Though peers are ambivalent about Jipyong Jisung's performance this year, the firm was heavily involved in mid-sized transactions for a diverse international clientele. The firm, which changed its name from Jisung Horizon in December 2011, has offices in Ho Chi Minh City, Hanoi, Phnom Penh, and Vientiane....
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Though peers are ambivalent about Jipyong Jisung's performance this year, the firm was heavily involved in mid-sized transactions for a diverse international clientele. The firm, which changed its name from Jisung Horizon in December 2011, has offices in Ho Chi Minh City, Hanoi, Phnom Penh, and Vientiane. "Of all Korean firms, Jipyong Jisung have the strongest position in Southeast Asia," a client says.
The firm has leveraged its regional ties to complete several impressive transactions. Most notably, partners Haeng-Gyu Lee, Hee-Suk Chai and Eun-Young Lee represented Kolao Holdings in an IPO that raised W56.3 billion ($52 million). Kolao Holdings is reportedly the first Laotian company listed on Kospi (Korea Composite Stock Price Index). Haeng-Gyu Lee is also handling the first IPO of an Australian company on a Korean exchange, with the listing scheduled for the first quarter of 2012.
In April 2011, partners Seong Kang and Min Shin represented Daeshin Securities in their acquisition of Ssuntel, the first M&A transaction involving a special purpose acquisition company (Spac) since they were approved by the Financial Regulatory Commission in late 2009.
Kang, also head of Jipyong Jisung's competition practice, is a standout lawyer in Korea. A client comments: "His knowledge and expertise are first rate, and his ability to think outside of the box was invaluable."
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Peers have commented that Jipyong Jisung seem stagnant, with its recent work unimpressive. Its banking and finance practice lost partner Byoung-Rae Lee this year, though it has moved partner Young-Tae Yang from its M&A area and hired foreign attorney Claire Yang from the New York office of Ropes & Gray....
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Peers have commented that Jipyong Jisung seem stagnant, with its recent work unimpressive. Its banking and finance practice lost partner Byoung-Rae Lee this year, though it has moved partner Young-Tae Yang from its M&A area and hired foreign attorney Claire Yang from the New York office of Ropes & Gray.
Partners Hae-Gyu Lee, Doyo Kim and Jae-Min Yoon represented Mirae Asset Securities in financing syndicated loan meant for Posco Electricity & Construction to construct an IT Centre in Dalian, China. This was an especially tricky deal to pull off because of strict regulations on Korean lenders' offshore financing activities by Korean regulatory bodies.
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