ClassHankyul provides legal advisory and litigation services covering all corporate legal matters including legal interpretation of the Commercial Act, the Capital Markets Act, tax laws, the Fair-Trade Act, and listing and disclosure regulations, corporate governance, control disputes, succession of control, listing (direct or back-door), defense against delisting, and corporate financing.
Based on years of experience in corporate advisory and litigation, ClassHankyul swiftly identifies and presents optimal solutions while working closely with clients in connection with various disputes and legal issues that arise in the course of managing a company, including regulatory compliance, directors’ duty of care and breach of trust issues, and control dispute.
Introduction
Major Business
- Advice on various statutes, such as the Commercial Act, the Capital Markets Act, tax law, labor law, disclosure regulations, etc.
- Advice on the operation of the board of directors and general meetings of shareholders
- Advice on directors’ duty of care and occupational embezzlement and breach of trust
- Advice on the preparation of various agreements, negotiations, etc.
- Structural designs and advice related to reorganization, such as corporate governance, mergers and spin-offs/split-offs, the succession of a family business or control, etc.
- Advice on corporate investments, attracting investments, corporate financing, investment recovery, etc.
- Establishment of takeover or anti-takeover strategies
- Review of the structure of and identification of response measures for various control dispute litigation cases, including litigation for invalidation of issuance of new shares, prohibition of exercise of voting rights, invalidation of capital reduction, suspension of execution of a director’s duties, suspension of a director’s illegal conduct, cancellation of general meeting of shareholders, and convocation of extraordinary meeting of shareholders
- Review of the structure of and identification of response measures for various litigation cases
- Litigation services regarding demand for discharge and other M&A disputes
- Advisory and litigation services related to all other corporate legal matters
- Advice on the operation of the board of directors and general meetings of shareholders
- Advice on directors’ duty of care and occupational embezzlement and breach of trust
- Advice on the preparation of various agreements, negotiations, etc.
- Structural designs and advice related to reorganization, such as corporate governance, mergers and spin-offs/split-offs, the succession of a family business or control, etc.
- Advice on corporate investments, attracting investments, corporate financing, investment recovery, etc.
- Establishment of takeover or anti-takeover strategies
- Review of the structure of and identification of response measures for various control dispute litigation cases, including litigation for invalidation of issuance of new shares, prohibition of exercise of voting rights, invalidation of capital reduction, suspension of execution of a director’s duties, suspension of a director’s illegal conduct, cancellation of general meeting of shareholders, and convocation of extraordinary meeting of shareholders
- Review of the structure of and identification of response measures for various litigation cases
- Litigation services regarding demand for discharge and other M&A disputes
- Advisory and litigation services related to all other corporate legal matters
Major Performance
1. Control Dispute Litigation
- Represented minority shareholders of a KOSPI-listed company: permission to convene extraordinary meeting of shareholder and injunction suspending execution of a director’s duties
- Regarding a cable company’s anti-takeover case: responded to injunction suspending execution of a director’s duties and litigation seeking confirmation of invalidation of issuance of new shares
- Regarding *** Company’s control dispute case: injunction against issuance of new shares, injunction against issuance of convertible bonds, application for permission to convene general meeting of shareholders, injunction suspending exercise of voting rights, and injunction suspending holding of general meeting of shareholders
- Advised on a dispute between the major shareholder and the audit committee of a life insurance company
- Responded to injunction against issuance of new shares and injunction against holding of general meeting of shareholders in ***bon’s control dispute case
- ***pack’s shareholder derivative litigation, injunction suspending effect of resolution of general meeting of shareholders, and litigation seeking revocation of resolution of general meeting of shareholders
- Numerous lawsuits regarding cleanup of C& Group’s affiliates: invalidation of issuance of new shares by C& Hangangland, injunction against exercise of voting rights, etc.
- Defended against a shareholder derivative suit regarding confirmation of invalidity of capital reduction of Kookje Construction and false entries in the business report
- Handled litigation regarding Sejong IB Technology Investment’s aggressive M&A: injunction for execution of a director’s duties, claim for inspection of account books, claim for convocation of an extraordinary meeting of shareholders, criminal complaint, etc.
- Handled Koje Co., Ltd.’s (KOSPI-listed) control dispute litigation: injunction against exercise of voting rights, injunction suspending execution of a director’s duties, injunction suspending illegal conduct, application for extension of creditor objection submission period.
- Handled Daeseong Mutual Savings Bank’s control and share dispute litigation: injunction against exercise of voting rights, injunction suspending execution of a director’s duties, injunction suspending illegal conduct, etc.
- Handled litigation concerning dispute among largest shareholders of D&Eco (KOSDAQ-listed): injunction against issuance of new shares, criminal complaint, etc.
- Handled litigation concerning minority shareholder dispute of Korea Development Financing Corporation (KOSPI-listed): injunction against holding general meeting of shareholders, litigation seeking cancellation of general meeting of shareholders
- Collected investments in numerous companies delisted from KOSDAQ: claim for damages
- Anti-takeover litigation of Korea Tender (KOSDAQ-listed)
- Represented the representative director of Human Com (KOSDAQ-listed) in criminal cases concerning management
- Handled control dispute litigation between S&T Co., Ltd., and Seyang Shipping
2. Minority Shareholder Disputes and Class Actions
- Dispute concerning Hanil Synthetic Fiber-Tongyang Major merger: litigation seeking invalidation of merger and determination of share purchase price
- Damages concerning fraudulent accounting by Hae Won Steel Tech, International Construction, etc.
- Damages concerning H&T stock manipulation
- Gloworks’ stock price manipulation case
- EXA E&C’s fraudulent accounting and stock price manipulation case
- Fraudulent accounting cases of Cecile, Tozai Holdings, MCTT Core, Daeyang Global, SeenTec, etc.
3. Other Major Litigation Cases
- Indemnification litigation concerning the assignment of shares in Aikang Remetech
- Damages in a fraud case concerning the acquisition of shares in Tiniatek
- Damages in connection with Gentech’s acquisition of Intercowel shares
- Korea Development Financing Corporation’s litigation seeking collection of investments against Jinro Co., Ltd., etc.
- Litigation concerning dispute over merger between Hanil Synthetic Fiber and Tongyang Major (KOSPI-listed): litigation seeking invalidation of merger and determination of share purchase price
- Represented minority shareholders of a KOSPI-listed company: permission to convene extraordinary meeting of shareholder and injunction suspending execution of a director’s duties
- Regarding a cable company’s anti-takeover case: responded to injunction suspending execution of a director’s duties and litigation seeking confirmation of invalidation of issuance of new shares
- Regarding *** Company’s control dispute case: injunction against issuance of new shares, injunction against issuance of convertible bonds, application for permission to convene general meeting of shareholders, injunction suspending exercise of voting rights, and injunction suspending holding of general meeting of shareholders
- Advised on a dispute between the major shareholder and the audit committee of a life insurance company
- Responded to injunction against issuance of new shares and injunction against holding of general meeting of shareholders in ***bon’s control dispute case
- ***pack’s shareholder derivative litigation, injunction suspending effect of resolution of general meeting of shareholders, and litigation seeking revocation of resolution of general meeting of shareholders
- Numerous lawsuits regarding cleanup of C& Group’s affiliates: invalidation of issuance of new shares by C& Hangangland, injunction against exercise of voting rights, etc.
- Defended against a shareholder derivative suit regarding confirmation of invalidity of capital reduction of Kookje Construction and false entries in the business report
- Handled litigation regarding Sejong IB Technology Investment’s aggressive M&A: injunction for execution of a director’s duties, claim for inspection of account books, claim for convocation of an extraordinary meeting of shareholders, criminal complaint, etc.
- Handled Koje Co., Ltd.’s (KOSPI-listed) control dispute litigation: injunction against exercise of voting rights, injunction suspending execution of a director’s duties, injunction suspending illegal conduct, application for extension of creditor objection submission period.
- Handled Daeseong Mutual Savings Bank’s control and share dispute litigation: injunction against exercise of voting rights, injunction suspending execution of a director’s duties, injunction suspending illegal conduct, etc.
- Handled litigation concerning dispute among largest shareholders of D&Eco (KOSDAQ-listed): injunction against issuance of new shares, criminal complaint, etc.
- Handled litigation concerning minority shareholder dispute of Korea Development Financing Corporation (KOSPI-listed): injunction against holding general meeting of shareholders, litigation seeking cancellation of general meeting of shareholders
- Collected investments in numerous companies delisted from KOSDAQ: claim for damages
- Anti-takeover litigation of Korea Tender (KOSDAQ-listed)
- Represented the representative director of Human Com (KOSDAQ-listed) in criminal cases concerning management
- Handled control dispute litigation between S&T Co., Ltd., and Seyang Shipping
2. Minority Shareholder Disputes and Class Actions
- Dispute concerning Hanil Synthetic Fiber-Tongyang Major merger: litigation seeking invalidation of merger and determination of share purchase price
- Damages concerning fraudulent accounting by Hae Won Steel Tech, International Construction, etc.
- Damages concerning H&T stock manipulation
- Gloworks’ stock price manipulation case
- EXA E&C’s fraudulent accounting and stock price manipulation case
- Fraudulent accounting cases of Cecile, Tozai Holdings, MCTT Core, Daeyang Global, SeenTec, etc.
3. Other Major Litigation Cases
- Indemnification litigation concerning the assignment of shares in Aikang Remetech
- Damages in a fraud case concerning the acquisition of shares in Tiniatek
- Damages in connection with Gentech’s acquisition of Intercowel shares
- Korea Development Financing Corporation’s litigation seeking collection of investments against Jinro Co., Ltd., etc.
- Litigation concerning dispute over merger between Hanil Synthetic Fiber and Tongyang Major (KOSPI-listed): litigation seeking invalidation of merger and determination of share purchase price
