Seemyung Kwack

Senior CPA

T. +82-2-3404-0581
F. +82-2-3404-7687
E. seemyung.kwack@bkl.co.kr

Overview

Seemyung Kwack is a financial expert with vast experience and expertise not only in the basic accounting/tax affairs but also in financial analysis with respect to fair trade, restructuring, customs valuation and litigation, etc. and one of the core members of Bae, Kim & Lee LLC’s Law & Economics Center (CLE).

Mr. Kwack provides advice on financial analysis, valuation, taxation and accounting with respect to various areas from response to the Korean Fair Trade Commission's investigations and regulations to restructuring, customs valuation and litigation, etc. He also has expertise in financial due diligence, accounting supervision, and forensic investigation, etc.

Mr. Kwack passed the 40th Certified Public Accountant Examination, and prior to joining BKL, he worked at Samil PricewaterhouseCoopers where he advised his clients on accounting audit, the International Financial Reporting Standards, and financial due diligence, etc. He earned his B.A. in Business Administration from Korea University in 2006. He also took a training course on Finance and Global Business Management, etc. at the University of California, Berkeley in 2017.

Related Practices

Representative Experience

2011-Present Bae, Kim & Lee LLC

2009-2011 Samil PricewaterhouseCoopers

2007-2009 Douzone Dass

2005-2006 Samil PricewaterhouseCoopers

Representative Matters

Advised the client on unfair supports by leading group companies in Korea

Advised the client on undue collaborative activities for purchasing scrap metal by steelmakers

Advised Willian Grant & Sons on its application for ACVA (Advance Customs Valuation Arrangement)

Advised a Japanese company on its acquisition of Smartcon/Mafin, a Korean digital gift service provider

Advised a Korean company on its acquisition of Daeho P&C, a KOSDAQ listed company

Response to the Korean Fair Trade Commission's Investigations and Regulations

Advised the client on unfair supports by leading group companies in Korea

Advised the client on undue collaborative activities for purchasing scrap metal by steelmakers

Advised the client on undue collaborative activities by chicken meat sales business operators

Restructuring

Shipbuilding industry (STX Offshore & Shipbuilding, Daewoo Shipbuilding & Marine Engineering, Hanjin Heavy Industries & construction, Shinhan Heavy Industries, etc.)

Construction industry (Ssangyong Engineering & Construction, Poong Lim Industrial, Kyungdong Construction, etc.)

Golf courses (Gwangsan Tourism & Development, Donghae D&C, Bluebird CC, etc.)

Fashion industry (Avista, Esquire, etc.)

5G (EMW)

Alternative energy (Woongjin Energy, Lightron)

Customs Valuation

Advised Willian Grant & Sons on its application for ACVA (Advance Customs Valuation Arrangement)

Advised Tokyo Electron on its import of semi-conductor equipment

Advised Lotte Chemical on its import of Mixed Xylene

Financial Due Diligence

Advised a Japanese company on its acquisition of Smartcon/Mafin, a Korean digital gift service provider

Advised a Korean company on its acquisition of Daeho P&C, a KOSDAQ listed company

Advised a Korean company on its acquisition of Keumhwa Steel, an unlisted company

Advised an investment company on its acquisition of Kyungnam Motor, a Mercedes-Benz dealer

Accounting Supervision and Forensic Investigation, Etc.

Advised the clients such as a system semi-conductor and bio company, a domestic resort company, a commerce & contents company, and a crane manufacturer, etc. on their response to accounting supervision

Advised the clients such as an airline, a foreign sports apparel manufacturer, an automobile parts manufacturer, a pharmaceuticals manufacturing and sales company, and an accounting firm, etc. on their internal and forensic investigations

Education

2006 Korea University (B.A.)

Qualifications

2007 Certified Tax Consultant (Korea)

2006 Korea