YOON&YANG
Regulations on corporate groups or holding companies are what Korean corporate groups must always pay close attention to. Yoon & Yang’s Antitrust and Competition Practice advises clients on various issues concerning the interpretation and application of the complex legal regime and regulations related to conglomerates or holding companies, and represents clients in Korea Fair Trade Commission (KFTC) investigations and related litigation, based on in-depth legal knowledge and expertise as well as understanding of business needs.

Key Services

  • Advising clients on the interpretation of laws and regulations on various disclosure obligations, restrictions, and affiliate transactions related to corporate groups
  • Advising clients on the establishment, conversion, and operation of holding companies
  • Advising clients on the interpretation and application of various restrictions on affiliates of a holding company
  • Advising clients on optimal corporate governance, business structure designs, and improvement measures to ensure compliance with various regulations applicable to corporate groups or holding companies
  • Responding to the KFTC investigations and representing clients in the KFTC’s deliberation processes related to violations of regulations applicable to corporate groups and holding companies
  • Representing clients in administrative litigation challenging the KFTC dispositions related to corporate groups or holding companies

Representative Cases

  • Advised Hite Jinro Group regarding the Group’s failure to consolidate all of its affiliates
  • Advised Corporate Group H regarding affiliate consolidation/exclusion requirements and ways to improve corporate governance
  • Advised Corporate Group H on the scope of voting right restrictions and fund investment methods of its affiliated financial/insurance companies
  • Advised Corporate Group H on disclosure related to its financial transactions with an affiliated chemical company
  • Advised Home-Shopping Company H on conversion to a holding company
  • Advised Corporate Group L on corporate group designation
  • Advised Holding Company I on restricted activities
  • Advised Construction Company D on the restricted activities of a holding company