It is a “one-stop shop” as the firm provides and coordinates strategic legal and tax planning, corporate housekeeping, tax and local permit compliance, management and preparation of books of accounts and preparation of financial statements in coordination with the law firm InsightsLaw & Company and the accounting firm, Tam-Yap Paor CPAs, both holding office within the company’s premises.
Asian Insights also provides property and development related services, including the acquisition of land, rights of way, easements, and water rights, and assists in securing national and local governmental permits for infrastructure and other projects.
In 1997, Asian Insights oversaw the acquisition of approximately 5,000 hectares of land for the 345 MW hydro-electric San Roque Multi-Purpose Power project in San Manuel, Pangasinan. Asian Insights was also engaged by CalEnergy International Services, Inc. to assess and review documentation of land acquired by the Metropolitan Waterworks and Sewerage System for the Manila Water Supply Project III and the Laiban Dam Project. Asian Insights also assisted the PECABAR law offices in the negotiation of the Energy Conversion Agreement between Korean Electric Power Corporation and the National Power Corporation for the 1,200MW Ilijan Combined-Cycle Power Plant, Ilijan, Batangas.
Asian Insights was also engaged as a consultant of Luzon Hydro Corporation to address the condition-precedent requirements for the effectiveness of the Power Purchase Agreement between National Power Corporation and Luzon Hydro Corporation for the construction and operation under a build-operate-transfer arrangement of the 70 MW Bakun Hydroelectric Power Plant in the Provinces of Ilocos Sur and Benguet and of the various credit agreements financing its construction.
Asian Insights secured the registrations, governmental approvals, and other conditions precedent required for the effectiveness of the Build-Rehabilitate-Operate-Transfer Agreement between National Power Corporation and the Argentinean company Industrias Metalurgicas Pescarmona S.A.I.C.&F. covering the Caliraya, Botocan, and Kalayaan Hydroelectric Power Facilitiesin Laguna, including the new 345 MW Kalayaan II Hydroelectric Power Station. Asian Insights secured approvals required from the Regional Development Council, the Department of Finance, the Department of Energy, the Bangko Sentral ng Pilipinas, the Board of Investments, and other agencies for the construction and operation of the project and its registration as Pioneer Enterprise under the Investment Incentives Act.
Asian Insights has assisted in the organization, company registration, and procurement of licenses for the operation of a thrift bank and similar organizations, as well as several holding companies and manufacturing, industrial, and commercial enterprises.
In 2012, the Law Firm assisted in the right of way acquisition of the affected lots to be traversed by the transmission line needed to deliver power to the National Grid Corporation from a power plant to be located at the Subic Bay Freeport Zone.
In 2016, the Law Firm assisted in the acquisition of the affected lots that will be needed for the construction, erection, operation and maintenance of the 500kV transmission line that will interconnect a major power plant to the Luzon Grid.
The Law Firm also assisted in the negotiation of the terms of the Share Sale and Purchase Agreement and the Shareholders Agreement of various joint venture companies. It also assisted in the review of various project construction documents.
The Law Firm has been successful in securing several tax refund of excess Value Added Input Tax and successfully litigated the refund of final withholding tax paid under protest.
The Law Firm successfully assisted clients before the Philippine Competition Commission. Notable achievement includes successfully securing clearance for a share sale transaction between companies involved in a major infrastructure industry.
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