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Big Six Korean law firm Yoon & Yang has hired Seung-Kook Synn and Sung Uk Park as partners in Seoul from conglomerate SK Group and Kim & Chang, respectively.
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Kim & Chang and Skadden, Arps, Slate, Meagher & Flom have represented South Korea’s SK Hynix on its $9 billion acquisition of U.S. tech firm Intel’s NAND memory and storage business, with Bae, Kim & Lee advising the seller. 

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Like in other countries in Asia, Korean law firms found themselves affected by the COVID-19 outbreak, but they moved swiftly to mitigate the impact, and ensure business continued as smoothly as possible. In this roundtable, leaders of three of the largest Korean firms talk about the year so far, and the lessons they will take from the experience.
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Kim & Chang and Gibson, Dunn & Crutcher are representing China’s Anbang Insurance Group in a lawsuit before the Delaware Chancery Court over a terminated $5.8 billion deal to sell 15 U.S. luxury hotels to South Korea’s Mirae Asset Global Investments, according to a report in the Korea Times.
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Yulchon and Debevoise & Plimpton have advised U.S. insurer Prudential Financial on the 2.3-trillion-won ($1.89 billion) sale of its Korean unit to Korea’s KB Financial Group, which was represented by Kim & Chang.
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Bae, Kim & Lee and WongPartnership have represented German online delivery company Delivery Hero SE on its $4 billion acquisition of Woowa Brothers, owner of South Korea’s top food delivery app owner. The seller was counselled by Kim & Chang while Woowa's shareholders were advised by Sullivan & Cromwell.
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SoftBank Corp has announced plans to merge internet subsidiary Yahoo Japan with Korean messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses.
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Kim & Chang, Korea’s biggest firm, has hired Youngjin Sohn as a senior foreign partner from Simpson Thacher & Bartlett, where he led the now-closed Seoul office.
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Korean prosecutors have raided the offices of two lawyers working for Kim & Chang, Korea’s largest firm, over allegations they colluded with a former chief justice to intentionally delay the ruling in a case involving the forced labour of Koreans when the country was a Japanese colony.
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Kim & Chang, South Korea’s largest law firm, has opened its first Vietnam office in Ho Chi Minh City. It becomes the last of South Korea’s biggest firms to have an office in the Southeast Asian country.