Practices
Asia Practice Group
Introduction
DLG Law Corporation’s Asia Practice Group (APG) provides client-oriented advisory services locally in various Asian countries. Each Asian country has different legal systems, political systems, and customs, making it necessary to enlist the assistance of experts well-versed in local laws and practices to provide accurate and efficient legal advice. The Asia Practice Group of DLG Law Corporation has offices and local desks in Vietnam, Myanmar, Singapore, Cambodia, and Thailand to support business operations on the ground and collaborates with overseas law firms and accounting firms specializing in each region to conduct local operations.
DLG Law Corporation’s Asia Practice Group, through a team of Korean and foreign attorneys and consultants with diverse experience in various fields, provides accurate and effective legal services to clients.
Attorney Yoo Jeong-hoon, who heads the Asia Practice Group, is a renowned expert in the region, having provided high-level legal advice in Thailand, Cambodia, Myanmar, and Laos for over 17 years since 2008.
Attorney Jeong Jong-dae has been working in Vietnam and Southeast Asia since 2014, and with his experience residing in Hanoi and Ho Chi Minh City in Vietnam, he provides practical legal advice for Vietnam and other Southeast Asian countries considering the local situation.
Attorney Kwak Gi-ppeum, a U.S. attorney, graduated from elementary, middle, and high school in India, gaining a deep understanding of the complex local systems, cultures, and religions. He specializes in providing legal advice related to India.
Consultant Kim Hong-young, a leading expert in Japan who studied in Japan for his doctoral program, possesses diverse academic and personal experiences. With extensive experience in a major law firm, he handles business operations such as local expansion, investment, dispute resolution, and M&A of Korean and Japanese companies in Asia.
In addition to these experts, several professionals at the head office with relevant expertise are also involved in providing advisory services related to Asian countries.
Countries of Operation
Key Business Contents
• Handling export-import approval and distribution license for LSGM (first business in Myanmar).
• Handling application for Myanmar Engineering Council recommendation letters and establishment of construction corporations for domestic construction companies (including electrical construction, design construction, steel tower construction) such as Doosan Construction (first business in Myanmar).
• Establishing branches in Myanmar for Korean Air and Asiana Airlines.
• Providing legal advice on establishment and operation-related legal issues for various companies including construction companies, machinery and equipment manufacturing companies, animal feed manufacturing companies, logistics companies, footwear manufacturing companies, and other service companies.
• Advising Korean and Japanese manufacturing companies, such as Ajoo Industrial, on establishment of corporations within the Thilawa Special Economic Zone.
• Advising on establishment and operation-related legal issues for representative offices of banks, machinery and equipment manufacturing companies, animal feed manufacturing companies, logistics companies, footwear manufacturing companies, and other service companies.
• Handling various tasks including obtaining investment approvals from the Myanmar Investment Commission, Cambodia Investment Board, Thailand Investment Authority, etc.
• Advising on market entry into Vietnam’s bond trading market for domestic financial companies and regulatory avoidance for foreign investors.
• Advising on market entry into Vietnam’s FinTech sector for domestic financial holding companies.
• Advising on market entry into Vietnam’s webtoon business for domestic IT companies.
• Advising on market entry into Vietnam’s multilevel marketing business for domestic conglomerate subsidiaries.
• Legal and tax due diligence for the transfer of shares of a local timber manufacturing company in Myanmar (a company jointly invested by the Myanmar Forestry Department), and advisory services related to joint venture agreements.
• Legal due diligence for the transfer of shares of a local construction equipment rental service company in Myanmar (a company jointly invested by the Myanmar Railway Transportation Department), and advisory services related to joint venture agreements and lease agreements.
• Due diligence and transaction structure advisory for the transfer of shares of a local sewing company in Myanmar.
• Advisory on the acquisition of shares in a Vietnam HR platform company by a domestic conglomerate subsidiary.
• Advisory on the acquisition of shares in a Vietnam logistics warehouse operating company by a domestic financial company.
• Advisory on the sale of shares in a Vietnam tire manufacturing company by a domestic government-owned bank.
• Advisory on the sale of shares in a Vietnam logistics terminal company by a domestic logistics company.
• Comprehensive advisory on Shinhan Bank’s bid for a foreign bank branch license in Myanmar (the only Korean bank to acquire the final license).
• Establishment and licensing acquisition for small-scale financial loan companies by BNK Capital, Woori Bank, and IBK Capital.
• Establishment of representative offices for Korean banks and insurance companies such as Kookmin Bank, Busan Bank, Industrial Bank of Korea, and Dongbu Insurance.
• Establishment of representative offices for NBFI (Non-Bank Financial Institutions) such as Nonghyup, DGB Capital, JB Woori Capital, and BNK Capital.
• Advisory on the operation of Kookmin Bank’s Yangon representative office and KB Myanmar (Kookmin Bank’s Microfinance Institution operating local entity) and KDB Yangon Branch.
• Establishment and licensing acquisition for financial institutions by BNK Capital, Kookmin Bank, and Welcome Savings Bank.
• Advisory on fund procurement through long-term loans for Korean affiliates of domestic conglomerates in Vietnam.
• Refinancing advisory for a Vietnam hotel operating company owned by a domestic securities company.
• Syndicated loan advisory for Korean banks in Vietnam for a sugar manufacturing company.
• Advisory on the acquisition of RCPS (Convertible Preferred Shares) issuance, ordinary share conversion, and investment fund retrieval for a Vietnamese company by a domestic asset management company.
• Advisory for Hanwha (Trade) on mixed-use projects in Myanmar.
• Legal review, contract drafting, and establishment of joint ventures for numerous Korean/Japanese companies for hotel construction and operation projects in Myanmar.
• Representation of multiple companies seeking to enter the construction industry in Myanmar, providing legal advice on Myanmar company law, contract law, construction-related regulations, and construction industry practices.
• Legal advice on the legal structure and drafting of contracts for land-related agreements in Myanmar.
• Advisory for the Western Power Consortium on transaction structure review, contract drafting and review, negotiations with the government (Ministry of Electricity), and other related matters for power projects in Myanmar.
• Legal due diligence and legal/tax advisory on investment structures for a solar power project in Myanmar for Thai investors.
• Advisory on contract drafting related to investment projects in Myanmar mines.
• Legal advice on petroleum product supply contracts between a Thai petrochemical company and a local company in Myanmar.
• Representation of Korea Land and Housing Corporation for the sale of shares in Cambodian GT42 Land Holding Company.
• Advisory for DGB Asset Management on the investment in Cambodia Real Estate Investment Trust (REIT) Fund No. 20.
• Advisory for GS Construction on real estate development and land sales in Cambodia.
• Financing advisory for Hyundai Engineering’s Phnom Penh office building project in Cambodia.
• Financing advisory for Prime Savings Bank’s project in the Phnom Penh-Kandal Cooperation Zone.
• Financing advisory for The Sharp Star River Mixed-Use Apartment Project.
• Legal advice on the establishment of local factory operating corporations and investment registration for Ahju Industries in Cambodia.
• Advisory on the acquisition and development of warehouse sites for a domestic conglomerate construction company.
• Advisory on the acquisition of shares in a Vietnam housing development company and joint development of housing projects for a domestic conglomerate construction company.
• Financing structure advisory for a major domestic construction company’s housing development project in Vietnam.
• Structuring advisory for the liquidity of a large mart in Vietnam for a domestic conglomerate distribution company.
• Representation of a Korean subsidiary of a domestic conglomerate in a damages claim lawsuit brought by a Vietnamese against the Korean subsidiary.
• Representation of a Korean IT company’s subsidiary in Vietnam in arbitration proceedings at the Vietnam Commercial Arbitration Centre regarding a lease dispute between the Korean IT company’s subsidiary and a Vietnamese company.
• Handling disputes related to trade secret infringement and breach of non-compete obligations within the Vietnamese subsidiary of a Korean conglomerate.
• Handling the first-ever bank independent guarantee claim lawsuit in Myanmar for GS Construction.
• Monthly advisory services provided to various Korean companies in Vietnam, including Shinhan Bank Vietnam, KEB Hana Bank Ho Chi Minh City Branch, Mirae Asset Securities Vietnam, Kiwoom Asset Management Vietnam, OK Financial Group Vietnam affiliates, Lotte Construction Vietnam, Lotte Shopping Vietnam, Lotteria Vietnam, Lotte Global Logistics Vietnam, Lotte Coralis Vietnam, NHN Vietnam, Nexon Networks Vietnam, Kyowon Vietnam, and Hwaseung Vietnam.
• Compliance management checklist development for Hanwha Techwin’s Thai subsidiary.
• Advisory services for developing labor management guides for the Korea Creative Content Agency.
• Q&A documentation on labor laws for the Korea Labor Foundation in Thailand and Myanmar.
• Legal aspects of Feasibility Study for Thailand Industrial Estate for Korea Land & Housing Corporation.
Contact
Our Asia Practice Group lawyers include Yoo Jeoung Hoon, Jung Jong Dae, Kwak Gi bbum, Kim Hong Young. If you would like to request legal advice from our Asia Practice Group lawyers, please contact us at any time.
- +82-2-2051-1870
- info@dlglaw.co.kr