01

  • 분야별
  • 가나다순
즐겨찾기메일프린트북마크북마크리스트    확대축소

C03_E

Bankruptcy procedures such as rehabilitation proceedings and workout programs are an important means for opening the door toward corporate recovery. For creditors, they are essential legal procedures for securing as many accounts receivable as possible under urgent circumstances.

We have in-depth knowledge of the complex legal and regulatory framework of bankruptcy and rehabilitation procedures, and have extensive expertise and capabilities for providing the best legal services in Korea for matters relating to the country's bankruptcy laws. We assist with restructuring plans appropriate to specific situations, including workouts, bankruptcy procedures and negotiations for out-of-court settlements, and advise on government approvals and reporting requirements and all other details relating to restructuring.

We have represented clients in all manner of reorganization proceedings, negotiations for settlement, bankruptcy cases and workouts.

We have also been active in disputes relating to M&A of companies subject to reorganization proceedings.

We have been ranked by the IFLR 1000 as a Tier 1 Firm for Restructuring and Insolvency for 6 consecutive years from 2006 to 2011.

Experiences

M&A of Companies subject to Reorganization Proceedings

M&A underwriter of Kukje Trading, Kun Young, Donghae Pulp, Saerom Seongwon, and Jindo

Advisor to the acquirers of Hanil Synthetic Fiber, Inchon Oil Refinery and Jinro

 

Applications for Commencement of Reorganization Procedures

Samsung Motors, Kia Motors, Daenong, Trybrands, Samyang Corporation, Korea Industrial Development and Chunji Corporation

 

Workouts

Daewoo Corporation, Hyundai, Hynix Semiconductor and SK Global

 

Reorganization Proceedings

Kukje Trading, Kun Young, Jindo, Hanbo Steel, Daenong and Midopa

 

Reorganizations, Negotiations for Settlement, Bankruptcy

Kukje Trading vs. Eland: successful appeal of judgment relating to M&A of a company subject to reorganization proceedings

Kun Young: successful appeal of judgment relating to M&A of a company subject to reorganization proceedings

Seoul Guarantee Insurance Company vs. Inchon Oil Refinery: Successful claim for payment of claims amounting to KRW 2.7 billion, recognition of right of claim for trial and reorganization expenses

Ssangyong Motor vs. Daewoo Motor: Successful claim for confirmation of non-existence of debt amounting to KRW 100 billion relating to a setoff of claims in reorganization proceedings

Midopa vs. Chase Manhattan: Denial of claims in reorganization proceedings by termination of a bilateral agreement

Hanbo Steel vs. Jung: Decision regarding a ‘correction of wrongdoings’ under the Company Reorganization Act (the first of its kind)

Kun Young vs. Core Teletec: Decision regarding a ‘denial of free grant’ relating to a guarantee between affiliates under the Company Reorganization Act (the first of its kind)

Award and Ranking

Ranked Tier 1 Law Firm for Restructuring and insolvency
IFLR 1000, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014

Ranked Highly Recommended Law Firm for Restructuring and insolvency
Asialaw Profiles 2013, 2014, 2015

Restructuring Deal of Year 2003 : SK Networks' Restructuring
IFLR Asia Awards 2003

 


구성원검색
search

주요구성원 변호사 보기

TOP