Restructuring/Insolvency
Asia-Pacific Guide 2025 : South Korea
Band 2
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.
Chambers Review
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
- Shin & Kim assisted the Korea Development Bank with workout proceedings as the main creditor bank of Taeyoung E&C.
Strengths
Provided by Chambers
"Shin & Kim has comprehensive problem-solving skills and a wide pool of professionals in various fields."
"Shin & Kim has comprehensive problem-solving skills and a wide pool of professionals in various fields."
Notable Practitioners
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.
"Choi Bok-Gi does his best to satisfy the clients' needs and has very high levels of commercial experience."
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.
Ranked Lawyers at
Shin & Kim
South Korea
Members
Provided by Shin & Kim
Head of Department
Hong Ju Kim
Jae-Ha Lee
So-Youn Kim
Yong-Seok Park
Head of Department
Young-Geun Kim
Clients
Provided by Shin & Kim
Adidas Korea LLC
CJ Cheiljedang Corporation
CJ Logistics
COSCO SHIPPING CONTAINER LINES Co., Ltd.
Daewoo Shipbuilding & Marine Engineering Co., Ltd.
HY Co., Ltd.
Hyundai Engineering Corporation
Hyundai WIA Corporation
Iljin Group
Itsuwa Korea
KEB Hana Bank
Korea Trade Insurance Corporation
LS Networks
Mirae Asset Securities Co., Ltd.
SM Group
STX Heavy Industries Co., Ltd.
Sampyo Cement Co., Ltd.
SsangYong Motor Corporation
Tokuyama Korea Co.,Ltd.
Woori Bank
Industries
Provided by Shin & Kim
Automobiles & Parts
Construction & Materials
Financial Services
Pharmaceuticals & Life Sciences
Software & Computer Services
Synthetic fiber
Technology, Hardware & Electronics
Trade, textile & clothing
Transportation
Travel & Leisure