Cleary Gottlieb has extensive experience in a wide variety of public and private sector transactions involving Korea.
The firm assists Korean clients with their capital raising, overseas investment and other activities and assists non-Korean clients in direct investment in Korea. These transactions often require advice with respect to a variety of issues, including finance, corporate governance, tax and disclosure of information.
In 2012, we opened our Seoul office in order to serve both Korea-based clients as well as clients outside the region doing business there more efficiently and effectively. Cleary has four Korean-speaking partners, one counsel and one senior attorney who are dedicated to our Korea practice, as well as approximately 25 Korean-speaking lawyers worldwide. In our Seoul office, we have 16 Korean-speaking lawyers, all of whom have extensive experience advising on Korea-related corporate transactions. We have also established an extensive network of relationships with leading Korean law firms, with whom we work closely in order to ensure that our clients receive all necessary Korean law advice in connection with their cross-border activities.
Since the early 1990s, we have served as counsel in over 300 offerings of an aggregate of more than $175 billion of securities of Korean issuers, including The Republic of Korea and the Korea Development Bank.
Samsung Life Insurance, LINE Corp., Lotte Shopping, POSCO, Samsung Card and STX Pan Ocean in initial public offerings of equity securities.
Hynix Semiconductor, The Industrial Bank of Korea, KB Financial Group, KT&G, LG Chem, LG Electronics, Samsung SDI and Woori Finance Holdings in depositary receipt offerings and/or overseas listings.
Corporate, M&A and Restructurings
Overseas clients, such as Goldman Sachs, TPG and the Carlyle Group in their direct investments in Korea.
Korean clients, such as Daewoo Motor, Kookmin Bank, MBK Partners, Samsung Electronics and Hyosung Corporation in dispositions of businesses or in overseas investments.
Korean entities, including SK Global, the Daewoo Group and the Korean banking sector, in large-scale international debt restructurings.
May 22, 2014
April 18, 2013
November 16, 2010