Lee & Ko successfully represented Tae Hwa Enterprise in its sale of the automotive motor business division, which encompasses the automobile and home appliance motor parts business, at the end of December 2020. This transaction was a comprehensive transfer of the automotive motor business division of Tae Hwa Enterprise's domestic and overseas affiliates, whereby two entities were transferred through share transfer and four entities went through a business transfer process. In case of entities subject to share transfer, any of its business or assets other than the automotive motor business were liquidated prior to and following the closing of the transaction, and post-closing matters are currently being undertaken. Notwithstanding the fact that this was a transaction with a multitude of related parties and a complex structure, Lee & Ko put forward a transaction structure that was best suited to the needs of the client and successfully assisted in the consummation of the transaction up to the closing.