Lee & Ko was ranked Band 1 in the Legal sector of the Chambers FinTech Guide 2024.
In its commentary, Chamber and Partners evaluated Lee & Ko as one of the premier law firms in South Korea with strong corporate and capital markets expertise which has successfully represented large financial institutions as well as FinTech startups, advising on various issues including digital payments, virtual assets and internet banking. Clients evaluated the firm’s guidance through regulatory concerns in the financial sector and risk management as its strengths.
Following last year, Lee & Ko has achieved outstanding results in various legal areas related to FinTech this year. The firm has won the case regarding the injunction to suspend the effect of Wemade’s decision to terminate transaction support of Wemix by receiving a decision to dismiss on behalf of Dunamu, Coinone and Korbit, and successfully supported the funding through issuance of 20 billion won of Series B Redeemable Convertible Preference Shares by FinTech startup Payhere despite difficult market conditions. In addition, Lee & Ko has supported the FTC’s approval of the combination of enterprises regarding the establishment of JV, a specialized personal credit rating business by the three telecommunication companies SK Telecom, KT and LG Uplus, performed the Financial Security Institute’s cyber risk management research service related to digital assets, advised on the NFT-related projects by leading companies such as Dunamu, LG Uplus and LG Electronics, supported and advised on Woori Bank’s acquisition of MyData licenses, and advised Musicow on a legitimate business structure for the related rights business.
The Chambers FinTech Guide, announced by Chamber and Partner, one of the world’s leading legal ranking directories in UK, identifies and ranks the most outstanding law firms and in more than 50 countries.