Firm / Organisation

Kim & Chang

This content is provided by Kim & Chang.

Managing Partners: Kye Sung Chung and Kyung Taek Jung
Number of fee earners: over 1,500
Number of lawyers: 940
Asia Pacific Offices: Seoul, Hong Kong, Ho Chi Minh City
Languages:   Korean, English, German, French, Dutch, Swedish, Chinese, Japanese

Firm Overview:
Kim & Chang is Korea’s premier law firm and one of Asia’s largest law firms. Since its founding in 1973, Kim & Chang’s successful track record of ‘first-of-its-kind’ and groundbreaking solutions to some of the largest and most complex transactions in Korea and around the world has set it apart. The firm is a market leader in all major practice areas and industries. Today, more than 1,500 professionals — both attorneys and other subject matter and industry experts — work collaboratively, in teams, to craft innovative solutions to clients’ most difficult challenges.

Main Areas of Practice:
Antitrust & Competition
Banking & Finance
Capital Markets
Criminal Defence
Insolvency & Restructuring
Intellectual Property
International Trade & Customs
Labour & Employment
Litigation & Arbitration
Privacy & Data Security
Private Equity
Project Finance
Real Estate & Construction
Structured Finance
Technology, Media & Telecommunications

Antitrust & Competition:
■ Represented Dow Chemical and DuPont in their merger of equals
■ Represented Japanese car shipping companies in a five-year KFTC investigation into their global bidding practices as part of a larger international cartel. Kim & Chang set a new precedent by persuading the KFTC to recognise the joint status of two of the companies, which received substantial monetary and other benefits as a result
Contacts: Youngjin JUNG, Gene-Oh (Gene) KIM
Emails: [email protected], [email protected]

Banking & Finance:
■ Provides legal advice to the lenders and the financial investors on all aspects of the largest PPI Project
■ Represented Netmarble Games Corporation regarding the financing of its acquisition of Kabam, Inc., a game developing company in the United States
Contacts: Chan-Moon PARK, Bumkyu SUNG
Emails: [email protected], [email protected]

Capital Markets:
■ Represented Celltrion Healthcare Co., Ltd. for its public listing of shares on the Korea Exchange
■ Represented Shinhan Investment Corp. for acquisition of the acquisition financing short term loans extended to Hainan Group from Credit Suisse
Contacts: Young-Man HUH, Myoung Jae CHUNG
Emails: [email protected], [email protected]

Corporate / M&A:
■ Acted as the Korean legal counsel to SK Hynix, which was one of the main financial investors of the consortium led by Bain Capital. The consortium acquired Toshiba Memory Corporation from Toshiba Corporation
■ Advised the consortium of Bain Capital and Goldman Sachs, and the selling founder, Sang Rok Lee, in their sale of 96% of the issues and outstanding shares in Carver Korea Co., Ltd., for approximately KRW 3 trillion (approximately USD 2.755 billion) to Unilever
Contacts: Jong-Koo PARK, Jong-Hyun PARK
Emails: [email protected], [email protected]

Intellectual Property:
■ Successfully defended Astellas Pharma, Inc. against challenges to the patent term extension (PTE) for Korean Patent No. 967070 (relating to approval for Betmiga®) at all levels, including the IPTAB, Patent Court, and Supreme Court
■ Enforced and defended one of Pfizer’s top selling drugs, Lyrica, in various patent actions against generic companies (i.e., invalidation actions, preliminary injunction actions and main infringement actions for damages) in Korea
Contacts: Jay (Young-June) YANG, DuckSoon CHANG
Emails: [email protected], [email protected]

Litigation/Arbitration/Dispute Resolution:
■ Represented banks to seek payment under K-SURE Export Insurance Policies in the Moneual Case
■ Represented a Korean subsidiary of a well-known French company in an ICC arbitration against a Korean steel producer, regarding termination of a long term supply agreement for industrial gases to be supplied to a steel plant in Korea
Litigation Contacts: Chang-Hoon BAEK, Jin-Yeong CHUNG
Emails: [email protected], [email protected]
Arbitration Contacts: Byung-Chol (B.C.) YOON, Eun Young PARK
Emails: [email protected], [email protected]

■ Represented eight leasing companies in arguing that the interest should be exempt since the general interest withholding exemption available for foreign currency loans should also be applicable to leasing companies engaged in a foreign exchange business
■ Successfully argued that the form of each company may not be disregarded for tax purposes since the transaction had a rational business purpose
Contacts: Byung-Moon JUNG, Woo Hyun BAIK
Emails: [email protected], [email protected]


Total 10 contributions

Shareholders' Rights & Shareholder Activism 2019 Trends and Developments in South Korea

Young Man Huh, Hye Sung Kim, Jung-Chull Lee

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Litigation 2019 Law and Practice in South Korea

Jin Yeong Chung, Jung Keol Suh

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TMT 2019 Law and Practice in South Korea

Min Chul Park, Jung-Chull Lee

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Articles, Highlights and Press Releases

Total 40 Articles, Highlights and Press Releases

South Korean Supreme Court Sets Rules for “International Panels”

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Article Prohibiting Financial Support for Operating Labor Unions Found Unconstitutional in S. Korea

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South Korea's FSC Announces “Plan for Expansion of Cloud Usage in the Financial Sector”

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