Milbank's Korean practice receives work from the technology, renewables, biopharmaceuticals, heavy industry, and financial services sectors in investment, M&A, and corporate finance. The team is led by David Cho, a seasoned advisor on cross-border M&A, corporate finance, and capital markets transactions, particularly excelling in the industrial space. Spencer Park is notably skilled in outbound corporate and real estate investments involving South Korean asset management and investment clients.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘What makes this practice unique is its ability to combine great legal expertise with strong commercial insight and a deep understanding of the Korean market.'

  • 'The team brings a strategic perspective to transactions, with standout individuals like David Cho and Spencer Park who are not only highly experienced but also deeply engaged throughout the deal process.'

  • ‘David Cho and Spencer Park of the Milbank Korea team stand out for their deep understanding of the Korean market environment and deal dynamics. They consistently provide advice that is not only legally sound but also commercially insightful, demonstrating a strong appreciation for the business context in which we operate.’

  • ‘Highly value the team's responsiveness and very industry-specific advice, deep understanding of the M&A process and the corporate practice.’

  • ‘The individual's responsiveness is outstanding, and the advice is very practical, which is very helpful. Also, the individual's internal communication (within the firm) and networking seems to be very efficient, which is reflected in the quality of the outcome.’

  • 'Very commercial and sensitive to client's needs. Good understanding of Korean corporate clients.'

Key clients

  • SK geo centric Co., Ltd.
  • SK bioscience Co., Ltd.
  • SK Inc.
  • SK networks Co., Ltd.
  • SK hynix Inc.
  • Oaktree Capital Management
  • SK Square Co., Ltd.
  • SK ecoplant Co., Ltd.
  • i-SENS Co., Ltd.
  • SKC Co., Ltd.
  • SK gas Co., Ltd.
  • SK biopharmaceuticals Co., Ltd.

Work highlights

Advising SK Hynix Inc. on its acquisition of the global SSD/NAND business from Intel.
Advised Hico Ventures, I, LP, a venture capital fund managed by a Hico Management LLC as investment advisor (which is a indirectly owned 100% by SK networks) on continued work after the formation of the Hico Fund, including in multiple investments.
Represented SK geo centric Co., Ltd. in connection with its initial proposed Asia joint venture arrangement with Loop, to deploy Loop’s circular plastics recycling technologies across the Asian market.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

David Cho

Practice head

David Cho

Other key lawyers

Spencer Park