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2
Asia-Pacific Guide 2023
South Korea Restructuring/Insolvency
2
Band 2

3 Ranked Lawyers

About

Provided by Shin & Kim

Given that one of the primary objectives of bankruptcy, corporate restructuring, and business reorganization cases is to mediate legal relations among debtors, creditors, stakeholders, and other interested parties, drawing up filings and interpreting and applying the relevant law is often not enough to successfully resolve the complex issues involved. Rather, these cases must be approached in a comprehensive manner with in-depth experience in relevant fields. The Insolvency & Corporate Restructuring Practice Group recognizes the unique aspects of each case, and understands the impact of securities law, the general practice and rules of financial and trust systems, the policies of relevant government agencies, the judicial trends applicable to similar cases, and the past, present, and future operational and financial status of the particular companies involved. The Group is committed to providing high-quality expert and commercial advice.

Chambers Review

Provided by Chambers
Restructuring/Insolvency - South Korea
2
Band 2
What the team is known for

Shin & Kim is regularly instructed as debtor's counsel in high-profile corporate reorganisations, and 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, often Japanese, in relation to transactions with Korean debtors. The practice is well placed to assist government bodies with the drafting of insolvency legislation. SsangYong Motor, SK Broadband and Cosco Shipping Container Lines are among its clientele.

Work Highlights

Provided by Shin & Kim
  • Shin & Kim advised SK Broadband on bankruptcy law and intellectual property right matters in relation to Synergy Media's rehabilitation. SK Broadband and Synergy Media were joint title holders of Synergy Media-produced animated works, and SK Broadband would like to continue broadcasting the animated TV series and films, as Synergy Media entered bankruptcy proceedings.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Young-Ku Lee
N
Young-Ku Lee
E
Eminent Practitioners

Lee Young-Ku co-heads Shin & Kim's restructuring and insolvency practice, 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 cases.

Bok-Gi Choi
N
Bok-Gi Choi
3
Band 3

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.

Young-Geun Kim
N
Young-Geun Kim
3
Band 3

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

Ranked Lawyers at
Shin & Kim

Provided by Chambers
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Band

South Korea

Restructuring/Insolvency

Young-Ku Lee
E
Young-Ku Lee
E
Eminent Practitioners
Bok-Gi Choi
3
Bok-Gi Choi
3
Band 3
Young-Geun Kim
3
Young-Geun Kim
3
Band 3

Members

Provided by Shin & Kim

Hong Ju Kim

Ju Hyun Kim

So-Youn Kim

Young-Geun Kim

Clients

Provided by Shin & Kim

BenkanKikoh Corporation

Doosan Infracore Co., Ltd.

Green technology Co., Ltd.

Hana Bank

Korea Trade Insurance Corporation

MITSUI-SOKO

Nissan Motor Co., Ltd.

Pine Tree Partners LLC

Posco International

Q Capital Partners

STX Heavy Industries Co., Ltd.

SeAH Steel Corporation

Tokyo Port Terminal

Tongyang Securities Co., Ltd.

Uijeongbu City

Valeo Electrical Systems Korea Ltd.

Industries

Provided by Shin & Kim

Automobiles & Parts

Construction & Materials

Financial Services

Pharmaceuticals & Life Sciences

Software & Computer Services

Technology, Hardware & Electronics

Transportation

Travel & Leisure