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  • Asia-Pacific

Jipyong

Seoul

  • KT&G Seodaemun Tower
  • Seoul
  • South Korea
  • 120-020

General Business Law - Myanmar

This Korean firm has a burgeoning practice in South-East Asia, with offices in Vietnam, Cambodia and Laos. Additionally, the firm established an office in Yangon in 2012, with three lawyers on the ground and a further five in Korea working closely with the team on Myanmar-related matters. It is advising Korean companies in the heavy industry, hospitality and retail sectors, among others, in relation to investment opportunities in Myanmar. Jeoung-Hoon Yoo is a key contact based in Yangon.

Banking & Finance - South Korea

What the team is known for A relative newcomer to the market, with an effective and well-rounded banking and finance practice. Carving out a solid foothold in the market, especially in relation to project and acquisition financing.

Work highlights Advised a consortium of domestic financial institutions on granting an asset-backed loan, with the assets of Qingdao Lidong Chemical as security.

Notable practitioners  

Yully Kang is the key contact for this practice area.

Significant clients Daihan Securities, Korea Exchange Bank, Shinhan Bank.

Competition/Antitrust - South Korea

What the team is known for Represents both corporate clients and the KFTC. Able to handle contentious and non-contentious matters. 

Work highlights Defended the KFTC against a countersuit brought by Woongjin, after the KFTC imposed a KRW4.2 billion penalty surcharge for violation of the Fair Trade Act.

Represented the KFTC in a challenge by a market-leading ramen manufacturer to its penalty surcharge of KRW135.4 billion on four ramen manufacturers – who together hold almost 100% shares on the market – for collusion and price fixing.

Defending an auto parts supplier to Hyundai Motors against a DOJ-initiated investigation into alleged bid-rigging that was then pursued in Korea by the KFTC.

Notable practitioners  

Hyung-Sam Park is a key contact point for this practice.

Corporate/M&A - South Korea

What the team is known for Active across a broad spectrum of acquisitions, sales and corporate advisory matters. Maintains an outbound focus, particularly with regard to acquisitions and investments in South-East Asia, where the firm has several offices and a growing presence.

Work highlights Advised Sungwoo Hitech on its acquisition of a German auto parts supplier.

Notable practitioners  

Sang-Jun Kim is the key client contact.

Dispute Resolution - South Korea

What the team is known for Noted for its prowess in contentious issues in the finance sector and also handles litigious competition matters. Acts on a variety of cases for mid-market clients.

Notable practitioners  

Litigation and arbitration head Sung-Taek Lim is the key contact.

Shipping - South Korea

What the team is known for Best known for its ability to handle various types of shipping disputes, primarily in the areas of cargo insurance, collision and shipbuilding contracts.

Notable practitioners  

Choon Won Lee heads the firm and has developed a specialised shipping practice. He is recommended by overseas counsel, one of whom notes: "He's very attentive and hard-working. If you need something, he'll come back quickly, with good answers."