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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".



AGENDA



  • Brief overview of the process governing Ssangyong's rehabilitation procedures
  • How the Partner Companies' claims will be treated from a legal perspective in Ssangyong's rehabilitation procedures
  • The measures that the Partner Companies should take during Ssangyong's rehabilitation procedures in order to protect their claims
  • Advice as to how the Partner Companies should respond to the issue of supplying products to Ssangyong while Ssangyong's rehabilitation procedures are on-going



DETAILS



  • Cost: Free for KGCCI Members
  • Registration deadline: Monday, 15. February 2021, 3:00 pm
  • The access link will be shared before the event.

Speakers

Joon Oh Jo

Attorney at Yoon & Yang LLC

Jenny JH Kim

Foreign Attorney at Yoon & Yang LLC

ORGANIZER