Department profile
Yulchon LLC

Restructuring/Insolvency

Asia-Pacific Guide 2026 : South Korea


Yulchon LLC

Rankings

About

Provided by Yulchon LLC

Yulchon’s Insolvency & Corporate Restructuring Team is especially well known for its innovative structuring and negotiation skills in out-of-court restructuring matters, which enable the indebted companies to succeed in restructuring their debt without a formal court proceeding, or sometimes, within a court proceeding. 

 

Yulchon’s innovative and open-minded way of problem solving, coupled with its meticulous workmanship, has allowed the team to create new trends and methods in the restructuring and insolvency market that are followed by many other competitors. In addition to the successes already mentioned above, Yulchon is always coming up with creative solutions for various needs of the distressed industries, such as golf resorts, the automobile/auto parts industry, as well as the manufacturing industry.


Yulchon has strong cross-border capabilities. Yulchon has close relationships with local firms worldwide and especially in Asia. Yulchon has been remarkably prompt and efficient when dealing with cross-border insolvency and corporate restructuring matters and can bring results for its clients at a much faster pace and with higher quality than is possible for most major law firms in Korea. We are proud of our broad scope of experiences in various insolvency matters within the global community. 

Clients (10)

  • Hyundai Merchant Marine
  • Daewoo Shipbuilding and Marine Engineering
  • Kookmin Bank
  • Woori Bank
  • Hanil Engineering and Construction
  • Pine Resort
  • Keangnam Enterprises, Ltd.
  • Seoul Guarantee Insurance Corporation
  • KTB Asset Management
  • NH Bank

Industries (14)

  • Banks
  • Commercial & Professional Services
  • Construction & Materials
  • Energy
  • Financial Services
  • Government
  • Health Care
  • Pharmaceuticals & Life Sciences
  • Real Estate Finance
  • Real Estate
  • Technology, Hardware & Electronics
  • Telecommunications
  • Transportation
  • Utilities

Chambers Review

Provided by Chambers

Restructuring/Insolvency - South Korea

Band 1

Band 1


What the Team is Known For

Yulchon has an experienced team with noted expertise in complex corporate restructurings. It has a proven track record in the coordination of multi-jurisdictional bankruptcies on behalf of debtors. The team is frequently instructed to advise on out-of-court rescue procedures and workout schemes. The firm provides capabilities in cross-border insolvency matters thanks to its close association with local firms in multiple jurisdictions.

Work Highlights

Provided by Chambers

  • Yulchon represented Seoul Guarantee Insurance in a dispute with Korea Development Bank concerning a USD35 million security deposit linked to an overseas construction project in Libya.

Strengths

Provided by Chambers

  • It was a great help that they could give analysis of the issues from various angles and provide quick solutions.

    Restructuring/Insolvency respondentAsia-Pacific
  • Yulchon provides quick responses that help us work efficiently.

    Restructuring/Insolvency respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Band 1Chul Man Kim
    Band 1Chul Man Kim

    Chul Man Kim

    Kim Chul Man co-leads Yulchon's restructuring and insolvency practice and is a well-regarded lawyer with particular strength in cross-border insolvency litigation. He remains a popular choice among creditors and debtors. He is also equipped to advise on distressed M&A.

    • Chul Man's high level of expertise makes a decisive contribution to a project's success.

      Restructuring/Insolvency respondentAsia-Pacific
    • Chul Man Kim is a leading expert in the Debtor Rehabilitation Act and the Corporate Restructuring Promotion Act.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 2Sun Kyoung Kim
    Band 2Sun Kyoung Kim

    Sun Kyoung Kim

    Kim Sun Kyoung is a well-recognised lawyer who handles bankruptcy proceedings, corporate restructuring and rehabilitation procedures. He has significant experience as a litigator.

    • Sun Kyoung is friendly and gives fast responses that consider the client's point of view.

      Restructuring/Insolvency respondentAsia-Pacific
    • He has a lot of experience and offers deep knowledge.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 4Inyong Hwang
    Band 4Inyong Hwang

    Inyong Hwang

    Hwang Inyong specialises in domestic and foreign insolvency procedures and corporate restructuring, as well as litigation and rehabilitation proceedings. His clients include private equity firms and insurance companies among others.

  • Up and ComingSy Nae Kim
    Up and ComingSy Nae Kim

    Sy Nae Kim

    Kim Sy Nae is a partner at Yulchon. Her practice focuses on restructuring and insolvency-related disputes and advisory matters.

    • She is a meticulous lawyer.

      Restructuring/Insolvency respondentAsia-Pacific

Ranked Individuals at Yulchon LLC (4)

South Korea

Members

Provided by Yulchon LLC

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