Firms To Watch: Corporate and M&A

Chen & Lin Attorneys-at-Law is noted for its capabilities in high-value transactions, working with a mix of start-ups and larger regional players on various acquisitions, divestitures, and market listings.
ChingCheng Attorneys-at-Law‘s boutique-style practice stands out for its broad life sciences focus, with recent engagements for the team including joint ventures, sales, and investment transactions across the bioscience and healthtech arenas. Ching Cheng Hou heads up the team.
Led by the highly experienced James Hsiao, Dentons represents a broad roster of investment banks, private equity houses, and Taiwanese-listed companies. New York-qualified Chengkai Wang is also recommended.

Corporate and M&A in Taiwan

Baker McKenzie

Baker McKenzie‘s corporate practice regularly handles a litany of domestic and cross-border deals for world-leading consumer goods conglomerates, semiconductor manufacturers, energy companies, and key regional investors. The team is jointly led by Kevin Wang, who is noted for his considerable M&A and private equity transaction experience, and Michael Wong, a specialist in cross-border joint ventures and international tax planning. Lindy Chern is recommended for her work with financial holding companies and counsel on build-operate-transfer ventures. Mark Tu and Gwyneth Gu are both well-regarded for their broad corporate and securities capabilities.

Practice head(s):

Kevin Wang; Michael Wong

Other key lawyers:

Lindy Chern; Mark Tu; Gwyneth Gu

Testimonials

‘Very good communication with the global counsel firm that makes the filing process very smooth.’

 

Key clients

Marubeni Corporation (AXIA Power Holdings, B.V.)

GlaxoSmithKline

GlobalWafers Co., Ltd.

WT Microelectronics Co., Ltd.

ASE Technology Holding Co., Ltd.

Imerys Asia Pacific Pte. Ltd.

KHL Capital/Growww Co. Ltd.

Fubon Financial Holding Company, Ltd.

Work highlights

  • Advised GSK on the corporation matters in Taiwan regarding the formation of a consumer healthcare joint venture with Pfizer.
  • Advised GlobalWafers Co., Ltd. in its signing of a USD $4.53bn Business Combination Agreement and acquisition of Siltronic AG.
  • Advising ASE Technology Holding Co., Ltd. in a USD $145m equity interest transaction between Siliconware Electronics (Fujian) Co., Limited and Ramaxel Technology (Shenzhen) Co., Ltd.

Jones Day

Jones Day‘s Taipei office boasts one of the strongest and most active corporate practices in the market. Jointly led by the highly experienced Tommy Chen and John Lin, the team acts for an extensive roster of blue-chip multinationals and mid-market Taiwanese companies on high-value, frequently cross-border M&A mandates. In recent months, tender offers and take-privates have emerged as key work streams for the group, especially in the fields of semiconductors, electric vehicles, and renewable energy. Raymond Wang acts for public and private companies in a range of corporate and commercial matters, while Jean Kuo handles cross-border transactions with a strong competition approval aspect. Peggy Lee is noted for her knowledge of corporate governance codes. All named lawyers are based in Taipei.

Practice head(s):

Tommy Chen; John Lin

Other key lawyers:

Raymond Wang; Jean Kuo; Peggy Lee

Testimonials

‘They are experienced and professional in transactions and skilled both for the global perspective and local environment.’

‘John Lin knows what the clients need. A great guide and very prompt.’

Jones Day is an international law firm with the global network covering most of the major jurisdictions. Jones Day is very good at the cross-border M&A and particularly for the M&A transactions crossing multiple jurisdictions where it may quickly arrange and coordinate with the Jones Day lawyers in different jurisdictions. Jones Day is very helpful for a client with the multi-national presences and global operations.’

Jones Day lawyers are very sharp for the industry movement and trend. Most of Jones Day lawyers are capable of fluent English or multiple languages. Jean Kuo, the partner in Jones Day, is fluent in Chinese, English and Japanese, and is very helpful to us particularly if we are to expand our operation in Japan or work with the Japan investors. She knows the culture of Japan and what the Japanese investor is thinking.’

Key clients

Yulon Group

Diodes Incorporated

Qisda Corporation

Catcher Technology Co., Ltd.

Taiwan Cement Corporation

Yeong Chin Machinery Industries Co., Ltd.

Dyaco International Inc.

Gigamedia Ltd.

Tatung Co., Ltd.

Taiwania Capital Management Co., Ltd.

K&L Gates

K&L Gates enjoys a stellar reputation among its diverse roster of clients for cross-border M&A, restructurings, and other corporate and commercial transactions. Drawing on the firm’s strong presence in the Asia-Pacific region, the team is regularly engaged by both domestic and foreign companies seeking assistance on overseas IPOs and cross-border deals in regulated sectors. Practice head Jacqueline Fu is highly experienced in transnational restructurings and acquisitions for clients in tech and life sciences. James Chen frequently works with businesses and investors looking to enter the PRC market via joint ventures and expansion projects, while Billy Chen is a go-to advisor for fast-growth companies in the fintech and AI space. Owen Chio and Joseph Tseng are noted for their capabilities in the energy space, with Chio concentrating on oil and gas transactions while Tseng focuses on renewables and biotech companies.

Practice head(s):

Jacqueline Fu

Testimonials

‘High level of partner involvement, in-depth understanding of Taiwan’s renewables sector, and a responsive team that is uniquely able to provide both Taiwan local counsel and international perspective.’

‘Billy Chen is very commercial and responsive. Joseph Tseng is hands on and knowledgeable.’

 

Key clients

Acepodia, Inc.

Cloud Mile Inc

EMQ Inc.

IQE plc

Kneron Holding Corporation

New Green Power

Northville Limited

Perfect Corporation

Soleq Taiwan Renewables Ltd.

Taiwan Liposome Company Limited

Work highlights

  • Advising Kneron Holding Corporation in connection with a financing via issuance of series A-2 preferred stocks to a VC investor consortium.
  • Advised IQE plc on its acquisition of IQE Taiwan via a share swap.
  • Acted for Cloud Mile Inc in connection with its Series B fund-raising to leading venture capital investors.

Lee and Li, Attorneys-at-Law

With one of the largest, most active corporate practices in Taiwan, Lee and Li, Attorneys-at-Law is ideally placed to handle a broad range of transactional and advisory mandates for a sizeable clientele of domestic and foreign entities. Beyond its core expertise in M&A, restructurings, and spin-offs, the team is also noted for its regular participation in public policy initiatives shaping the legal infrastructure of the Taiwanese economy, such as the Corporate Merger and Acquisition Act, and the Financial Holding Company Act. James Chen specialises in cross-border transactions for clients in highly regulated industries. Chao-Tung Chang is a key contact for renowned multinational insurers looking to complete mergers or divest assets in the local market. Ken-Ying Tseng is recommended for his far-reaching media, tech and broadcasting expertise, while Grace Y. H. Wang is a name to note for asset management M&A. Gary Chen is also recommended.

Practice head(s):

Eddie Chan; Patricia Lin

Testimonials

‘The firm has a strong bench and the lawyers work well across disciplines.’

‘Susan Lo is a very attentive and responsive lawyer. She is thorough and proactive.’

Key clients

Kioxia Corporation (Toshiba Memory Corporation)

Hakuhodo Incorporated

I Squared Capital

BlackRock Investment Management

On-Bright Electronics Incorporated

LEXTAR ELECTRONICS CORP.

Pegatron Corporation

The Dairy Farm Company Ltd.

Prudential Financial, Inc.

China Development Financial Holding Corporation

Kioxia Corporation (Toshiba Memory Corporation)

Work highlights

  • Acted as legal counsel to Kioxia Corporation (Toshiba Memory Corporation) regarding the entire transaction process.
  • Assisted Hakuhodo to navigate all such compliance issues, and supported communication with the Taiwan regulators in charge of foreign investment and stock exchange delisting.
  • Acted as ISQ’s Taiwan counsel and advised ISQ throughout the deal process.

LCS & Partners

LCS & Partners is a regular advisor to a number of well-known Taiwanese and southeast Asian clients seeking assistance on cross-border acquisitions, divestments, and other corporate transactions. The team works with clients active in a range of sectors, with a particular strength in financial services and semiconductor M&A. Victor Chang heads up the firm's cross-border offering, focusing on transactions, fund formations, and offshore assets both for businesses and high-net-worth individuals. Kai-Hua Yu is experienced in big-ticket transnational mergers and delistings. Alex Yeh focuses on cross-border deals, liquidations, and reorganisations, with recent highlights in the tech and biotech space. Denise Jen specialises in pharmaceutical law, while Yeng Lu is a key contact for cross-border investment matters, including the PRC.

Practice head(s):

Victor Chang; Rich Lin; Kai-Hua Yu

Other key lawyers:

Alex Yeh; Yeng Lu

Testimonials

‘Quick, responsive, and very reliable. Quality and efficiency are the hallmarks of the LCS and Partners team.’

‘Partners are quick, responsive and efficient at identifying key issues and providing solutions.’

 

Key clients

Bora Pharmaceuticals Co., Ltd.

KEMET Corporation

Magicapital Group

Panion and BF Biotech, Inc.

Elite Material Co., Ltd.

Kwong Fong group

Alpha Beta Global Tapes

Chang Wah Electrochemicals

MueTec GmbH

ABB Ltd. and Fimer SpA.

MAXIGEN BIOTECH INC.

Seagull (Hong Kong) Kitchen & Bath Co., Limited

Work highlights

  • Assisted NVIDIA with the acquisition of Arm for $40bn.
  • Assisted TPG Capital with a $2.3bn multi-jurisdictional transaction.
  • Advised KEMET on its $1.6bn post-merger acquisition by Yageo.

Lin & Partners Attorneys-At-Law

Lin & Partners Attorneys-At-Law acts for a diverse cross-section of Taiwanese start-ups, fast growth companies, energy providers, and public sector bodies on the full gamut of corporate and commercial matters. The team is noted for its capabilities in securing and approving cross-strait investments in Taiwanese entities, working closely with the relevant authorities to secure favourable outcomes for clients across the region. Kaiju Lee is a key contact for inbound and outbound investments and incorporation issues for PRC, Hong Kong, and Macau entities. As one of the most experienced practitioners in the market, George C.H Lin is routinely instructed by financiers and domestic companies – increasingly in the fintech and renewable energy space. Ted Liu is noted for his participation in various multi-jurisdictional mandates.

Practice head(s):

George Lin; Kaiju Lee

Other key lawyers:

Ted Liu

Testimonials

‘Lin & Partners are very timely, efficient, and effective. Their solutions are always comprehensive and commercially feasible. Compared with other top-tier law firms, they offer the same, or even better, quality of legal services with very reasonable prices.’

Key clients

Taoyuan Metro Corporation

HappyFan7 (21st Century Technology Co.)

Kilin Hotel Group

Shinfox Corp.

Transportation and Tourism Department, Hsinchu County Government

Tsar & Tsai Law Firm

Tsar & Tsai Law Firm is noted for its representation of various domestic and foreign corporates on cross-border transactions in the renewable energy, health, and pharmaceutical sectors. In recent years, the team has handled an increasing volume of inbound investments from major APAC players looking to establish a presence in Taiwan’s burgeoning offshore wind economy. Lynn Lin is especially noted for renewable investment practice, advising a number of foreign clients on solar and offshore wind ventures. Janice Lin is another name to note for offshore wind investments and JVs, while Jackie Lin and James S. J. Cheng are recommended for their capabilities in cross-border M&A. Yvonne Liu advises on mainland investment projects and shareholder disputes.

Practice head(s):

Jackie Lin; Lynn Lin

Other key lawyers:

Janice Lin; James Cheng; Yvonne Liu

Key clients

TECO Electric & Machinery Co., Ltd.

BP

Showa Denko K.K.

HP Inc.

Globe Union Industrial Corp.

AIT Worldwide Logistics

Trian Fund Management

SF Holding

HP Inc.

Marelli Corporation

Work highlights

  • Advised TECO Electric & Machinery Co., Ltd. on its share exchange and collaboration transaction with Walsin Lihwa.
  • Served as Taiwanese counsel to BP in its $5bn agreement to sell its petrochemical business to INEOS.
  • Advised Showa Denko K.K. on its acquisition of a 87.61% shareholding of Hitachi Chemical.

Winkler Partners

Drawing on the team’s multidisciplinary structure and international cooperation via the Interlaw network, Winkler Partners‘ corporate practice is ideally placed to handles transactions for clients in a range of sectors and jurisdictions. Over the past year, the team has successfully coordinated several greenfield investments into Taiwan in emerging industries such as offshore wind, including numerous permitting issues, and real estate advice for MNCs. The dual-qualified (US and Taiwan) Gregory Buxton variously handles M&A, restructurings, and private equity investments throughout East Asia. Christine Chen assists foreign clients to establish local market entities, conduct compliance reviews, and apply for foreign investment approval. Ling-Ying Hsu supports businesses with licensing, distribution, and advertising agreements. Ming Teng handles company formations, restructurings, and dissolutions.

Practice head(s):

Gregory Buxton; Christine Chen

Other key lawyers:

Ling-Ying Hsu; Ming Teng

Work highlights

  • Advised on a greenfield investment in Taiwan’s nascent offshore wind energy industry worth NTD 4bn.
  • Undertook a wide-ranging exploratory project on behalf of an American eCommerce giant including advise on tax, real estate, and data protection.
  • Advised a Brazilian enterprise resource planning company on the restructuring of its Taiwan subsidiary.

Chien Yeh Law Offices

Various domestic and foreign enterprises in TMT, banking, and financial services turn to Chien Yeh Law Offices for assistance on cross-border acquisitions, takeovers, MBOs, and restructurings. The team is also noted for its contentious offering, particularly in equity-related litigations. The team is jointly led by three partners: Michael Wang, experienced in tax transactions and disputes; Gary Hung, who focuses on share acquisitions and public tender offers, and Rosy Chang, who specialises in IP law. All named lawyers are based in Taipei.

Practice head(s):

Michael Wang; Gary Hung; Rosy Chang

Key clients

Chunghwa Telecom Co., Ltd.

Gemtek Technology Co., Ltd.

Ventec International Group Co., Ltd.

Taiwan Financial Holdings Co., Ltd

BankTaiwan Life Insurance Co., Ltd.

Chunghwa Telecom Co., Ltd.

M.J. International Co., Ltd.

Lida Holdings Limited

Khgears International Limited

World Known MFG (Cayman) Limited

AIG Asia Pacific Insurance Pte. Ltd., Taiwan Branch

Work highlights

  • Advised Hunter’s Dream Estate Pty Ltd. on the acquisition of GOMAJI Corp., Ltd.

DTT Attorneys-At-Law

DTT Attorneys-At-Law handles a number of cross-border transactions for a diverse array of regional corporations. Robin Lin focuses on administrative litigation and tax controversy issues, while Ingrid Chen concentrates on M&A and capital markets transactions. Sungmei Hsiung is recommended for her broad IP capabilities, most notably in patent, trade mark, copyright and trade secrets.

Testimonials

‘The team provided service based on cooperation, with trust and honesty.’

‘The team are all very responsive and quick in action, promptly providing feedback or opinions with thorough background or supporting information.’

Key clients

Dacome International Ltd.

JJNet International Co., Ltd.

Presicarre Corporation

PI Mobile Technology Inc.

Taiwan Powder Technologies Co., Ltd.

Ya Tung Ready Mixed Concrete Co., Ltd.

Work highlights

  • Assisted Presicarre Corporation in legal due diligence on Wellcome Taiwan covering more than 200 stores and review of the share purchase agreement.
  • Assisted Taiwan Powder Technologies Co., Ltd with legal due diligence on Phonic Corporation, and reviewed the share purchase agreement.
  • Assisted Dacome International Ltd. in liaison with local counsel on legal due diligence on a U.S. non-listed company.

Eiger

Eiger receives a steady stream of corporate instructions from a number of North American and European multinationals and global law firms seeking assistance on deals in the local market. The team is also increasingly engaged by both domestic and foreign players in the green energy space. John Eastwood is a highly experienced advisor who handles corporate and commercial matters for technology companies, logistics groups, and freight carriers. Heather Hsiao‘s practice is concentrated in the energy, entertainment and telecoms sectors, while Holly Chu‘s recent transactional highlights include asset deals and acquisitions for European tech conglomerates.

Practice head(s):

John Eastwood; Heather Hsiao

Other key lawyers:

Holly Chu

Testimonials

‘We found the Eiger team very easy to work with Every aspect of Taiwan law was addresses efficiently and quickly. ’

‘We found Holly Chu provided absolutely excellent and prompt responses to every questions and problem. Michael Werner and John Eastwood were also excellent.’

Key clients

Santera Limited

Subway

Hasbro

UPS

Marken

Formula Chemicals

Major seafood group

Major snackfood company

Work highlights

  • Provided Santera with M&A due-diligence and full handling of corporate and transactional matters for the various acquisitions.
  • Assisted Subway with corporate maintenance and other matters on behalf of the world’s largest restaurant franchise.
  • Assisted UPS with corporate and M&A matters in relation to the acquisition of entities in Taiwan and structuring.

Formosan Brothers Attorneys at Law

The multi-disciplinary team at Formosan Brothers Attorneys at Law works with domestic and foreign banks, technology companies, manufacturers, and retailers on a host of transactions. Registered arbitrator Li-Pu Lee is experienced in cross-border M&A, international trade, and shareholder negotiations. Terry T.H. Tu handles syndicated loans, share acquisitions and asset financing issues for a global client base. Dual-qualified (US and Taiwan) Meng Chin Tsai is recommended for her fintech capabilities. All named lawyers are based in Taipei.

Other key lawyers:

Terry Tu; Meng Chin Tsai

Guo Ju Law Firm

Boasting a number of dual-qualified attorneys and Law Firm Network membership, Guo Ju Law Firm offers corporate and commercial support to a number of Taiwan-listed companies, and American and PRC firms without significant local operations. Practice head Alex Hsin – who is qualified in both Taiwan and mainland China – specialises in cross-strait investment transactions, acquisitions, and divestments. Jill Hsu and Willy Wang are also recommended.

Practice head(s):

Alex Hsin

Other key lawyers:

Jill Hsu ; Willy Wang

Key clients

Emdoor

Kedge Construction

Georg Jensen

Hainan Airlines Co., Ltd.

SHINTAO NATURAL GAS

LG Display

SONY

YAHOO

Topco Scientific Co. Ltd

SOFTSTAR ENTERTAINMENT INC.

Advanced Lithium Electrochemistry (KY) Co. , Ltd.

Amazing Microelectronic Corp.

Team Group Inc

ECCO Taiwan

YUDEN-TECH CO.,LTD

Corporate Synergy Development Center

CHEONG KWAN JANG

Innovatus Law

Further to its core expertise in cross-border M&A, joint ventures, and inbound financings, Innovatus Law routinely handles a host of corporate and commercial matters for angel and venture capital investors, and international content production studios. Chia-Heng Seetoo is key contact within the practice for capital market transactions and general corporate advisory, with recent highlights including Taipei Exchange IPOs and acquisitions for semiconductor manufacturers. Marine Yang has a wealth experience representing various foreign and PRC-base enterprises doing deals in the local market. Michael Scott, who focuses on cross-border commercial transactions, arrives from Russin & Vecchi (International Legal Counsellors).

Testimonials

‘Innovatus Law is a young firm with tremendous potential. They are extremely knowledgeable with extensive experience locally and globally. The team has the gravitas of a large institution but the flexibility and efficiency of a start-up. Highly recommended!’

‘Marine Yang is extremely professional and approachable. She helps you navigate the legal world with ease and answers any questions promptly. It has been a privilege to work with Marine and her team.’

Key clients

91APP, Inc.

Ampere Computing

Artilux Corporation

ARM Limited

Catcher Group

Farglory Life Insurance Co., Ltd. / Farglory Group

Synopsys, Inc.

United Overseas Bank, Taipei Branch

KKDay.com International Company Limited

Work highlights

  • Acted as 91APP’s issuer Taiwan counsel (lead counsel) in its initial public offering application to Taipei Exchange.
  • Acted as Synopsys, Inc.’s Taiwan local counsel to acquire 100% equity stake in Dorado Design Automation, Inc.
  • Advised on Kkday.com International Company Limited on its USD $75m Series C financing.