Restructuring/Insolvency | Asia-Pacific

Kim & Chang is a leading team with a large pool of industry experts offering an impressive breadth of restructuring and insolvency advice. It is particularly strong in assisting creditors in rehabilitation and bankruptcy proceedings and recognised for its cross-border insolvency capability. The team also regularly acts as debtor counsel, assisting domestic and international banks. The firm is adept at handling M&A transactions involving insolvent or financially distressed companies. It also provides out-of-court reorganisation services and is able to draw on relevant expertise in finance, tax and insolvency law.

Lee & Ko is a renowned group which includes former bankruptcy judges and handles significant contentious and non-contentious restructuring matters, having advised on substantial insolvency disputes. The firm remains a popular choice of counsel for both domestic and foreign proceedings, particularly those involving shipping and construction companies. It also has close relationships with prominent Korean financial institutions.

Bae, Kim & Lee has a highly regarded debtor-side practice assisting domestic companies with filing for rehabilitation and carrying out approved reorganisation plans. It houses a full-service team, well equipped to handle workouts as well as various insolvency-related takeovers and acquisitions of rehabilitated companies. The team also advises creditor groups, including major international lenders, and is well placed to assist with a range of contentious insolvency matters. It is particularly skilled in cross-border proceedings.

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.

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.

DR & AJU LLC has cultivated a niche domestic-focused practice advising largely on rehabilitation proceedings for a number of domestic clients in different industries including manufacturing, transport, construction and retail. It also assists with the acquisition of companies going through rehabilitation.

Yoon & Yang is highly experienced in the various corporate transactions arising from reorganisation proceedings, with expertise in handling M&A transactions involving companies under rehabilitation. It continues to expand its creditor practice, often advising domestic banks. The firm also assists companies with filing for bankruptcy and handles related litigation. It is well placed to serve prominent international clients and Korean conglomerates and private equity firms.