Restructuring/Insolvency

About

Provided by Kim & Chang

Kim & Chang’s Insolvency & Restructuring Practice advises debtors, creditors, investors, and other interested parties in connection with court-supervised insolvency proceedings such as bankruptcy and rehabilitation in Korea. 

Kim & Chang also assists distressed companies with the formulation and implementation of restructuring plans, both in and out of court. The insolvency and bankruptcy lawyers at Kim & Chang have been instrumental in developing the jurisprudence and practices in Korea that are now widely accepted and acclaimed by courts, debtors and creditors. 

Members of the Practice include lawyers with extensive experience in insolvency cases, accountants with experience in the field of corporate restructuring, and other experts who have handled restructuring and insolvency cases at financial institutions, financial authorities and corporations. Utilizing this experience, the Insolvency & Restructuring Practice helps clients to formulate and implement effective strategies for dealing with liquidity issues they face, both in their own businesses and in their dealings with customers, suppliers and business partners. Working together with other practices (Mergers & Acquisitions, Labor and Employment, Litigation, etc.) the Insolvency & Restructuring Practice is capable of providing integrated services covering various aspects of corporate restructuring.