Kyu Sang Chung

  • Senior Foreign Attorney
  • T. +82-2-3404-0280
  • F. +82-2-3404-0801
  • E. kyusang.chung@bkl.co.kr

Overview

Kyu Sang Chung is a senior foreign attorney of Bae, Kim & Lee LLC. Mr. Chung's practice mainly focuses on corporate M&As, corporate restructuring, WTO/FTA, M&As and restructuring of financial institutions, approvals and permits for financial institutions and financial regulations, corporate governance, disputes over management control, legislation consulting, establishment and operation of international organizations, etc. He passed the National Higher Civil Service Examination on Government Administration and started his career as a public servant with the Korean Government. He worked at the Ministry of Education, the Office of Administrative Policy Coordination of Prime Minister's Office, the Economic Planning Board, the Presidential Secretariat, the Ministry of Finance and Economy, etc., where he was responsible for policy evaluation and policy coordination, and market analysis and policy support to overcome Korea's financial crisis.

Mr. Chung joined BKL as a foreign attorney in December 1999 and has built up his career as a corporate restructuring and M&A lawyer by successfully handling many corporate workouts and mergers and acquisitions (e.g. Hyundai Engineering & Construction, Hynix Semiconductor, etc.). In addition, he acted as a legal advisor to the government in the processes of negotiation, execution and performance of major FTAs including Korea-US FTA and Korea-EU FTA, and also acted as a legal advisor to the government in connection with the business of the ITER organization. Mr. Chung earned a LL.B. from Seoul National University and a LL.M. from University of Chicago Law School and was admitted to the New York Bar.

Representative Experience

1999-Present Bae, Kim & Lee LLC
1998-1999 Director, Presidential Secretariat on State Affairs, Office of the President
1998 Investment Promotion Division, Ministry of Finance and Economy
1997-1998 International Trade Division, Ministry of Finance and Economy
1995 Task Force for International Trade Disputes, Ministry of Finance and Economy
1993-1994 Trade Coordinaton Division, International Economic Coordination Office, Economic Planning Board
1990-1993 Office of Administrative Policy Coordination & Office of Policy Evaluation Deliberation Officer, Prime Minister's Office
1986-1989 Deputy Director, Central Officials Training Institute, 1986 Asian Games Organizing Committee and Ministry of Education
See More
2019-2022 Non-Standing Director, Korea Institute of Nuclear Safety (KINS)
2016 Member, TPP Strategy Forum, Ministry of Trade, Industry and Energy
2015-2021 Member of the Conciliation Committee, International Centre for Settlement of Investment Disputes (ICSID)
2014-2015 Advisor, Amendment of the Corporate Restructuring Promotion Act, Financial Services Commission
2012 Advisor, Task Force for the Acquisition Programs of FX, AH-X and Maritime Operations Helicopter, Defense Acquisition Program Administration
2008-2010 Member, Committee for International Economic Policy, Ministry of Economy and Finance
2007-2009 Advisory Member, Committee on the Korea-EU FTA negotiations (Investments, Services and Dispute Settlements), Korean Government
2007-2008 Member, Creditor Financial Institutions Mediation Committee, Korea Federation of Banks
2007 Advisory Member, Committee on Korea-US FTA negotiations (Investments, Services and Dispute Settlements), Korean Government
2004-2006 Interim Director, Seoil University
2004-2005 Member, University Structural Reform Committee, Ministry of Education & Human Resources Development
2003-2009 Member, Creditor Banks Mediation Committee, Korea Federation of Banks
2000-2018 Member, Investment Committee, Chungcheongnam-do Province
2000-2002 Advisor, WTO New Round (Doha Development Agenda), Ministry of Justice
1997 Research Scholar, University of Michigan Law School

Representative Matters

Advised selling shareholders on the sale of Hyundai Engineering & Construction to Hyundai Motors
Advised selling shareholders on the sale of Hynix Semiconductor to SK Telecom
Advised on the workout and block sale of Hyundai Engineering & Construction
Advised on workout and block sale of Hynix Semiconductor
Advised the government on the establishment of the international thermonuclear experimental reactor (ITER) organization and implementation of related projects
Advised selling shareholders on the sale of Hyundai Engineering & Construction to Hyundai Motors
Advised selling shareholders on the sale of Hynix Semiconductor to SK Telecom
Advised on the workout and block sale of Hyundai Engineering & Construction
Advised on workout and block sale of Hynix Semiconductor
Advised the government on the establishment of the international thermonuclear experimental reactor (ITER) organization and implementation of related projects
Advised the Financial Supervisory Committee/Korea Deposit Insurance Corporation on the sale of Hyundai Investment Securities
Advised Orion Electronic Company on its workout and the establishment and operation of a corporate restructuring vehicle
Advised Keangnam Enterprises on its workout
Advised NSIC on the Songdo new town development project
Advised the Korean government in connection with the negotiations and implementation of the ROK-US FTA
Advised the government on the ROK-EU FTA
Advised the Ministry of Trade, Industry and Energy on counteractions to semiconductor export regulations of a foreign government
Advised the Korean government and public corporations in connection with preparation for negotiations to join the CPTPP

Education

1996 University of Chicago Law School (LL.M.)
1989 Seoul National University (M.P.A.)
1986 Seoul National University (LL.B.)

Selected Activities

Publications
Commentaries on Corporate Restructuring (editorial supervision, original was written by Myeong Hun Lee) (Jeongbeopsa, 2008)
Trade Terms Dictionary (Korean translation, original was written by Walter Goode) (Beomsinsa, 1998)
Practical main issues of the Corporate Restructuring Promotion Act, BFL Vol. 34 (Seoul National University Center for Financial Law, 2009)
The Asia-Pacific Restructuring & Insolvency Guide: Korea Chapter (Co-author, Globe White Page, 2006)
The Asia-Pacific Restructuring & Insolvency Guide: Korea Chapter (Co-author, ADB, 2003-2004)
International Mergers & Acquisition Review: Korea Chapter (Co-author, Euromoney, 2003-2004)
Insolvency & Restucturing: Korea Chapter (Co-author, Law Business Research, 2003)

Qualifications

2013 Authorized Administrative Agent (Korea)
1997 New York