Partners routinely advises Taiwanese and southeast Asian clients on regulatory and compliance within cross-border acquisitions, divestments, and other corporate transactions. Rich Lin and Victor Chang jointly lead the department with experience in cross-border transactions, fund formations, and offshore assets for businesses and high-net-worth individuals. Alex Yeh focuses on reorganisations and corporate restructuring while Kai-Hua Yu is noted for transnational mergers and delistings. Denise Jen compliments the department with her expertise in pharmaceutical law.

Responsables de la pratique:

Victor Chang; Rich Lin

Autres avocats clés:

Denise Jen; Kai-Hua Yu; Alex Yeh

Principaux clients

Bora Pharmaceuticals

Mercury Taiwan Holdings Limited

Longreach Capital Partners

Elite Material Co. Ltd.

Chang Wah Electromaterials Inc

Just Kitchen Holdings Corp.

Taishin Securities

Cathay Bank

Mediatek Corporation

500 Startups

Principaux dossiers

  • Advised Mercury Taiwan Holdings Limited to acquire 50% of the issued share capital of the target with a deal value of USD$ 2.7 billion.
  • Acted as the local counsel for Google International LLC in their acquisition of 4,880 ordinary shares of Ennoconn Corporation through private placement.
  • Represented Circle Inc. in its acquisition of CYBAV.

Lin & Partners Attorneys-At-Law

Catering to a variety of domestic and multinational corporations, Lin & Partners Attorneys-At-Law is routinely trusted as local counsel within complex, multi-party, cross-border transactions. Active across multiple industries, the firm is well placed to advise on procurement, contracts, deal structure and regulatory compliance. A key player in the space, George Lin has extensive experience advising global companies and domestic entities in the banking, fintech and renewable energy sectors. Kaiju Lee is well regarded for her work on investments and incorporation issues across Greater China. At the associate level, Ted Liu is noted for his experience in cross-border M&A work in the financial sector.

Responsables de la pratique:

George Lin; Kaiju Lee

Autres avocats clés:

Ted Liu

Principaux clients

Taoyuan Metro Corporation

Principaux dossiers

  • Acted as legal counsel for Taoyuan Metro Corporation on all corporate and M&A matters, including procurement, contractual performance, dispute resolution and labor matters.

Tsar & Tsai Law Firm

Tsar & Tsai Law Firm’s corporate and M&A team caters to high-profile domestic manufacturers as well as multi-national tech companies and financial institutions. The department routinely handles large scale due diligence and complex cross-border transactions. Jackie Lin, joint qualified in Taiwan and the US, focuses her practice on corporate deal structures, tax, post-transaction corporate restructuring and corporate governance. Janice Lin, also joint-qualified, brings expertise handling international investments and mergers in the green energy sector. Yvonne Liu  has broad experience advising clients on M&A activity in the tech, biotech, healthcare, e-commerce, finance and energy spaces. Lynn Lin  is also noted for her work in the technology and manufacturing sectors.

Responsables de la pratique:

Jackie Lin; Janice Lin

Autres avocats clés:

Yvonne Liu; Lynn Lin

Principaux clients

BP

SF Holding

SB Energy

Citibank

HP Inc.

Franz Haniel & Cie GmbH

CTBC Bank

Yorkey Optical International (Cayman) Ltd.

Good Friend International Holdings Inc.

Compal Electronic

beBit, Inc.

Taiwania Capital Management Corporation

TECO Electric & Machinery Co., Ltd.

A Taiwan securities firm

FiscalNote Inc.

MARELLI CORPORATION

Principaux dossiers

  • Served as Taiwanese counsel to BP in the USD 5 billion sale of petrochemicals business to INEOS.
  • Advised SF Holding, one of the largest Chinese package-delivery services, on its USD 2.3 billion takeover acquisition of the Hong Kong-listed Kerry Logistics.
  • Assisting Citibank on its NTD 44.3 billion sale of retailed banking business to DBS.

Dentons

Dentons' Taiwan branch represents a broad client base, including local Taiwanese companies and US and European multinationals. The firm oversees a high volume of M&A deals as well as minority share acquisitions and joint ventures. It is chiefly known for its tech sector work, but the practice has also been expanding into more niche sectors including agricultural sciences and recycling. The team is led by the experienced James Hsiao.

Responsables de la pratique:

James Hsiao

Autres avocats clés:

Chengkai Wang

Les références

‘The team’s strengths is its people and knowledge of both local and international regulations as it relates to cross border M&A transactions. The team is proactive and quick to respond. But most importantly, they give excellent bilingual advice and formal written opinions quickly, and in both English and Chinese.’

‘James Hsiao is not just an exceptional M&A lawyer, he is a master negotiator… an iron fist, in a velvet glove! His knowledge of both the local regulations and international issues for cross-border transactions (China, HK, Taiwan, and USA) is impressive. He is super organized and is able to anticipate all key deal points and solutions in advance. He is a pleasure to work with and easily accessible.’

Principaux clients

Rotam Global AgroSciences Limited

PCHOME ONLINE INC.

Poyun Co., Ltd.

Pau Jar Group (He Jhu Investment)

Cleanaway

EQT IX fund

Shen’s (a subsidiary of Yuen Foong Yu Group)

Principaux dossiers

  • Advised Rotam Global AgroSciences Limited on its delisting and sale to Albaugh LLC, a privately owned US limited liability company.
  • Advised the buyer (EQT IX fund) on its acquisition of Parexel International Corporation, a leading global clinical research organisation focused on the development and delivery of innovative new therapies to advance patient health.
  • Advised Pau Jar Group (He Jhu Investment) on its acquisition of Taiwan Calsonic Co., Ltd., a company listed in the Taipei Exchanges.

DTT Attorneys-At-Law

Closely aligned with the firm’s consultancy and financial advisory arms, DTT Attorneys-At-Law serves a wide range of international clients on deal structures, share swaps and purchases, corporate restructuring, privatisation, and corporate governance, as well as IPO preparation and filing. Justin Chen , registered as a Japanese foreign affairs attorney, ensures the firm is particularly well-placed to handle Japanese transactions. Ingrid Chen  specialises in corporate investments and mergers and acquisitions, while former Judge Sungmei Hsiung  is noted for her work in IP. Show Chen leads the department’s Kaohsiung office. David Lin joined the firm at a partner level in August 2022, further strengthening the team.

Responsables de la pratique:

Justin Chen; Ingrid Chen; Sungmei Hsiung; Show Chen; David Lin

Les références

‘The professional competence and attentive and friendly attitude of the lawyers of DTT allow us to complete our work very smoothly and efficiently. Ingrid Chen is excellent.’

Principaux clients

Fortune Electric Co., Ltd.

Fujikura Ltd.

Topco Quartz Products Co., Ltd.

Sentec E&E Co., Ltd.

Taiwan Wacoal Co., Ltd.

Phihong Technology Co., Ltd.

Ho Tai Motor Co., Ltd.

Ho Tai Development Co., Ltd.

Allied Supreme Corp.

Mitsumi Electric Co., Ltd.

Principaux dossiers

  • Assisted Topco Quartz Products Co., Ltd. in acquisition of General Precise Technology Company Ltd. and reviewed the share purchase agreement.
  • Assisted Sentec E&E Co., Ltd. in a joint venture project with Diodes Group, reviewing the joint venture agreements and advising on local compliance issues.
  • Assisted Taiwan Wacoal Co., Ltd. in selling its subsidiary in PRC and reviewed the share purchase agreement.

Eiger

Advising an array of US and European multinationals, Eiger is regularly trusted as local counsel for complex, multi-jurisdictional, multi-party transactions. Clients benefit from the firm’s integration with its global branches and a diverse front bench of partners. John Eastwood is well regarded for his work on corporate and commercial matters, particularly in the technology, logistics and shipping spaces. Heather Hsiao‘s work in the energy, entertainment and telecoms sectors is a key asset for the firm. Wendy Chu and Holly Chu are both highly recommended at the associate level.

Responsables de la pratique:

John Eastwood; Heather Tsiao

Autres avocats clés:

Wendy Chu; Holly Chu

Les références

‘The team of Eiger Law headed by Holly Chu is extremely responsive, helpful and provides us with useful advice on the practical implications of the local laws and regulations. There is a very smooth collaboration between the different offices and locations, which is very nice for non-Asia based companies.’

‘Holly Chu is always available, very concrete and to the point in her advice and also takes into account the interests of the business.’

‘Extremely professional with the necessary capabilities to support complex cross-border investments and mergers.’

Principaux clients

Subway

UPS

Major holding company

Hasbro

Several major energy companies

Premium motorcycle company

Major cargo company

Major North American media tech company

Leading European bank

Global manufacturer and marketer of consumer and professional products

Principaux dossiers

  • Advised Santera Limited on its acquisition of the Phoenix Technologies’ R&D department.
  • Advising Subway on corporate maintenance matters.

Formosan Brothers Attorneys at Law

Working on a host of cross-border transactions, Formosan Brothers Attorneys at Law serves a broad range of domestic and foreign banks, technology companies and manufacturers.Yvonne Lin  leads the department. She is joined by Li-Pu Lee , an experienced M&A lawyer with recent notable transactions in the investment banking, private equity, manufacturing, and technology spaces. Terry Tu handles syndicated loans, share acquisitions and asset financing issues, and holds a dual qualification in Taiwan and the US.

Responsables de la pratique:

Yvonne Lin; Li-Pu Lee

Autres avocats clés:

Terry Tu; Chiu-Hua Chen

Innovatus Law

Innovatus Law supplements its conventional work in M&A, joint ventures and corporate financing with innovative work in angel and venture capital investments, cryptocurrency compliance, and entertainment financing. Specialising in corporate governance and structuring, Chia-Heng Seetoo also boasts notable work handling IPOs and acquisitions in the technology space. Marine Yang has considerable experience representing Chinese and international entities in their Taiwanese business structuring and fundraising. Michael Scott’s dual-US and -Taiwan qualification is a key asset to the firm. Selwyn Vong is noted at the associate level.

Responsables de la pratique:

Chia-heng Seetoo; Marine Yang; Michael Scott

Autres avocats clés:

Selwyn Vong

Les références

‘Through the efforts of Chia-heng Seetoo and Selwyn Vong, Innovatus Law have provided invaluable counsel as our business operations in Taiwan have grown in the last 4 years. They have provided excellent, timely and cost-efficient guidance on a variety of legal matters.’

‘Marine Yang is extremely efficient, calm, and down to earth. She understands what her clients want and will walk you through every step.’

Principaux clients

91APP, Inc.

Ampere Computing

Artilux Corporation

ARM Limited

Catcher Group

Farglory Life Insurance Co., Ltd. / Farglory Group

Synopsys, Inc.

KkDay.com International Company Limited

Stampede Ventures

Venture Plus Fund

Foxsemicon Integrated Technology Inc.

Aevoe Inc.

Principaux dossiers

  • Acted as Taiwanese counsel for Stampede Ventures regarding its proposed investments in Taiwan.
  • Advised Foxsemicon Integrated Technology Inc. on its US$58.3 million private placement invested by Applied Materials.
  • Advised Kkday.com International Company Limited on its US$20 million Series C+ financing in early 2022.