Bok-Gi Choi

Practice Areas

Mr. Bok-Gi Choi is a partner at Shin & Kim. Mr. Choi’s main areas of practice include general corporate transactions, corporate rehabilitation, bankruptcy, restructuring, and mergers & acquisitions.

In the M&A process of several companies undergoing rehabilitation (including Daehan Silver Foil, Sanbon Station, Korea Line Corporation, Hankook Ilbo, Pan Ocean, Dong-A Steel, Lake Hills Suncheon, Bluebird CC, STX Heavy Industries, Dong-A Tanker, and SsangYong Motor), Mr. Choi provided legal advice and represented the rehabilitation company or the purchaser. He handled numerous corporate reorganization, reconciliation, and bankruptcy procedures, including for Korea Industrial Development, Jinro, Good Morning City, Seo Tong, Yongchang Music Instrument, Sechang, Knowledge-on, Shinil, Wooyoung, a Lehman Brothers subsidiary GKI Development and Maewha, STX Heavy Industry, Steel & Resources, Iljin LED, KT ENS, ADM21, Ultra Construction Group, three subsidiaries of Tongyang Group, and Ssangyong Motors. He also advises on other general corporate legal matters for numerous companies.

Mr. Choi graduated from the College of Law of Seoul National University majoring in public law. He completed coursework at Seoul National University Graduate School of Law (LL.M) and also completed the 30th term at the Judicial Research and Training Institute. Since joining Shin & Kim in 2001, he has been dedicated to corporate rehabilitation procedures, bankruptcy, workout, other restructuring and rehabilitation company M&A. He is recognized as an expert in bankruptcy and corporate restructuring.

Mr. Choi has presented or debated in various domestic and international law seminars on insolvency and corporate restructuring and has been recognized as a Leading Individual in the field of restructuring and insolvency by well-known foreign publishing entities such as Chambers Asia-Pacific, IFLR 1000 and Asialaw Profiles. He has been selected as the best lawyer in the field of “Korean law firm evaluation: corporate rehabilitation, bankruptcy for in-house counsels: for the second consecutive time.

Career

Shin & Kim LLC (2010-Present)

Evergreen Law Group (2007-2009)

Park & Choi (2005-2006)

Shin & Kim LLC (2001-2004)

Judicial Research & Training Institute, the Supreme Court of Korea (1999-2001)

Professional Memberships

Korean Bar

Publications

Issues on Denial in Corporate Restructuring (Co-authored, BFL No. 53, May 2012)

M&A of Rehabilitation Companies in the Form of Limited Partnership (Journal of Insolvency Law, Vol. 9, No. 3, Dec. 2019)

Effectiveness of the Commencement of Rehabilitation Proceedings after Payment of the Purchase Price in the Keun Mortgage Enforcement Auction Proceedings (Co-authored, Dosan 100 Precedents – In Commemoration of Retirement of Prof. Su-keun Oh (bansan))

Work Highlights

Advised on the 1st and 2nd M&A sale of rehabilitation company SsangYong Motor

Advised on the M&A sale of rehabilitation company STX Heavy Industries

Advised on the M&A sale of rehabilitation company GD

Advised on the M&A sale of rehabilitation company Gunchang Passenger

Advised rehabilitation and sale procedures for rehabilitation company Tongyang Cement

Advised on the M&A sale of rehabilitation company Pan Ocean

Advised on the M&A sale of rehabilitation company Hankook Ilbo

Advised on the M&A sale of rehabilitation company Sanbon Station

Advised on the M&A sale of rehabilitation company Daehan Silver Foil

Advised Fine Tree Asset Management on the purchase of Dong-A Tanker

Advised Q Capital on the purchase of Gyeonggi Tourism Development (Blue Bird CC)

Advised Golf Zone County on the purchase of Lake Hill Suncheon (first case of P Plan)

Advised Samhwa Paint on the purchase of Daelim Chemical

Advised SeAH Steel on the purchase of Dong-A Steel

Advised Aju Group on the purchase of Gong-Young Haewoon

Advised SM Group on the purchase of Korea Line Corp

Advised and filed for commencement of 1st and 2nd rehabilitation procedures of SsangYong Motors

Advised and filed for commencement of rehabilitation procedures of STX Heavy Industries

Advised and filed for commencement of rehabilitation procedures of Yuyang D&U

Advised and filed for commencement of rehabilitation procedures of Sinchon Station

Advised and filed for commencement of rehabilitation procedures of STX Heavy Industries

Advised and filed for commencement of rehabilitation procedures of Iljin LED

Advised and filed for commencement of rehabilitation procedures of Ultra Construction Group affiliates including Ultra Construction

Advised and filed for commencement of rehabilitation procedures of St. PoCC

Advised and filed for commencement of rehabilitation procedures of ADM21

Advised and filed for commencement of rehabilitation procedures of three companies of Tongyang Group, including Tongyang, Tongyang International, and Tongyang Leisure

Advised and filed for commencement of rehabilitation procedures of two domestic subsidiaries of Lehman Brothers at the time of the subprime crisis

Represented SsangYong Motor, STX Heavy Industries, Gong-Young Haewoon, International Commercial Company, Kunyoung, Daehan Silver Foil, Sanbon Station, Korea Line Corp., Pan Ocean, and STX Heavy Industry and won immediate appeals against decision of commencement of rehabilitation procedures and approval of rehabilitation plan, multiple M&A case appeals for rehabilitation companies and injunctions

Represented official receivers of Busan Savings Bank and Seoul Savings Bank in the case of confirmation of investigation of avoidance right case related to illegal withdrawal of deposit

Represented clients in various cases related to company reorganization procedures, rehabilitation procedures, and bankruptcy procedures, such as claims confirmation lawsuits and avoidance rights lawsuits

Languages Spoken

Korean, English

Education