Practice Areas
Mr. Jae Young Chang is a senior partner at Shin & Kim and a member of the firm’s M&A group.
Since 2003, Mr. Chang has represented and advised domestic and foreign companies and private equity funds on mergers and acquisitions (M&A), joint ventures, venture capital, and the establishment of domestic subsidiaries in various industries (including chemical, energy, environmental waste/recycling, bio/pharmaceutical/medical devices, semiconductor/display, heavy industry, logistics/shipping, food/consumer goods, finance, etc.), as well as corporate governance reorganizations and structured transactions. In particular, Mr. Chang has maintained a reputation for successfully handling spin-off transactions of business units of many large Korean companies.
From 2008 to 2009, Mr. Chang accumulated in-depth knowledge in the field of corporate governance, M&A and antitrust law through his LL.M. course in Corporate Law at New York University School of Law. After completing his LL.M., he worked as a foreign lawyer in the New York and Tokyo offices of Paul, Weiss, Rifkind, Wharton & Garrison LLP, a leading US law firm.
In recognition of his work, Mr. Chang has been selected as a Best Lawyer in M&A by Hankyung Business every year from 2019 to the present, and was titled the 2020 Dealmaker of the Year by Asian Legal Business (ALB), one of the most prestigious awards in the M&A field. He has also been recognized as a notable lawyer and first-tier lawyer in the field of M&A by various other international law firms and lawyer rating organizations.
Career
Outside Director, Hyundai Department Store (2019–2023)
Legal Counsel, Korean Hospital Association (2014–2016)
Advisory Committee Member, Global M&A Desk, Korea Core Industrial Technology Investment Association (KITIA) (2014–Present)
Member, Central Environmental Policy Committee (Resource Circulation Subcommittee), Ministry of Environment (2011–2013)
Foreign Lawyer, New York and Tokyo office of Paul, Weiss, Rifkind, Wharton & Garrison LLP (2009–2010)
Shin & Kim LLC (2005–Present)
Associate, Yoon Yang Kim Shin & Yu (2003–2005)
Public-Service Judge Advocate (2000–2003)
Judicial Research & Training Institute of the Supreme Court of Korea (1998–2000)
Work Highlights
Advised on the sale of a stake in a domestic company’s PET film business after spin-off (approx. KRW 1.6 trillion)
Advised on the sale of a partial stake in a domestic chemical company to a Middle Eastern state-owned company after the spin-off of its chemical business unit
Advised on the sale of a stake in a PI film company (listed company), a joint venture of Korean chemical companies
Represented a Korean integrated energy company in obtaining investment from a global PE firm (KRW 3.1 trillion)
Advised on a joint venture for precursor production between a secondary battery company and a cathode material company
Advised on the acquisition of a secondary battery business unit from an affiliate of a secondary battery company
Advised on the joint venture between a Korean company and an American technology venture company for production of anode materials
Advised on the oint venture between a Korean company and a financial investor’s British technology venture company for production of anode materials
Advised on the formation of a joint venture between a Korean integrated energy company and a Thai state-owned company following the sale of the Thai state-owned company’s stake in its power generation subsidiary
Advised on the joint venture between a Korean integrated environmental company and a U.S. hydrogen fuel cell technology company collaborating on a hydrogen fuel cell business in Korea
Represented a Korean company in obtaining investment from a global FI in a solar power business
Advised on a pre-IPO investment in a Korean integrated construction and environmental services company (KRW 1 trillion)
Advised on the sale of a stake in an integrated environmental waste management company to a global PE by Korean companies
Advised on a Korean integrated construction and environmental services company’s acquisition of a waste management (incineration) company
Advised on a Korean integrated construction and environmental services company’s acquisition of a waste management (landfill) company
Advised on a reorganization of the governance structure of environmental waste management subsidiaries of a Korean integrated construction and environmental services company (merger, shareholding restructuring)
Advised a medical device company (publicly traded company) on the sale and reinvestment of controlling interest in the company
Advised a company selling dental 3D scanners on the sale and reinvestment of the founder’s shares in the company
Advised a Korean company on license-out to a global pharmaceutical company
Advised a Korean company on the transfer of controlling interest in a biotech company
Advised on the sale of controlling interest in a Korean pharmaceutical company to a Korean PE
Advised on a semiconductor company’s investment in a company producing precursors used for semiconductor manufacturing
Advised on the transfer of a material business unit of a semiconductor material manufacturer to a Korean PE
Advised on a foreign company’s purchase of a Korean chemical company’s polarizer material business unit
Advised on the sale of controlling interest in a semiconductor post-processing company for a Korean PE
Advised on a semiconductor company’s investment in a semiconductor equipment company
Advised on a semiconductor company’s investment in a semiconductor thin film manufacturing company
Represented a group of financial institution creditors in the sale of their stake in a shipbuilding company
Spin-off of ADAS business unit of a Korean integrated automotive parts company and business integration through acquisition of a stake and merger
Advised on an American electric vehicle company’s investment in a Korean auto parts company
Advised on a Korean company’s acquisition of a logistics company and spin-off and sale of a passenger transportation business unit
Advised on a Japanese investment company’s acquisition and sale of a logistics company
Advised on a Korean PE’s acquisition of a stake in a shipping company
Advised on the joint acquisition of a platform company by a Korean city gas company and an internet platform company
Advised on a global PE’s investment in a leading smart mobility company in Korea
Advised on a Korean telecommunications company’s investment in a company providing coworking spaces
Advised on a Korean telecommunications company’s spin-off of a mobile navigation business unit
Advised on a Korean confectionery company’s spin-off of and sale of a stake in an ice cream business unit
Advised on the acquisition of an overseas golf equipment company by a Korean PE and a strategic investor
Advised on a Korean telecommunications company’s spin-off of an electronic sports business unit and as well as investment attraction
Advised on a Korean PE’s acquisition of a restaurant franchising company
Advised on the privatization of a financial holding company of a public corporation (sale of all stakes, sale of a stake after spin-off, sale of a stake after merger, sale of a stake of controlling shareholder, block deal, sale of treasury stocks, etc.)
Advised on a comprehensive share exchange between a Korean banking and financial holding company and a life insurance company
Advised on a sale of assets of the auto-finance division of a Korean payment card services company and a Korean credit finance company
Advised on a Japanese investment company’s acquisition of a securities company
Advised on a joint venture between a U.S. financial company and a Korean payment card services company initiated through the acquisition of a stake in the Korean payment card services company
Advised on a Japanese investment company’s acquisition and sale of an integrated energy company