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| SPRING 2010 |
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| M&A Team Advises Samsung Electronics on its KRW 504.1 Billion Merger with Samsung Digital Imaging |
| Yulchon's M&A Team advised Samsung Electronics Co., Ltd. on its merger with Samsung Digital Imaging Co., Ltd. The deal closed on April 1, 2010 and is valued at KRW 504.1 billion (approximately USD 445 million). In addition to providing legal counsel on the merger itself, Yulchon also advised Samsung Electronics on the filing of business combination reports with American, European, and Chinese competition authorities. |
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| Through this merger, Samsung Electronics obtained digital technology that is expected to create synergy with Samsung Electronics' existing business segments, such as TV and computers, and strengthen the company's position in the global digital imaging industry. |
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| Yulchon partners Sung Wook Eun and Kyoung Yeon Kim, senior foreign counsel Kwon Do Kang, and associate Young Eun Song handled the M&A work while partner Sai Ree Yun, associates Kyu Hyun Kim and Seung Jae Lee, and foreign attorney Sang Wook Han of Yulchon's Antitrust Team handled the business combination reports. |
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| M&A Team Advises Hi Mart Co., Ltd. on the Issuance of KRW 300 Billion in Convertible Preferred Shares and the Attraction of KRW 100 Billion in Investment Through Subordinated Loans |
| Yulchon's M&A Team advised Hi Mart Co., Ltd., an affiliate of the Yujin Group, on a complex deal involving two inter-related measures: Hi Mart's issuance of approximately KRW 300 billion (about USD 265.5 million) in convertible preferred shares to private equity funds and financial institutions, including Nonghyup and Shinhan Bank; and Hi-Mart's efforts to simultaneously attract investment from Nonghyup and Shinhan Bank in the form of subordinated debt worth approximately KRW 100 Billion
(about USD 88.5 million). Yulchon successfully completed the deal on January 15, 2010. With this investment, Hi Mart improved its financial structure by reducing its debt ratio and laid the groundwork for a smooth IPO. Yulchon was responsible for every step in this complex deal from the execution of the MOU to the close of the deal. |
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| This deal was handled by partners Hee Chul Kang and Sung Wook Eun and associates Won Il Sohn, Kyu Sang Hwang, and Young Eun Song of Yulchon's M&A Team, partner Ji Woong Lim and associate Jae Hyun Ko of Yulchon's Finance Team, and senior C.P.A. Sang Woo Song and C.P.A. Jin Soo Soh of Yulchon's Tax Group. |
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| M&A Team Advises Samsung Electronics on the KRW 185.6 Billion Transfer of its Image Security Segment to Samsung Techwin |
| Yulchon's M&A Team advised Samsung Electronics Co., Ltd. on the sale of its image security business to Samsung Techwin Co., Ltd. The deal closed on January 1, 2010 at a purchase price of KRW 185.6 billion (approximately USD 165 million). |
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| In addition to providing legal counsel on the business transfer, Yulchon also advised Samsung Techwin on the filing of business combination reports with American, European, and Chinese competition authorities. |
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| Through this deal, the Samsung Group enhanced its global competitiveness by consolidating its image security businesses, while Samsung Techwin became the third-largest image security company in the world. |
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| Yulchon partners Sung Wook Eun and Won Il Sohn and senior foreign counsel Kwon Do Kang handled the business transfer. Partner Sai Ree Yun, senior foreign counsel Robert Wachter, associates Kyu Hyun Kim and In Seon Choi, and foreign attorney Alexa Oh of Yulchon's Antitrust Team handled the business combination reports. |
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| M&A Team Advises Korea Flange Co., Ltd. on the Establishment of a KRW 67 Billion Joint Venture with Japan's NTN Corporation |
| Yulchon's M&A Team represented Korea Flange Co., Ltd. (KOFCO) on a joint venture with NTN Corporation, which is a Japanese bearing manufacturer. The resulting company, Seohan-NTN Bearing Co. Ltd., will manufacture wind bearings in Korea. The transaction, valued at KRW 67 billion (approximately USD 60 million), closed on January 27, 2010. Yulchon advised on the establishment of the joint venture as well as the filing of the business combination report with the Korea Fair Trade Commission.
This deal was handled by partner Sung Wook Eun and associate Yoon Young Hwang of Yulchon's M&A Team and associate Hee Sung Jo and senior consultant Gi Ok Chang of Yulchon's Antitrust Team. |
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| M&A Team Advises Shinsegae I&C on the KRW 12.6 Billion Transfer of its Internet Shopping Mall to Shinsegae |
| The M&A team at Yulchon advised Shinsegae I&C Co., Ltd. on the sale of its internet shopping mall business to Shinsegae Co., Ltd. The deal, valued at KRW 12.6 billion (approximately USD 11 million), closed on March 31, 2010. Through this deal Shinsegae I&C Co., Ltd. improved its business structure and secured future financial resources thanks to the influx of cash generated from the sale. |
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| The deal was carried out by partners Sung Wook Eun and Won Il Sohn, associate Jung Yeon Kwak from of Yulchon's M&A Team, and accountant Duk Won Suh and senior tax attorney Jong Bong Kim from of Yulchon's Tax Team. |
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| Finance Team Advises Shinhan Bank and Sinokor Merchant Marine on Ship Financing Deal for KRW 17.54 Billion |
| Yulchon's Finance Team represented Shinhan Bank, Sinokor Merchant Marine, and Sinokor Maritime on this ship financing deal for a used oil tanker, valued at KRW 17.54 billion (approximately USD 15 million). The deal is significant in that it was made at a time of depressed global ship financing and had to be closed in just one week. The U.A.E.'s state-run petroleum company substantially owned the ship, and our clients were concerned about losing the opportunity to purchase it at
the agreed price unless the deal was closed promptly. Yulchon finished the entire process within the one-week time frame. |
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| The firm was responsible for establishing the structure of the ship financing, drafting the contracts, negotiating, transferring the funds, and physically transferring the ship. The deal was complicated by the fact that Yulchon had to coordinate with parties from various countries including Korea, the U.A.E., the Marshal Islands, Liberia, the U.K., the U.S., Singapore, and Brunei while maintaining the tight schedule. All of the parties anticipated that it would be difficult to
complete the transaction within just one week, but Yulchon structured the deal rapidly and worked around the clock to close it. The firm even planned for contingencies related to the physical transfer of the ship. |
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| This deal was led by senior foreign counsel Christopher Cho of Yulchon's Finance Team and handled by associates Do Kyung Kim and Jiwon Park as well as foreign attorney Ujin Ahn. |
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| Finance Team Advises Jeju Air on Airplane Lease Deal |
| Yulchon's Finance Team represented Jeju Air in a deal to lease a Boeing commercial airplane. Yulchon advised on all aspects of the deal, from preparation of the lease agreement and report of foreign exchange to tax issues. Due to Jeju Air's tight flight schedule, the airline relied on Yulchon to arrange transfer of the aircraft within one week from the start of contract negotiations. |
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| Yulchon is one of the few Korean firms capable of handling aircraft financing and is strengthening its presence in the market. The firm has now advised Jeju Air on the acquisition of all five of its Boeing airliners. The new airplane is expected to fly the international route to Japan. |
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| Senior foreign counsel Christopher Cho led the deal, and associates Do Kyung Kim and Jiwon Park, foreign attorney Ujin Ahn, Senior C.P.A. Sang Woo Song and C.P.A. Min Woo Song advised on the deal. |
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| Fund Team Advises Liechtenstein Royal Family-controlled LGT Bank on the Registration of an Offshore Fund with the FSS |
| Yulchon's Fund Team acted for LGT Bank in Liechtenstein (Cayman) Limited, a fund manager, and successfully registered with the Financial Supervisory Services ("FSS") an offshore fund called Crown Alternative Investments SPC (the "Fund") established in the Cayman Islands |
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| This deal is significant in that the Fund is one of the few offshore funds registered with the FSS so far and has the most complex structure amongst them. In particular, the Fund has a three-level SPC structure in which the interests in the Fund are issued in series, and the end-investments are made in derivatives products selected by various trading advisors. With the registration of the Fund, LGT Bank is now free to offer or sell the interests in the Fund to professional investors
in Korea. |
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| Yulchon, through close consultation with the FSS, explained this complex structure of the Fund to the FSS and provided satisfactory responses to the FSS's questions, enabling the successful completion of the registration. |
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| Partners Tong Chan Shin and Sung Hoo Park, associate Gun Kim as well as foreign attorney Vicky Kim acted on this deal. |
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| Litigation Group's Supreme Court Victory in a Landmark Case brings about a Change in How Contracts with Government Agencies are to be Interpreted |
| Yulchon's Litigation Group successfully represented DOPCO before the Korean Supreme Court in a series of suits filed by the Korea Highway Corporation. |
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| DOPCO and the Korea Highway Corporation entered into an agreement in 1991 that governed, among other things, the allocation of costs associated with transferring oil pipelines due to the extension of national highways. Under the terms of the agreement, DOPCO was to bear such costs. In 2002 and 2003, three lawsuits based on the contract were filed. |
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| A fundamental issue in each of the lawsuits was the question of whether the agreement is still valid. The Korea Highway Corporation's claims were based on the assumption that the 1991 agreement was governed by private law. Yulchon contended that the agreement was based on public law and, under the principles of public law, the agreement became null and void when the Enforcement Regulation of the Road Act was amended. |
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| After eight years of litigation, the Supreme Court sided with Yulchon's attorneys and ruled that an agreement between an administrative office and a private person should be governed by public law. Until this ruling, such agreements had been governed by private law. As a result, the Supreme Court dismissed the Korea Highway Corporation's appeal on March 11, 2010. |
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| Partner Soon Moo Soh directed the case from the filing of the suit to the Supreme Court's final ruling, of-counsels Seong Taek Shin and Dae Hwan Kim and partner Hae Sik Park provided useful ideas, associate Nam Ho Kim and partner Young Joon Chun handled the case, and professor Jung Hoon Park of Seoul National University provided legal advice from the academic perspective. |
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| Intellectual Property Group Successfully Defends LG Electronics in a Design Right Infringement Case |
| Yulchon's Intellectual Property group successfully defended LG Electronics in a design right infringement case. Plaintiff, a packaging design and manufacturing company, filed an action against LG Electronics in the Seoul Central Court, claiming that LG's packaging for its Shine mobile phone infringed plaintiff's registered design right. Plaintiff sought an injunction and damages. Yulchon's attorneys effectively demonstrated the aesthetic difference between the two companies' packaging designs
and the trial court found for LG Electronics. On appeal, the Seoul High Court affirmed the judgment for LG. |
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| This lawsuit was handled by partners Young Hill Liew and Cheol Hwan Kim and associate Eun Jin Kim of Yulchon's Intellectual Property Group. |
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| Tax Law Trends in the United States and Korea that Professional Golfers Must Know |
| Yulchon's Tax Group and Caplin & Drysdale, a U.S. law firm specializing in tax law, held a seminar, which was formally sponsored by Korea Professional Golfers' Association, entitled "Tax Law Trends in the United States and Korea that Professional Golfers Must Know" on March 4, 2010 at the Grand InterContinental Hotel in Seoul. |
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| At the conference, tax experts from Yulchon and Caplin & Drysdale spoke on key legal issues that arise when professional golfers enter into overseas markets, including key points in preparation of an agreement, compulsory provisions, and things to be aware of with respect to U.S tax law. They provided in-depth analysis of the above topics and explained complicated legal issues. |
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| Lucy S. Lee, the featured speaker from Caplin & Drysdale gave a presentation on legal obligations that professional golfers must comply with under the tax laws in Korea and the U.S., recent trends in the U.S. Internal Revenue Service regarding treatment of foreign athletes, as well as effective ways to reduce tax payments. |
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| Associate Nam Kyu Kang from Yulchon gave a presentation entitled "International Tax Services in Korea and Administration of National Tax Service." He used the example of Chan Ho Park, a major league baseball player, to illustrate the international tax issues that Korean athletes may face when working abroad. The 40 attendees also received advice on how to respond to such tax issues. |
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| Recent Developments in Customs Law and Administration in Korea, China, the U.S. and Japan |
| Yulchon, in association with the Korea International Trade Association and Baker & McKenzie, a top-tier global law firm, held a seminar for about 100 attendees entitled "Recent Developments in Customs Law and Administration in Korea, China, the U.S. and Japan," on March 25 at the Trade Tower in the Korea World Trade Center. It was the first-ever global conference on this subject in Korea. |
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| At the conference, customs experts from Baker & McKenzie and Yulchon gave presentations on recent developments in customs law and administration of Korea's major trading partners, particularly changes resulting from the recent global financial crisis. |
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The attendees learned how to identify and avoid common risks in customs-related business processes and received practical advice on strategies to effectively cope with customs audits. Yulchon's customs attorney Un Sang Jung, partner Kwang Jin Jung, and foreign attorney Joseph Hong spoke at the seminar as panelists. Senior foreign counsel Soo Jeong Ahn served as a moderator.
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| 1 Apr 2010 - Yulchon Selected by Asian Legal Business as a Leading Tax Firm in Asia |
Yulchon has been selected by ALB as a leading tax firm in Asia. Yulchon's tax practice was among those featured in ALB's special report, "Leading Tax Firms: Asia," which appeared in the March 2010 issue. In its inaugural guide to Asia's leading tax practices, ALB asked in-house legal counsel, tax advisors, industry specialists, and private practice lawyers to nominate Asia's leading tax law firms and lawyers based on industry reputation and performance. Their response
was the basis for the ALB designation.
To read the article, click here. |
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| 31 Mar 2010 - ALB Employer of Choice 2010 |
Yulchon has once again been selected as an ALB Employer of Choice.
To read the article, click here. |
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| 23 Mar 2010 - Five Yulchon Attorneys Named to the Korean Bar's Foreign Lawyers Judicial Reform Advisory Committee |
Yulchon lawyers Robert Wachter, Joseph Hong, David Linton, Moritz Winkler, and Hwajoon Lee were among 30 foreign attorneys who have been appointed to the Korean Bar Association's Foreign Lawyers Judicial Reform Advisory Committee. The committee is to advise the KBA on how foreign jurisdictions handle court recording, the publication of judgments, and the use of technology in courts.
Click here to read an ALB article on the establishment of the committee. |
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| 22 Mar 2010 - Yulchon Receives a Tier 1 Ranking in International Tax Review's Global Tax Transactional Survey |
| Yulchon has received a Tier 1 ranking from the International Tax Review. The magazine asked its readers, mostly tax executives from multinational companies, tax officials, and advisers, to rank firms in 46 jurisdictions on their tax transactional advice. Advisers could not vote for their own firms. The results were published in International Tax Review's March 2010 cover story. |
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| In Korea, Yulchon shared the top tier with Samil PriceWaterhouseCooper, an accounting firm. No other law firm was ranked in the top tier. The result further cements Yulchon's reputation for having the top tax practice in Korea. |
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| 12 Mar 2010 - Yulchon Wins Asian-Counsel 2009 Deal of the Year |
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Yulchon received an Asian-Counsel 2009 Deal of the Year award for its work on Delphi Group's global restructuring. Yulchon's Finance Team advised Delphi's lenders on Korean law matters in connection with the stock sale and acquisition of five Korean companies to entities designated by the lenders, and the sale of a steering business of Korea Delphi Corporation to a General Motors Korea entity. |
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| This restructuring transaction was successfully completed within approximately one month, a very short time period given the magnitude and complexity of the matter. Asian-Counsel also recognized Yulchon's work on the KT-KTF merger (resulting in a telecommunications giant with US$17 billion in assets) as an Honorable Mention Deal of the Year. |
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| Asian-Counsel, a monthly magazine addressing the concerns of in-house lawyers across Asia, provides analysis of vital legal, regulatory and business issues, along with news and profiles of leading in-house practitioners. Winning deals were selected out of more than 500 deals because of their size, complexity, uniqueness or a combination of these characteristics, while deals which did not make the final cut were awarded "Honorable Mentions" for their overall excellence. |
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| 24 Feb 2010 - Corporate Counsel Features Yulchon Partners' Commentary on Investment in Korea |
Yulchon partners Hee Chul Kang and Robert Wachter co-authored an essay on foreign direct investment in Korea that was featured in the March 2010 issue of Corporate Counsel magazine. The authors comment on a number legal changes in Korea that have contributed to a steadily improving climate for FDI there, and offer guidance on potential challenges as well.
Click here to view the essay. |
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| 2 Feb 2010 - Yulchon Donates KRW 22 Million to Haitian Earthquake Relief |
| Yulchon donated KRW 22 million to aid Haitian earthquake relief efforts through the Seoul Bar Association. The firm matched, one-for-one, Yulchon professional and staff donations of KRW 11 million. The combined contribution was the largest donation from any Korean law firm. The Seoul Bar Association delivered the funds provided by Yulchon and other firms on January 27 to Good Neighbors, a Seoul-based international humanitarian relief organization. Attorney Yong Sup Yoon was on
hand as a representative of Yulchon. |
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| 28 Dec 2009 - Yulchon Receives the 2009 National Competitiveness Award |
| Yulchon was the only law firm to receive a 2009 National Competitiveness Award from the Presidential Council on National Competitiveness and the Seoul Economic Daily. It was awarded on December 28, 2009 at the Seoul Lotte Hotel. |
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| The award was conferred at the Conference to Strengthen National Competitiveness, which was held for the first time this year. Companies that contributed to national competitiveness through creativity and innovative management were nominated. Twenty-nine companies, including BC Card, Hyundai Mobis, Industrial Bank of Korea (IBK), Korea Export Insurance Corporation (KEIC), SK Telecom and Yuhan Corporation were honored along with Yulchon at the awards ceremony. |
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| Yulchon's high overall score benefited from its phenomenal growth rate and its reputation as a reliable and trustworthy firm. |
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| Senior Foreign Attorney Robert B. Lee Joins Yulchon |
| Yulchon has strengthened its corporate and finance practice with the addition of senior foreign attorney Robert B. Lee to the firm's Corporate & Finance Group. Mr. Lee has a broad range of experience in mergers and acquisitions, joint ventures, and general corporate counseling. His practice encompasses complicated negotiated transactions, cross-border transactions, regulatory and compliance matters, and advising boards and senior executives. Prior to joining Yulchon,
he practiced for over 8 years at Loeb and Loeb in its Los Angeles office and over 12 years at Kim & Chang in Seoul, Korea. Mr. Lee received a B.A. from Cornell University and a J.D. from Fordham University School of Law. |
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| Senior Advisor Dae Dong Park Joins Yulchon |
| Dae Dong Park has extensive work experience in governmental agencies such as the Ministry of Finance, the Ministry of Finance and Economy, the Tax Tribunal, and the National Assembly. He has served as the Director of Supervisory & Policy Division 1 and as a Standing Member of the Financial Services Commission. In 2008 and 2009, Mr. Park was the President of the Korea Deposit Insurance Corporation. Mr. Park currently practices in the
finance area as a senior advisor at Yulchon. Mr. Park received his bachelor's degree from Seoul National University's Department of Economics in 1973 and passed the 22nd Senior Civil Service Examination in 1978. In 1976, he studied at the Graduate School of Public Administration, Pusan National University, and earned a master's degree in Public Policy and Political Science at the University of Wisconsin in 1994. |
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| Dr. Sung Tae Son Joins Yulchon as Senior Advisor |
| Dr. Sung Tae Son, a 28-year veteran of the Board of Audit Inspection (BAI), has joined Yulchon as a senior advisor. During his service with BAI, he was primarily in charge of audits on corporate management and finance, including special audits on the reorganization of public corporations, audits on public fund utilization, and audits on SOC construction projects. In 2003, Dr. Son became an auditor for the Industrial Bank of Korea, where he made significant contributions
to the improvement of the bank's electronic auditing system. He was also a visiting professor of Business at Sogang University and was seated as Chairman of the Board of Directors at the Institute for Future Cultural Development. Dr. Son received a bachelor degree from Seoul National University's Department of Engineering, an MBA from New York University's Stern School of Business, and a Ph.D. in Business from Sogang University's Graduate School of Business. |
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| Senior Advisor Jung Soo Kim Joins Yulchon |
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Before joining Yulchon, Mr. Kim served in a number of leadership roles at the Korea Stock Exchange, including Executive Director, Head of the Market Surveillance Division, Head of the Stock Watch Division, and Head of the General Affairs Division. Mr. Kim received both a B.A. and an M.A. from Yonsei University, and an LL.M. from the University of Pennsylvania.
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| Partner Tae Hak Chung Joins Yulchon |
| Mr. Tae Hak Chung has joined Yulchon's litigation group as a partner. His practice will include general civil and criminal litigation, as well as tax and administrative proceedings. Prior to joining Yulchon, he served as a judge for over 16 years, including service as a research judge for the Supreme Court of Korea. He has also headed election commissions in a number of electoral districts around Korea. Mr. Chung received his LL.B. from Seoul National University, and
in 2001 he studied U.S. intellectual property law at the University of Washington. |
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| Yulchon Welcomes Il Bong Moon back to the Firm |
| Yulchon Welcomes Il Bong
Moon back to the firm. Mr. Moon began his career as a judge in 1991 and first
joined Yulchon in 1999, staying until 2008. Mr. Moon practices primarily in the
areas of finance and general corporate law, including mergers and acquisitions.
Before joining Yulchon in 1999, he served as a judge at various courts,
including the Uijeongbu Branch and the Southern Branch of the Seoul District
Court, the Gunsan Branch of the Jeonju District Court, and the Seoul Central
District Court. Mr. Moon received his LL.B. and LL.M. from Seoul National
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| Senior Attorney Yu Chul Jung Joins Yulchon |
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Mr. Yu Chul Jung has
joined Yulchon's C&F Group as a senior attorney. Mr. Jung practices
primarily with the Defense & Public Contract Team. Before joining Yulchon,
Mr. Jung served as a judge advocate for 11 years, including stints at the Defense
Installations Agency (Head of Legal Affairs) and the Defense Procurement Agency
(Legal Affairs). Through this experience, he has gained extensive knowledge of government
contracts law and the Public Procurement Act. Mr. Jung received his LL.B. from
Yonsei University.
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| 15 Associates Join Yulchon |
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| Dai Won Chung |
| Seoul National University, Mechanical & Aerospace Engineering (2002); Theme Engineering Inc. (2002-2005); Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Dae Young Oh |
| Seoul National University, LL.B. and LL.M.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Hyo Yeon Park |
| Seoul National University College of Law, LL.B.; Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Ik Hyun Kim |
| Seoul National University, LL.B., LL.M.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Ji Suk Oh |
| Korea University, LL.B. (2007); Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Jin Wook Lee |
| Seoul National University, B.A.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Jung Pyo Seo |
| Korea National Police University (2004); Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Min Cheol Park |
| Sungkyunkwan University, LL.B.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Seung Min Lee |
| Seoul National University, LL.B., LL.M., and Ph.D.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Soo-Yeon Han |
| Seoul National University LL.B.; Judge Advocate, Korean Army; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Sung Youn Hong |
| Yonsei University, Law (2008); Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Tae Ho Lee |
| Seoul National University, LL.B. and LL.M.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Yeun Seok Choi |
| Seoul National University, LL.B.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Yong Whan Choi |
| Yonsei University, LL.B. and LL.M.; Judicial Research and Training Institute, Supreme Court of Korea (2007) |
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| Yun Hee Cho |
| Seoul National University (2004); Judicial Research and Training Institute, Supreme Court of Korea (2010) |
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| Tax Attorney Jeong Hun Lim Joins Yulchon |
| Jeong Hun Lim graduated from the National Tax College and is a licensed tax attorney. Mr. Lim built his career in many district tax offices and at the National Tax Service. He has joined Yulchon's tax team. |
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| Yulchon Senior Advisor Tae-Ik Chung Appointed as Chairman of the Board of Korea National Oil Corporation |
| Korea's Ministry of Finance and Strategy has appointed Yulchon senior advisor Tae-Ik Chung as the Chairman of the Board of Directors of the Korea National Oil Corporation, a publicly owned company. The appointment took effect on February 5, 2010, and Mr. Chung will remain a Yulchon Senior Advisor while playing an active part in developing Korea National Oil Corporation's business. |
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| Partner Soon Moo Soh Appointed as Chairman of the Tax Law Association |
| Yulchon partner Soon Moo Soh was appointed Chairman of the Tax Law Association at the association's general assembly on February 20, 2010. The Tax Law Association publishes the academic journal "Research on Tax Law" three times a year. Its 900 members include professors, lawyers, certified public accountants, tax accountants, and others. |
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| Dr. Soh was the head of taxation research at the Supreme Court of Korea and currently leads the Taxation Institute at the Seoul Bar Association. Dr. Soh has authored a number of publications on taxation including the popular textbook Tax Litigation, now in its 5th edition. |
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