Bo Youl HUR

  • Attorney
  • Partner
  • T. +82-2-3404-0162
  • F. +82-2-3404-0806
  • E. boyoul.hur@bkl.co.kr

Overview

Bo Youl Hur is a partner at Bae, Kim & Lee LLC (BKL). Mr. Hur provides advice and handles litigation involving corporate restructuring (e.g. rehabilitation procedure, bankruptcy procedure, and workout). He was involved in most major domestic restructuring cases arising after the so-called IMF economic crisis in 1997 as an agent or advisor for the target companies or creditor financial institutions, and took the lead in handling M&As of companies under rehabilitation proceedings. He also handles all the matters (e.g. M&A activity, split-off, capital reduction, business transfer, share acquisition, etc.) coinciding with, or being derived from, the said corporate restructuring procedure. He also professionally handles all sorts of disputes (e.g. exercise of avoiding right, confirmation of reorganization claim, and profit/loss calculation and loss sharing after the end of a workout) raised in the course of corporate restructuring, in order to produce the best outcome for his clients.

Mr. Hur participated in writing—he wrote the part concerning Korea—A Guide to Asia Pacific Restructuring and Insolvency Procedures, published by Clifford Chance, a largest law firm in the UK. He has lectured on the practice of corporate bankruptcy and rehabilitation at Korea Banking Institute since 2007 and provided guidelines to persons in charge of rehabilitation, bankruptcy, and restructuring at foreign/domestic financial institutions. He also serves as an external member of the Investment Management Committee of the Fund Management Office of the National Pension Service. Due to his national—even international—reputation, he was recognized as a rising star in bankruptcy and restructuring in the 2013 edition of IFLR1000. He earned his LL.B. from Seoul National University and completed the 25th Judicial Research and Training Institute course. He earned his LL.M. from Duke University School of Law and was admitted to the New York Bar.

Representative Experience

1999-Present Bae, Kim & Lee LLC
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2014-Present External Member, Investment Management Committee of the Fund Management Office, National Pension Service
2010-2017 Auditor, Korean Liver Foundation
2007-Present Adjunct Professor, Korea Banking Institute
2012 Outside Director, Commax Co., Ltd.

Representative Matters

Advised on the financing and purchase of real estate owned by Cheil General Hospital & Women's Healthcare Center under rehabilitation proceedings
Advised on the restructuring and acquisition of Gasan Noblige Country Club
Advised on the investment by Recovery Support Fund A and Recovery Support Fund B in insolvent companies
Represented Poonglim Industrial in filing a petition for rehabilitation proceedings and advised on M&A
Represented C&S Asset Management in filing a petition for rehabilitation proceedings and advised on M&A
Workout, Voluntary Arrangement, and FTP
Advised affiliates of Daewoo Group including Daewoo, Daewoo Motor Company, Daewoo Telecom, and Daewoo Motor Sales, shipbuilding companies including Samho Shipbuilding, Sekwang Heavy Industries, 21st Century Shipbuilding, and Jinse Shipbuilding, construction companies including Poonglim Industrial, Woolim Construction, Namkwang Engineering & Construction, and Dongil Construction and other creditor financial institutions
Petition for Commencement of Rehabilitation Procedures
Advised and represented Korea Express, Medison, Jindo, Mercury, Incheon Oil, Choongnam Spinning, BOE Hydis Sejong Construction, Daewoo Logistics, Dong Myung E&C, Woori Industry, Woori STN, Gntech, HBE, Alti Electronics, Alti Semiconductor, GeoMC, Limkwang Engineering & Construction, Daewoo Motor Sales, Celrun, Nadri Cosmetics, EFC, Kyung Won Company (Evendale CC), BK E&T, CoreLogic, Dongil Construction, Rapha Bio, Daesung L&B, Poonglim Industrial, C&S Asset Management, etc.
Advising the Sale and Acquisition of Rehabilitated Companies
Advised on the financing and purchase of real estate owned by Cheil General Hospital & Women's Healthcare Center under rehabilitation proceedings
Advised on the restructuring and acquisition of Gasan Noblige Country Club
Advised on the investment by Recovery Support Fund A and Recovery Support Fund B in insolvent companies
Advised Choongnam Spinning, Daewoo Motor Company, Samsung Motor Company, Kukdong Construction, Samho Company, Midopa, Hanshin Engineering & Construction, Yangbo, Neulproon Medical Foundation (Bobath Memorial Hospital), Pine Resort, Tongyang, Shinni Development (Royal Foret CC), Haitai Confectionery & Foods, Hanbo Steel, Trigem Computer Inc., etc.
Arranging Merger and Acquisition of Rehabilitated Companies
Represented Poonglim Industrial in filing a petition for rehabilitation proceedings and advised on M&A
Represented C&S Asset Management in filing a petition for rehabilitation proceedings and advised on M&A
Advised Korea Express, Nasan, Hanil Synthetic Fiber, Kyung Nam Wool, BOE Hydis, Kunyang Food, Etronics (Inkel), SKM, Young Chang, Kyenggi Chemical, Enterprise Networks, Jeil GMB, EFC (Esquire), Gwangju Ilbo Newspaper Business, Hampyeong Dynasty CC, Mook, Alti Electronics, Poonglim Industrial, C&S Asset Management, etc.
Advice and Litigation for Rehabilitated Companies
Advised companies under rehabilitation proceedings including Kia Motor Company, Daewoo Motor Company, Nasan, Sammi Corporation, Dongah Construction, Hanshin Engineering & Construction, Ilsung Construction, Daenong, Kukdong Construction, Thrunet, Elcanto, Chunji Corporation, Segye Corporation, Jinduk Industrial Co., Ltd., Haitai Confectionery & Foods, SKM, Hyundai IT, Shinku Construction, Good Morning City, Samsun Logix, Tongyang, and Goseong Heavy Industries, and a creditor financial institutions' council of Hanil Engineering & Construction, etc. in rehabilitation proceedings

Education

2005 Duke University School of Law (LL.M.)
1996 Judicial Research and Training Institute, Supreme Court of Korea
1994 Seoul National University (LL.B.)

Selected Activities

Publications
A Guide to Asia Pacific Restructuring and Insolvency Procedures: Korea Chapter, pp. 79-88 (Co-author, Clifford Chance LLP, 2018)
The International Insolvency Review, 3rd Edition: Korea Chapter, pp. 249-255 (Law Business Research, 2015)
Awards
IFLR 1000 - Leading Lawyer (2017-2022)

Qualifications

2008 New York
1996 Korea

Awards and Recognition

Awards and Recognition