Yoon Ji-sang Managing Attorney, spotlighted in Legal Newspaper’s feature article on ‘corporate-related family litigation’ — joins the plaintiff counsel team in the Smilegate divorce lawsuit

— Inheritance and divorce disputes involving conglomerate-owner families, the ‘class’ of major law firm experts draws attention

Hello. This is Law Firm Jonjae.

Legal Newspaper, a leading journal in the legal community, reported a feature article spotlighting major law firm experts involved in corporate-related family litigation. In this article, Yoon Ji-sang, Managing Attorney of Law Firm Jonjae, was introduced as one of the leading experts in family law litigation.

Corporate-related family litigation: why is its ‘class’ different?

Inheritance disputes and property division cases such as divorce arising within the families of conglomerate owners are not simple family cases. The assets at stake in the lawsuits can range from hundreds of billions to trillions of won, and complex legal issues are intertwined, including the valuation of unlisted shares and changes in corporate governance. For that reason, major law firms are also bringing capable specialists to the forefront in order to secure these cases.

The Legal Newspaper article introduced the backgrounds and expertise of representatives on both sides using examples such as the LG family inheritance dispute, the divorce lawsuit between SK Group Chairman Choi Tae-won and Art Center Nabi Director Noh So-young, the divorce lawsuit of Smilegate CVO Kwon Hyuk-bin, and the BYC inheritance dispute.

Yoon Ji-sang, Managing Attorney, joins the plaintiff counsel team in ‘Korea’s largest divorce lawsuit’

Drawing on his background as a former chief judge of the family court, Yoon Ji-sang, Managing Attorney of Law Firm Jonjae, has joined and is participating on the plaintiff counsel team in the divorce lawsuit filed by Ms. Lee against Smilegate founder Kwon Hyuk-bin CVO.

This case has drawn attention as ‘Korea’s largest divorce lawsuit’, with the equity value of Smilegate Holdings, an unlisted company, estimated at up to 8 trillion won, surpassing the Choi Tae-won · Noh So-young divorce lawsuit. On the plaintiff side, family-law boutique firms such as Gaon, Jonjae, and Soongin are in place to form an ‘all-star counsel team,’ while the defendant side is represented by Hwawoo.

A lawyer who knows the court’s perspective stands on the client’s side

In corporate-related family litigation, high-level expertise is required, including methods for valuing unlisted shares, the impact on corporate governance, and proof of asset concealment. Knowing which valuation methods the court focuses on and which issues determine the outcome is strategy itself.

Yoon Ji-sang, Managing Attorney, has firsthand experience hearing numerous family cases while serving as a chief judge at the Seoul Family Court and the Daejeon Family Court. That perspective is directly reflected in the client’s strategy. This is why Law Firm Jonjae was chosen in Korea’s largest divorce lawsuit.

The full article can be found on the Legal Newspaper website.