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Byung Min CHOI Attorney

Byung Min CHOI Attorney
Byung Min CHOI Attorney

Byung Min CHOIAttorney

T.+82-2-3703-1742 F.+82-2-737-9091/9092 E.byungmin.choi@kimchang.com

Areas of Expertise

Bio

Byung Min Choi is an attorney at Kim & Chang’s Mergers & Acquisitions and Insurance Practices. He practices primarily in mergers and acquisitions, private equity, foreign direct investment and insurance matters.

Mr. Choi has extensive experience in representing various corporations and private equity firms in a number of high-profile cross-border and domestic M&As. His experience and expertise in structuring, documenting, negotiating and executing complex M&A transactions have well served the needs of the firm’s clients, including top-tier buy-out private equity firms and various strategic investors.

Additionally, as a key member of the firm’s Insurance Practice, Mr. Choi has extensive experience in advising insurance companies on various matters, including establishment of an insurance company, M&A, license applications, regulatory compliance, and coverage disputes.

With wide-ranging experience in providing transactional, regulatory and investigation-related advice, Mr. Choi has also managed and coordinated complex corporate disputes involving several jurisdictions, touching on a variety of practice areas, including corporate governance and criminal and civil litigation. 

Mr. Choi received his LL.B. from Korea University in 2007. In 2009, Mr. Choi graduated from the Judicial Research and Training Institute of the Supreme Court of Korea. He completed his master’s coursework at Korea University Graduate School of Law in 2012, and also completed a visiting scholar course at the University of San Diego School of Law in 2016. 

Mr. Choi is admitted to practice in Korea and California. 

Profile

Experience

Kim & Chang (2009-Present)

Representative Mattersshow

Mergers & Acquisitions / Corporate
 
  • Represented a Korean private equity firm in its acquisition of the medical device business of a Korean company.
  • Represented a Korean private equity firm in its sale of a Korean polyimide film manufacturing company.
  • Represented a Korean conglomerate in its sale of a Korean security company.
  • Represented a Korean private equity firm in its sale of a Korean glass manufacturing company.
  • Advised a Korean conglomerate in its acquisition of the shares of its affiliated insurance company.
  • Represented a Korean media company on its issue of convertible bonds.
  • Represented a global defense company in its acquisition of a Korean software company.
  • Represented a global insurance company in its sale of a Korean life insurance company.
  • Represented an international private equity firm in its sale of a Korean pharmaceutical company.
  • Represented a Korean finance company in its acquisition of equity interest in its affiliate finance company.
  • Represented a Korean insurance company in its acquisition of equity interest in a Korean fintech company.
  • Advised a Korean education company in its sale of a US based education company.
  • Advised an international private equity firm in its sale of equity interest in a US based food company.
  • Represented a Korean private equity firm in its sale of a Korean LNG distribution company.
  • Represented an international private equity firm in its acquisition of newly issued shares of a Korean internet bank.
  • Represented a Korean medical device company for the merger with its affiliate company.
  • Represented a Korean conglomerate in the merger with its affiliate company.
  • Represented a Korean pharmaceutical company in its acquisition of a Korean medical device company.
  • Represented a Korean financial holding company in its acquisition of a Korean insurance company.
  • Represented an international private equity firm in its acquisition of a Korean education company.
  • Represented a Korean private equity firm in its acquisition of a Korean polyimide film manufacturing company.
  • Represented a Korean IT company in its acquisition of a Korean software development company.
  • Represented a Korean private equity firm in its acquisition of a Korean glass manufacturing company.
  • Represented an Asia-based private equity firm in its acquisition of a Korean online shopping mall company.
  • Represented an international private equity firm in its sale of a Korean financial company and savings bank.
  • Represented an Asia-based private equity firm in its sale of a Korean insurance company.
  • Represented a global manufacturing company group in its sale of a Korean subsidiary.
  • Represented a Korean conglomerate in its acquisition of a Korean security company.
  • Represented a Korean private equity firm in its acquisition of a Korean LNG distribution company.
  • Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean cosmetics company.
  • Represented a global insurance company in its sale and acquisition of a Korean brokerage company between affiliates.
  • Represented a Korean private equity firm in its acquisition of a Korean asset management company.
  • Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean fintech company.
  • Represented an international private equity firm in its acquisition of a Korean pharmaceutical company.
  • Represented an international private equity firm in its acquisition of a Korean consumer financing company.
  • Represented a global franchise company in the sale of its Korean franchise company.
  • Represented an international private equity firm in its acquisition of a Korean engineering and construction company.
  • Represented a Korean private equity firm in its acquisition of a manufacturing business from a Korean manufacturing company and in its merger of another Korean manufacturing company.
  • Represented a Korean financial group in its acquisition of a Korean bank.
  • Represented a Korean savings bank in its merger with affiliate savings banks.
  • Represented a global biotechnology product development company in its acquisition of certain assets from two Korean companies.
  • Represented a global insurance company in its acquisition and sale of a Korean insurance company.
  • Represented a Korean consumer financing company in its acquisition and merger of a Korean subsidiary of a global commercial financing company.
  • Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean insurance company.
 
Insurance
 
  • Advised a global insurance company on its research regarding Korean insurance and reinsurance regulations.
  • Advised a global insurance company in its sale of a Korean insurance brokerage company.
  • Advised a Korean insurance company in its business cooperation agreement with a global service company.
  • Advised a global insurance company on the cross-border insurance contract regulations of Korea.
  • Advised a global service company on whether its product should be regulated as an insurance product.
  • Advised a Korean insurance agency company on its corporate governance regulations.
  • Advised a Korean insurance agency company in its dispute regarding a business transfer transaction.
  • Advised a global medical device company in its potential business cooperation with a Korean insurance company.
  • Advised a Korean platform company regarding insurance solicitation regulation.
  • Advised a Korean insurance company in its incorporation of an insurance agency subsidiary.
  • Advised a Korean distribution service company in its review and decision making regarding a fire accident at an outlet with respect to insurance coverage issues.
  • Advised a Korean logistics company in its review and decision making of a fire accident at a logistics center in respect to insurance coverage issues.
  • Advised a Korean chemical company in its review and decision making with respect to insurance coverage matters. 
  • Advised a Korean insurance company in its review and amendment of internal rules and regulations. 
  • Advised a Korean insurance company in its development of a new business channel in an overseas market. 
  • Advised a Korean insurance company regarding insurance regulatory matters in its acquisition of convertible preferred shares of another Korean insurance company. 
  • Advised a Korean insurance company regarding insurance regulatory matters in its acquisition of an affiliate company. 
  • Represented a former CFO of a Korean insurance company in a litigation in connection with its claim for revocation of a disciplinary sanction from a governmental authority. 
  • Represented Korean insurance companies in their litigation filed by policyholders who were claiming additional insurance proceeds under the immediate annuity insurance products. 
  • Represented a Korean manufacturing company in a litigation in connection with its claim for insurance proceeds to Korean insurance companies. 
  • Represented a Korean non-life insurance company in a litigation in connection with its claim for insurance proceeds to another Korean non-life insurance company. 
  • Represented a global insurance company in its application for an approval of a change of the largest shareholder to the Financial Supervisory Service of Korea. 
  • Defended a global service company in a criminal litigation resulting from an indictment for a violation of the Insurance Business Law. 
  • Represented the Korean branch office of a global insurance company with respect to claims made under the liability insurance of its directors and officers. 
  • Represented a Korean non-life insurance company in a criminal case which resulted from being charged for a violation of the Personal Information Protection Act of Korea. 
  • Represented various Korean life insurance companies and individuals in regulatory audits and sanctions by the Financial Supervisory Service of Korea. 
  • Represented various global insurance brokerage companies in the establishment of an insurance brokerage company in Korea. 
  • Provided general legal advice to various Korean insurance associations with respect to insurance regulations and other insurance-related affairs. 
  • Represented a global insurance company in its application for the approval of an insurance license.
 
Litigations / Regulatory Investigations
 
  • Advised in connection with the litigation in respect to claims for insurance proceeds under professional liability insurance policy.
  • Represented a Korean mutual aid association in a criminal procedure and litigation in connection with a violation of the Insurance Business Act. 
  • Represented a global manufacturing company in a derivative lawsuit and other litigations filed against a Korean listed company and its directors. 
  • Represented a Korean savings bank in a litigation involving the exercise of appraisal rights of minority shareholders. 
  • Defended a Korean securities company in a litigation filed by investors that invested in corporate bonds. 
  • Represented a Korean manufacturing company in an investigation by the Korea Fair Trade Commission with respect to the alleged provision of unfair support to its affiliates. 
  • Defended a global investment company in connection with a litigation filed by the investors that invested in equity-linked securities. 
  • Defended Korean banks in connection with a litigation filed by their respective customers who executed the currency options.

Representative Activitiesshow

Awards

  • 40 under 40 in Asia (Asian Legal Business, 2022)
  • Young Lawyer of the Year, ALB Korea Law Awards (ALB, 2020) 
  • The Award from the Principal of the Judicial Research and Training Institute (2009)

Publications/Activities
    • Practical Law - Insurance and Reinsurance in South Korea: Overview (Co-author, Thomson Reuters, 2023)
    • Legal Issues on Directors & Officers Liability Insurance, BFL Vol.105 (Co-author, Seoul National University Center for Financial Law, 2021.1.)

Education

    University of San Diego School of Law (Visiting Scholar, 2016) 

    Graduate School of Law, Korea University (LL.M., Completed Coursework, 2012) 

    Judicial Research and Training Institute of the Supreme Court of Korea (2009) 

    Korea University (LL.B., 2007)

Qualifications

    Admitted to bar, Korea, 2009; California, 2017

Languages

Korean and English

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Byung Min CHOI
Attorney


T. +82-2-3703-1742      
F. +82-2-737-9091/9092
     


  




Byung Min Choi is an attorney at Kim & Chang’s Mergers & Acquisitions and Insurance Practices. He practices primarily in mergers and acquisitions, private equity, foreign direct investment and insurance matters.

Mr. Choi has extensive experience in representing various corporations and private equity firms in a number of high-profile cross-border and domestic M&As. His experience and expertise in structuring, documenting, negotiating and executing complex M&A transactions have well served the needs of the firm’s clients, including top-tier buy-out private equity firms and various strategic investors.

Additionally, as a key member of the firm’s Insurance Practice, Mr. Choi has extensive experience in advising insurance companies on various matters, including establishment of an insurance company, M&A, license applications, regulatory compliance, and coverage disputes.

With wide-ranging experience in providing transactional, regulatory and investigation-related advice, Mr. Choi has also managed and coordinated complex corporate disputes involving several jurisdictions, touching on a variety of practice areas, including corporate governance and criminal and civil litigation. 

Mr. Choi received his LL.B. from Korea University in 2007. In 2009, Mr. Choi graduated from the Judicial Research and Training Institute of the Supreme Court of Korea. He completed his master’s coursework at Korea University Graduate School of Law in 2012, and also completed a visiting scholar course at the University of San Diego School of Law in 2016. 

Mr. Choi is admitted to practice in Korea and California. 






    Kim & Chang (2009-Present)






Mergers & Acquisitions / Corporate
 
  •   Represented a Korean private equity firm in its acquisition of the medical device business of a Korean company.
  •   Represented a Korean private equity firm in its sale of a Korean polyimide film manufacturing company.
  •   Represented a Korean conglomerate in its sale of a Korean security company.
  •   Represented a Korean private equity firm in its sale of a Korean glass manufacturing company.
  •   Advised a Korean conglomerate in its acquisition of the shares of its affiliated insurance company.
  •   Represented a Korean media company on its issue of convertible bonds.
  •   Represented a global defense company in its acquisition of a Korean software company.
  •   Represented a global insurance company in its sale of a Korean life insurance company.
  •   Represented an international private equity firm in its sale of a Korean pharmaceutical company.
  •   Represented a Korean finance company in its acquisition of equity interest in its affiliate finance company.
  •   Represented a Korean insurance company in its acquisition of equity interest in a Korean fintech company.
  •   Advised a Korean education company in its sale of a US based education company.
  •   Advised an international private equity firm in its sale of equity interest in a US based food company.
  •   Represented a Korean private equity firm in its sale of a Korean LNG distribution company.
  •   Represented an international private equity firm in its acquisition of newly issued shares of a Korean internet bank.
  •   Represented a Korean medical device company for the merger with its affiliate company.
  •   Represented a Korean conglomerate in the merger with its affiliate company.
  •   Represented a Korean pharmaceutical company in its acquisition of a Korean medical device company.
  •   Represented a Korean financial holding company in its acquisition of a Korean insurance company.
  •   Represented an international private equity firm in its acquisition of a Korean education company.
  •   Represented a Korean private equity firm in its acquisition of a Korean polyimide film manufacturing company.
  •   Represented a Korean IT company in its acquisition of a Korean software development company.
  •   Represented a Korean private equity firm in its acquisition of a Korean glass manufacturing company.
  •   Represented an Asia-based private equity firm in its acquisition of a Korean online shopping mall company.
  •   Represented an international private equity firm in its sale of a Korean financial company and savings bank.
  •   Represented an Asia-based private equity firm in its sale of a Korean insurance company.
  •   Represented a global manufacturing company group in its sale of a Korean subsidiary.
  •   Represented a Korean conglomerate in its acquisition of a Korean security company.
  •   Represented a Korean private equity firm in its acquisition of a Korean LNG distribution company.
  •   Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean cosmetics company.
  •   Represented a global insurance company in its sale and acquisition of a Korean brokerage company between affiliates.
  •   Represented a Korean private equity firm in its acquisition of a Korean asset management company.
  •   Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean fintech company.
  •   Represented an international private equity firm in its acquisition of a Korean pharmaceutical company.
  •   Represented an international private equity firm in its acquisition of a Korean consumer financing company.
  •   Represented a global franchise company in the sale of its Korean franchise company.
  •   Represented an international private equity firm in its acquisition of a Korean engineering and construction company.
  •   Represented a Korean private equity firm in its acquisition of a manufacturing business from a Korean manufacturing company and in its merger of another Korean manufacturing company.
  •   Represented a Korean financial group in its acquisition of a Korean bank.
  •   Represented a Korean savings bank in its merger with affiliate savings banks.
  •   Represented a global biotechnology product development company in its acquisition of certain assets from two Korean companies.
  •   Represented a global insurance company in its acquisition and sale of a Korean insurance company.
  •   Represented a Korean consumer financing company in its acquisition and merger of a Korean subsidiary of a global commercial financing company.
  •   Represented an Asia-based private equity firm in its acquisition of minority stakes in a Korean insurance company.
 
Insurance
 
  •   Advised a global insurance company on its research regarding Korean insurance and reinsurance regulations.
  •   Advised a global insurance company in its sale of a Korean insurance brokerage company.
  •   Advised a Korean insurance company in its business cooperation agreement with a global service company.
  •   Advised a global insurance company on the cross-border insurance contract regulations of Korea.
  •   Advised a global service company on whether its product should be regulated as an insurance product.
  •   Advised a Korean insurance agency company on its corporate governance regulations.
  •   Advised a Korean insurance agency company in its dispute regarding a business transfer transaction.
  •   Advised a global medical device company in its potential business cooperation with a Korean insurance company.
  •   Advised a Korean platform company regarding insurance solicitation regulation.
  •   Advised a Korean insurance company in its incorporation of an insurance agency subsidiary.
  •   Advised a Korean distribution service company in its review and decision making regarding a fire accident at an outlet with respect to insurance coverage issues.
  •   Advised a Korean logistics company in its review and decision making of a fire accident at a logistics center in respect to insurance coverage issues.
  •   Advised a Korean chemical company in its review and decision making with respect to insurance coverage matters. 
  •   Advised a Korean insurance company in its review and amendment of internal rules and regulations. 
  •   Advised a Korean insurance company in its development of a new business channel in an overseas market. 
  •   Advised a Korean insurance company regarding insurance regulatory matters in its acquisition of convertible preferred shares of another Korean insurance company. 
  •   Advised a Korean insurance company regarding insurance regulatory matters in its acquisition of an affiliate company. 
  •   Represented a former CFO of a Korean insurance company in a litigation in connection with its claim for revocation of a disciplinary sanction from a governmental authority. 
  •   Represented Korean insurance companies in their litigation filed by policyholders who were claiming additional insurance proceeds under the immediate annuity insurance products. 
  •   Represented a Korean manufacturing company in a litigation in connection with its claim for insurance proceeds to Korean insurance companies. 
  •   Represented a Korean non-life insurance company in a litigation in connection with its claim for insurance proceeds to another Korean non-life insurance company. 
  •   Represented a global insurance company in its application for an approval of a change of the largest shareholder to the Financial Supervisory Service of Korea. 
  •   Defended a global service company in a criminal litigation resulting from an indictment for a violation of the Insurance Business Law. 
  •   Represented the Korean branch office of a global insurance company with respect to claims made under the liability insurance of its directors and officers. 
  •   Represented a Korean non-life insurance company in a criminal case which resulted from being charged for a violation of the Personal Information Protection Act of Korea. 
  •   Represented various Korean life insurance companies and individuals in regulatory audits and sanctions by the Financial Supervisory Service of Korea. 
  •   Represented various global insurance brokerage companies in the establishment of an insurance brokerage company in Korea. 
  •   Provided general legal advice to various Korean insurance associations with respect to insurance regulations and other insurance-related affairs. 
  •   Represented a global insurance company in its application for the approval of an insurance license.
 
Litigations / Regulatory Investigations
 
  •   Advised in connection with the litigation in respect to claims for insurance proceeds under professional liability insurance policy.
  •   Represented a Korean mutual aid association in a criminal procedure and litigation in connection with a violation of the Insurance Business Act. 
  •   Represented a global manufacturing company in a derivative lawsuit and other litigations filed against a Korean listed company and its directors. 
  •   Represented a Korean savings bank in a litigation involving the exercise of appraisal rights of minority shareholders. 
  •   Defended a Korean securities company in a litigation filed by investors that invested in corporate bonds. 
  •   Represented a Korean manufacturing company in an investigation by the Korea Fair Trade Commission with respect to the alleged provision of unfair support to its affiliates. 
  •   Defended a global investment company in connection with a litigation filed by the investors that invested in equity-linked securities. 
  •   Defended Korean banks in connection with a litigation filed by their respective customers who executed the currency options.





Awards

  •   40 under 40 in Asia (Asian Legal Business, 2022)
  •   Young Lawyer of the Year, ALB Korea Law Awards (ALB, 2020) 
  •   The Award from the Principal of the Judicial Research and Training Institute (2009)

Publications/Activities

  •   Practical Law - Insurance and Reinsurance in South Korea: Overview (Co-author, Thomson Reuters, 2023)
  •   Legal Issues on Directors & Officers Liability Insurance, BFL Vol.105 (Co-author, Seoul National University Center for Financial Law, 2021.1.)





Education

    University of San Diego School of Law (Visiting Scholar, 2016) 

    Graduate School of Law, Korea University (LL.M., Completed Coursework, 2012) 

    Judicial Research and Training Institute of the Supreme Court of Korea (2009) 

    Korea University (LL.B., 2007)


Qualifications

    Admitted to bar, Korea, 2009; California, 2017


Languages
  •    Korean and English





Mergers & Acquisitions ,  Private Equity ,  Insurance ,  Insurance Litigation ,  Corporate & M&A Litigation