Tong Soo CHUNG
고문
T. 02-3477-8695
F. 02-3477-8694
E. tschung@law-lin.com
Overview
Profile
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Jung practiced at Yulchon for about 13 years, focusing on, inter alia, domestic and international project development and financing, banking, M&A, EPC, overseas expansion of Korean companies, trade, commerce, intellectual property rights, healthcare, and international arbitration. Starting as an associate at a US law firm, Whitman & Ransom, in 1984, he founded Chung & Lim, the predecessor of the current LimNexus , in 1986, where he handled various corporate advisory and litigation matters until the end of 1993. In early 1994, he was appointed by the Clinton administration as a senior official at the International Trade Administration of the Department of Commerce, where he served for seven years. In South Korea, he served as the head of Invest Korea for four years, starting in 2006, where he was responsible for attracting foreign companies.
Profile
Experience
- Current) Advisory Board Member, Korean Americans for Political Action, (2021-)
- Current) United Service Organization (USO) Korea, member of the Advisory Board (2005-) Chairman of the Advisory Board (2013-2015)
- Past) Korean American Coalition: Founding President (1983-1986) - Board Member (1987-1993) - Washington Chapter President (2000-2002)
- [Other Career including work with U.S. NGOs]• Past) Ran in the Democratic Party primary election for the California State Assembly (1991)
- Present) Advisor, Apex Group, Apex Korea (June 2024)
- Current) Advisor, Kotra Invest Korea (May 2023)
- Current) Advisor, Korea-Ukraine Economic Cooperation Association (Incorporated Association) (May 2023)
- Current) Advisor to the Foreign Business Association (January 2023)
- Current) Korean Investment Ambassador (May 2021)
- Current) Advisor, Global Public Procurement Institute (August 2020-)
- Past) Member of the Sales Promotion Subcommittee, SR Development Committee (April 2022 - March 2023) - Sales Advisor, Management Policy Advisory Group (2021-2022)
- Past) Outside Director, GW Vitek (2020- October 2023)
- Past) Representative of Korea for Healthcare, OECD Business & Industry Advisory Council (2019-2021)
- Past) Special Director, Indian Chamber of Commerce (2018-2022)
- Past) Co-Chair of the Pharmaceutical Subcommittee, American Chamber of Commerce (2010-2021)
- Past) Arbitrator, Korean Commercial Arbitration Board (2003-2021)
- Past) Outside Director, Korea National Mineral Resources Corporation (April 2014 – January 2020)
- Past) Member, KOTRA SME Global Business Forum (2017-2019)
- Past) Board Member, Lana Heyday Foundation (2017-2019)
- Past) Member of the LINA 50+ Awards Committee (2017-2019)
- Past) Member of Investment Promotion Advisory Group, Gyeonggi-do (2007-2013) - Chairman (2013-2019)
- Past) Member of the Special Committee on International Exchange, Korean Bar Association (January 2014 – January 2016)
- Past) Outside Director, Lina Life Insurance (2012-2016)
- Past) Member of the New Growth Engine Investment Fund Management Committee, Korea Tech Exchange (2009-2011)
- Past) Member of the Strategic Planning Committee, Korea International Broadcasting Foundation (Arirang T.V.) (2009-2011)
- Past) Member of Jeju Special Self-Governing Province Support Working Committee (2009-2011) - Appointed by the Prime Minister
- Past) Member of the Tax Development Review Committee (2006-2008) - Appointed by Deputy Prime Minister and Minister of Finance and Economy
- Past) Member of the Advisory Committee on Attracting Foreign Investment, Daegu Metropolitan Government (2004-2006)
- Past) Member of the Advisory Committee, Seoul Financial Center, Seoul, Korea (2003-2005)
- Past) Board Member of Rebuild L.A., (1992-1993) - Appointed by the Mayor after the L.A. riots
- Past) Commissioner of City of L.A. Fire and Police Pension System (1991-1993)
- Past) Chairman of City of L.A. Task Force on Liquor Stores (1992) - Appointed by the Mayor after the L.A. riots
- [Other Career]
- Current) LIN
- Current) Chairman, Global Unity Holdings (2022-)
- Current) Chairman, Blue Terra Capital (Bahamas) (October 2023-)
- Past) U.S. Attorney/Advisor at Yulchon (2004-2006, 2010-2021)
- Past) Head of KOTRA Invest KOREA (2006-2010)
- Past) Auditor/Director/Senior Advisor, Maxon Telecom (2001-2004)
- Past) Director of Export Support Coordination, International Trade Administration, U.S. Department of Commerce
- Past) Head of Strategic Export Support, International Trade Administration, U.S. Department of Commerce
- Past) Deputy Assistant Secretary for Services and Financial Industries, International Trade Administration, U.S. Department of Commerce (1994-2001)
- Past) Founding Partner, Chung & Lim (currently, LimNexus) (1986-1993)
- Past) Associate Attorney, Whitman & Ransom(1984-1986)
- Past) Financial Analyst, Exxon Corporation (1980-1981)
- Past) Economic Analyst, The World Bank (1979)
- [major career]
Representative Matters
•Advised Samsung Electronics in patent litigations against Apple
•Advised a Korean private equity firm on its acquisition of a UK-listed company
•Advised a U.S. private equity firm on its acquisition of a Korea-listed company
•Advised a Korean power company on the construction of a combined cycle power plant in Myanmar
•Advised a Singapore-based semiconductor company on its expansion into a free economic zone in Yeongjong Island, including advising on various tax benefits and incentives offered by the Korean government
•Advised on, and prepared for litigation regarding the recovery of investments arising from a breach of contract between a Korean manufacturer of Covid test kits and a U.S. company
•Advised a U.S. tobacco company on the marketing of e-cigarettes in Korea
•Conducted international arbitrations as presiding arbitrator and arbitrator at the Korea Commercial Arbitration Board
Education
• B.A., Sociology, Harvard University, Magna Cum Laude (1977)
• Master of Public Administration (M.P.A.), Woodrow Wilson School of International Affairs, Princeton University (1980)
• J.D., UCLA School of Law (1984)
• National Policy Program, Seoul National University Graduate School of Public Administration (August 2006 – February 2007)
Qualifications
•Attorney at Law, California, U.S. (1984)
Publications
•Assimilation of Korean College Students (1980)
•The Role of Lawyers in the American Executive Branch (2003)
•Why Study American Law, Citizens and Lawyers (2004)
•The In-House Counsel System in the United States, Citizens and Lawyers (2005)
Practice Areas
•Head of Corporate Advisory
•M&A & Private Equity
•Arbitration/International Arbitration
•Litigation
•Energy, Logistics & Infrastructure
•International Contracts & Transactions
•Construction, Real Estate
•Healthcare and Medical Care
•International Trade
•Intellectual Property Rights
•International Projects
Languages
•Korean
•English