Department profile
Shin & Kim

Restructuring/Insolvency

Asia-Pacific Guide 2026 : South Korea


Shin & Kim

Rankings

About

Provided by Shin & Kim

Shin & Kim understands the importance of restructuring and insolvency proceedings for all stakeholders. Since its inception, clients have sought out Shin & Kim for its expertise in advising in companies that are facing rehabilitation, restructuring, composition, bankruptcy and workout procedures. Our Restructuring and Insolvency practice is a leading practice that combines experience with industry specific knowledge through the adoption of a multidisciplinary approach. This approach enables the experts in our Restructuring and Insolvency team to provide clients with advice that is not only legally sound but also sensitive to business and financial markets, corporate accounting practices, the latest judicial trends and government policy directions that may be relevant to restructuring or insolvency.

Shin & Kim’s Restructuring and Insolvency team has been advising various stakeholders, both Korean and foreign, in restructuring and insolvency matters. Understanding the myriad of complex interests of various stakeholders allows our team to devise strategies to maximize our client’s objectives. This experience has allowed Shin & Kim’s Restructuring and Insolvency team to become a market leader.

Clients (20)

  • SsangYong Motor Corporation
  • STX Heavy Industries Co., Ltd.
  • Daewoo Shipbuilding & Marine Engineering Co., Ltd.
  • COSCO SHIPPING CONTAINER LINES Co., Ltd.
  • Iljin Group
  • SM Group
  • Hyundai Engineering Corporation
  • Hyundai WIA Corporation
  • LS Networks
  • CJ Cheiljedang Corporation
  • CJ Logistics
  • Sampyo Cement Co., Ltd.
  • Korea Trade Insurance Corporation
  • Woori Bank
  • KEB Hana Bank
  • Mirae Asset Securities Co., Ltd.
  • HY Co., Ltd.
  • Adidas Korea LLC
  • Itsuwa Korea
  • Tokuyama Korea Co.,Ltd.

Industries (10)

  • Construction & Materials
  • Pharmaceuticals & Life Sciences
  • Software & Computer Services
  • Technology, Hardware & Electronics
  • Transportation
  • Travel & Leisure
  • Financial Services
  • Automobiles & Parts
  • Trade, textile & clothing
  • Synthetic fiber

Chambers Review

Provided by Chambers

Restructuring/Insolvency - South Korea

Band 2

Band 2


What the Team is Known For

Shin & Kim is regularly instructed as debtor's counsel in high-profile corporate reorganisations, and is well versed in acquisitions of distressed assets and debt restructuring matters. The firm handles both the contentious and non-contentious aspects of restructuring, including M&A transactions arising from restructuring proceedings. It is also proficient in advising foreign creditors in relation to transactions with Korean debtors. The practice is well placed to assist government bodies with the drafting of insolvency legislation.

Work Highlights

Provided by Chambers

  • Shin & Kim represented KG Mobility in an appellate trial concerning a claim for the return of a deposit filed by Smart Solutions following a failed M&A transaction during Ssangyong Motor’s rehabilitation proceedings. The firm secured full dismissal of Smart Solutions' claims.

Strengths

Provided by Chambers

  • Shin & Kim provides quick responses and a good understanding of business common sense.

    Restructuring/Insolvency respondentAsia-Pacific
  • Shin & Kim present effective solutions tailored to the client's situation.

    Restructuring/Insolvency respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Band 2Bok-Gi Choi
    Band 2Bok-Gi Choi

    Bok-Gi Choi

    Choi Bok-Gi is well placed to handle M&A transactions on behalf of companies engaged in corporate rehabilitation procedures. His experience as a restructuring lawyer also includes advising both sellers and buyers of distressed companies operating in the shipping, manufacturing and consumer goods sectors.
    • He is timely and sincere in his responses and very knowledgeable about Korean insolvency laws and judicial precedents.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 3Young-Geun Kim
    Band 3Young-Geun Kim

    Young-Geun Kim

    Kim Young-Geun ably assists clients with rehabilitation and reorganisation proceedings, and has notable knowledge of the automotive sector. He is equipped to advise domestic and foreign clients.

    • He handles a lot of Japan-related insolvency works.

      Restructuring/Insolvency respondentAsia-Pacific

Ranked Individuals at Shin & Kim (2)

South Korea

Members

Provided by Shin & Kim

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