LAB Partners

South Korea

Analysis

Overview

Young corporate and financial law boutique firm LAB Partners hit the ground running when it opened three years ago, offering sophisticated advice in all core areas of law. Its panoply of founding partners were already recognised by the market as leaders in their areas, having honed their expertise at other leading Korean firms. The firm has been characterised by local media as ‘the Avengers of corporate legal practice’. Managing partner and structured finance and securitisation doyenne Young-Hee Jo helms a leadership team that includes Jinho Ahn, Jinho Kim, Youngju Kim and Kwangbok Kim. The firm clearly demonstrates strengths in the finance space, particularly in banking, securities and asset management. Jo is a go-to name for securitisation matters. The firm’s finance practice is further supported by partner Alex Lee, who is experienced in general banking, corporate matters and regulatory compliance.

Client feedback

“Always reliable and very prompt.” – Corporate and M&A

Youngju Kim

“Responsible and reliable.”

Corporate and M&A

Work highlights

Advised Welcome Capital Corporation on its acquisition of 100% of the existing shares of Asset One.

Advised a group of investors on their acquisition of new shares issued by Seoul Robotics, representing 13.3% of the total shares.

Advised a group of investors on their acquisition of redeemable convertible preferred shares, representing 6.1% of the total shares of Adaptive Plasma Technology Corp, from Adaptive Plasma Technology Corp.

Capital markets

Work highlights

Advised KB Securities, MUFG Bank and Citibank Korea in relation to Hyundai Capital Services’ domestic issuance of W500 billion ($377 million) asset-backed securities based on the auto loan receivables.

Advised SK Securities, Sumitomo Mitsui Banking Corporation and MUFG Bank, Citibank Korea and Jeonbuk Bank in relation to KB Kookmin Card’s domestic issuance of W350 billion asset-backed securities based on the credit card receivables.

Key clients

KB Kookmin Card, Lotte Card, Shinhan Card