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Orchid Group launches Orchid Law

Orchid Group is pleased to announce the formation of an affiliated law firm, Orchid Law. The combination of Orchid Group and Orchid Law allows us to offer clients a one-stop shop for commercial and legal advice.

As part of our support of Asian investors evaluating opportunities and markets in North America, Orchid Group has in the past provided supplemental legal services such as documentary due diligence, drafting and negotiations of agreements, and advice on laws, regulations, and trending legislative changes. Establishing a separate but related law firm to provide a full slate of legal support for all of our clients made perfect sense.

Orchid Law is under the leadership of Lilly Teng as Managing Partner of the firm. Lilly has been a member of the State Bar of Texas since 1989. She is also a member of the Advisory Council for the International Law Section of the Texas Bar and Secretary of the San Antonio Bar Association’s International Law Section. She previously served as General Counsel of Suez North America’s unregulated divisions for wholesale marketing and trading, and LNG development, Legal Adviser to Texaco and Chevron, Senior Counsel for BlackBrush Oil & Gas, and Senior Counsel at Enron Law.

Orchid Law will focus on international business transactions and projects, using strategies and tools to help clients make better, smarter, and profitable deals. Also known as 360° due diligence, Orchid Law uses the Hybrid Due Diligence method of combining traditional, digital, and cyber tools for investigations of foreign business partners and assets, and to gather all other data the client needs to assess risks early in the transaction.

We understand clients’ concerns about meeting business goals while managing external legal fees and costs. Therefore, Orchid Law will work with clients for flexible rate structures that align better with business goals and provide budget certainty.

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Sample Assignments: Connections and Networks

Background: Orchid advised several organizations and institutions regarding promotion of cooperation and investment with American companies, and education on the USA oil and gas supply and value chain: Ministry of Economic Affairs, Industrial Research Technology Institute, Taiwan-USA Industrial Cooperation Promotion Office, Taiwan Business Weekly.

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Sample Assignments: 360º Due Diligence

Background: Orchid’s investigation on business partners, active diligence on claims of development status and projects assets led clients to evaluate realistic outcomes of investment and entering into purchase agreements.

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Sample Assignment: Critical Industries

Background: A private PRC brand name company in the Chinese electronics industry hired Orchid to assist on securing USPTO patents and advise on international market entry in USA, Europe, Japan, and Korea. Prior to hiring Orchid, the client interviewed major law firms in China and USA for IP work, however, was unable to progress for several reasons.

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Sample Assignments: Renewable Energy

Background: Orchid represented major Asian wind turbine manufacturers and development companies on multiple assignments in Asia, USA, and Europe. Check out Orchid Group Services. Our roles range from legal and regulatory adviser to helping clients find the right partner or investor, projects, and site locations.

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Sample Assignments: Power (LNG)

Background: Our experience in LNG covers decades working with companies in USA, Korea, China, Japan, and Taiwan in multiple roles. Orchid Group are experts on work such as market studies and LNG analysis. In addition, we represented multinational corporations on investment in LNG liquefaction projects and securing access to the China LNG market.

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Sample Assignment: Power (SK E&C)

Background: SK E&C hired Orchid to lead commercial and legal due diligence on the potential acquisition of 100% membership interests in two greenfield combined cycle power plants in ERCOT.

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Sample Assignment: Power (KOSEP)

kosep

Background: Korea South-East Power Co. (“KOSEP”) was considering the acquisition of a greenfield CCGT project in Pennsylvania within the PJM market and hired Korea Ratings (“KR”) to assess the feasibility of the project. On behalf of KOSEP, KR hired Orchid to lead due diligence from on the ground.

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Case Study: #2 Commercial Advisory

xemc

Background: Chinese wind turbine manufacturer, XEMC, approached Orchid to advise it on a brownfield wind power project in California that the firm was considering purchasing and re-powering with its own turbines.

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Case Study: #1 Commercial Advisory

kosep

Background: Korea South-East Power Co. (“KOSEP”) was considering the acquisition of a greenfield CCGT project in Pennsylvania within the PJM market and hired Korea Ratings (“KR”) to assess the feasibility of the project. On behalf of KOSEP, KR hired Orchid to lead due diligence from on the ground.

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Case Study: #2 Market Research

Background: The Electricity Generating Public Company Limited wished to bid on the sale of a 49% stake in an 1800 MW CCGT in South Korea and needed an adviser to forecast power market prices and advise on issues related to LNG supply agreements and a terminal use agreement.

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Case Study: #1 Market Research

Background: A confidential client was required by the lenders to two of its gas-fired power projects to demonstrate the competitiveness of its LNG supply agreements. Orchid Group was engaged to conduct the study.

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Case Study: Deal Origination

Background: Energy Initiative Japan (EIJ), a Japanese developer of solar projects hired Orchid to lead the sale of a portfolio of greenfield solar projects developed under the Feed-in-Tariff (FIT) established under the “Act on Special Measures Concerning the Procurement of Renewable Electrical Energy by Operators of Electric Utilities” in Japan.

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Case Study: Strategy Consulting

doosan

Background: Doosan Heavy Industries (DHI) was eyeing the United States as their key market for selling wind turbines, but wanted to understand whether they could compete there, what models were most competitive the logistical network required for them to compete in the USA. They hired Orchid to help them work through developing market entry strategy.

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Orchid provided DHI with a comprehensive package complete with strategic options for entering the USA.

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