LIN NEWS
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LIN NewsLIN Professionals’ External Appointments for Q1 2025Recent external appointments of LIN’s professionals are as follows: Attorney Tae Eon Koo Appointed as a Steering Committee Member of the AI Innovation Committee of the Federation of Korean Industries Tae Eon Koo, an attorney at LIN, was appointed as a steering committee member of the AI Innovation Committee of the Federation of Korean Industries (FKI) on March 25, 2025. The AI Innovation Committee was established with the goal of identifying policies for the innovation and widespread adoption of AI technology. Amid the rapidly evolving global competition for AI leadership, the committee is tasked with collecting opinions from the domestic industry and conveying them to the National Assembly and government. Koo will contribute to the operation of five subcommittees, including Policy, Talent & Infrastructure, Governance & Standards, and Future Growth, in order to further enhance the committee’s initiatives for substantive institutional improvements, and will do his best to create an ecosystem where companies can actively utilize AI to bolster competitiveness across the industry as a whole. Attorney Young Hoon Kim Appointed as an Independent Director and Chairman of the Audit Committee at Hanmi Science Co., Ltd. On March 26, 2025, Young Hoon Kim, an attorney at LIN, was appointed as an Independent Director and Chairman of the Audit Committee of Hanmi Science Co., Ltd. As the holding company of Hanmi Pharmaceutical Group, Hanmi Science has enhanced the development potential of the Group based on the management philosophy of respecting human dignity and creating value, and has achieved continuous growth through collaborations with various global pharmaceutical companies. In addition, it has played an important role in supporting the Group's stable development of new drugs and expanding the Group’s strategic initiatives to become a truly global pharmaceutical company. As an independent director of Hanmi Science, Kim will work diligently during his term to help the company solidify its identity in new drug development and emerge as a global healthcare company. Attorney Eung Jun Jeon Appointed as a Member of the 2025 Working Group on Improving the AI Copyright System On March 19, 2025, Eung Jun Jeon, an attorney at LIN, was reappointed as a member of the 2025 Working Group on improving the AI Copyright System 2025 (March 19, 2025 to December 31, 2025). Over the past year, the Working Group has discussed various issues including the development of institutional improvements for using copyrighted works training data, whether and how to disclose AI-learned data, and the criteria for determining copyright infringement by AI outputs, all while striving to improve the relevant legal framework. Continuing his service from 2024, Jeon is dedicated to proactively developing institutional improvements that strike a balance between advancing the development of the AI industry and protecting creators' rights. Attorney Jong Sik Kim Appointed as an Independent Director of Asiana IDT Jong Sik Kim, an attorney at LIN, was appointed as an Independent Director of Asiana IDT on January 31, 2025. Asiana IDT is an IT services company that provides state-of-the-art IT solutions and services to help clients generate revenue and strengthen their competitiveness, leveraging its global network, differentiated technology, as well as top-tier professionals with accumulated project experience and know-how in various industries. As an Indipendent Director of Asiana IDT, Kim is committed to helping the company enhance its clients' business competitiveness with more differentiated technologies and services and contribute to creating a more convenient and prosperous society. Attorney Sung June Park Appointed as Legal Counsel to Korea Midland Power Co., Ltd. On January 6, 2025, Sung June Park, an attorney at LIN, was appointed as Legal Counsel to Korea Midland Power Co., Ltd. (KOMIPO) (January 24, 2025 to January 23, 2027). To deliver cleaner and healthier energy to the public, KOMIPO has upgraded its thermal power plants with world-class environmental equipment to operate safe facilities free from concerns about fine dust and environmental pollution, and has also taken the lead in promoting Korea's energy transition through the continuous development of various renewable energy sources. As Legal Counsel to KOMIPO, Park will leverage his expertise to help the company build upon its know-how and experience at the forefront of the energy industry, driven by innovative planning and a spirit of challenge, while continuing to a more prosperous and healthier life for the public. Attorney Seok Lee Appointed to the Steering Committee of the Gyeonggi-do Carbon Neutrality Support Center On March 25, 2025, Seok Lee, an attorney at LIN, was appointed as a member of the Gyeonggi-do Carbon Neutrality Support Center Steering Committee (January 1, 2025 to December 31, 2026). The Steering Committee was established to deliberate on matters necessary for the management and operation of the Center in accordance with the “Guidelines for Designation and Operation of Carbon Neutrality Support Center” and to discuss efficient operational measures. Gyeonggi-do operates the Carbon Neutrality Support Center to build a foundation for carbon neutrality with the goal of reducing carbon emissions by 40% from 2018 levels by 2030, and to support cooperation with the national and local governments for the efficient execution of its annual business plans. As a member of the steering committee, Lee will deliberate on the efficient management and operational strategies for the center to promote Gyeonggi-do's carbon neutrality and green growth initiatives, and will review the progress of the annual business plan and seek ways to improve it to the best of his ability. Chang Hwan Shin, US Attorney, Appointed to the Board of Directors of the Korea Copyright Protection Agency Chang Hwan Shin, a U.S. attorney at LIN, was appointed to the Board of Directors of the Korea Copyright Protection Agency (KCOPA) on February 4, 2025. The KCOPA was established to support the formulation and enforcement of copyright protection policies, deliberate on matters related to copyright protection, and conduct projects necessary for copyright protection, thereby contributing to the enhancement and development of culture and related industries. As a director of the KCOPA, Shin will do his best to help the organization grow into a global organization specializing in copyright protection that builds a safe foundation for the cultural industry by fostering a healthy ecosystem and more firmly upholding the value of creativity. Advisor Se Yong Um, Appointed as a member of the National Assembly Legislative Support Committee (Political Affairs Division) On February 25, 2025, Se Yong Um, an advisor at LIN, was appointed as a member of the National Assembly's Legislative Support Committee, where he will serve in the Political Affairs Division for two years, focusing on the Capital Markets Act. The National Assembly Legislative Support Committee, composed of 166 members, provides legislative advice to lawmakers on matters, including drafting bills and reviewing administrative legislation. Having previously served as a member of the Capital Markets Act Enactment Task Force under the former Ministry of Finance and Economy and as a member of the National Assembly Legislative Support Committee (Finance and Economy Division), Dr. Um has been reappointed to the Committee (Political Affairs Division) and will provide key advisory services on the legislative process for capital markets. Kwang Min Nam, CPA, Appointed as Chairman of the Audit Committee of Independent Directors of Hwaseung Industries, a KOSPI-listed Company On March 25, 2025, Kwang Min Nam, a CPA at LIN, was appointed as Chairman of the Audit Committee of Independent Directors of Hwaseung Industries, a company listed on the KOSPI market. As a representative company of Hwaseung Group's sports fashion ODM and fine chemical businesses, Hwaseung Industries has enhanced the future value of human life based on its top-tier quality competitiveness and continuous innovation. Nam is committed to enhancing the rights and interests of shareholders by ensuring the company maximizes its group’s value through transparent and rational management. In addition, he will continue to work diligently to help the company continue to innovate and become a trusted company that realizes future value.2025.07.03
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Recruitment PersonnelNew RecruitmentsWe are pleased to welcome Beom Jin Park (Partner), Chae Yun Kim (Partner), and Woohyuk Sky Ju (Foreign Legal Consultant (US)) as new members of our Firm. 1. Beom Jin Park, Partner - Korea University, B.A. in Economics - University of Michigan Ann Arbor, Ross School of Business, M.B.A. - Chungnam National University, School of Law, J.D. - Bar Examination (4th) - Seoul National University, Center for Financial Law Former) Samsung Corning Corporation Former) Citibank Korea, Card Division Former) Coca-Cola Business Solution Inc. Former) Shinhan Bank, Business Planning Team / Shinhan Financial Group, Future Strategy Research Center Former) Lim, Chung & Suh Former) Jehyun, Partner Former) E-UM Private Equity, Compliance Officer Current) Lin Mr. Park joined Samsung Group in 1999 and worked at Samsung Corning Co., Ltd., handling HR, strategic planning, and tasks related to Corning Incorporated in the United States. In 2004, he moved to the U.S. and obtained a Master of Business Administration (MBA) from the University of Michigan Ann Arbor, one of the top 10 business schools in the country. During his MBA program, he completed industry-academia cooperation projects and internships at Coca-Cola Business Solution Inc. and Citibank (Card Business) in the United States, transitioning his career into the financial sector. In 2006, he worked in the Business Planning Team at Shinhan Bank and the Future Strategy Research Center of Shinhan Financial Group. During his tenure at Shinhan Bank, he was involved in consulting projects aimed at developing strategies for banks and financial holding companies in response to the global financial crisis in 2008 and the implementation of the Capital Market Consolidation Act in 2009. He handled important tasks such as formulating strategies for long-term growth of the bank and initiatives for green banking. He also co-authored reports with the Financial Supervisory Service for publication. After pursuing graduate studies in law to deepen his understanding and expertise in financial regulation and legal matters, Mr. Park was admitted to the Korean Bar in 2015. Starting his career at Lim, Chung & Suh, he gained experience in various civil litigation cases, including claims for damages against investment management companies. In the same year, he moved to Jehyun, a law firm, specializing in finance and transactions, where he worked until 2023. During this period, he served clients such as banks, financial investment companies, asset management companies, specialized credit finance companies, savings banks, and public power companies, providing legal advice on domestic and international real estate project financing, renewable energy project financing, asset securitization, syndication, distressed debt acquisition financing, as well as legal advice on fundraising and various development projects, corporate governance, and related litigation. At Lin, Mr. Park plans to leverage his diverse experience and unique strengths to primarily engage in transaction advisory services such as project finance and structured finance in real estate and development projects. 2. Chae Yun Kim, Partner - Seoul National University, Graduate School of Anthropology - Bar Examination (41st) - Judicial Training Institute (31st) - Northwestern University, School of Law, LL.M. Former) Head of Legal Department, KB Kookmin Bank Current) Lin Ms. Kim started her legal career as an in-house counsel at KB Kookmin Bank and served as team head of legal team, general manager of legal department, and head of legal division for 21 years. There, she worked on various legal advisory and litigation matters for the bank and its affiliates, including regulatory law issues, financial transactions, internal control, consumer protection, and domestic and international litigations. Ms. Kim also assisted in reviewing issues related to virtual asset transactions and establishing internal control procedures. Additionally, for several years, Ms. Kim supported the board of directors and management in decision-making by advising on various cases and issues arising from internal corporate governance, HR, labor, and corporate law. Ms. Kim also handled disputes between companies and various stakeholders, including shareholders, creditors, and customers, and provided creative solutions to minimize losses. At Lin, based on her broad knowledge and integrated practical experience, Ms. Kim will demonstrate a high level of expertise in corporate legal advisory, financial, and wealth management fields. 3. Woohyuk Sky Ju, Foreign Legal Consultant (US) - Chief Financial Officer Academy (CFO Strategy Course) at Seoul National University, 23rd Class - Korea Military Academy, Batch 61 - Military History - Bachelor of Business Administration, Korea Educational Development Institute - Texas Southern University, J.D. (Thurgood Marshall School of Law, Juris Doctor) Former) U.S. Attorney / Head of International Business Team at Law Firm Hanjoong Current) Mentoring and networking expert advisor for Startup Leapfrog Package, Gyeonggi Center for Creative Economy & Innovation Current) Expert advisor on international contracts/claims at the Korea International Trade Association Current) Advisor in the field of technology/management at the Gyeonggi Center for Creative Economy & Innovation (Advisory Committee Member) Current) Export consulting expert, Korea Agro-Fisheries & Food Trade Corporation Current) Lin Mr. Ju was the head of the International Business Team of Law Firm Hanjoong and has been practicing in the cross-border sector for about 14 years, primarily in the areas of international trade and immigration (immigration/visa for individuals and companies). He is currently an advisor in charge of international contracts/claims at the Korea International Trade Association (KITA), where he advises on trade disputes, and an expert in charge of corporate export consulting at Korea Agro-Fisheries & Food Trade Corporation. In particular, as part of a legal support project for startups, he has recently been providing preventive legal support for the establishment and operation of overseas subsidiaries, joint ventures, crowdfunding, foreign exchange transactions, international contracts, and import/export trade for a number of promising companies as an expert in the field of technology/management and as an advisor to the Gyeonggi Center for Creative Economy & Innovation in Pangyo Techno Valley. He is also an immigration (immigration/visa) expert who is familiar with entry & exit and waiver (non-immigration & immigration) application procedures in the field of immigration & international law for a client who has a record such as criminal violation, illegal immigration, smuggling, and false reporting/perjury, etc. At Lin, Mr. Ju plans to leverage his practical skills and experience to effectively utilize the rich international network of Lin’s international legal team, creating synergies. 4. New Associates We are pleased to announce the addition of Ho Jun Shin (7th Bar Examination), Yuna Kim (9th Bar Examination), Jin Hwan Seong (9th Bar Examination), Sang Hoon Lee (9th Bar Examination), Hyeonjun Choi (9th Bar Examination), Sun-A Yoon (U.S. Attorney, Washington, D.C.), and Han A Ryu (Australian Attorney) to meet the growing demand of our clients. Going forward, Lin promises to continuously recruit verified talents in various fields to ensure customer satisfaction.2024.01.31
LIN Partners with Arcterra to Target Data Compliance Market
LIN has signed a Memorandum of Understanding (MOU) with Arcterra, a multi-cloud data management specialist, to strengthen data compliance and governance. Through this partnership, the two companies plan to jointly develop and provide an ‘integrated legal advisory-information management solution’ to corporate clients in various industries, including the financial sector.
LIN’s managing partner Jin Seok Lim said that through this collaboration, LIN and Arcterra will engage in joint consulting and build best practice models, which will enable domestic companies to effectively respond to complex regulatory environments.
Pete Murray, General Manager for Arcterra APAC, emphasized that this MOU is Arcterra’s first such partnership in the Asia Pacific region. He explained that by combining LIN’s legal risk diagnosis with Arcterra’s technical solutions, they can deliver a customized, integrated solution to each company.
Arcterra is a global leader in data management, used by over 80,000 enterprises worldwide, including 87% of the Fortune 500 companies. The company provides a range of solutions such as data protection and recovery, and support for system stability.
For more details, please refer to the original article below. Thank you.
Maekyung Economy
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https://n.news.naver.com/article/024/0000096564
LIN Honoured with ‘Best House’ Award for M&A Legal Advisory at the 3rd Dealsite IB Awards
LIN won the Best House Award (Dealsite CEO Award) in the M&A Legal Advisory category at the 3rd Dealsite IB Awards held at the Conrad Hotel in Yeouido, Seoul on the 23rd of January.
This year's IB Awards, hosted by Dealsite, a media outlet specializing in capital markets, evaluates the advisory performance of domestic and foreign IBs, law firms, and accounting firms based on a year’s worth of data across IPOs, paid-in capital increase, debt capital markets (DCM), and M&A. LIN was selected as the winner of the Best House Award (Dealsite CEO Award) after its advisory deal value more than doubled compared to the previous year.
LIN ranked 8th for M&A legal advisory by deal value in the '2024 Dealsite Capital Market League Table.' This represents a significant five-place jump in just one year, up from 13th place in 2023. The firm’s deal volume grew from 8 deals in 2023 to 17 in 2024 with the total deal value increasing from KRW 307.4 billion to KRW 702.9 billion.
LIN has carried out two large-scale deals worth over KRW 100 billion each:
Advising the acquirer, New Power Plasma, in its KRW 179.8 billion acquisition of a controlling stake in Dowooinsys, which was completed in early 2024
Advising the seller in Goodai Global's KRW 149.9 billion acquisition of TIRTIR
LIN also provided legal advice on significant M&A deals, including:
Atlas Copco’s acquisition of Presys (KRW 55.3 billion)
The Equity Investment in Dowooinsys by Yuam Kozelkova No. 1 Private Equity Investment Partnership and MG Sobujang Invest Associaiton No. 5 (KRW 48.7 billion)
Corning Hungarian Data Services’ acquisition of NanoProtect (KRW 39 billion)
The acquisition of a smart factory logistics solution company Jenix by AKK Robotech Value Up New Technology Investment Association (KRW 20 billion)
The acquisition of Yoon Design Group (KRW 15.5 billion)
The incorporation of KonaM as a wholly owned subsidiary (KRW 38.3 billion)
In addition, LIN also advised on numerous other M&A deals, including:
The acquisition of Hajin by Seoul Fragrance, a fragrance manufacturer (KRW 4.7 billion)
The acquisition of Cocospack, a cosmetics container manufacturer, involving Nokwon C&I and other parties (KRW 35 billion)
The acquisition of Vinau, a cosmetics company, by V1 Maverick No. 1 Private Equity Investment Partnership and V1 Time New Technology Investment Association No. 1 (KRW 15 billion)
These results are a testament to the capabilities of LIN’s M&A team. Leveraging its extensive experience across various industries, the team will continue to provide clients with optimal, customized solutions for all M&A matters, including equity acquisitions and investments, business and asset transfers, mergers, and spinoffs.
For more details, please refer to the original article below. Thank you.
Dealsite Co., Ltd.
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https://dealsite.co.kr/articles/135545
https://dealsite.co.kr/articles/135440
https://dealsite.co.kr/articles/135534
[Hankyung LAW&BIZ] LIN Posts Over 20% Growth for Fifth Consecutive Year
2024 Revenue Surpasses KRW 37.3 billion, Marking 24% Year-Over-Year Growth
Fueled by Key Hires such as Jai Yun LIM, Sang Man KIM, Ki Rok CHOI, and Hae Kyung SUNG
LIN (Managing Partner Jin Seok Lim) recorded revenue of KRW 37.3 billion in 2024, a 26% increase from the previous year. This figure significantly outpaces the average growth rate (10%) of major domestic law firms, and has further strengthened its standing in the industry by maintaining a growth rate of over 20% for five consecutive years.
Last year, LIN gained prominence for successfully handling major cases such as the ‘Constitutional Court case on the reserved inheritance portion system,’ the ‘TMON-WeMakePrice case,’ and the ‘Kakao Entertainment stock price manipulation allegation case,’ and further solidified its expertise as a full-service law firm by recruiting 42 experts across various fields including capital markets, finance, antitrust, and M&A.
LIN's revenue has grown rapidly, increasing from KRW 14.8 billion in 2020 to KRW 37.3 billion in 2024, and the number of experts has increased 14-fold from 11 in 2017 to approximately 150 today. LIN is preparing to incorporate as a limited liability company for continued growth and is focused on strengthening its global competitiveness.
Attorney Jongsik Kim (37th class), head of LIN’s Public Relations, said, “We will continue our rapid growth this year through continuous innovation and customer-centered legal services.” He added, “We will establish LIN as a full-service law firm that is competitive not only in the domestic market but also on the global stage.”
Hankyung LAW&BIZ
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https://www.hankyung.com/article/202503040345i
