Hyung Sub Lim
Asia-Pacific Guide 2024
Expertise Based Abroad : General Business Law
Expertise Based Abroad
About
Provided by Hyung Sub Lim
Practice Areas
North Korea - general business law, Administrative Litigation , Financial Disputes, Construction Litigation
Career
Hyung Sub Lim is the head of Lee&Ko North Korea Practice Group at Lee & Ko. His practice focuses on the North Korea matters, sanctions and Inter-Korea Economic Cooperation. Currently, Mr. Lim works as an consultant for the Kaesong Industrial Complex Legal Consulting Committee and Special Committee on Unification Law of the Ministry of Unification, Special Committee for South and North Korea Law Studies of the Ministry of Justice, and the Seoul Bar Association’s Unification Legislative Affairs Special Committee, as well as the Chairperson of Committee for Studies in Inter Korea Relation Legislative Affairs under of Korean Bar Association’s Unification Studies Committee. Mr. Lim also handles various corporate matters such as complex business litigation, with emphasis on the following areas: representation of PF and other investment funds in litigations and arbitrations arising from corporate financing and securities transactions, real estate, construction, security regulations, banking, insurance and corporate governance.
Professional Memberships
Korean Bar Association, Seoul Bar Association
Publications
Necessity of Fostering Lawyers for Unification Korea (Korean Bar Association Newsletter No. 346 dated April 4, 2011); Articles of the Revised Bill on the Protection and Resettlement Support for North Korean Refugees (Co-author, Korean Bar Association, 2010); Legal Review of North Korea Sanctions for Recommencement of Inter-Korea Economic Cooperation – Focusing on Possibility of resuming Kaesong Industrial Region (2018); North Korea Sanctions and Prospects of Sanctions Alleviation (Co-author, KINU Policy Review 18-03, 2019); The Korean Peninsula Scenarios (Co-author, Sam & Parkers, 2019)
Personal
Sungkyunkwan University (LL.B, 2005) and Korea University School of Law(Master of Law in Financial Law, 2019), University of North Korean Studies (Ph.D Candidate in North Korea Studies, 2022)
Chambers Review
Asia-Pacific
Lim Hyung Sub advises public and private sector clients on international sanctions as well as policy review and implementation matters.
Strengths
Provided by Chambers
"He is known to have provided policy consultation to the South Korean Ministry of Economy and Finance, Ministry of Foreign Affairs, etc. He is widely known as an expert in North Korea-related matters."
"Lim Hyung Sub is able to respond excellently to various legal issues. In particular, he presents various ideas and advises on legal disputes on North-South relations, North-South economic cooperation, and Korea's reunification policy."
"He is known to have provided policy consultation to the South Korean Ministry of Economy and Finance, Ministry of Foreign Affairs, etc. He is widely known as an expert in North Korea-related matters."
"Lim Hyung Sub is able to respond excellently to various legal issues. In particular, he presents various ideas and advises on legal disputes on North-South relations, North-South economic cooperation, and Korea's reunification policy."
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