Formosan Brothers continues to expand on its "base of foreign clients" and had another busy year working on several significant acquisitions. The team's M&A practice continues to grow especially for cross-border transactions and "work with international law firms has been highly recognised", comments a rival partner....
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Formosan Brothers continues to expand on its "base of foreign clients" and had another busy year working on several significant acquisitions. The team's M&A practice continues to grow especially for cross-border transactions and "work with international law firms has been highly recognised", comments a rival partner.
The team represented a client to purchase all shares of a target company in Taiwan, which became the client's subsidiary. This deal involves the shares transfer and purchase of assets located in China, Germany and the US and is also related to the allocation and license of varies intellectual property right.
Other M&A transactions include representing a domestic company to sell significant shares to a Japanese automobile manufacture with option for further purchase.
The restructuring and insolvency team's senior partners meanwhile were appointed by the court as the administrators in several large bankruptcy proceedings in Taiwan. Chih-Poung Liou was appointed as the bankruptcy administrator for a domestic publicly traded electronic company by the Taipei District Court.
The team also represented a client to seek recovery from an investment advisor founded in US, which is currently under receivership. The case involves the fraudulent offer and sale of securities.
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