Eui Jong (EJ) CHUNG

  • Attorney
  • Partner
  • T. +82-2-3404-0139
  • F. +82-31-601-7533
  • E. ej.chung@bkl.co.kr

Overview

Eui Jong (EJ) Chung is a partner of Bae, Kim & Lee LLC's Finance Group. Mr. Chung's practice focuses on finance (including acquisition finance and project finance), capital market, financial institution restructuring and M&A, private equity fund, and corporate restructuring and insolvency procedures.

Since starting his career as a lawyer with BKL in 1991, Mr. Chung has worked as a finance and capital market lawyer. He has advised major domestic financial institutions and companies on restructuring and M&A, various financial regulation, financing through domestic and foreign issuance of securities, acquisition finance accompanying major M&A deals and projects, and project finance. In addition, he has a lot of experience in cross-border financial transactions. He has advised major global financial institutions and private equity funds on investment in Korea and issues related to regulation.

Mr. Chung was an advisor to the Korean government in the Korea-EU Free Trade Agreement, a member (in the field of foreign and international financial policy) of the Economic Policy Committee of the Ministry of Economy and Finance, a member of the Creditor Financial Institutions Mediation Committee and a member of the Financial Disputes Mediation Committee of the Financial Supervisory Service. He now is a member of the Statutory Interpretation Deliberation Committee of the Financial Services Commission and a contributing editor to BFL published by Seoul National University Center for Financial Law.

Representative Experience

1996-1997 Linklaters LLP, Hong Kong
1991-Present Bae, Kim & Lee LLC
See More
2016-Present Member, Self-Regulatory Review Committee, Financial Services Commission
2016-2021 Member, Regulatory Review Committee, Korea Financial Telecommunications & Clearings Institute
2016-2018 Member, Steering & Management Committee, Korea Post
2015-2021 Member, Statutory Interpretation Deliberation Committee, Financial Services Commission
2014-2017 Member, Financial Consumer Protection & Bank Disputes Prevention Advisory Committee, Korea Federation of Banks
2014-2017 Outside Member, Alternative Investment Committee, National Pension Service
2013-2017 Member, Alternative Investment Committee, Government Employees Pension Service
2010-2016 Member, Financial Disputes Mediation Committee, Financial Supervisory Service
2009-2012 Member, Creditor Financial Institutions Mediation Committee, Korea Federation of Banks
2008-2009 Member, Economic Policy Advisory Committee, Ministry of Strategy and Finance (Foreign Exchange∙International Financial Policy)
2007-2008 Member, Financial Development Deliberation Committee, Ministry of Economy and Finance
2007 Expert Advisor, Korea-EU FTA
2004-2009 Expert Member, Financial Disputes Mediation Committee, Financial Supervisory Service

Representative Matters

Advised the Korean government and arrangers on the issuance of US dollar, Euro and Chinese Yuan denominated foreign exchange equalization bonds
Advised on the IPO of Samsung Biologics on the Korea Exchange
Advised a borrower on financing of acquisition by KKR/Affinity of Oriental Brewery
Advised JP Morgan Chase and other lenders on the debt rescheduling of LG Philips Display Korea
Advised lenders including KEXIM and US-EXIM on USD 2.5 billion loan for construction of UAE nuclear power plant
Capital Market Cases
Advised the Korean government and arrangers on the issuance of US dollar, Euro and Chinese Yuan denominated foreign exchange equalization bonds
Advised on the IPO of Samsung Biologics on the Korea Exchange
Advised on the issuance by KEXIM, KEPCO, KDB, Korea Finance Corporation, Hana Bank, Daegu Bank, Korea Gas Corporation, Hankook Tire, Korea Southern Power, etc. of Global Bond, Euro Bond, Kauri Bond, Maple Bond, Kangaroo Bond, Green Bond, etc
Advised Busan Bank on issuance of US$250 million Tier II CoCo bonds
Advised on the listing of ADR or GDR underlying the shares in Interpark Gmarket on the London Stock Exchange or NASDAQ
Advised on the listing of ADR or GDR underlying the shares in Hana Tour on the London Stock Exchange or NASDAQ
Advised an arranger on Shinhan Financial Group's paid-in capital increase through shareholder allocation
Advised POSCO on the issuance of overseas exchangeable bonds
Advised Hanjin Shipping on the issuance of overseas convertible bonds
Advised on the IPO of Hyundai Rotem on the Korea Exchange
Advised POSCO on the block sale of its own shares, etc.
Advised on the IPO of Doosan Bobcat on the Korea Exchange
Advised on IPOs of Celltrion Healthcare, Jin Air, Pearl Abyss, etc.
Acquisition and Project Finance Cases
Advised a borrower on financing of acquisition by KKR/Affinity of Oriental Brewery
Advised JP Morgan Chase and other lenders on the debt rescheduling of LG Philips Display Korea
Advised lenders including KEXIM and US-EXIM on USD 2.5 billion loan for construction of UAE nuclear power plant
Advised Hana Bank on its KRW 1.5 trillion equity-secured loans to Lone Star
Advised KEPCO on its investment in Qatrana Electric Power Company in Jordan and financing
Advised Affinity Equity Partners, Carlyle Group and others on their respective acquisition financing in respect of the acquisition of majority shares of Loen Entertainment, Lock&Lock and Twosome Place, etc.
Advised Korea South-East Power Co., Ltd. on financing of construction of Gulpur hydropower plant in Pakistan
M&A Cases
Advised on the sale of Daewoo Motor to GM
Restructuring and M&A Cases
Advised on the overseas sale of shares in Korea First Bank and Seoul Bank owned by the government
Advised on Olympus Capital's acquisition and sale of Korea Exchange Bank Credit Service
Advised the acquiring bank on P&A of five insolvent banks including Donghwa Bank
Advised on the establishment of Shinhan Financial Group and Hana Financial Group
Capital Market Cases
Advised Korea Deposit Insurance Corporation on its first sale of NPL and advised a bidder on the second sale of NPL and advised Korea Deposit Insurance Corporation on its sale of non-performing assets on numerous occasions
Advised Daehan Investment Trust on CBOs related to assets managed by it as trust property and has advised on dozens of CBOs and Primary CBOs issued by securities investment trust companies in Korea since early 2000
Advised Fitch Ratings on the issuance of covered bonds by KB Kookmin Bank and ABS by Hyundai Card
Advised on the purchase by GE Capital, Merrill Lynch, Shinsei Bank, Clearwater Capital, etc. of insolvent assets in Korea through ABS
Advised Shinhan Card on issuance of asset-backed securities backed by credit card accounts receivable
Financial Services Cases
Advised the Ministry of Economy & Finance / the Financial Services Commission in relation to the negotiations on the chapter of financial services for Korea-US FTA/Korea-EU FTA
Researched on the application of the Volcker Rule to domestic financial institutions for Korea Federation of Banks
Advised financial institutions including securities companies in relation to Lime and Optimus Funds and others

Education

1996 Columbia Law School (LL.M.)
1991 Judicial Research and Training Institute, Supreme Court of Korea
1988 Seoul National University (LL.M.)
1986 Seoul National University (LL.B.)

Selected Activities

Publications
Getting the Deal Through: Acquisition Finance - Korea Chapter (Co-author, Law Business Research, 2016-2018)
Shareholders' Right to Make Proposal under the Amended Commercial Act (Korean Bar Association, 1999)
Activity
Major Issues of the Amended Korean Commercial Code (Seoul National University Center for Financial Law)
Awards
Chambers Asia-Pacific - Leading Lawyer (2016-2022)
Chambers Global - Leading Lawyer (2012, 2017-2022)
The Legal 500 - Leading Individual (2016-2022)
IFLR 1000 - Leading Lawyer (2012-2022)
Asialaw - Leading Lawyer (2013-2022)
Who's Who Legal - Leading Practitioner (2019-2022)
Asia Business Law Journal - Korea's Top 100 Lawyers (2021-2022)
Asian Legal Business - Korea Super 30 Lawyers (2022)

Qualifications

1998 New York
1991 Korea

Awards and Recognition

Related Content

View more

Awards and Recognition