Latham & Watkins LLP > Seoul, South Korea > Firm Profile

Latham & Watkins LLP
South Korea

South Korea > Projects and energy: foreign firms Tier 2

Known for its expertise in multi-sourced project financings, Latham & Watkins LLP advises clients across the energy, infrastructure, mining, transport and telecoms sectors. Its client base includes major sponsors and lenders such as KEXIM, K-Sure and Hanwha Energy. Splitting his time between Singapore and Tokyo, Stephen McWilliams is head of the practice and has extensive experience in LNG, petrochemicals, renewables and infrastructure deals across Asia-Pacific. Joseph Bevash and Sungjin Kang are project finance experts based in Hong Kong and Seoul respectively.

Practice head(s):

Other key lawyers:

Key clients

The Export-Import Bank of Korea (KEXIM)

Korea Trade Insurance Corporation (K-Sure)

Korea Midland Power Co., Ltd. (KOMIPO)

Daelim Industrial

Daelim Energy Co., Ltd.

Korea Southern Power Co., Ltd. (KOSPO)

Korea National Oil Corporation (KNOC)

PT Pertamina (Persero)

Hanwha Energy

Work highlights

  • Advising PT Pertamina (Persero) on the upgrade and expansion of the Cilicap, Balongan, Plaju, Dumai and Balikpapan refineries in Indonesia.

South Korea > Corporate and M&A: foreign firms Tier 4

Latham & Watkins LLP’s global corporate and M&A practice in Korea is part of a network of lawyers spread across Asia, United States, Europe and the Middle East. The Seoul-based team handles both outbound and inbound M&A transactions and acts for leading companies across a range of industries, including banking, life sciences, semiconductor and IT. Based in both Hong Kong and Seoul, Wonsuk Kang has worked on multibillion-dollar acquisitions and joint ventures in the technology and financial services sector.

Practice head(s):

Key clients

Hyundai Motor Company

Kia Motors Corporation

CJ CheilJedang

LG Display

Samsung Engineering Co., Ltd.

Work highlights

  • Representing Hyundai Motor Group in its $1.1bn acquisition of Boston Dynamics, an engineering company that specializes in building dynamic robots and software for human simulation, from SoftBank Group Corp.
  • Represented Hyundai Motor Company in the establishment of its $4bn joint venture with Aptiv, an Ireland-based manufacturer and distributor of vehicle components, to form an autonomous driving platform.
  • Represented Hyundai on the acquisition of Sixt SE’s entire shareholding in Sixt Leasing SE as well as on a voluntary public takeover bid for all remaining shares in Sixt Leasing SE through Hyundai Capital Bank Europe (HCBE), a joint venture between Santander Consumer Bank AG and Hyundai Capital Services Inc.

The firm: Latham & Watkins is a leading international law firm serving multinational companies, start-ups, investment banks, private equity funds, venture capital firms, sovereign wealth funds, governments and other organisations. The firm’s globally integrated platform spans Asia, Europe, the Middle East and the US, and consists of internationally recognised practices across a wide spectrum of transactional, litigation, corporate and regulatory areas. Latham attorneys offer unrivalled legal resources and strategic commercial thinking to provide clients with innovative solutions to complex commercial matters.

Asia practice: Businesses and investors seeking innovative solutions to their most complex corporate, financial, regulatory and litigation challenges turn to Latham in Asia for strategic thinking and experienced counsel. Latham has extensive experience advising on the international aspects of a broad range of corporate and finance transactions for clients across the region, notably Australia, China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. With more than 150 lawyers operating from six offices in Asia, Latham provides clients in the region and clients looking to do business in Asia with expert advice under US, English, Hong Kong, Japanese and Singapore law. Latham’s deep roots in the financial and economic markets in the region are further strengthened by the firm’s local language capabilities.

Latham continues to receive awards and acclaim from a number of leading financial and legal publications for landmark and precedent-setting deals.

Areas of practice: The firm’s Asia practice has received considerable market recognition for its involvement in many of the most important single-country and in-region, inbound and outbound cross-border transactions. The team has extensive experience across numerous practices, including: project development and finance (particularly in the areas of infrastructure, energy and natural resources); banking and acquisition finance; M&A; private equity; restructurings; privatisations; debt and equity capital markets; general company representation; foreign direct investment; commercial litigation and arbitration (with a particular focus on contentious insolvencies, securities and shareholder disputes); white-collar and government investigations; antitrust and competition; and technology, media and commercial transactions.

Latham & Watkins has advised companies active in Korea for nearly two decades. Lawyers in Latham & Watkins’ Seoul office provide high-quality, strategic legal advice and representation to Korean and international companies, government agencies and financial institutions in the country and across the world. The firm serves key players in the Korean market in diverse industries, including the automotive, banking, communications, electronics, energy, information technology, life sciences and semiconductor sectors. The bilingual lawyers in Latham’s Seoul office work in concert with international colleagues, including more than 40 lawyers active in the firm’s Korea practice globally. Through the firm’s seamless collaboration across offices, Latham & Watkins provides clients in Korea easy access to the experience and innovative advice of more than 2,400 Latham lawyers around the world.

Antitrust and competition
Banking, leveraged and structured finance
Capital markets
Financial regulatory
Foreign direct investment
International dispute resolution
Technology transactions
Private equity
Project development and finance
Public company representation
Restructuring, insolvency and workouts
Sungjin Kang photoMr Sungjin KangCounsel
Number of lawyers : more than 2,400
in Asia : 120+