YOON&YANG
Young Su Park Partner
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  • TEL 82 2 6003 7799
  • FAX 82 2 6003 7019
  • E-MAIL
Young Su Park is a partner at Yoon & Yang LLC, and his main practice area is corporate litigation.
After being admitted to the Korean bar in 2006 and completing his legal training at the Judicial Research and Training Center, he worked as a judge advocate of the Republic of Korea Army (Army Headquarters, 28th Infantry Division, Logistics Command) for three years. Since joining the firm in 2012, Young Su Park has handled various corporate litigations (civil and commercial affairs, management rights disputes and financial disputes, etc.) and provided clients with relevant legal advice. He also has broad experiences in white collar crimes such as embezzlement or breach of trust by the management of a company. After obtaining his LL.M. at University of Southern California Gould School of Law, he was seconded to the LA office of Blank Rome LLP before coming back to Yoon & Yang LLC. In 2022, he was chosen as Rising Star in the field of litigation by Legal Times.

Experience

  • 2012-present Yoon & Yang LLC
  • 2021-present Member of Viewers’ Committee, TRN
  • 2017-18 Blank Rome LLP (secondment)
  • 2009-12 Judge Advocate, Republic of Korea Army (Army Headquarters)

Education

  • 2017 University of Southern California. Gould School of Law, LL.M.
  • 2013 Corporate Law Training Course of Seoul Bar Association
  • 2009 Judicial Research and Training Institute
  • 2007 Yonsei University College of Law, LL.B.

Representative Matters

[Civil and Commercial Affairs]
  • Represented British American Tobacco Korea in the case where the National Health Insurance Service (NHIS) sought compensation against tobacco companies regarding insurance payouts to lung cancer patients
  • Represented Asiana Airlines in litigation on payment of deposit in M&A with HDC
  • Represented Eastar Holdings in litigation on payment of deposit in M&A between Eastar Holdings and Jeju Air
  • Represented a subcontractor in the case where a guaranty insurance company sought compensation for insurance payouts it made to the insured (construction company) upon occurrence of an insured accident against the subcontractor; the Supreme Court reversed and remanded the lower courts’ decision on the ground that the fact that a rehabilitation procedure was commenced against a company did not constitute an “insured accident” (Supreme Court Decision 2018Da275574 rendered on February 27, 2020)
  • Represented a client in litigation on accounts receivables against companies located in the Gaeseong Industrial Complex in North Korea
  • Represented an asset management company in litigation seeking preliminary injunction to prohibit obstruction of business in relation to a facilities management agreement
  • Represented a client in litigation regarding distribution of dividends upon energy saving
  • Represented a cryptocurrency exchange in damage claims and criminal case in relation to unauthorized extortion of cryptocurrencies
  • Advised a fashion company on corporate restructuring

[Criminal Affairs]
  • Represented an electronics service company in investigations and trials for a criminal case related to its labor union
  • Represented a fund seller in criminal trials related to the Lime Fund scandal
  • Represented a client in criminal trials related to the breach of the Political Funds Act and occupational embezzlement
  • Represented a client in criminal trials related to breach of the Fair Transactions in Subcontracting Act
  • Represented former CEO of Shinhan Bank in a criminal case
  • Represented an election commissioner and account manager in the case involving the violation of the Public Official Election Act

Publications

  • Contract Formation and Enforcement in South Korea: Overview, Practical Law, Thomson Reuters (Co-author, 2023)
  • Possibility of Inspection of Accounting Books by Shareholders During Rehabilitation Proceedings, Seoul Economic Daily (2021. 1. 20.)
  • [Decision Inside] Standards for Determination of “Insured Accident” in Performance Bonds, Seoul Economic Daily (2020. 3. 23.)
  • Possibility of Compensation for Loss of Profit of Private Facilities Caused by COVID-19, Financial News (2020. 3. 10. )