News
Jipyong advises on USD288m Musinsa logistics centre financing
4+ hour, 40+ min ago (300+ words) Jipyong advised IBK Securities and NH Investment & Securities, the co-underwriters for a KRW427 billion (USD288 million) project financing for the construction of a Musinsa logistics centre in Yeoju, Gyeonggi province, South Korea. "The logistics centre comprises two buildings with three basement levels…...
Yoon & Yang acts on Kyobo's USD611m savings bank acquisition
6+ day, 10+ min ago (368+ words) Yoon & Yang has assisted South Korean conglomerate Kyobo Life Insurance on its KRW900 billion (USD611 million) acquisition of Japanese-owned SBI Savings Bank from SBI Holdings. "SBI Savings Bank, with its leading market position in the savings bank industry [in South Korea] and…...
D&A steers first-of-its-kind insurance bankruptcy in Korea
1+ week, 4+ day ago (360+ words) D&A is the sole legal adviser working on MG Non-Life Insurance's unprecedented restructuring and subsequent bankruptcy proceedings in Korea. "There have been few restructuring cases involving non-life insurers, and the transfer of contracts to a bridge insurer was carried…...