Daeryuk Ajou, led by managing partner Lee Gyu-cheol, said it signed a memorandum of understanding on the 28th with the federation, chaired by Song Chi-young, at the Small Business Digital Center in the Dohwa-dong area of Seoul’s Mapo District.
Attending from Daeryuk Ajou were managing partner Kim Jin-dong and attorney Kim Seung-jin. The federation was represented by standing vice chairman Lee Wang-jae and team leaders Jeong Yun-ho and Kim Hyo-jin.
Under the agreement, the federation will identify small business owners who are closing their businesses or who have suffered from unfair trade practices and request support from Daeryuk Ajou. The firm will provide legal advice and services aimed at securing relief for those affected. Daeryuk Ajou also said it will work with the federation and its member companies to help address legal issues that arise during business operations.
Kim said he hopes the agreement will provide “practical help” to small business owners in legal blind spots. “Based on Daeryuk Ajou’s professional legal capabilities, we will do our best to create an environment where small business owners can focus on their livelihoods with peace of mind,” he said.
Daeryuk Ajou said it was selected this year as an operator of a legal support program run by the Small Enterprise and Market Service. The firm said it is providing legal advice and debt restructuring assistance to small business owners preparing to close, and legal support for relief efforts for those harmed by unfair trade practices.
Small business owners seeking legal advice and debt restructuring related to closures can apply through the Hope Return Package website (sbiz.or.kr/nhrp/main.do). Applications for relief support, including counseling and litigation assistance related to unfair trade practices, can be made through the Unfair Trade Damage Counseling Center website (sbiz.or.kr/unfair/main.do) or by phone.
In-person consultations are available by appointment with the 담당 변호사 at Donghun Tower, 8th floor, 317 Teheran-ro, Gangnam District, Seoul.
* This article has been translated by AI.
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