Youngshik JUNG - Kim & Chang

Bio

Youngshik Jung is a senior attorney at Kim & Chang with over 20 years of experience. He primarily focuses on antitrust and competition, and also practices in areas such as bankruptcy and restructuring, corporate investigations and white collar defense, construction and real estate dispute, and tax litigation.

Mr. Jung has advised both international and domestic clients in responding to the Korea Fair Trade Commission (KFTC) regarding various types of matters, including collusion, unfair intercompany transactions, franchise-related disputes, and violations of the Fair Labeling and Advertising Act. He has also advised clients in KFTC administrative proceedings, as well as criminal procedures relating to antitrust matters.

Prior to joining Kim & Chang, Mr. Jung spent 17 years as a judge, serving in various district courts and the Seoul High Court. In addition, he served as a Director of Registration at the National Court Administration for two years.

Based on his extensive experience in court, he provides a wide range of legal advice and counsel for defendants in the areas of corporate investigation, fair trade, bankruptcy, construction and real estate, and administration.

Mr. Jung was a visiting scholar at the University of Washington School of Law in 2008, and graduated from the Judicial Research and Training Institute of the Supreme Court of Korea in 2000. He earned his LL.B. from Hanyang University in 1993. He is admitted to the Korean bar.

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Profile

Experience

Lecturer, Fair Trade Law Training Center, Seoul Bar Association (2021- Present)

Member of Committee of Legal Education, Ministry of Justice (2019-2021)

Member of Sentencing Commission, Supreme Court (2019-2021)

Legislation Director, Korean Bar Association (2019-2021)

Kim & Chang (2017-Present)

Judge, Seoul High Court (2016-2017)

Presiding Judge, Daegu District Court (2015-2016)

Judge, Seoul High Court (2013-2015)

Director of Registration, National Court Administration (2011-2013)

Judge, Seoul Eastern District Court (2010-2013)

Judge, Seoul Central District Court (Bankruptcy Division, 2007-2010)

Judge, Ulsan District Court (2004-2007)

Judge, Seoul District Court (2002-2004)

Judge, Incheon District Court (2000-2002)

Representative Mattersshow

The KFTC's investigation into alleged collusion among six wholesale corporations in Garak Market on commission fees and sales incentives. (concluded as not guilty)
Filing and carrying out administrative litigation against the KFTC's dispositions
Mediation agreement on a dispute between a franchisor’s head office and the franchisee
Fair trade investigation into an imposition of disadvantages through sales promotion by the head office of the franchise and its not bearing the costs for improving the store environment (case closed with partial charges)
Administrative litigation case and criminal case against a gaming software development and supply company (the court and the Prosecutors’ Office confirmed no charges)
Investigation into allegations of unfair assistance in the provision of collateral in deposits to affiliates of Korean conglomerates (exemption from accusation)
The KFTC's investigation into the unfair collusion of four companies in bidding for the selection of a lessor of special equipment for the in-company transportation of heavy goods and its investigation into the unfair collusion of five companies in bidding for the selection of a heavy goods transportation company (drastic reduction of fine)
The KFTC’s investigation into and application for dispute mediation in a case regarding interference with business activities (technology misappropriation) by a heavy industries company (case closed without charges)
The KFTC's investigation of a violation of the Door-to-Door Sales Act in the changing of the main business operator/side business operator by a multi-Level marketing distributor couple (concluded as not guilty)
The KFTC's investigation into 11 Korean steel companies on charges of fixing the base purchase price of scrap metal (drastic reduction of fine)
The KFTC's investigation into a pharmaceutical company’s unfair solicitation of customers (drastic reduction of fine)
Criminal case for trade secret infringement (acquittal)
Criminal case regarding an information and communications service provider’s interference in bidding (acquittal)

Representative Activitiesshow

Publications/Activities

Contributions to The Korea Economic Daily CFO Insight on the topic of fair trade (2020-Present)
KFTC Investigation Trends and Interference with Investigation (Legal Times, 2021.9.)
Risks of Unfair Affairs and Cautions that may Occur During Economic Downturn (Legal Times, 2020.5.)
Indemnification Procedures for Individual Debtors in United States Bankruptcy Code, Chapter VII, Tribunal Materials Vol. 122 (Foreign Judicial Research Dissertation (30))
Individual Bankruptcy and Compulsory Execution Proceedings, The Association of Korean Civil Judgment Enforcement Law Journal Vol. 6 (Research on Civil Execution Act, 2010.2.)
Practice of Rehabilitation Vol.1, 2 (Co-author, Practice Research Association, Bankruptcy Division, Seoul Central District Court, 2008)
Practice of Individual Bankruptcy Rehabilitation (Co-author, Practice Research Association, Bankruptcy Division, Seoul Central District Court, 2008)