Partner
and access,
Seong Chan Hong is a partner in the Corporate Practice Group. He represents and assists numerous clients in corporate restructuring, M&A, in-bound and out-bound investments and management buyout and control fields. He also advises clients on general corporate law issues, licenses and permits, and labor matters. Mr. Hong has worked on a variety of high profile transactions including, without limitation, establishment of holding companies for SK Group and CJ Group, the sale of Daewoo Shipbuilding & Marine Engineering by Korea Development Bank, the acquisition of Huneed Technology by Boeing and the acquisition of LIG Life Insurance by Woori Finance Holdings. He has also represented domestic and foreign companies successfully in several business litigations and obtained favorable judgments, such as preliminary injunctions prohibiting the exercise of voting rights, preliminary injunctions prohibiting convening of shareholders meeting, and court decisions confirming invalidation of shareholders meeting. He also obtained a preliminary injunction prohibiting de-registration procedures of NEO Resource Co., Ltd. Mr. Hong's work also extends to reviewing various contracts between domestic and foreign companies, advising foreign investors in their establishment of Korean presence and domestic companies for their expansion into foreign countries. He regularly advises Doosan Mecatec and Hanwha Chemical Corporation in international transactions, and he provides general corporate law advices to various Korean companies established by foreign investors, including, without limitation, Snap-on Tools Korea and Brooks Automation Asia.