David Gartside
Milbank
Milbank
Client SatisfactionMilbank represents major Korean export credit agencies and leading commercial lenders and has built a solid borrower client base. Known for handling high-value, complex project financings, the firm excels in the energy and power sectors and is expanding into large-scale global projects featuring new technologies. Its aviation sector work further highlights its versatile expertise. The team is led by the ‘responsive and reliable’ David Gartside, who brings comprehensive knowledge and experience across power, transportation infrastructure, and resort projects.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘High-calibre finance, development and M&A team from partner down, with a strong presence in Seoul. Able to bring deep industry expertise and know-how in infrastructure, energy transition and related sectors. Always looking to add value. Not just exceptionally smart lawyers but very personable and always available.’
‘David Gartside is exceptionally smart, a problem solver and a strategic advisor.’
‘Milbank's project finance group is second to none in the breadth of experience, knowledge, ECA connectivity, and practical understanding of project finance schedules and pitfalls. Its practical understanding of what lenders require of sponsors to consummate FID is excellent. Milbank is a global franchise and the various offices work seamlessly together to provide premium services to sponsors and lenders.’
‘David Gartside heads the project finance practice in Seoul. Gartside provides incredibly practical legal advice, understanding transaction commercial aims and realistic pathways to financing. He works collaboratively with partners in other Asian offices to provide comprehensive advice. He is responsive and reliable, providing the value clients want above premium technical legal services.’
'The partners at this firm possess a deep understanding of the organisational characters and diverse financial products of Korean ECAs.'
Key clients
- The Export-Import Bank of Korea (KEXIM)
- The Korea Trade Insurance Corporation (K-SURE)
- Woori Bank
- Korean Airlines
- Asiana Airlines
- Australia and New Zealand Banking Group, Ltd
- Standard Chartered Bank
- Shinhan Bank
- European Investment Bank
- Société Générale
- BNP Paribas
- ING Bank
- Export Development Canada
Work highlights
- Represented a group of international financial institutions, including Korea’s export credit agency, K-SURE, on a $940 million green loan financing for Korean auto parts manufacturer Hyundai Mobis to expand its US electrification businesses.
- Advising ANZ, HSBC, KEXIM and K-SURE in connection with a US$1 billion term loan facility for LG Display Vietnam Haiphong Co., Ltd.
- Representing BNP Paribas, HSBC, KEXIM and KSURE in the US$860M KEXIM & K-SURE covered financing for the construction of EcoPro’s cathode manufacturing plant in Hungary.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
David Gartside