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Kim & Chang has a growing list of honors and rankings for 2009

March 2010

Kim & Chang has a growing list of honors for its representation of clients across the globe, as well as for excellence in the legal profession.

Kim & Chang’s recent honors recognize many of its 700 professionals and practice groups.

Kim & Chang won the prestigious "National Law Firm of the Year for Korea" award at the IFLR Asian Awards 2010. With this latest award, Kim & Chang has been named the top law firm in Korea for 8 consecutive years in the International Financial Law Review (IFLR), which is published by Euromoney. The journal awarded national law firms in 14 countries in Asia based on their performance in 2009. Kim & Chang also won in the categories of Private Equity Deal of the Year (KKR and Affinity / Oriental Brewery) and Structured Finance Deal of the Year (Kookmin covered bond).

Kim & Chang ranked first in deal count in the Bloomberg 2009 Asia Pacific Legal Advisory M&A Rankings. It also ranked eighth in deal volume in the league tables of the Asia Pacific Announced Deals for 2009, published in the Asia Pacific Legal Advisory M&A Rankings announced by Bloomberg.

im & Chang was further recognized as the top legal adviser in the Korean legal market with remarkable achievements in 2009 by the M&A League Tables of Legal Advisers to Asia-Pacific M&A 2009 announced by mergermarket. The firm took the top ranking in the categories of both deal count and deal value for South Korean M&A in Q1~Q4 (January 1st - December 31st) of 2009. The firm also ranked second in deal count and third in deal value in the mid-market volume table (deals with values in the US$10 million-250 million range) for Asia-Pacific M&A.

Kim & Chang was recognized as a top-tier law firm for all four practice areas surveyed, including capital markets, banking and project finance, mergers and acquisitions, and restructuring and insolvency, in the 2010 edition of IFLR 1000, published by Euromoney. Kim & Chang is the only law firm in Korea with top rankings in all surveyed areas. In addition, Kye Sung Chung, Young Man Huh, Chang Hyeon Ko, Soo Man Park and Hi Sun Yoon of our firm were selected as leading lawyers.

Further, in the Asialaw Profiles 2010, Kim & Chang was ranked as the top firm in Korea in the following 7 practice areas: Banking & Finance, Corporate/M&A, Dispute Resolution, Intellectual Property, IT, Telco & Media, Labor & Employment and Shipping Maritime & Aviation. Kim & Chang is the only law firm in Korea with top rankings in all surveyed areas.

Kim & Chang received the “Korean Deal Firm of the Year” award from Asian Legal Business (ALB) based on the firm’s performance in 2008 and the first half of 2009. The “E-Land Group-Homever Sale” in which Kim & Chang acted as legal advisor to the seller was also selected as the “Korea Deal of the Year.”

Chambers Asia 2009 Guide ranked Kim & Chang as the top firm in Korea in the following practice areas: Banking & Finance; Capital Markets; Competition/Antitrust; Corporate/M&A; Dispute Resolution; Employment; Intellectual Property; Real Estate; Shipping; Tax; and Technologies, Media & Telecommunications. Kim & Chang is the only law firm in Korea with top rankings in all of the surveyed areas.


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Legal Developments by:
Kim & Chang

  • South Korea: Notice on Proposed Partial Amendment to Commercial Code

    On July 17, 2013, the Ministry of Justice issued an advance legislative notice of a proposed partial amendment to the Commercial Code in order to improve corporate governance. The proposed amendment is schedule to be submitted to the National Assembly in the latter half of this year after the advance notice period expires on August 25, 2013.  
    - Kim & Chang

Legal Developments in South Korea

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    Further to the Personal Information Protection Act ( PIPA ), the comprehensive data privacy law passed in March 2011 which will take effect on September 30, 2011, 1 the government has unveiled draft regulations to flesh out a number of the applicable requirements and standards. The drafts of the Enforcement Decree and the Enforcement Regulations, published on May 24, 2011, include significant requirements relating to data security, which, like other provisions, apply to any entity that handles personal information files for work purposes (referred to as “data handlers” below). Also now spelled out are various details concerning consent requirements, website sign-up rules, video camera restrictions, use of third party data handlers, reporting of leaks, and collective dispute mediation.
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  • Proposed Rule Changes to Spur Korean Hedge Funds

    Planned changes to financial sector regulations expected to take effect September 2011 The Financial Services Commission (FSC) of Korea is poised to implement a slate of regulatory changes that will ease a number of the current constraints, and clarify standards, for the formation and operation of domestic hedge funds. First announced in draft form in late June 2011, the changes to the presidential decree promulgated under the Financial Investment Services and Capital Markets Act (FSCMA) are for the most part expected to be finalized in August 2011, and to take effect in September 2011. The stated aim is to spur growth in Korean hedge funds, known technically as "collective investment vehicles aimed at qualified investors." The new rules will broaden the scope of eligible investors; ease current hedge fund operating limits such as the leverage cap; finalize eligibility criteria for hedge fund managers; and permit a wider range of prime broker activity, including securities lending for short sales. The rules remain subject to revision as they undergo final government review. The anticipated key rules, however, are as follows.        
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