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EXPERTISE 11
Security & Finance Litigation & counselling
Corporate Governance & Shareholder Disputes Litigation & counselling
Antitrust Litigation & Counseling
Whistleblower Presentation
Class action
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CASE IN PURSUIT
CASE IN PURSUIT
KOR

Members’ Profiles

Kim, Joo-young Managing Partner
Mr. Kim focuses on representing and advising investors in shareholder, securities, finance, and corporate governance related litigations. Raising awareness of investment fraud schemes and other compliance issues of financial institutions, Mr. Kim is known for handling some of the most challenging, high-stakes securities litigations. He successfully led the LG stockholders’ derivative action, ELS (Equity Linked Securities) closing price manipulation lawsuit, Daewoo accounting fraud lawsuit, Hyundai Securities’ stockholder’s derivative lawsuit, Woori Power Income Fund lawsuit and contributed to the settlement of class action system in Korea by leading cases that show the policy’s effectiveness. Mr. Kim defends and advises clients in matters throughout civil, criminal and administrative issues through his extensive experience and deep history in consultation. Prior to founding Hannuri Law, he started his career in Kim & Chang in 1992, concentrating on fair trade and corporate advising. Recipient of Fulbright scholarship, he studied in Chicago University Law School and had legal experience in Williams & Woolley, located in California. After his study abroad, Mr. Kim successfully led the Miral School construction suit and won the case which expedited many establishments of handicap facilities. In 1997, he opened his law office with his father Kim Sang-won and his brother Kim Joo-hyun, and also, served as a vice chairman of Economic Reform Committee at the Peoples’ Solidarity for Participatory Democracy and as an executive director of Center for Good Corporate Governance. Having faith in the power of truth, Mr. Kim believes that his clients can achieve the best results by boldly seeking it and he finds joy in discovering the truth through rigorous study and analyzation. Mr. Kim is also a frequent speaker on securities fraud and internal investigations to professional organizations and other academic conferences. He also authored books based on his lively experiences as a high-profile mass tort litigation lawyer. Mr. Kim received his LL.B. from Seoul National University, passed the Korean Bar in 1986, and finished courses at the Judicial Research & Training Center in 1989.

CREDENTIALS

Education

•Graduated Seoul Youngdong High School ('83)
•LL.B., Seoul National University ('87)
•Completed Seoul National University, Graduate School of Law, Major in Anti-trust law, Law and Economics ('92)
•LL.M., University of Chicago, Major in anti-trust law, Recipient of Full Bright Scholarship ('95~’96)

Experience

•Passed the 28th Korean Bar ('86)
•Completed courses at the Judicial Research & Training Center ('89)
•Military Judicial Officer, 8th Infantry Division, ('89~'92)
•Associate, Kim & Chang Law Offices focused on anti-trust law, labor law, corporate law, and litigation ('92~'97)
•Associate, Williams Woolley Law Offices ('95)
•Sang Won Kim, Joo Hyun Kim & Joo Young Kim Law Offices (`97~`00)
•Managing Partner, Hannuri(`00~present)
•Seoul National University, School of Law, Legal Clinic Visiting Professor ('19~present)

Admissions

•Admitted to Bar, Korea (‘89)

Work Highlights

[Reports]

•LG stockholders’ derivative action, Biannual Journal of Good Corporate Governance vol. 34 (‘10)
•Shareholder Derivative Suit in relation with Hyundai Securities’ forfeited stocks public offering, Biannual Journal of Good Corporate Governance vol. 35 (‘10)
•Daewoo Electronics Minority Shareholder Campaign and Accounting Fraud Lawsuit, Biannual Journal of Good Corporate Governance vol. 36 (‘10)
•Sejong High-Tech Stock Price Manipulation Lawsuit, Biannual Journal of Good Corporate Governance vol. 37 (‘10)
•Buy Korea Fund Lawsuit, Biannual Journal of Good Corporate Governance vol. 38 (‘11)
•Hyundai Electronics Stock Price Manipulation Lawsuit, Biannual Journal of Good Corporate Governance vol. 39 (‘11)
•Kolon TNS' CP Accounting Fraud Suit, Biannual Journal of Good Corporate Governance vol. 40 (‘11)
•Yent, Hanil pharmaceutical Co., ltd Public Offering Fraud Lawsuit, Biannual Journal of Good Corporate Governance vol. 41 (‘11)
•The Case of Woori Power Income Fund, Biannual Journal of Good Corporate Governance vol. 42 (‘12)

[Requested Reports]

•“Strengthening Prudential Regulation，Internal Control and Risk Management of the Securities Market and Securities Intermediaries: Diagnoses", World Bank, co-authored with Lee, Sangbin and 3 others (March ‘99)
•“Strengthening Prudential Regulation，Internal Control and Risk Management of the Securities Market and Securities Intermediaries: Action Plan", World Bank , co-authored with Lee, Sangbin and 3 others (October ‘99)
•“Improvement on Exercise of Voting Rights that are Aligned with Possession of National Pension Service Shares”, National Pension Service (‘02)
•“Korea YWCA Structure Study Report”, Korea YWCA (‘07)

Activities/Awards

[Committees and Boards of Directors]

•Vice Chairman, Economic Reform Committee, PSPD (Peoples’ Solidarity for Participatory Democracy) (`97~`02)
•Member of Advisory Committee for Improvement of Securities-related Affairs, National Congress for New Politics (`98)
•Chairperson, Economic Committee, Minbyun- Lawyers for a Democratic Society (`99~`01)
•Committee Member, Discipline Committee, Korea Stock Exchange (now KRX) (`99~`03)
•Committee Member, Securities Regulation Div. of Committee on Improvement of Financial Market, Ministry of Finance and Economy (`00~`01)
•Committee Member, Dividend Policy Management Committee (now KRX) (`03)
•Committee Member, Public Company Sales Committee, Financial Services Commission (`01~`03)
•Executive Director, Center for Good Corporate Governance (`01~`03)
•Member of the Competition Policy Advisory Board, Fair Trade Commission(`03~`07)
•Board Member, Yuhan Foundation (`03~`08)
•Member of the Hannara Party Nomination Commission (`04)
•Board Member, Miral School Foundation (`05~present)
•Member of the Research Committee on Corporate Governance, Corporate Governance Service (`06~`11, `14)
•Member of the Operating Committee of the Lawyer Training Institute, Korean Bar Association (`08~`13)
•Member of the National Pension Service Stock Voting Rights Expert Committee (‘10)
•Member of the Securities-Related Class Action Act Amendment Committee, Ministry of Justice (‘13)
•Member of the Case Review Board, Supreme Prosecutors’ Office (`13~present)
•Board of Directors, The Purme Foundation (`17~present)

[Awards]

•Award for Excellent Legal Practices, Seoul Bar Association (‘02)
•Named one of 25 “Stars of Asia in 2003”, Business Week (‘03)
•Award for Development of Fair Trade Policy by Chief Commissioner of Fair Trade Commission (‘04)
•Named one of 175 “Young Global Leaders”, World Economic Forum (‘06)

Publications

[Academic Presentations]

•“Can Current Monopoly Regulation and Fair Trade Act Catch the Monopolies”, Human Rights and Justice Review vol. 234 (‘96)
•Minority Shareholders’ Damages Due to Mutual Assistance Between Companies with Special Relations and Their Remedies, Discussion for Democratic Society vol.12 (‘97)
•Survey and Issues Regarding Lawsuits on Securities Investment Trust, Human Rights and Justice Review vol. 278 30-39 (‘99)
•“Shareholder Activism in Korea: A Review of How PSPD Has Used Legal Measures to Strengthen Korean Corporate Governance, Journal of Korean Law”, Vol. 1, No. 1, Seoul National University College of Law BK Law 21, co-authored with Kim, Jun-gi (‘01)
•“Study on Assessment of Damages in Market Manipulation Cases,” Quarterly Journal of Korean Securities Law Association No.2, Vol.1, co-authored with Kim, Tae-sun (‘01)
•“Application of the Securities-Related Class Action Act and its Positive Effects”, Korea Listed Companies Association vol. 44 (‘01)
•“Study on Assessment of Damages in Securities Class Action Cases,” Professor Song Sang Hyun’s 60th birthday Memorial Papers (‘02)
•“Era of Shareholder Derivative Suits, How Must Corporate Executives React”, Biannual Journal of Good Corporate Governance vol. 2 (‘02)
•Transitions to Holding Companies and Corporate Governance, BFL vol.2, co-authored with Lee, Eun-Jung and Lee, Joo-young (‘03)
•Limitation of Liability in Securities Litigations, BFL vol. 25 (‘07)
•Implementation of Double Derivative Suits, Reviewed Through Real Cases, Commercial Law Review vol. 25 #4 (‘07)
•Succession of Business within Family and Family Business Outcomes, Corporate Governance Review vol. 31 (‘07)
•Survey of Korea’s Shareholder Derivative Suits and Deregulation on Eligibility to Sue, Biannual Journal of Good Corporate Governance vol. 23 (‘07)
•Survey and Judgment Trends of Korea’s Shareholder Derivative Suits, Corporate Governance Review vol. 34 (‘07)
•The Reasons, Issues and Improvement Measures Regarding Listless Enforcement of Securities-Related Class Action Act, Biannual Journal of Good Corporate Governance (‘07)
•Expert Appraisals in Securities Litigations, When to use them, Justice, Korean Legal Center (’08)
•Financial Investment Services and Capital Markets Act’s Effects on Securities Related Practices, Biannual Journal of Good Corporate Governance vol. 30 (‘09)
•Definition, Survey and Issues of Asset Stripping, Corporate Governance Review vol. 50 (‘10)
•Speculative Transactions Using Hedging Techniques and the Regulations, The Korean Journal of Securities Law vol. 12 #3 (‘11)
•Legal Task for Investor Protection: Review of Judicial Relief for Investor Victims, BFL, vol. 58 (‘13)
•Transactions of Derivatives and Article 150 of the Civil Act (Act against Trust and Good Faith as to Condition): Regarding Supreme Court Judgement 2015. 5. 14., 2013da3811ho, BFL vol. 75 (‘16)
•Legal Issues and Tasks in Equity-linked Securities Related Litigations, BFL vol. 80 (‘16)
•Study on Legal Restrictions of Institutional Investors’ Exercise of Shareholder Rights

[Authored Books]

•“Study on Reform of Korean Chaebols”, Nanam Publishing Co., Ltd., Co-edited by Kim, Dae-hwan, Kim, Kyun (‘99)
•“Holding Company and the Law”, Sohwa Publishing Co., Edited by Kim, Gunsik and No, Hyuk-jun, (‘08)
•“Lawyer of The Ants Fights The Grasshopper Companies”, Munhakdongne Publishing Corp. (‘14)
Suite #431, 27, Seochojungang-Ro 24-Gil, Seocho-Gu, Seoul, Korea
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