The Legal 500 > Kim & Chang > Seoul, SOUTH KOREA > Lawyer profiles

Kim & Chang

39 SAJIK-RO 8-GIL, JONGNO-GU, SEOUL 03170, SOUTH KOREA

Tel:: Work +82 2 3703 1114

Email:

Web:: www.kimchang.com

David Pyun

Tel:: Work +82 2-3703-1286
Email:

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Lawyer Rankings

Work Department

Real Estate & Construction, International Practice, Banking

Career

David H. Pyun is an foreign attorney at Kim & Chang. As a member of the firm's Real Estate Practice and Energy Practice, Mr. Pyun focuses primarily in advising clients in all aspects of real estate transactions, including acquisitions and dispositions and leasing in the office, hospitality, and mixed-use sectors as well as joint venture and development transactions.

Mr. Pyun also has substantial experience in a range of corporate and finance law areas, including joint ventures and corporate finance matters including corporate credit facilities, high-yield bond offerings and structured finance transactions.

Mr. Pyun has extensive experience advising asset management companies, corporate clients, private equity funds and other foreign and domestic financial institutions on a large spectrum of domestic and cross-border investment transactions, and also specializes in direct asset purchase and sale, indirect investment and development financing via purchase and issuance of debt securities and domestic and overseas hospitality transactions.

Throughout his career, Mr. Pyun has been actively involved in many high-profile transactions in Korea and overseas, including investment transactions in the United States, Asia, Europe, Australia and South America.

Prior to joining Kim & Chang, Mr. Pyun was a senior foreign counsel (foreign attorney partner) at Yulchon LLC in Seoul with the role of senior supervising foreign attorney for its Real Estate and Construction Practice.

Mr. Pyun previously worked in the New York office of Mayer Brown, where he worked on general corporate and finance matters, including capital markets. Following his experience in New York, he worked for several years at as a general corporate and finance specialist in real estate at Allen, Matkins, Leck, Gamble, Mallory & Natsis LLP and Cox, Castle & Nicholson LLP.

Languages

English and Korean

Member

Admitted to bar, New York, 2004; California, 2006

Education

New York University School of Law (J.D., 2002)
Cornell University (B.A.,1999)

South Korea: Real estate

Real estate – Local firms

Within: Real estate – Local firms

Kim & Chang's market-leading real estate practice has enjoyed another strong year; the team has been active in several significant inbound transactions including advising Shinhan BNP Paribas Asset Management in the $679m sale of Signature Tower. Kwan Sik Yu is singled out for his ‘profound legal knowledge’ and is ‘always aware of up-to-date regulation changes’; he and Jin-Ho Song continue to advise Mastern No.28 CENTRE POINT Myeongdong PFV on land acquisition and development in the Myeongdong area of Seoul. In outbound investment work, Keun Ah Cho, Sang Min Lee and David Pyun acted for Mirae Asset Global Investments in the acquisition of a landmark building in Frankfurt, Germany, valued at €281m. Practice head Yon Kyun Oh has a strong reputation in the real estate and construction sector.

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Kim & Chang

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Potential Regulatory Compliance Systems to Enhance the Safe Control of Chemical Substances

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Legal Developments in South Korea

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

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Lee & Ko successfully represents Big Hit Entertainment against unauthorized use of BTS’ photos

Lee & Ko, on behalf of Big Hit Entertainment (“Big Hit”), obtained the first-ever decision in Korea to recognize the entertainment companies’ right to independently request for injunction against those who free-ride on the customer attractiveness that is based off of popularity and fame of the artists managed by the companies. This landmark decision is expected to serve as an important pedestal in protecting the legitimate interest of entertainment companies (domestic as well as international) that manage famous artists and entertainers and remain vulnerable to unfair competition of free-riders.

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First- Ever Decision by the Supreme Court of Korea ...

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Key International Tax Law Amendments in the Draft 2019 Tax Revision Bill

On July 25, 2019, the Ministry of Economy and Finance publicly released the 2019 draft Tax Revision Bill (the “Draft Bill”). The Draft Bill is expected to be sent to the National Assembly on September 3, 2019 for deliberation and adoption.

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Russian Court’s Judgment Recognized for Enforcement in Korea

Recently, based on the premise that requirements for “mutual guarantee” or “reciprocity” in relation to the recognition and enforcement of foreign judgments can be allowed between Russia and Korea, a District Court of Korea rendered its decision which allowed a judgment concluded by a Russian court to be enforceable in Korea (see Changwon District Court, Decision 2018Gahap51099 held on January 17, 2019).

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Korean National Assembly Passes “Blind Hiring” Bill to Reform Hiring Culture

Recently, the National Assembly of Korea passed legislative amendments to the Fair Recruitment Procedure Act (“FRPA ”) as part of the reform efforts to address the country’s recruitment culture. The latest amendment – dubbed the “blind hiring” bill – expands the FRPA to prohibit any type of recruitment irregularities (e.g., improper solicitation, coercion, pressure) and, more importantly, bars employers from asking jobseekers to provide any information unrelated to the position and the applicant’s merit. The amended FRPA will go into effect starting July 17, 2019.

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Korean Financial Supervisory Service Mandating Disclosure of Transaction Documents When Filing Repor

Korean Financial Supervisory Service Mandating Disclosure of Transaction Documents When Filing Report on Material Facts

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Successful Challenges to Korean Health Insurance Regulator’s 13-Year Old System...

Successful Challenges to Korean Health Insurance Regulator’s 13-Year Old System of Automatic Reduction of Original Drug Price

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Korean Supreme Court Confirms Licensee’s Standing to Challenge Patent Validity

On February 21, 2019, the Supreme Court of Korea issued an en banc decision overruling its prior precedents on the issue of whether a licensee who is continuing to make royalty payments under an existing license agreement nevertheless has standing to challenge the validity of the licensed patent. In short, the Korean Supreme Court held that absent special circumstance, a patent licensee is an “interested party” eligible for challenging the validity of a licensed patent, despite the lack of any threat or potential threat posed by the patent holder against the licensee’s right to use the patented invention. (Supreme Court En Banc Decision No. 2017Hu2819).

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