Projects & Infrastructure: International
Global Guide 2024 : South Korea
Band 1
Contact number
+82 2 6137 2600Chambers Review
Milbank houses a team of specialists who primarily handle project financing on behalf of Korean and international lenders, advising on investments in South-East Asia and beyond. The team offers broad-ranging sector expertise across the energy, resources and petrochemical sectors and is also experienced in infrastructure projects in the telecoms infrastructure and real estate projects. Its presence on the ground in Seoul is also appreciated, both for its accessibility and as an indication of the firm's commitment to the local market. Its clients include the Korea Trade Insurance Corporation (K-SURE), ING Bank, and the Australia and New Zealand Banking Group.
Work Highlights
- Milbank represented the Export-Import Bank of Korea, K-SURE, Euler Hermes and a consortium of international commercial banks in relation to the USD2 billion financing for SK On's latest gigafactory plant in Ivancsa, Hungary.
Strengths
Provided by Chambers
"Milbank Seoul's ability to handle multiple ECAs, numerous sponsors and complex documentation structures is second to none."
"They were super helpful in facilitating discussion between a number of relevant parties and always considered and recommended efficient ways to move forward."
"The lawyers have a strong mindset on customer orientation and practices backed up by deep understanding of the cultural context and business requirements of clients."
"Milbank Seoul's ability to handle multiple ECAs, numerous sponsors and complex documentation structures is second to none."
"They were super helpful in facilitating discussion between a number of relevant parties and always considered and recommended efficient ways to move forward."
"The lawyers have a strong mindset on customer orientation and practices backed up by deep understanding of the cultural context and business requirements of clients."
Notable Practitioners
David Gartside continues to impress as a counsel of choice for international project finance matters, representing a number of lenders and sponsors. He is well placed to handle mandates relating to power, oil and gas, and social infrastructure.
"David is incredibly experienced, approachable, commercial, practical and top-notch in law."
"David has always been outperforming the industrial standards with his enthusiasm and professionalism in meeting the expectations of challenging clients."
"He is very approachable and provides great feedback. He has a great understanding of South Korean culture and the market, which makes him a very Korean-minded person."