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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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Bae, Kim & Lee, Korea’s third-largest law firm, has hired capital markets specialist Jeong-Hoon Lee as a partner in Seoul from rival Shin & Kim.
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Singapore law firm Oon & Bazul has launched a Korea practice after hiring arbitration specialist Julia Yu as a partner from Bae, Kim & Lee, where she was a special counsel. Yu will lead the new practice.
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Cleary Gottlieb Steen & Hamilton and Korean firm Kim & Chang have advised Kakao, operator of Korea's leading messaging app KakaoTalk, on its $1 billion global depository receipts offering.
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Korean firm Bae, Kim & Lee, which had previously advised the 1988 Seoul Olympics and the 2002 FIFA World Cup organising committees, was chosen to advise the PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG) as well. John Kang speaks to the firm’s intellectual property team about its “rare opportunity.”
By ALB
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South Korea’s largest firm Kim & Chang continued its dominant run at the ALB Korea Law Awards this year, winning 10 categories, including Deal Firm of the Year, Private Equity Law Firm of the Year, and the coveted Korea Law Firm of the Year.
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Clifford Chance has represented Unilever on its $2.71 billion purchase of Carver Korea, a maker of facial masks and skincare products, from its founder, Goldman Sachs, and Bain Capital, which turned to Ropes & Gray for advice.
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Samsung Electronics Vice Chairman Jay Y. Lee has replaced his lawyer ahead of an appeal against the five-year jail term he was given for bribery and other charges, a spokesman for his law firm said.
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Frequently in the news of late, North Korea has a well-earned reputation for being isolated, eccentric, and completely unpredictable. South Korean lawyers who do regular work in or related to the hermit kingdom say that their experience backs up this perception.