The Korean Bar Association (KBA), led by President Kim Jeong-wook, announced on July 3 that it will hold the "2026 KBA Academic Conference" on July 4 at 1:30 PM at the KBA headquarters seminar room in Gangnam, Seoul. The conference will focus on the theme of "Comparative Legal Frameworks for Early Business Rehabilitation" to discuss legal foundations that can assist struggling companies in proactively recovering in a rapidly changing economic environment.
The event is co-hosted by the KBA's Human Rights and Justice Committee, chaired by Yoo Jung-won, and the Bankruptcy Lawyers Association, led by Jo Dong-hyun. It will particularly highlight Japan's "Early Business Rehabilitation Law," introduced in 2025.
The Bankruptcy Lawyers Association is a professional organization that addresses bankruptcy law, alongside the Korean Bankruptcy Law Society and the Korean Bankruptcy and Rehabilitation Lawyers Association. It specializes in debtor relief and bankruptcy procedures, conducting academic and practical research in the field.
Through this conference, the two organizations aim to explore legal and practical issues related to early rehabilitation for domestic businesses by comparing the laws of major countries, including Korea, the UK, and Germany. The KBA has been holding annual academic conferences since 2020 to promote legal knowledge and enhance the capabilities of lawyers.
The conference will consist of four sessions. In the first session, Hiromasa Nakajima, an honorary professor at Keio University in Japan, will present an overview of Japan's 2025 Early Business Rehabilitation Law. The second session will feature Choi Jeong-im, a lecturer at Shinshu University in Japan, who will analyze the principle of majority rule in private rehabilitation procedures, comparing Japan's early rehabilitation law with Korea's Corporate Restructuring Promotion Act. Kim Yoo-sung, a professor at Yonsei University Law School, will serve as the moderator, with attorneys Lee Eun-sung and Kim Yong-hyun participating as discussants.
In the third and fourth sessions, Junko Uezu from Okinawa International University and Hiroki Tamai from Tohoku University will present on the legal systems of the UK and Germany, respectively, comparing them with Japan's new law. Following their presentations, Jeong Young-jin, a professor at Inha University Law School, will moderate a discussion featuring attorneys Park Gyu-hee and Jo Dong-hyun to derive practical implications for domestic practice.
A KBA official stated, "We hope this conference will serve as a meaningful opportunity to review current issues in our country's bankruptcy laws through comparative analysis with other nations and seek effective improvement measures. We will continue to actively contribute to domestic system improvements while maintaining a keen interest in global legal trends."
* This article has been translated by AI.
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