Jisun Choi works on cross-border and domestic U.K. corporate and financing tax matters, both transactional and advisory, for a wide range of clients, including multinational corporations, private equity funds and financial institutions.

Bio

Ms. Choi’s recent representation advising on the acquisition of ASDA Group Limited by TDR Capital and the Issa brothers was named a 2021 Impact Deal of the Year by the International Tax Review (ITR). She also was named a Rising Star in The Legal 500 UK 2022. Additionally, her previous work on a cross-border takeover contributed to Skadden being named Transatlantic Tax Team of the Year by The American Lawyer and Legal Week at the 2018 Transatlantic Legal Awards, as well as Tax Group of the Year for 2018 and 2019 by Law360 and Best International Tax Team of the Year at the 2019 Tolley’s Taxation Awards.

Her experience includes advising on the tax aspects of:

  • private acquisitions and disposals of multinational businesses, including management buyouts, sales of businesses in administration and auction sales;
  • redomiciling companies and other capital market transactions, including public takeovers, initial and secondary listings of equity and debt instruments, and return of value to shareholders;
  • international tax structures, including group holding structures, the use of the U.K. as a holding company jurisdiction and inbound investment structures;
  • group reorganisations and restructurings, including demergers of businesses and integration planning following acquisitions; and
  • banking and derivative transactions, including bank credit facilities and private placement arrangements.

Notable transactional matters include advising:

  • Scientific Games Corporation in the proposed sale of both its lottery business to Brookfield Business Partners for US$6.05 billion and its sports betting business, OpenBet, to Endeavor for US$1.2 billion;
  • JAB Holdings in its joint venture with BNP Paribas Cardif to deliver a range of pet insurance services throughout the U.K., EMEA and Latin America;
  • Zuber and Mohsin Issa, owners of EG Group, and TDR Capital LLP in their acquisition of a majority stake in ASDA Group Limited from Walmart Inc. This deal was named as an Impact Deal of the Year at ITR EMEA Tax Awards 2021;
  • Axiata Group Berhad on the US$12 billion merger of Axiata’s and Telenor Asia Pte Ltd.’s respective Malaysian mobile operations, Celcom Axiata Berhad and Digi.com Berhad;
  • Willis Towers Watson plc on its proposed divestment of Willis Re — its treaty reinsurance business — to Arthur J. Gallagher & Co. for an upfront cash consideration of $3.25 billion, in addition to an earnout payable in 2025 of up to $750 million subject to certain adjustments. This proposed transaction followed the termination of the proposed divestment of Willis Re, as well as certain of its corporate risk and broking services and certain of its health and benefits services, to Arthur J. Gallagher & Co. for US$3.57 billion in connection with the previously proposed combination of Willis Towers Watson plc and Aon plc;
  • Bytedance Ltd. on its multibillion-dollar acquisition of Moonton Holdings Limited, a China-based mobile games developer;
  • Noble Corporation plc and its subsidiaries on a restructuring of their debt in a Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas;
  • Coty, Inc. on its strategic partnership with KKR & Co. Inc. including the carveout sale of 60% of its professional beauty and retail hair businesses to KKR with an enterprise value of US$4.3 billion;
  • Pfizer, Inc. on a joint venture combining its and GlaxoSmithKline plc’s consumer health care businesses, with combined sales of approximately US$12.7 billion;
  • Westfield Corporation on the demerger of OneMarket, a retail technology network business, in connection with its acquisition by Unibail-Rodamco SE;
  • Phoenix Group Holdings plc on its £2.93 billion acquisition of Standard Life Assurance and associated £950 million rights issue, as well as its proposed sale of Ark Life Assurance Company to Irish Life Group for €230 million;
  • Vantiv, Inc. on its US$10.4 billion acquisition of Worldpay Group plc. This deal was named ITR’s 2018 Americas Technology and Telecom Tax Deal of the Year;
  • Cardinal Health, Inc. on its US$6.1 billion acquisition of Medtronic plc’s medical supplies businesses; and
  • Ball Corporation on its US$8.4 billion acquisition of Rexam plc and simultaneous divestiture of US$3.4 billion in assets to Ardagh Group.

Ms. Choi is a U.K. branch reporter at the International Fiscal Association’s 2022 Berlin Congress.

She participates in a number of Skadden’s pro bono projects. Ms. Choi has advised a number of local charities and not-for-profit organisations on their constitution and legal form and regularly volunteers at a legal advice clinic that assists victims of domestic violence and advises on other family issues.

Credentials

Education

  • Legal Practice Course, BPP University, 2008
  • B.A., University of Oxford, 2007

Admissions

  • England & Wales