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Representative Matter 1. |
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Yulchon advised Hotel Lotte on its acquisition of a Russian company currently developing a hotel facility in Saint Petersburg, Russia |
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| Yulchon successfully represented Hotel Lotte on its acquisition of a Russian developer engaged in the development of a hotel facility in Saint Petersburg, Russia for KRW50 billion. The hotel premise is located in the central location within the city where globally acclaimed hotel chains such as Four Seasons and W Hotel are operating their top-notch hotel facilities. |
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| Through this transaction, Hotel Lotte will have an opportunity to expand its businesses in Russia and maximize the Lotte brand recognition. Yulchon advised Hotel Lotte on all aspects of the transaction including advice on the deal structure, due diligence, drafting and negotiation of the definitive agreement and closing for successful transaction. |
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| On this transaction, Hee Woong Yoon, Tehyok Yi, Hwa Joon Lee, Chris H. Kang and In Kim of Yulchon's C&F Group advised Hotel Lotte. |
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| In addition to this project, Yulchon has accumulated unparalleled experience in advising on hotel and resort projects by successfully completing other projects of Hotel Lotte in Moscow, Tashkent, Uzbekistan, and Guam. |
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