HBL
HANBYOL LAW LLC

News & Insights

Back to List
뉴스2023년 11월 13일

[Attorney Sungwoo Lee] Outstanding Lawyer at Law, Sanghoon Kim, Hyunggeol Ban, Soo Won Oh, and Lee...

[로리더 2023.11.13th article]

◇ Attorney Lee Sung Woo = Focusing on the widespread fraudulent accounting practices of savings banks during the 2011 savings bank crisis, including the manipulation of BIS ratios, subordinated debt investors' claims against the savings banks for fraudulent accounting damages are likely to be partially distributed in bankruptcy proceedings on a par with other general creditors, Pioneered the first post-crisis litigation against Samhwa Savings Bank, its officers, its external audit firm, and its employee employer, KUMGAMWON, which was actually convicted of fraud and fraudulent misrepresentation against an officer of the savings bank.

In the end, the tedious five-year battle helped set the precedent that subordinated debenture investors could receive the same relief as other depositors. In addition, in the Dongyang case in 2013, we filed many lawsuits on behalf of hundreds of Dongyang corporate bond, CP, and other investors and won numerous victories and the only Supreme Court victory in the damages case, and we have long been an exemplary defense counsel in multi-party plaintiff cases with multiple victims, each with a small amount of damages, such as a number of small investors' lawsuits against Value Invest Korea (VIK), an unauthorized financial investment company, and an unlisted stock company in which VIK invested, and won victories.

As a member of the (Early) Mediation Committee of the Seoul District Bar Association, Mr. Lee was assigned a number of mediation cases for six years, from September 2016 to September 2022, and established mediation, and even if mediation was not established, he did his best to ensure smooth litigation thereafter by preparing detailed mediation performance reports. He also served as the Chairman of the External Cooperation Committee of the Seoul District Bar Association (appointed on February 23, 2021), contributing to the development of his local bar association.

Source: LawLeader (http://www.lawleader.co.kr/)