• Acting as local legal consultant in a
consortium assisting an international advisory group in the review
and implementation of public bidding processes in relation to the
US$842-Million rail transit system expansion in Metro Manila. Work
includes the review of Philippine law governing public-private partnership
in infrastructure projects, providing advice to government agencies
on contractual and regulatory requirements governing public bidding
processes, and drafting legal and contractual documents required
for the transaction.
•
Acted as a member of the project advisory team to the Power Sector
Assets and Liabilities Management Corporation ("PSALM")
for the privatization of the National Power Corporation ("NPC")
and restructuring of the Philippine electricity industry.
• Developed a structure and process for the transfer of NPC
obligations under IPP contracts to PSALM and the National Transmission
Company ("TransCo") pursuant to the intent and requirements
of EPIRA. Work included preparation of enabling contracts and working
papers, and consultations with NPC, TransCo, PSALM and IPPs.
• Acted as legal advisor for PSALM in the
review and renegotiation of IPP contracts, including due diligence,
negotiation of enabling/amendatory agreements, coordination with
government agencies (including the National Economic and Development
Authority, Department of Finance, Department of Energy and government
legal counsels) to secure required project approvals, and advice
on applicable laws and legal requirements.
• In relation to IPP renegotiations, assisted
PSALM in the study of legal issues affecting NPC bonds and loan
covenants.
• Acted as legal advisor assisting a government
inter-agency committee in the review of NPC-IPP contracts. Work
included identification of international best practices on IPP contracts,
formulation of a methodology for the comparison and assessment of
risks and other material features of the contracts, and recommendations
for renegotiation strategy.
• Provided advice on tax implications relative
to IPP transfer process.
• Provides advice on various aspects of taxation to numerous
companies, including banks, insurance companies, real estate developers,
property managers, hotels and restaurants, manufacturers and IT
companies.
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