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Shin & Kim

23TH FLOOR, D-TOWER (D2), 17 JONGNO 3-GIL, JONGNO-GU, SEOUL 03155, SOUTH KOREA
Tel:
Work +82 2 316 4114
Fax:
Fax +82 2 756 6226
Email:
Web:
www.shinkim.com
Beijing, Seoul, Shanghai

Chan-Mook Jung

Tel:
Work +82 2 316 4035
Email:
Shin & Kim

Work Department

Insurance, Banking and Finance

Position

Partner

Career

Shin & Kim (2016–Present); Financial Supervisory Service (FSS) (2003–2016)

Languages

Korean, English

Member

Korean and Seoul Ba Association

Education

American University Washington College of Law (LL.M.,2014); Yonsei University, Graduate School of Law (LL.M.,2014); Judicial Research & Training Institute, Supreme Court of Korea(2008); Yonsei University, College of Law (LL.B.2001)


South Korea: Insurance

Insurance – Local firms

Within: Leading individuals

Chan-Mook Jung - Shin & Kim

Within: Insurance – Local firms

Shin & Kim’s insurance practice handles contentious disputes and financial transactions for insurance companies, as well as regulatory matters. Chan-Mook Jung and Sang-Mi Baek have been active in several key cases of late, including assisting the General Insurance Association of Korea with a review aimed at overhauling the auto insurance compensation system. Meanwhile, Jung, Baek and So Yeon Kim are representing Samsung Life Insurance in an appeal concerning the liability of payment in cataract surgery. Practice head Hyungsuk Lee is recommended as are Se Ryul Hong and Su Hyun Lee.

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Legal Developments by:
Shin & Kim

  • Essilor’s Proposed Combination with an Optical Lens Maker in Korea is Blocked

    In its press release on March 17, 2014, the Korea Fair Trade Commission (the "KFTC") blocked the proposed acquisition of 50% shares by Essilor Amera Investment Pte. Ltd. (a subsidiary of Essilor International S.A., the largest optical lens maker in the world) in Daemyung Optical Co., Ltd. (the second largest optical lens maker in Korea) citing inter alia the likely lessening effect on price competition and the probable future abuses of the enhanced market power. On top of the expressed competitive concerns, the KFTC observed that allowing foreign firms to acquire local firms and turn them into their local sub-contractors worsens the competitive market structure of the domestic optical lens industry.
    - Shin & Kim

Legal Developments in South Korea

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