General Corporate

HwaHyun advises clients on general corporate law matters. Our attorneys provide comprehensive legal services in all phases of corporation’s existence, including development of business plans, incorporation, corporate reorganization, liquidation, matters related to meetings of shareholders and board of directors, negotiation and drafting of various commercial contracts, and application for business permits and licenses.

For our foreign clients, we provide “In-House” services at a fixed monthly rate or on an ad-hoc basis for their Korean subsidiaries and branches to meet the needs for legal advice and representation in Korea. Our attorneys with in-house experiences at Hanhwa and Samsung Group companies, in particular, will be your asset to protect Korean business interests from any important legal and regulatory issues.

Services

We provide the full range of legal services in this practice area, including the following:

  • Setting up business in Korea and its major trading countries
  • Inbound/outbound foreign investment
  • Corporate governance and other general matters
  • International trade and business transaction
  • Various contract review and drafting
  • Competition and antitrust
  • Restructuring and insolvency
  • Regulatory compliance
  • Government relations
  • Crisis management

Selected Cases

Competition and Antitrust

  • Lotte: Alleged collusion to fix prices of soft drinks among Lotte Chilsung Beverage and others
  • Hanaro Telecom: Alleged collusion to fix prices of local phone calls between Hanaro Telecom (currently SK Broadband) and KT Corporation

Restructuring and Insolvency

  • O2Resort: Reorganization and sales of O2 Resort
  • KunYoung: Due diligence on KunYoung Food’s reorganization plan
  • Various: Represented foreign creditors in numerous local bankruptcy/reorganization proceedings

Regulatory Compliance

  • SK: Regulatory risk management of commercial transactions between SK Broadband and SK Group companies
  • Kolon: Regulatory assurance of FNC Kolon’s acquisition of Cambridge Members

Crisis Management

  • Chemical company: Explosion of a chemical company’s manufacturing facility and accidental spill of phenol
  • Manua Resort: Collapse of Manua Resort’s auditorium roof with severe casualties
  • Conglomerate Group: Alleged illegal political contributions by a conglomerate group company

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