Department profile
D&A LLC

Restructuring/Insolvency

Asia-Pacific Guide 2026 : South Korea


D&A LLC

Rankings

About

Provided by D&A LLC

D&A’s Corporate Restructuring Team has long been a trusted advisor to businesses across a wide range of industries. Since Korea’s restructuring and insolvency regime began to take shape following the 1997 Asian Financial Crisis, we have played a leading role in many of the country’s most notable and complex restructuring and insolvency matters.

Our team has extensive experience advising on corporate rehabilitation, bankruptcy, restructuring proceedings and distressed M&A transactions across a wide range of industries. We have served as a bankruptcy trustee in landmark insolvency and restructuring cases involving companies such as Good Morning City, Korea Real Estate Trust, and Woosung E&C. Notably, we successfully handled the bankruptcy of Hanjin Shipping, formerly the world’s seventh-largest shipping company.

Work Highlights: D&A served as the court-appointed bankruptcy trustee for Hanjin Shipping, advising on its rehabilitation procedures, involving asset realization, receivables collection, and the management of related lawsuits and arbitration proceedings.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - South Korea

Band 2

Band 2


What the Team is Known For

DR & AJU LLC has cultivated a niche domestic-focused practice advising largely on rehabilitation proceedings for a number of domestic clients in different industries including manufacturing, transport, construction and retail. It also assists with the acquisition of companies going through rehabilitation.

Work Highlights

Provided by Chambers

  • DR & AJU represented GTG Wellness in the commencement of the rehabilitation process while concurrently implementing responsive measures to maintain its listing on the KOSDAQ market.

Strengths

Provided by Chambers

  • DR & AJU is very strong in handling rehabilitation work.

    Restructuring/Insolvency respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersYoung-Ku Lee
    Eminent PractitionersYoung-Ku Lee

    Young-Ku Lee

    Lee Young-Ku is a well-experienced lawyer in the restructuring and insolvency sphere, drawing on over two decades of experience acting as chief judge in the bankruptcy division of Seoul's Central District Court. His work largely covers civil and commercial litigation.

  • Band 4Wangmin Lee
    Band 4Wangmin Lee

    Wangmin Lee

    Lee Wang Min is the head of the Corporate Restructuring Department at DR & AJU. His practice focuses on liquidating the assets of large bankrupt companies and leading corporate rehabilitation proceedings.

    • He's a very senior figure who is well-known in the bankruptcy trustee field.

      Restructuring/Insolvency respondentAsia-Pacific

Ranked Individuals at D&A LLC (2)

South Korea

Members

Provided by D&A LLC

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