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PROFESSIONALS
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Tong Soo Chung Senior Advisor
T. +82-2-3477-8695
F. +82-2-3477-8694
E. tschung@law-lin.com
Jung practiced at Yulchon for about 13 years, focusing on, inter alia, domestic and international project development and financing, banking, M&A, EPC, overseas expansion of Korean companies, trade, commerce, intellectual property rights, healthcare, and international arbitration. Starting as an associate at a US law firm, Whitman & Ransom, in 1984, he founded Chung & Lim, the predecessor of the current LimNexus , in 1986, where he handled various corporate advisory and litigation matters until the end of 1993. In early 1994, he was appointed by the Clinton administration as a senior official at the International Trade Administration of the Department of Commerce, where he served for seven years. In South Korea, he served as the head of Invest Korea for four years, starting in 2006, where he was responsible for attracting foreign companies.
Jung practiced at Yulchon for about 13 years, focusing on, inter alia, domestic and international project development and financing, banking, M&A, EPC, overseas expansion of Korean companies, trade, commerce, intellectual property rights, healthcare, and international arbitration. Starting as an associate at a US law firm, Whitman & Ransom, in 1984, he founded Chung & Lim, the predecessor of the current LimNexus , in 1986, where he handled various corporate advisory and litigation matters until the end of 1993. In early 1994, he was appointed by the Clinton administration as a senior official at the International Trade Administration of the Department of Commerce, where he served for seven years. In South Korea, he served as the head of Invest Korea for four years, starting in 2006, where he was responsible for attracting foreign companies.
Areas of Expertise
Profile
Experience
[major career]
• Past) Economic Analyst, The World Bank (1979)
• Past) Financial Analyst, Exxon Corporation (1980-1981)
• Past) Associate Attorney, Whitman & Ransom(1984-1986)
• Past) Founding Partner, Chung & Lim (currently, LimNexus) (1986-1993)
• Past) Deputy Assistant Secretary for Services and Financial Industries, International Trade Administration, U.S. Department of Commerce (1994-2001)
• Past) Head of Strategic Export Support, International Trade Administration, U.S. Department of Commerce
• Past) Director of Export Support Coordination, International Trade Administration, U.S. Department of Commerce
• Past) Auditor/Director/Senior Advisor, Maxon Telecom (2001-2004)
• Past) Head of KOTRA Invest KOREA (2006-2010)
• Past) U.S. Attorney/Advisor at Yulchon (2004-2006, 2010-2021)
• Current) Chairman, Blue Terra Capital (Bahamas) (October 2023-)
• Current) Chairman, Global Unity Holdings (2022-)
• Current) LIN
[Other Career]
• Past) Chairman of City of L.A. Task Force on Liquor Stores (1992) - Appointed by the Mayor after the L.A. riots
• Past) Commissioner of City of L.A. Fire and Police Pension System (1991-1993)
• Past) Board Member of Rebuild L.A., (1992-1993) - Appointed by the Mayor after the L.A. riots
• Past) Member of the Advisory Committee, Seoul Financial Center, Seoul, Korea (2003-2005)
• Past) Member of the Advisory Committee on Attracting Foreign Investment, Daegu Metropolitan Government (2004-2006)
• Past) Member of the Tax Development Review Committee (2006-2008) - Appointed by Deputy Prime Minister and Minister of Finance and Economy
• Past) Member of Jeju Special Self-Governing Province Support Working Committee (2009-2011) - Appointed by the Prime Minister
• Past) Member of the Strategic Planning Committee, Korea International Broadcasting Foundation (Arirang T.V.) (2009-2011)
• Past) Member of the New Growth Engine Investment Fund Management Committee, Korea Tech Exchange (2009-2011)
• Past) Outside Director, Lina Life Insurance (2012-2016)
• Past) Member of the Special Committee on International Exchange, Korean Bar Association (January 2014 – January 2016)
• Past) Member of Investment Promotion Advisory Group, Gyeonggi-do (2007-2013) - Chairman (2013-2019)
• Past) Member of the LINA 50+ Awards Committee (2017-2019)
• Past) Board Member, Lana Heyday Foundation (2017-2019)
• Past) Member, KOTRA SME Global Business Forum (2017-2019)
• Past) Outside Director, Korea National Mineral Resources Corporation (April 2014 – January 2020)
• Past) Arbitrator, Korean Commercial Arbitration Board (2003-2021)
• Past) Co-Chair of the Pharmaceutical Subcommittee, American Chamber of Commerce (2010-2021)
• Past) Special Director, Indian Chamber of Commerce (2018-2022)
• Past) Representative of Korea for Healthcare, OECD Business & Industry Advisory Council (2019-2021)
• Past) Outside Director, GW Vitek (2020- October 2023)
• Past) Member of the Sales Promotion Subcommittee, SR Development Committee (April 2022 - March 2023) - Sales Advisor, Management Policy Advisory Group (2021-2022)
• Current) Advisor, Global Public Procurement Institute (August 2020-)
• Current) Korean Investment Ambassador (May 2021)
• Current) Advisor to the Foreign Business Association (January 2023)
• Current) Advisor, Korea-Ukraine Economic Cooperation Association (Incorporated Association) (May 2023)
• Current) Advisor, Kotra Invest Korea (May 2023)
• Present) Advisor, Apex Group, Apex Korea (June 2024)
• Past) Economic Analyst, The World Bank (1979)
• Past) Financial Analyst, Exxon Corporation (1980-1981)
• Past) Associate Attorney, Whitman & Ransom(1984-1986)
• Past) Founding Partner, Chung & Lim (currently, LimNexus) (1986-1993)
• Past) Deputy Assistant Secretary for Services and Financial Industries, International Trade Administration, U.S. Department of Commerce (1994-2001)
• Past) Head of Strategic Export Support, International Trade Administration, U.S. Department of Commerce
• Past) Director of Export Support Coordination, International Trade Administration, U.S. Department of Commerce
• Past) Auditor/Director/Senior Advisor, Maxon Telecom (2001-2004)
• Past) Head of KOTRA Invest KOREA (2006-2010)
• Past) U.S. Attorney/Advisor at Yulchon (2004-2006, 2010-2021)
• Current) Chairman, Blue Terra Capital (Bahamas) (October 2023-)
• Current) Chairman, Global Unity Holdings (2022-)
• Current) LIN
[Other Career]
• Past) Chairman of City of L.A. Task Force on Liquor Stores (1992) - Appointed by the Mayor after the L.A. riots
• Past) Commissioner of City of L.A. Fire and Police Pension System (1991-1993)
• Past) Board Member of Rebuild L.A., (1992-1993) - Appointed by the Mayor after the L.A. riots
• Past) Member of the Advisory Committee, Seoul Financial Center, Seoul, Korea (2003-2005)
• Past) Member of the Advisory Committee on Attracting Foreign Investment, Daegu Metropolitan Government (2004-2006)
• Past) Member of the Tax Development Review Committee (2006-2008) - Appointed by Deputy Prime Minister and Minister of Finance and Economy
• Past) Member of Jeju Special Self-Governing Province Support Working Committee (2009-2011) - Appointed by the Prime Minister
• Past) Member of the Strategic Planning Committee, Korea International Broadcasting Foundation (Arirang T.V.) (2009-2011)
• Past) Member of the New Growth Engine Investment Fund Management Committee, Korea Tech Exchange (2009-2011)
• Past) Outside Director, Lina Life Insurance (2012-2016)
• Past) Member of the Special Committee on International Exchange, Korean Bar Association (January 2014 – January 2016)
• Past) Member of Investment Promotion Advisory Group, Gyeonggi-do (2007-2013) - Chairman (2013-2019)
• Past) Member of the LINA 50+ Awards Committee (2017-2019)
• Past) Board Member, Lana Heyday Foundation (2017-2019)
• Past) Member, KOTRA SME Global Business Forum (2017-2019)
• Past) Outside Director, Korea National Mineral Resources Corporation (April 2014 – January 2020)
• Past) Arbitrator, Korean Commercial Arbitration Board (2003-2021)
• Past) Co-Chair of the Pharmaceutical Subcommittee, American Chamber of Commerce (2010-2021)
• Past) Special Director, Indian Chamber of Commerce (2018-2022)
• Past) Representative of Korea for Healthcare, OECD Business & Industry Advisory Council (2019-2021)
• Past) Outside Director, GW Vitek (2020- October 2023)
• Past) Member of the Sales Promotion Subcommittee, SR Development Committee (April 2022 - March 2023) - Sales Advisor, Management Policy Advisory Group (2021-2022)
• Current) Advisor, Global Public Procurement Institute (August 2020-)
• Current) Korean Investment Ambassador (May 2021)
• Current) Advisor to the Foreign Business Association (January 2023)
• Current) Advisor, Korea-Ukraine Economic Cooperation Association (Incorporated Association) (May 2023)
• Current) Advisor, Kotra Invest Korea (May 2023)
• Present) Advisor, Apex Group, Apex Korea (June 2024)
[Other Career including work with U.S. NGOs]
• Past) Ran in the Democratic Party primary election for the California State Assembly (1991)
• Past) Korean American Coalition: Founding President (1983-1986) - Board Member (1987-1993) - Washington Chapter President (2000-2002)
• Current) United Service Organization (USO) Korea, member of the Advisory Board (2005-) Chairman of the Advisory Board (2013-2015)
• Current) Advisory Board Member, Korean Americans for Political Action, (2021-)
• Past) Korean American Coalition: Founding President (1983-1986) - Board Member (1987-1993) - Washington Chapter President (2000-2002)
• Current) United Service Organization (USO) Korea, member of the Advisory Board (2005-) Chairman of the Advisory Board (2013-2015)
• Current) Advisory Board Member, Korean Americans for Political Action, (2021-)
| Representative Matters |
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• Advised Samsung Electronics in patent litigations against Apple
• Advised a Korean private equity firm on its acquisition of a UK-listed company
• Advised a U.S. private equity firm on its acquisition of a Korea-listed company
• Advised a Korean power company on the construction of a combined cycle power plant in Myanmar
• Advised a Singapore-based semiconductor company on its expansion into a free economic zone in Yeongjong Island, including advising on various tax benefits and incentives offered by the Korean government
• Advised on, and prepared for litigation regarding the recovery of investments arising from a breach of contract between a Korean manufacturer of Covid test kits and a U.S. company
• Advised a U.S. tobacco company on the marketing of e-cigarettes in Korea
• Conducted international arbitrations as presiding arbitrator and arbitrator at the Korea Commercial Arbitration Board
• Advised a Korean private equity firm on its acquisition of a UK-listed company
• Advised a U.S. private equity firm on its acquisition of a Korea-listed company
• Advised a Korean power company on the construction of a combined cycle power plant in Myanmar
• Advised a Singapore-based semiconductor company on its expansion into a free economic zone in Yeongjong Island, including advising on various tax benefits and incentives offered by the Korean government
• Advised on, and prepared for litigation regarding the recovery of investments arising from a breach of contract between a Korean manufacturer of Covid test kits and a U.S. company
• Advised a U.S. tobacco company on the marketing of e-cigarettes in Korea
• Conducted international arbitrations as presiding arbitrator and arbitrator at the Korea Commercial Arbitration Board
| Activities |
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• Korean Prime Minister’s Award (1988)
• Honored Citizen of Seoul (2009)
• Honored Citizen of Seoul (2009)
Education
• B.A., Sociology, Harvard University, Magna Cum Laude (1977)
• Master of Public Administration (M.P.A.), Woodrow Wilson School of International Affairs, Princeton University (1980)
• J.D., UCLA School of Law (1984)
• National Policy Program, Seoul National University Graduate School of Public Administration (August 2006 – February 2007)
• Master of Public Administration (M.P.A.), Woodrow Wilson School of International Affairs, Princeton University (1980)
• J.D., UCLA School of Law (1984)
• National Policy Program, Seoul National University Graduate School of Public Administration (August 2006 – February 2007)
Qualifications
• Attorney at Law, California, U.S. (1984)
Publications/Thesis
• Assimilation of Korean College Students (1980)
• The Role of Lawyers in the American Executive Branch (2003)
• Why Study American Law, Citizens and Lawyers (2004)
• The In-House Counsel System in the United States, Citizens and Lawyers (2005)
• The Role of Lawyers in the American Executive Branch (2003)
• Why Study American Law, Citizens and Lawyers (2004)
• The In-House Counsel System in the United States, Citizens and Lawyers (2005)
Practice Areas
• Head of Corporate Advisory
• M&A & Private Equity
• Arbitration/International Arbitration
• Litigation
• Energy, Logistics & Infrastructure
• International Contracts & Transactions
• Construction, Real Estate
• Healthcare and Medical Care
• International Trade
• Intellectual Property Rights
• International Projects
• M&A & Private Equity
• Arbitration/International Arbitration
• Litigation
• Energy, Logistics & Infrastructure
• International Contracts & Transactions
• Construction, Real Estate
• Healthcare and Medical Care
• International Trade
• Intellectual Property Rights
• International Projects
Languages
• Korean
• English
• English
Insights
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| EXPERTISE |
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- Corporate (Corporate Governance)
- Listing & Listing Maintenance Advisory
- Finance・Insurance
- M&A・Private Equity
- Litigation (Civil and Criminal)
- Administrative Disputes and Litigation
- TMT・Data Security
- White Collar Defense and Investigations
- Tax
- GR
- Intellectual Property
- Entertainment・Sports
- Construction & Real Estate
- Insolvency & Restructuring
- Labor Law and Human Resources
- Serious Industrial Accidents
- Antitrust & Competition
- Product Liability・Certification・Recall
- Wealth Management
- Health Care
- Defense Industry
- Energy and Infrastructure
- Dealing with public sector audits
- Public Enterprises
- Registrations・Auctions
- International Practice
- Southeast Asia
- Latin America
- MEA
- Europe
- China
- Japan
- International Dispute Resolution
- International Transaction
- International Trade and Customs
- Overseas SOC Projects
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