Ssangyong Motor Co., Ltd., ("Ssangyong"), one of the major automobile manufacturers in Korea, has continuously suffered from financial difficulties. As a result, in December 2020, Ssangyong applied for the commencement of rehabilitation procedures. Based on the press coverage, etc., Ssangyong's rehabilitation procedures will probably be commenced during the end of February or early March of this year via a prepackaged plan method.
Therefore, from the perspective of many German companies conducting business with Ssangyong (the "Partner Companies"), the commencement of rehabilitation procedures for Ssangyong is of great interest.
In cooperation with Yoon & Yang LLC, a major law firm in Korea, we invite you to a webinar on "Commencement of rehabilitation procedures for Ssangyong".
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