Corporate Governance 2026

SOUTH KOREA Trends and Developments

Trends and Developments Contributed by: Bo Hee Park, Minhyun Cho, Ian Kim and Jun Hee Kwon Jipyong LLC Jipyong LLC is a Korean law firm, headquartered in Seoul, specialising in litigation, arbitration, corporate law, mergers and acquisitions, international trans - actions, overseas investment, financial securities, PE, construction real estate, fair trade, labour law, bankruptcy restructuring, intellectual property rights, criminal law, taxation, constitutional law, public ad - ministration, insurance, maritime law, international ar - bitration and inheritance and domestic affairs. Since its establishment in 2000, Jipyong has grown along -

side its clients, evolving into a premier global law firm that upholds the values of quality service and pub - lic interest. With over 300 legal professionals spread across 12 offices in Korea, China, Russia, Hungary, Vietnam, Indonesia, Myanmar, Cambodia and Laos, Jipyong is known for having the largest number of overseas offices among Korean law firms. The firm also maintains international desks, enabling it to aid clients across further jurisdictions.

Authors

Bo Hee Park is a partner in the financial and corporate disputes practice group at Jipyong LLC. Her practice primarily focuses on complex commercial litigation, financial disputes, corporate governance, and

Ian Kim is a senior associate in the financial and corporate disputes practice group at Jipyong LLC. She specialises in complex commercial and financial litigation, with a focus on capital markets, bank guarantees and

corporate and securities law matters. She has advised both public and private companies across a wide range of industries in connection with general corporate matters, corporate governance and compliance. Known for her adept problem-solving skills, she approaches her clients’ challenges with a personal commitment to delivering effective solutions. Before joining Jipyong, Bo Hee served as a law clerk in the civil division of Seoul District Court and Seoul High Court.

liability arising from the sale of derivative-linked financial products. She also advises on and represents clients in disputes involving convertible bond (CB) transactions, as well as corporate governance and shareholder activism matters. She is a co-author of the Financial Consumer Protection Act Commentary and holds an LLB and JD from Seoul National University.

Jun Hee Kwon is a senior associate in the financial and corporate disputes practice group and the Corporate Control Dispute Center at Jipyong LLC. He specialises in high-stakes corporate governance

Minhyun Cho is a partner in the financial and corporate disputes practice group at Jipyong LLC. He focuses on financial litigation, capital markets disputes, shareholder activism and management control

and shareholder activism disputes, having handled some of Korea’s most significant control battles, including the KRW3 billion Hanmi Pharmaceutical Group case. He is a co-author of Corporate Control and Law Practice (2024), a definitive guide for practitioners in the field. Jun Hee holds a BA in Political Science and a JD from Seoul National University and previously served at the National Assembly Research Service.

disputes. A certified public accountant with prior experience at Samil PwC, he brings both legal and accounting perspectives to complex financial and corporate matters. He is a co-author of the Financial Consumer Protection Act Commentary and contributed to the publication of the Corporate Control Law Practice manual. He holds a BA in Business Administration, a JD and an EMBA from Seoul National University.

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