[ASIAN-MENA COUNSEL] Yulchon wins ASIAN-MENA COUNSEL Deals of the Year 2016
Yulchon has won ASIAN-MENA COUNSEL Deals of the Year 2016 for its work in out-of-court restructuring for Hyundai Merchant Marine (HMM).
This was the first case where a shipping company successfully completed a restructuring through a reduction of charter hire payments. Yulchon played a key role in HMM’s successful completion of this large-scale, unprecedented restructuring within a tight timeframe of 4 months and has proven its status among Korean law firms as the unparalleled leader in the field of out-of-court restructuring.
ASIAN-MENA COUNSEL, a monthly magazine addressing the concerns of in-house lawyers across Asia, provides analysis of vital legal, regulatory and business issues, along with news and profiles of leading in-house practitioners. Winning deals were selected based on size, complexity, and uniqueness.