YOON&YANG
Yoon & Yang’s Vietnam & Southeast Asia Team is closely managed by attorneys at the head office who have rich expertise in handling foreign investments, cross-border transactions, and international litigation/arbitration for several decades. The resident professionals, adept in the local language and keen in their understanding of the society and culture, closely collaborate with attorneys in each practice area at the head office, thereby allowing the Team to offer sophisticated and pragmatic legal advice.

Yoon & Yang aims to offer no less than the best for its clients. To that end, the firm continues to collaborate and interact with top-tier law firms in each Southeast Asian country. By absorbing and leveraging their professional insights, the Team is upgrading its strong presence in Southeast Asia.

Key Services

  • Korean companies’ investment in Southeast Asia and M&As with local companies
  • Implementation of real estate development projects, spin-offs, and assignments
  • Real estate development project financing
  • Financing of Korean companies in Southeast Asia
  • Business combination reports of a local company and a Korean company related to the latter’s entry into Southeast Asia
  • Korean financial institutions’ entry into Southeast Asia and M&As with local financial institutions
  • Domestic listing or offshore listing by Korean companies in Southeast Asia
  • Representation of clients in international litigation/arbitration in Southeast Asia and offering related advice
  • Legal advice for Korean companies in Southeast Asia on labor relations
  • Legal advice for clients on KFTC/National Tax Service investigations/reports of their business activities in Southeast Asia, and representation in such cases


 

Representative Cases

Vietnam

  • Advised Shinhan Card on its Prudential Vietnam Finance Company acquisition deal
  • Advised on the operation of the Hyundai-Thanh Cong auto business and JV
  • Advised Cammsys Vietnam on attracting investments from STIC Investments and a listing plan
  • Advised Taekwang Industrial on its business in Vietnam
  • Advised on a Vietnam business combination report related to a domestic company’s M&A in Vietnam
  • Advised Korea Investment Management on its acquisition of a Vietnamese asset management company
  • Advised SK magic on its entry into Vietnam
  • Advised a domestic construction company on its construction cost claims regarding Hanoi Metro in Vietnam
  • Advised eTEC E&C on its business in Vietnam
  • Advised Woori Bank on its syndicated loan to VietJet Air in Vietnam
  • Advised BNK Busan Bank (HCMC branch) on its syndicated loan for a factory extension and working capital of a Vietnamese company
  • Advised a domestic bank (HCMC branch) on security rights and derivatives transactions in Vietnam
  • Advised Singapore’s largest commercial bank UOB (HCMC branch) on secured loans and business regulations in Vietnam
  • Advised Shinhan Vietnam Finance Company and BNK Busan Bank (HCMC branch) on business operation in Vietnam
  • Advised a domestic financial holding company on its entry into the Vietnamese asset management market
  • Advised HB Investment, Inc. and Company K Partners, Limited on the acquisition of interest in Vietnam-based Nanogen
  • Advised on Nanogen’s Vietnam business
  • Advised Hankooksamgong on its acquisition of interest in a local company in Vietnam
  • Advised a domestic asset management company on post-merger integration regarding its acquisition of a Vietnamese asset management company
  • Advised De Lage Landen on its business in Vietnam
  • Advised Enercon on its business in Vietnam
  • Advised a domestic bank on its plan to offer online banking and application services in Vietnam
  • Advised a domestic company on its plan to acquire a hotel/resort in Vietnam
  • Advised a domestic financial institution on its attempt to acquire a life insurance company in Vietnam
  • Advised an affiliate of a domestic financial institution on its attempt to acquire a hotel and a fintech company in Vietnam
  • Advised VINA Capital on M&A strategies
  • Advised KTB Networks on its plan to offer refinancing to a Hanoi landmark


Indonesia

  • Advised on Shinhan Bank’s M&A of 2 Indonesian banks
  • Assisted with a merger reporting to Indonesian financial authority following the Hana-KEB Bank merger
  • Advised Hyundai Transys on its joint venture agreement and share assignment in Indonesia
  • Advised a domestic financial company on its acquisition of an Indonesian financial company
  • Advised POSCO Chemtech on a joint venture agreement for an establishment of a lime calcination plant related to the construction of a 3-million-ton integrated steel mill
  • Advised POSCO Chemtech, Dong-Suh Chemical, and PT KIEC on their joint venture agreement for a by-product processing plant related to a 3-million-ton integrated steel mill
  • Advised KB Kookmin Bank on project financing related to an Indonesian coal mine project
  • Advised Hana Asset Management on project financing for the purchase of Prime Building in Indonesia
  • Advised Hyundai Transys on the establishment of a foreign investment corporation for carrying out an auto part manufacturing business in Indonesia
  • Advised Korea Credit Bureau on a joint venture agreement for a credit information provision business and an establishment of a local subsidiary
  • Advised PT Bank Shinhan Indonesia on an acquisition of a security right on land rights, including the right of building (HGB), in connection with a secured loan
  • Conducted research on real estate development laws and systems in Indonesia in connection with Korea Land & Housing Corporation’s new city development project in Indonesia
  • Advised GS E&C on construction licenses/permits and a project site purchase agreement related to an apartment development project in Indonesia
  • Performed legal due diligence on developer, construction licenses/permits, and project site of an Indonesian apartment development project for Lotte Asset Development, and offered related advice
  • Represented Hyundai E&C in a cancellation dispute with a subcontractor and in negotiations with a P-Bond issuing bank related to a geothermal power plant construction project in Sumatra, and offered related advice
  • Advised POSCO Plantec on its palm oil factory construction project
  • Advised E1 Corporation on its participation in a freezer LNG terminal construction project in East Java
  • Represented PT KP in an Indonesian arbitration center (BANI) case on a construction claim filed by a local state-run construction company, which was one of the contractors in PT KP’s 3-million-ton integrated steel mill construction project
  • Represented PT KP in an Indonesian arbitration center (BANI) case on a construction claim filed by a contractor in PT KP’s 3-million-ton integrated steel mill construction project
  • Advised PT KRAKATAU POSCO, a subsidiary of POSCO Co., Ltd., on litigation seeking for an invalidation/revocation of an arbitral award at the Indonesia Jakarta District Court and the Supreme Court
  • Advised a domestic communications company on litigation seeking for an enforcement of an ICC arbitral award and civil litigation at an Indonesian court regarding a dispute under a transaction agreement with an Indonesian communications company


Cambodia

  • Advised Hyundai Engineering on the sale of its interest in Phnom Penh Tower
  • Advised KB Kookmin Bank on licenses/permits of Cambodia’s financial supervisory authority and issues related to bank operation in connection with its acquisition of a Cambodian bank
  • Advised KB Kookmin Bank on licenses/permits of Cambodia’s financial supervisory authority in connection with a capital increase of its Cambodian bank and an amendment of its articles of incorporation
  • Advised a domestic bank on the fit and proper test requirements and procedure for directors following its acquisition of Cambodia Micro Financing Company
  • Represented Korea Deposit Insurance Corporation, the bankruptcy administrator of bankrupt Korea Savings Bank, in the sale of the shares of Shinhan Cambodia
  • Represented Korea Deposit Insurance Corporation, the bankruptcy administrator of bankrupt Busan Savings Bank and Busan 2 Savings Bank, in the filing of a foreign exchange transaction report related to the sale of shares of Cambodia-based Camko Bank
  • Performed legal due diligence for APRO FINANCIAL GROUP’s purchase of Cambodia-based Camko Bank and offered related advice
  • Represented Green Capital in the sale of Cambodia Micro Financing Company
  • Represented a domestic company in the assignment of shares of Forestry Investment Limited, which engages in a timber production business in Cambodia
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  • Represented Korea Deposit Insurance Corporation, the bankruptcy administrator of bankrupt Busan 2 Savings Banks, in the sale of the new city, new airport, expressway, and SEZ development rights and the recovery of related claims
  • Advised Kyobo Securities and Hankook Capital on the sale of their PF loans
  • Advised on the sale of Cambodia’s National Highway 5 development right in Cambodia