Taiwan

Changfang and Xidao (CFXD) offshore wind project

Representation of Copenhagen Infrastructure Partners (CIP) on the development, equity sale process and US$3 billion (NT$90 billion) financing of the 589MW Changfang and Xidao (CFXD) offshore wind project in Taiwan.

Changhua 4 offshore wind project

Representation of the finance parties, comprising export credit agencies and commercial lenders, on the US$1.6 billion project financing of the 583MW Greater Changhua 4 Offshore Wind Farm in Taiwan, as part of Ørsted’s 50% equity divestment to Cathay Life.

Fengmiao 1 offshore wind project

Representation of Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V, on the divestment of a 10% stake in the 495MW Fengmiao 1 offshore wind farm located off the coast of Changhua County in Taiwan.

Yunlin offshore wind project

Representation of the export credit agencies and a syndicate of international and Taiwanese banks on the €2.7 billion project financing of the 640MW Yunlin offshore wind project in Taiwan. This included the subsequent restructuring of the project. This project was the first large-scale offshore wind project in Taiwan to reach financial close.

Zhongneng offshore wind project

Representation of China Steel Corporation and Copenhagen Infrastructure Partners as sponsors on the development and NT$45 billion (US$1.6 billion) project financing of the 298MW Zhong Neng offshore wind project located off the coast of Changhua County, Taiwan.

Delivery Hero's sale of Taiwanese foodpanda business to Uber and equity investment

Representation of Delivery Hero in its US$950 million cash sale of its foodpanda business in Taiwan to Uber Technologies, Inc., and on a separate US$300 million cash capital increase, fully subscribed by Uber, through its wholly-owned subsidiary SMB Holding Corporation.

Semiconductor M&A

Representation of GlobalWafers, a Taiwanese tech manufacturing company and one of the largest silicon wafer supplier in the world, (i) as regulatory counsel, in its US$4.5 billion acquisition of Siltronic AG; and (ii) in its US$683 million acquisition of SunEdison Semiconductor Limited.

Technology M&A

Representation of Armorize Technologies, Inc., a leading cloud-based security-as-a-service (SaaS) anti-malware product developer headquartered in Taipei, Taiwan, in its sale to Proofpoint, Inc., a leading SaaS provider.

Taipei Fubon Commercial Bank

Representation of Taipei Fubon Commercial Bank as agent and one of the mandated lead arrangers and bookrunners in a US$420 million and HK$1.408 billion (with a greenshoe option) secured guaranteed term loan to Golden Eagle International Trading Limited, a Chinese department store operator.

Real estate financing

Representation of the lenders, including E.Sun Commercial Bank, on the financing to Authentic Investment Limited for its acquisition of Powerful Ever Limited which indirectly owns Nexxus Building – one of the major real estate transactions in 2023.

The world's largest custom-made chip manufacturer based in Taiwan

Representation of the world's largest custom-made chip manufacturer based in Taiwan, against another major international semiconductor maker, in a multipatent infringement and trade secret misappropriation case, resulting in a favorable settlement for our client. The International Trade Commission (ITC) matter Certain Semiconductor Devices and Products Containing Same, Inv. No. 337-TA-525, resulted in one of the largest settlements in ITC history.

Favorable ruling for Chimei Innolux Corporation

We achieved a favorable ruling from the US International Trade Commission, which determined that Chimei Innolux Corporation did not violate Section 337, in an action brought by Thomson Licensing.

Defending a leading Taiwanese auto parts manufacturer in criminal grand jury investigation

Representation of a Taiwanese manufacturer DEPO in resolving criminal exposure for the company and its US subsidiary Maxzone in connection with the Department of Justice's investigation of aftermarket auto lights.

Advice to leading Taiwan companies on global antitrust compliance

Representation of Taiwan's most famous companies on sensitive antitrust issues in the US, Europe, and Asia, highlighting the global reach of our antitrust team.