Milbank‘s Seoul office acts for a client roster of export credit agencies, commercial lenders, and national and regional borrowers. The team’s caseload is equally broad, covering traditional oil and gas, renewables and power transmission, as well as novel technologies, including projects relating to electric vehicles. With vast experience in international project finance, David Gartside heads the team, acting for domestic and international clients in a variety of projects, including power production, electric vehicle battery and transportation. The Tokyo-based Anthony Scott is a key contact for Japanese and Korean lenders on global project finance mandates.
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Accolades
Client satisfaction: Lawyer & team quality
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Testimonials
Collated independently by Legal 500 research team.
‘Exceptional commercially focused legal advice.’
‘David Gartside - the "Michael Jordan" of projects.’
‘Milbank is the pre-eminent project finance firm in Korea. They act for both lenders and sponsors and have incredible relationships with Korean ECAs KSure and KEXIM.’
‘David Gartside is simply a top lawyer, incredibly commercial and also very technical. He is always prepared to go the extra mile where some informal advice on deal structure is required. His team is extremely responsive and provides a Rolls-Royce service.’
Key clients
- The Export-Import Bank of Korea (KEXIM)
- The Korea Trade Insurance Corporation (K-SURE)
- The Hongkong and Shanghai Banking Corporation Limited
- Australia and New Zealand Banking Group, Ltd
- BNP Paribas
- Standard Chartered Bank
- Shinhan Bank
- Société Générale
- ING Bank
- Japan Bank for International Cooperation
- KfW IPEX-Bank
- European Investment Bank
Work highlights
Represented a group of international financial institutions including Korea’s export credit agency, K-SURE, in connection with the $1.35bn financing for the development and construction of an electric vehicle (EV) manufacturing plant by the Hyundai Motor Group, in the area of Savannah, Georgia.
Represented a group of international financial institutions, including KEXIM and K-SURE, in connection with the $1.492bn financing of the construction of a cathode material plant in Debrecen, Hungary.
Advised the lenders to the Ambatovy Nickel and Cobalt Mine Project on the negotiation and litigation of the first English law restructuring plan for a project financing.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
David Gartside
Other key lawyers
Anthony Scott