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Paul Hastings Advises Hotel Shilla on Acquisition of DFASS Group

April 17, 2015

Seoul -- Paul Hastings, a leading global law firm, announced today that the firm represented Hotel Shilla (“Shilla”) in entering into a broad strategic partnership with DFASS Group (“DFASS”) to become a global leader in duty free travel retail. Under the agreement, Shilla will acquire a 44% stake in DFASS and collaborate to develop new and existing duty free concessions, expand in-flight concession services, and strengthen its wholesale distribution business. 

Shilla is the listed hospitality arm of the Samsung Group and operates luxury hotels and duty-free shops in Korea. DFASS is the world’s largest in-flight duty free retailing.

The Paul Hastings team was led by corporate partner Daniel Sae-Chin Kim, with support from of counsel Woojae Kim and associate Young Hwan Ryu.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.

Practice Areas

Securities and Capital Markets


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