Insolvency & Restructuring
We provide invaluable legal and financial consulting on corporate restructuring. Combining our experience and deep knowledge of Korean insolvency law and procedures, our lawyers thoroughly analyze every alternative in complex bankruptcy and restructuring cases to offer clients the optimal solutions that will help them achieve their business objectives. Our practice group includes both lawyers and an accountant.
Our services include:
- Representing creditors in bankruptcy and rehabilitation proceedings, including filing of claims
- Representing counterparties of insolvent companies or companies undergoing insolvency proceedings to secure their rights
- Consultation on restructuring plans – developing a restructuring strategy
- Consultation on financial recapitalization
- Bond registration
- P-Plan, stalking horse bids
- Bankruptcy and rehabilitation proceeding filings
- Restructuring of assets (real estate, stocks, and more)
- Sales consultation (auctions, including short sales)
| 业务执行实绩 |
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| · | Corporate Rehabilitation: manufacturer, platform corporation (10,000 creditors), etc. |
| · | Corporate Bankruptcy: manufacturer, service provider, platform corporation (3,000 creditors), etc. |
| · | Advised on appeals in corporate rehabilitation cases and defense against bankruptcy filings |
| · | Handled a number of complex bankruptcy cases, including disclaimer proceedings, confirmation trials for redeemable convertible preferred stocks, and penalty claims |
| · | Advised on numerous M&A of rehabilitated companies |
| · | Advised listed companies on rehabilitation proceedings and delisting defense, etc. |
| · | Advised the creditors of Company S in the rehabilitation proceedings |
| · | Advised Company B on the bankruptcy of its Korean parts supplier |
| · | Advised a shipping company in its rehabilitation proceedings (including the process of recognizing Korean court decisions in foreign countries) |
| · | Advised a manufacturing company on rehabilitation proceedings |
| · | Advised an overseas apparel manufacturer on the rehabilitation of its Korean supplier |
| · | Represented creditors in the rehabilitation proceedings of a Korean publishing company |
| · | Represented a foreign creditor in the rehabilitation proceedings of an automotive parts supplier |
| · | Counsel to creditors in the rehabilitation proceedings of a Korean shipbuilding company |
| · | Advised on more than 2,000 individual bankruptcy cases and delivered lectures on credit recovery at public institutions such as Eunpyeong Village and Yongsan-gu Community Center |
| · | Personal Rehabilitation: Preparation of initial application, conservatorship, cease-and-desist order, repayment plan, and other procedures, prompt and accurate response, zero cases of dismissal due to intentional misconduct or negligence on the part of the attorney, 80% to 90% principal debt discharge in numerous individual insolvency cases, and many successful cases of sole proprietorship and reapplication |
| · | Personal Bankruptcy: Litigation and out-of-court strategic defense against bankruptcy and discharge applications, as well as bankruptcy trustee's disclaimer issues; zero cases of final dismissal, and numerous cases of post-petition discharge confirmation |