The In-House Congress Seoul 2013 took place on August 29, 2013 – an event organized by the Pacific Business Press, a Hong Kong legal publisher, and sponsored by Shin & Kim and other domestic and foreign law firms and advisory companies.
The event was attended by approximately 250 attorneys, and Shin & Kim’s Mr. Tong-Gun Lee and Mr. Hyeon-Jin Kim gave a presentation entitled “Legal Risks Associated with Corporate Accounting and Their Countermeasures – An In-House Counsel Perspective” on the topics of (i) corporate accounting, (ii) the legal risks associated with corporate accounting, (iii) how to deal with the legal risks, and (iv) corporate accounts and M&As, and requests for inspection and copies of accounting books and records. During the presentation, Mr. Tong-Gun Lee and Mr. Hyeon-Jin Kim introduced corporate accounting issues that may arise in the context of a M&A transaction, including the applicable accounting related laws and regulations, K-IFRS, various types of accounting supervision and inspection and key precedents. The presentation was received favorably by the audience, and many in the audience commented that the presentation suggested very specific and practical guidelines on how to deal with legal risks associated with corporate accounting practices.
Mr. Tong-Gun Lee’s main areas of practice focus on M&As and hostile takeovers, and he is a frequent lecturer at the Judicial Research and Training Institute, many different corporations and conferences.
Mr. Hyeon-Jin Kim, who is both a lawyer and a certified public accountant, specializes in civil and criminal litigation related to taxation and accounting. Mr. Kim is also working on laws related to economic democratization as a member of the Firm’s Economic Democratization Team, which was formed to provide legal advice and manage lawsuits related to economic democratization policies.
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