Mr. Byung Chang LEE is a partner at D&A LLC. His practice is primarily focused on Asset Tracing & Recovery and Financial Disputes.
Among his various representative activities, he acted as a legal counsel for Financial Supervisory Commission in respect to the various types of administrative litigation and sanctions against insolvent savings banks. Additionally, he acted as legal counsel for Emirates airlines, Lloyd's Register, and Valeo Bayen S.A.S related to asset tracing & recovery cases. He has an expertise required for foreign companies’ domestic disputes as well as Korean companies’ overseas disputes.
Represented Hanwha Asset Management and KB Bank in a lawsuit against Chinese and Hong Kong entities for the payment of forward premiums based on interest rate parity (IRP) arising from spot and forward exchange rate differentials in private equity investments.
Represented Meritz Securities in multiple damage claims involving alleged mis-selling of various private equity funds, including exhibition and ship investment funds.
Represented Meritz Securities and IBK Securities in litigation involving breaches of financial advisory agreements, involving claims for liquidated damages and compensation.
Represented Kiwoom Securities in a KRW 433.3 billion damages claim against conspirators and nominee account holders involved in the 2023 Youngpoong Paper stock price manipulation case.
Represented Meritz Securities against claims related to investment losses in a private fund-of-funds (FoF) targeting the funds managed by Honua Investment Management.
Represented Former Daewoo Securities in a damage claim regarding false or misleading disclosures in the securities registration statement of China Gaoxian Fibre Fabric Holdings.
Represented Former Daewoo Securities in a litigation involving damages caused by stock price manipulation of ELS underlying assets.
Represented Former Daewoo Securities in the Delta Information Technology stock manipulation case.
Represented NH Investment & Securities in a lawsuit brought by a professional trader who exploited a system error for mass option trading, involving disputes over the strict liability of financial institutions for computer system malfunctions.
Represented Hana Bank in a claim for return of purchase price based on an alleged breach of disclosure obligations in a non-performing loan (NPL) transaction.
Represented Korea Investment & Securities in a damage claim related to discretionary investment agreements involving Safe Asset Investment Advisory.
Represented Korea Investment & Securities in a claim of punitive liquidated damages due to the intentional interference with the fulfillment of conditions in a financial advisory agreement.
[Financial Advisory Matters]
Represented Kiwoom Securities on multiple TRS transactions involving offshore fund interests as underlying assets.
Represented Kiwoom Securities on the inclusion of self-underwritten or arranged securities into discretionary investment and trust assets.
Represented Kiwoom Securities on the sale of collective investment securities comprising Redeemable Convertible Preferred Stock (RCPS).
Represented Kiwoom Securities on matters involving credit exposure limits, treasury stock trusts, and the merger of Daou Technology affiliates.
Represented Kiwoom Securities on LP investments in a Cayman Islands Exempted Limited Partnership (ELP).
Represented Kiwoom Securities on potential damage liabilities related to DLS issuance tied to the German Heritage Fund.
Represented Kiwoom Securities on legal issues surrounding investment losses in funds managed by Hong Kong-based Gen2 Partners.
Represented the Export-Import Bank of Korea on syndicated loans for Myoung Shin Industry and Simwon Tech’s U.S. manufacturing plant investments.
Represented KDB and KEXIM on loan agreements for Ecoplastic Corporation.
Represented Meritz Capital on affiliate credit offerings, treasury stock trusts, and the merger of Daou Technology affiliates.
Represented Meritz Capital on financing through the issuance of foreign currency private placement bonds for non-financial companies.
Represented Meritz Capital on NPL-backed loans and related legal structures.
Represented Hyundai Motor Securities on investments in New Technology Business Investment Associations.
Represented Hyundai Motor Securities on the underwriting of private placement bonds.
Represented Hyundai Motor Securities on disclosure obligations resulting from the surviving-split merger of an affiliate.
Represented Hyundai Motor Securities on trust business licensing conditions following the sale of PF loan receivables.
[Asset Recovery]
Represented Emirates and multinational insurance companies such as ACE American Insurance (U.S.A.), QBE Corporate Limited (U.K.), Zurich Insurance Public Limited Company (Ireland), and Dubai Islamic Insurance and Reinsurance Company PSC (Dubai) in civil, and enforcement matters totaling KRW 36 billion in Korean and U.S. courts.
Represented Japanese-Korean clients on deposit return and damage claims arising from a KRW 67.2 billion embezzlement case involving a former branch manager of the Korea Exchange Bank.
Represented Lloyd’s Register, a ship and machinery certification firm in the United Kingdom, in respect to disputes related to asset recovery and certification.
Represented Valeo Bayen, a leading automotive parts manufacturer in France, in respect to disputes related to loyalties and governance with domestic automotive parts companies.
Represented Valeo Autosystemy Sp. z o.o. (Poland) and Valeo Systèmes d’Essuyage S.A.S. (France) on royalty disputes against a domestic Korean auto parts manufacturer.
Represented Valeo Bayen S.A.S. (France) on disputes concerning a shareholders' agreement with a domestic Korean auto parts manufacturer.
Represented COFACE, a French multinational insurance company, on an arbitration case seeking reimbursement under a reinsurance agreement against Jacinto Color Steel Inc., a Philippine entity.
International Fraud & Asset Tracing 2025 Guide (South Korea), Chambers & Partners, 2025
International Fraud & Asset Tracing 2024 Guide (South Korea), Chambers & Partners, 2024
Recent Virtual Asset Recovery Issues in South Korea, Chambers & Partners, 2023
International Fraud & Asset Tracing 2023 Guide (South Korea), Chambers & Partners, 2023
International Fraud & Asset Tracing 2022 Guide (South Korea), Chambers & Partners, 2022
Fractional Investment and Investment Contract, Mondaq, 2022
The Legal Issues on Search and Seizure of Lawyer Offices, KBA Legislation Research Institute, 2020 (Co-authored)
Research on Attorney Fees in the United States, KBA Legislation Research Institute, 2018 (Co-authored)
Research on the Partnership System between Lawyers and Non-Lawyers, KBA Legislation Research Institute, 2018 (Co-authored)
Research on Anti-Money Laundering, KBA Legislation Research Institute, 2017 (Co-authored)
Research on the Internal Audit, KBA Legislation Research Institute, 2017 (Co-authored)
Research on Judges and Prosecutors Practicing Law in the U.S., U.K., Germany and Japan, KBA Legislation Research Institute, 2016 (Co-authored)
Research on the Appointment and Election of Judges and Prosecutors in the U.S., U.K., Germany, and Japan, KBA Legislation Research Institute, 2016 (Co-authored)
A Shift in the Korean Banking and Finance Market, Inside the Minds Series, Aspatore, 2011
Issues in KIKO Case and Relevant Recent Precedents, Legal Times, 2009
[Presentations & Lectures]
Speaker, “Comparison of Multilateral Development Banks Sanction and Unfair Business Operator Sanctions”, IAKL Criminal Law Session, September 2023
Speaker, “DOs and DON’Ts of Litigation in Offshore Jurisdictions”, C5 Fraud, Asset Tracing and Recovery, Hong Kong, June 2018
Speaker, “Summary of Asset Tracing Issue in Korea”, IAKL Criminal Law Session, September 2017
