Jipyong LLC

Insolvency & Restructuring; Finance; Financial Regulation; Financial Disputes; Bankruptcy Litigation; Insurance; Insurance Disputes; Insurance Regulation; D&O and Professional Liability; Marine / Airline Insurance & Reinsurance; Insurance Company Audits; Insurance Business Establishment & Operation; Insurance Company M&A; Insurance Company Listing; Product Liability & Consumer Claims; Commercial Disputes

Partner

Mr. Seong Jin Bae is a Partner in the Dispute Resolution Group and heads the Financial Disputes Team.

Mr. Bae is among the highest ranked litigators in Korea and most authoritative commentators on Korean insolvency and corporate restructuring laws. He has won numerous landmark cases, including a case of first impression concerning the discontinuance of bankruptcy proceedings by agreement. He is much lauded for his many contributions to Korean insolvency jurisprudence, having successfully advanced novel legal theories regarding denial rights, cancellation of executory contracts, and limitations on creditor’s setoff rights.

Mr. Bae successfully appealed a lower court ruling in a high-profile case involving investment trusts, and has achieved numerous successes in other investment trust related litigations involving the duty of care of asset management companies and miss-selling of financial investment instruments, as well as work-outs and other large-scale disputes involving financial institutions. His expertise also covers insurance disputes. He regularly advises major Korean and foreign insurance companies, and successfully represented Royal & Sun Alliance Insurance Company in defending a large-scale automobile loan insurance claim that gave rise to complex and hotly disputed issues under Korean insurance laws.

Mr. Bae is an adjunct professor at Korea University School of Law and the 2017 recipient of its Anam Lecture Award. He also serves on the Dispute Mediation & Deliberation Committee of the Korea Exchange and is a member of the Korea Securities Law Association.

Mr. Bae holds an LL.B. from Seoul National University and LL.M. from the University of Minnesota School of Law.

He is a member of the Korean and New York Bars.

Korean and English

Admitted to bar, Korea, 1999

Completed financial law (insurance law) course at Center for Financial Law, Seoul National University(2008)University of Minnesota School of Law (LL.M., 2005)Seoul National University (LL.B.,1995)