Legal500

Formosan Brothers Attorneys at Law

7F / 376 JEN AI ROAD, SECTION 4, TAIPEI 106, TAIWAN

What we say about this firm…
What the firm says…

What we say about the firm's legal practice in Taiwan

Banking and finance

Within Banking and finance, Formosan Brothers Attorneys at Law is a third tier firm,

Peter Chen leads the banking and project finance team at Formosan Brothers Attorneys at Law, and recently advised a construction company on financing for the Taipei 101construction project, and a film producer on the financing of a new film.

Capital markets

Within Capital markets, Formosan Brothers Attorneys at Law is a third tier firm,

Formosan Brothers Attorneys at Law’s team is led by Sophia Lelong and Li-Pu Lee. It recently advised a Japanese company in relation to a Taiwan IPO application, and an underwriter of a publicly traded Malaysian company seeking a Taiwan IPO.

Corporate and M&A

Within Corporate and M&A, Formosan Brothers Attorneys at Law is a second tier firm,

Li-Pu Lee leads the team at Formosan Brothers Attorneys at Law, and recently advised an international jewellery retailer on the sale of its shares in both Taiwan and Hong Kong.

Dispute resolution

Within Dispute resolution, Formosan Brothers Attorneys at Law is a first tier firm,

Formosan Brothers Attorneys at Law successfully represented a Taiwan-listed construction company in arbitration with a governmental department, regarding payments arising from the Southern Taiwan Science Park. The team also advised a Japanese construction company and a leading US law firm. James Ku and Chih-Poung Liou lead the practice.

Employment

Within Employment, Formosan Brothers Attorneys at Law is a first tier firm,

At Formosan Brothers Attorneys at Law, Chih-Poung Liou and Sophia Lelong are the key contacts, and recently advised a Taiwanese shipbuilding company in a large-scale dispute with 2,000 employees seeking ND$1bn in salary shortfall.

Intellectual property

Within Intellectual property, Formosan Brothers Attorneys at Law is a second tier firm,

Yvonne Lin’s team at Formosan Brothers Attorneys at Law handled a number of litigation cases in 2010, including representing a leading US semiconductor company in a patent infringement action against a Korean manufacturer of LCD panels.

Projects and energy

Within Projects and energy, Formosan Brothers Attorneys at Law is a second tier firm,

James Ku and Chih-Poung Liou are the key contacts for energy and natural resources matters at Formosan Brothers Attorneys at Law. It recently advised a state-owned enterprise on setting aside a NT$120m fine imposed by the Environmental Protection Administration for waste water discharge.

Real estate and construction

Within Real estate and construction, Formosan Brothers Attorneys at Law is a second tier firm,

Chih-Poung Liou and Li-Pu Lee lead the team at Formosan Brothers Attorneys at Law, and in 2010 advised an international airport corporation in construction disputes and contractors in relation to escalation claims.

TMT

Within TMT, Formosan Brothers Attorneys at Law is a second tier firm,

Yvonne Lin and Li-Pu Lee lead Formosan Brothers Attorneys at Law practice, which deals with contentious and non-contentious TMT matters. It advised a TV network company regarding alleged violation of the Fair Trade Act.

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Legal Developments in Taiwan

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Franchising Guidelines Revamped

The Guidelines Governing Disclosure of Information by Franchisors were first promulgated by the Fair Trade Commission in 1999.

- Formosa Transnational
IP Court clarifies whether online publication counts in patent spat

Under Taiwan’s patent law, an invention must not be published before a patent application is filed in order for it to be patentable.

- Formosa Transnational
Director’s Implied Agreement to Electronic Notice for Convening Board Meetings

According to the Companies Act, “in convening a meeting of the Board of Directors, a notice setting forth therein the subject(s) to be discussed at the meeting shall be given to each Director and Supervisor no later than 7 days prior to the scheduled meeting date.

- Formosa Transnational
TIPO determines royalty rates for public performance

The Taiwan Intellectual Property Office (TIPO) recently completed a review of several copyright public performance royalty rates set by copyright collective management organizations (CMOs).

- Formosa Transnational
Rules for Compensation Committee Settled

In the December/January 2011 issue, we reported that an amendment to the Securities and Exchange Law was adopted to request listing companies establishing compensation committees. And, under the authorization of the Law, qualifications of the members and the competence of the compensation committee will be promulgated by the Financial Supervisory Commission (FSC), the financial regulator in Taiwan.

- Formosa Transnational
Proposed Amendments to Insurance Law to Deter Unapproved Offshore Insurance Policies and...

to Enable Collection of Sensitive Personal Data

- Formosa Transnational
Proposal to amend Company Law

In 2009 the government proposed amendments to the Company Law (the Law) and on January 3 2011, the Economic Committee of Legislative Yuan passed the first reading of the amendments. The main points are summarised below.

- Formosa Transnational
Taiwan Company Law provides favourable conditions for business establishment

The codified Taiwan Company Law constitutes the major regime of Taiwan corporate law and systematically covers matters from establishment, management and audit structure, accounting, merger and split-up to dissolution and liquidation.

- Formosa Transnational
Taiwan provides safe harbour for ISPs in copyright infringement cases

On 21st April 2009, in light of the increase in online copyright infringement in recent years, the Legislative Yuan completed the third and final reading of the Internet Service Provider (ISP) Liability Limitation Bill, which amends the Copyright Act to strengthen the protection of copyrighted materials on the Internet.

- Formosa Transnational
Amendment to patent examination guidelines regarding determination of filing dates

In order to harmonise Taiwan’s practice further with international patent prosecution practice, the Taiwan Intellectual Property Office (TIPO) recently completed an amendment to the Procedural Examination Guidelines. The amendment focuses on how to determine the filing date of a patent application.

- Formosa Transnational