Korean Attorney
- TEL +82-2-6200-1731
- FAX +82-2-6200-0811
- E-MAIL sjbae@jipyong.com
Mr. Seong Jin Bae heads the Litigation Practice at JIPYONG. Mr. Bae is a leading practitioner in the areas of securities, finance, insurance, bankruptcy and restructuring. Mr. Bae is one of the highest-ranked litigators in Korea and an authoritative commentator on bankruptcy and corporate restructuring laws.
Mr. Bae has an unparalleled reputation for successfully resolving highly complex legal challenges. He has successfully litigated numerous landmark cases including a matter of first impression concerning abolishment of bankruptcy proceedings by agreement. Mr. Bae has argued and advanced unprecedented legal theories regarding the right of denial, cancellation of executory contracts, and limitations on creditor’s setoff rights, and, as a result he is considered to have materially contributed to Korean bankruptcy jurisprudence.
Mr. Bae’s expertise also includes securities and insurance disputes. He successfully overturned the lower Court’s ruling in a high-profile appellate case involving investment trusts, and distinguished himself in large-scale lawsuits, including those involving investment trusts related to the duty of care of asset management companies, disputes over the incomplete sale of financial investment products, and disputes between financial institutions in connection with work-outs. He also represented Royal & Sun Alliance Insurance Company in a complex litigation involving an automobile loan insurance claim, and regularly advises major domestic insurance companies and foreign reinsurance companies.
Mr. Bae is an adjunct professor at Korea University School of Law. He received the Anam Lecture Award from the law school in 2017. He also serves on the Dispute Mediation & Deliberation Committee of Korea Exchange and is a member of Korea Securities Law Association.
Mr. Bae holds an LL.M. from the University of Minnesota School of Law.
Education Close
- 2008 Completed financial law (insurance law) course at Center for Financial Law, Seoul National University
- 2005 University of Minnesota School of Law (LL.M.)
- 1995 Seoul National University (LL.B.)
Experience Close
- 2000-Present JIPYONG LLC (Partner)
- 2007-Present Member, Korea Securities Law Association
- 2021-2023 Member, Active Administrative Committee, Financial Services Commission
- 2015-2020 Adjunct Professor, Korea University School of Law
- 2015-2019 Member, Dispute Mediation & Deliberation Committee, Korea Exchange
- 2005Passed the New York bar examination
- 1999 Associate, Shin & Kim
- 1999 Judicial Research and Training Institute, Supreme Court of Korea
Notable Achievements Close
- Overturned Supreme Court precedent with a Supreme Court en banc decision related to scope of lessee’s liabilities for damage caused by fire in the leased building
- Represented an asset management company in a damages claim in the amount of scores of billions of won by investors in a vessel fund
- Represented many securities companies in large-scale lawsuits involving incomplete sale of financial investment products, breach of duty to explain, churning, discretionary trading, and employer’s liabilities.
- Represented many insurance companies in lawsuits involving duty to inform, duty to notify, duty to explain, and interpretation of insurance terms and conditions.
Honors and Recognitions Close
- 2017, 2019, 2021, 2023Leading Lawyer in Insurance Practice, Legal Times
- 2022Leading Lawyer in Dispute Resolution & Litigation, Legal Times
- 2019Anam Lecture Award, Korea University School of Law
- 2019Lawyer of the Year in Insurance Practice, Legal Times
- 2017Anam Lecture Award, Korea University School of Law
- 2007One of the Top Lawyers in civil cases, Chosun Ilbo
Speaking Engagements and Publications Close
- 2023Financial Consumer Protection Act Commentary (Co-author), Pakyoungsa
- 1999Acquisition of Real Estate by Prescription, Judicial Research and Training Institute
Bar Admissions & Qualifications Close
- 1999Korea
Languages Close
Korean / English