Jai Yun LIM
금융부문대표
T. 02-3477-8689
F. 02-3477-8669
E. jylim@law-lin.com
Overview
Case Highlights
Profile
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Jai Yun LIM graduated from Gyeonggi University and Seoul National University of Law, and is a 13th class graduate of the Judicial Research and Training Institute. He began practicing law at Kim Chang & Lee in 1983, and served as a managing partner at Nara, a professor of commercial law at Sungkyunkwan University College of Law/Graduate School of Law, and a partner at Yulchonbefore joining LIN in April 2024.
Mr. Lim has published more than ten books and 40 academic papers in the fields of corporate law, capital market law, shareholders' meeting practices, and corporate litigation, and is regarded as one of the most knowledgeable lawyers in theory and practice in these fields. He has also served as a member or the chief of various specialized committees of the Ministry of Finance and Economy (Securities System Advancement Committee, Financial Development Review Committee), Korea Fair Trade Commission (Policy Evaluation Committee), Korea Financial Supervisory Service (Securities Investigation Review Committee, Sanctions Review Committee), Korea Exchange (Securities Dispute Mediation Committee), Securities Futures Commission (Securities Futures Investigation Review Committee), Ministry of Justice (Committee on Enactment of an Act on Special Cases Concerning the Commercial Act, Committee on Amendment of Securities-related Class Action Act), and Korea Securities Depository (Depository Settlement Advisory Committee, Securities Settlement Advisory Committee), and the bankruptcy trustee and receivership trustee of various companies, including Korea Development Bank and Samsung Pharmaceutical.
Mr. Lim's main areas of practice include financial regulatory advice, financial disputes, financial criminal cases, corporate criminal cases, financial company inspection/sanctions, corporate law advice, commercial/management disputes, class actions, and general civil/criminal litigations. He was named "Best Lawyer in Capital Market Law" four times in 2014, 2016, 2020, and 2022 in a survey conducted jointly by The Law Times and the Korea In-house Counsel Association, and "Best Lawyer (Finance/Capital Markets)" in 2018 and 2021 in a survey conducted jointly by Hankyung Business and the Korea In-house Counsel Association. He has served as an advisor, chairman, vice chairman, and board member of various commercial law societies, and was the president of the Korean Securities Law Association until 2017.
Mr. Lim has published more than ten books and 40 academic papers in the fields of corporate law, capital market law, shareholders' meeting practices, and corporate litigation, and is regarded as one of the most knowledgeable lawyers in theory and practice in these fields. He has also served as a member or the chief of various specialized committees of the Ministry of Finance and Economy (Securities System Advancement Committee, Financial Development Review Committee), Korea Fair Trade Commission (Policy Evaluation Committee), Korea Financial Supervisory Service (Securities Investigation Review Committee, Sanctions Review Committee), Korea Exchange (Securities Dispute Mediation Committee), Securities Futures Commission (Securities Futures Investigation Review Committee), Ministry of Justice (Committee on Enactment of an Act on Special Cases Concerning the Commercial Act, Committee on Amendment of Securities-related Class Action Act), and Korea Securities Depository (Depository Settlement Advisory Committee, Securities Settlement Advisory Committee), and the bankruptcy trustee and receivership trustee of various companies, including Korea Development Bank and Samsung Pharmaceutical.
Mr. Lim's main areas of practice include financial regulatory advice, financial disputes, financial criminal cases, corporate criminal cases, financial company inspection/sanctions, corporate law advice, commercial/management disputes, class actions, and general civil/criminal litigations. He was named "Best Lawyer in Capital Market Law" four times in 2014, 2016, 2020, and 2022 in a survey conducted jointly by The Law Times and the Korea In-house Counsel Association, and "Best Lawyer (Finance/Capital Markets)" in 2018 and 2021 in a survey conducted jointly by Hankyung Business and the Korea In-house Counsel Association. He has served as an advisor, chairman, vice chairman, and board member of various commercial law societies, and was the president of the Korean Securities Law Association until 2017.
[Related Articles]
[2022 The Law Times] Jai Yun Lim selected as one of the best lawyers in capital markets law, including stock price manipulation.
[2021 Best Lawyers] Jai Yun LIM, a master both in theory and practice...thrives in finance and capital markets.
[2022 The Law Times] Jai Yun LIM, selected as a top lawyer in the field of capital markets law by in-house counsels in 2020.
[2018 Best Law Firms] 12 '2018 Best Lawyers' selected by six law firms.
[2016 The Law Times] Jai Yun Lim was selected as a top lawyer in the field of capital markets law for the second consecutive year in a survey of in-house counsels.
[2015 The Law Times] Mr. Lim elected as President of the Korean Securities Law Association
[2014 The Korea Economic Daily] Armed with financial expertise and practical experience...warriors against excessive 'regulatory knives'.
Profile
Experience
- Current) LIN
- Current) Chairman, Securities Settlement Advisory Committee, Korea Securities Depository
- Current) Arbitrator, Korean Commercial Arbitration Center
- Current) Member of the Advisory Committee, KOSDAQ Association
- Current) Member of the Advisory Committee, Korea Listed Companies Association
- Past) Attorney at Kim, Chang & Lee (1983)
- Past) Research Scholar, University of Washington, School of Law (1993~1995)
- Past) Managing Partner, Nara (1996~2005)
- Past) Member of the Selection Committee of Telecommunications Carriers, Ministry of Information and Communication (1996~1997)
- Past) Consulting Attorney, Ministry of Construction and Transportation (1996~2000)
- Past) Member of the Police Reform Committee, National Police Agency (1998~2000)
- Past) Member of the Administrative Appeals Committee, Seoul Metropolitan Police Agency (1998~2000)
- Past) Lecturer, Judicial Research and Training Institute (Securities and Exchange Act) (1998~2005)
- Past) Member, Securities System Advancement Committee, Ministry of Finance and Economy (1998~1998)
- Past) Receivership Trustee of Samsung Pharmaceutical (1998~1999)
- Past) Member of the Securities Investigation Review Committee, Financial Supervisory Service (2000~2002)
- Past) Policy Evaluation Committee Member, Korea Fair Trade Commission (2000~2003)
- Past) Outside Director, Infobank (2000~2005)
- Past) Bankruptcy Trustee of Korea General Financial (2001~2002)
- Past) Securities Dispute Mediator, Korea Exchange (2001~2003)
- Past) Member of the Securities and Futures Investigation Review Committee Securities and Futures Commission (2002~2004)
- Past) Outside Director, KB Asset Management (2003~2006)
- Past) Securities Dispute Mediator, Korea Securities and Futures Exchange (2003~2006)
- Past) Mediator, Seoul Central District Court (2004~2006)
- Past) Auditor, Seoul District Bar Association (2005~2006)
- Past) Professor, Sungkyunkwan University College of Law, Graduate School of Law (Corporate Law, Securities Law) (2005-2010)
- Past) Chairman, Regulatory Review Committee, National Police Agency (2005~2015)
- Past) Member, 48th Judicial Examination (Commercial Law) (2006)
- Past) Member of the Coordination Committee for Commercial Act Issues, Ministry of Justice (2006~2007)
- Past) Member of the Committee on Enactment of an Act on Special Cases Concerning the Commercial Act, Ministry of Justice (2007~2008)
- Past) Member, Securities Subcommittee, Financial Development Review Committee, Ministry of Finance and Economy (2007~2008)
- Past) Law Firm Yulchon (2011~2024)
- Past) Member, Capital Market Subcommittee, Financial Development Council, Financial Services Commission (2011~2013)
- Past) Member, Sanction Review Committee, Financial Supervisory Service (2012~2014)
- Past) Chairman, Securities-related Diagnostic Litigation Act Amendment Committee, Ministry of Justice (2013~2015)
- Past) President, Korea Securities Law Association (2015~2017)
- Past) Chairman, Depository Settlement Advisory Committee, Korea Securities Depository (2019~2021)
Representative Matters
•Represented a listed company in a dispute over control of a listed company (2011)
•Won a lawsuit brought by minority shareholders against a publicly traded company for damages arising from the price manipulation of the company's CEO (2011)
•Represented the Korea Exchange in a case on the provisional suspension of delisting proceedings and won the case (2012)
•Represented the CEOs of Korean securities companies in a criminal case of the violation of the Capital Markets Act related to ELW (Equity Linked Warrant) (2012)
•Won a case where damages were claimed in relation to the handling of stock purchase and sale orders and won the case (2012-2014)
•Advised the Capital Markets Investigation Review Committee and defended in a criminal trial for criminal cases of the violation of the Capital Markets Act related to prohibition on the use of undisclosed information and price manipulation (2012-2014)
•Represented a corporate bond investor of company W in a case claiming damages against a securities company, the organizer, and won the case in whole (2013)
•Advised a domestic insurance company and a foreign financial institution on the conclusion of an ISDA agreement (2014)
•Advised a credit card company in a sanctions review case related to information leakage (2014)
•Advised a U.S. branch of a Korean insurance company on regulations under the state insurance law in the U.S. (2014)
•Dismissal of charges of using undisclosed material information in connection with stock trading (2015)
•Advised a domestic insurance company on legal issues related to incorporation in the U.S. (2015)
•Won a preliminary injunction case in connection with a sports promotion voting ticket issuance business (2015)
•Represented a major securities firm and obtained the best possible outcome for institutional and individual sanctions before the Sanctions Review Committee (2015)
•Represented the Korea Railroad Corporation in a lawsuit between the Korea Railroad Corporation and PFV over Yongsan Development Project and won the case in whole (2015)
•Advised a domestic insurance company on overseas collateralized loan transactions (2015-2016)
•Advised a securities company in a sanctions review case related to a computer incident (2015-2016)
•Dismissal of charges of a biotechnology company in a case on the use of undisclosed material information (2017)
•Advised Mirae Asset Daewoo and NAVER on a treasury stock exchange transaction (2017)
•Represented a large accounting firm and obtained a decision not to permit a securities class action (2018)
•Acquittal in Korea's first option price manipulation case (2018)
•Acquittal of an accountant of an accounting firm in a criminal trial for use of undisclosed material information (2018)
•Advised a large securities firm and financial holding company on a comprehensive stock exchange transaction (2018)
•Represented defendants in a lawsuit brought by minority shareholders against securities company officers alleging unfairness of a merger and won the case (2019)
•Represented a major accounting firm in a lawsuit requesting permission of a securities class action regarding fraudulent accounting and won the case (2019)
•Represented defendants in a shareholder representation action brought by minority shareholders against directors of a securities company for the undervalued sale of their shares (2019)
•Dismissal of charges by the prosecution in a case of a securities company employee's use of undisclosed information (2019)
•Obtained acquittal of an accountant of an accounting firm in a case on the use of undisclosed information (2019)
•Advised an asset management company on sanctions review related to credit provision (2019)
•Advised a securities company in response to a prosecutor regarding TRS (2019)
•Advised on a dispute between a securities company and an overseas hedge fund (2019)
•Dismissal of charges by the prosecution in a case of use of undisclosed information on shares of a biopharmaceutical company (2020)
•Advised an asset management company on the sale of all of its shares (2021)
•Acquittal of a securities company CEO in a criminal trial for violation of the Capital Markets Act (2023)
•Won a product liability insurance case between an insurance company and a conglomerate (2023)
•Advised a Korean and Japanese conglomerate on equity investment in a Korean secondary battery company (2024)
Education
•Gyeonggi High School (1976)
•B.A., Seoul National University College of Law (1980)
•Judicial Research and Training Institute (13th)
Qualifications
•Attorney at Law
•Tax Accountant
•Patent Attorney
Publications
•U.S Corporate Law, Pakyoungsa (2009)
•U.S. Securities Law, Pakyoungsa (2009)
•Shareholders' Meeting Practice, 2nd Edition, Pakyoungsa (2020)
•Company Litigation Practice, 4th Edition, Pakyoungsa (2021)
•Capital Markets and Unfair Trade, 4th Edition, Pakyoungsa (2023)
•Corporate Law I and II, 9th Edition, Pakyoungsa (2024)
•Capital Markets Act, 2024 Edition, Pakyoungsa (2024)
Practice Areas
•Financial Regulatory Advisory
•Financial Disputes
•Financial, Corporate Criminal Case
•Financial Company Inspections/Sanctions
•Corporate Law Advisory
•Commercial/Management cases
•Class Actions, General Criminal Defense
Languages
•Korean
•English
•Japanese