Restructuring/Insolvency

About

Provided by Bae, Kim & Lee LLC

BKL established a department specializing in bankruptcy for the first time in Korea and has grown to become a leading Korean law firm in this area. Since the Asian financial crisis in 1997, BKL has been involved in almost all domestic bankruptcy-related cases. BKL successfully represented our clients, regardless of whether they are debtor companies, creditors or any other related third parties involved in bankruptcy proceedings. 

Over decades BKL has built up unrivaled and extensive experience in this area and continues to effectively meet our clients’ needs. Our Corporate Restructuring Team is comprised of around 20 professionals, including attorneys, certified-public accountants and dedicated researchers. We have dealt with numerous bankruptcy and corporate restructuring cases for more than twenty years, and provided superb legal services in international bankruptcy cases through cooperation with law firms overseas. Our team handles all ranges of bankruptcy and corporate restructuring works that include establishment of restructuring measures for troubled companies and rehabilitation measures for bankrupt companies; provision of advisory and litigation services relating to bankruptcy procedures; sale of assets as part of the rehabilitation measures for insolvent companies, transfer of business, spin-off, merger and other restructuring work; provision of legal advice in accordance with the Corporate Restructuring Promotion Act, transfer of NPLs and collection of debts.