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Corporate Restructuring, Rehabilitation and Bankruptcy

  • Practice Areas Introduction
  • Hankyul provides integrated services in the full spectrum of corporate restructuring, including reviewing the structure in connection with corporate restructuring, applying for commencement of rehabilitation, bankruptcy, and workout procedures, assisting with and advising on drafting various documents after commencement of such procedures, carrying out various procedures, and advising on the sale or acquisition of various kinds of companies under rehabilitation procedures.

     

    In particular, one characteristic of the insolvency and corporate restructuring procedures is that the interests of various parties involved such as the court, company, creditors, acquiring party to the M&A, and the fund providers are entangled in such procedures.  Hankyul has extensive experience and in-depth knowledge of applicable laws, cases, and legal theories and based on such experience and knowledge, seek and recommend the best solution satisfactory to all interested parties, not just providing general advice, and thereby contribute to the practical dispute resolution and successful recovery of bankrupt companies.

  • Practice Areas
  • Reviewing the structure in connection with corporate restructuring

    Applying for the commencement of rehabilitation, bankruptcy, and workout procedures and providing advice on and representation in litigation in various matters arising in the course of carrying out various insolvency procedures

    Assisting with drafting the rehabilitation plans

    Assisting with the M&A of the companies undergoing rehabilitation procedures or workout and with the acquisition financing

    Applying for the revocation of the rehabilitation procedure

    Reviewing various legal issues and effectively dealing with them.

  • Representative Matter
  • Advising Woosung Wool Textiles Co., Ltd., Semo Co., Ltd., HD-IT Co., Ltd., Etronics, Chonggu Co., Ltd., Seoul Cast Industry Company, and Daenong Corporation, etc. on the acquisition

    Advising Mercury Corporation, Fine Suntronix, Shipbuilding Business Department of Semo Co., Ltd., and Anam Construction Co., Ltd., etc. on the sale

    Applying for bankruptcy of Metropia Co., Ltd., Expat Technology Co., Ltd., Erum INC Co., Ltd., Sungjun Co., Ltd., Daidong Electronics Industry Co., Ltd., RF Korea Co., Ltd., e-Logistics Co., Ltd., and Parkmax Co., Ltd., etc.

    Applying for composition for Hyundae Cable Co., Ltd. and Acon Co., Ltd. (currently, Aikang Remetech Co., Ltd.)

    Applying for corporate reorganization procedures for Jinro Industries Co., Ltd., Daea Lead Wire Co., Ltd., and Seoul Electronics & Telecom, etc.

    Applying for the rehabilitation of Jeil Direct Co., Ltd., BAT Co., Ltd., Gulbinara Co., Ltd., BRN Science Co., Ltd., Ace Steel Co., Ltd., Boosung Anter Tech, Youkwon Development Co., Ltd., Namkwang Engineering & Construction Co., Ltd., Seohyun Foundation, and Kyungan Construction Co., Ltd., etc.

    Applying for the revocation of the rehabilitation procedure for Lim Dong, Geumsung Texile Co., Ltd., Dae Lyuk Plating Co., Ltd., Mekania Co., Ltd., Samjeong Steel Co., Ltd., Seven Star Co., Ltd., Jayeon Geudaero Co., Ltd., Youngpoong Pile Co., Ltd., Joong Ang Products, and Chew Young Roo, etc.

    Advising on blocking the approval of rehabilitation of Pumyang Construction Co., Ltd.

    Appealing against the compulsory approval of the rehabilitation plan of Jinro Industries Co., Ltd. and Hansarang Asan Hospital, etc.