Hoseok Jung

Hoseok Jung
Partner

E-MAIL

hoseok.jung@seumlaw.com

TEL

+82.2.562.3133

FAX

+82.2.562.3393

Practice Area

  • M&A, domestic and cross-border investment, corporate governance, shareholder/management disputes, venture capital, startup and emerging companies, joint ventures, securities, blockchain, cryptocurrency, initial coin offerings

Qualification

  • 2009 Korea

Education

  • 2009 Judicial Research and Training Institute, the Supreme Court of Korea
  • 2000 Seoul National University
  • 1995 Seoul Science High School

Hoseok is a co-founder and the managing partner of SEUM. His practice focuses on corporate law, capital-raising, mergers & acquisitions and securities and he represents public and private companies in industries such as software, hardware, information technology, blockchain/cryptocurrency, startup incubation and fintech. Hoseok is the leading attorney in Korea with respect to startup and emerging companies and venture capital funds advising on a broad range of matters such as early financing, pre-IPO capital raising, IPO, eventual sale, and regulatory compliance.

Hoseok has a degree in mechanical engineering, is active in the startup community where he has co-founded an accelerator and frequently speaks on issues in the technology field, and advises on legislation for emerging industries such as cryptocurrency. Prior to SEUM, Hoseok worked at one of Korea’s leading traditional law firms, where he represented and advised a number of Korean and international corporations and investors in connection with M&A and investment matters.

Experience
  • 2018-present
    Korea Bar Association Blockchain TF, Chairman
  • 2018-present
    Tezos Korea Foundation, Director
  • 2012-present
    SEUM
  • 2009-12
    Shin & Kim
Representative Matters

Blockchain / Cryptocurrency

  • Represented MediBloc, a Gibraltar-based digital healthcare company, in connection with its initial coin offering of 5 billion MED tokens (ticker symbol MED)
  • Represented Cube Intelligence, a UK-based network security company for regular and self-driving automobiles, in connection with its initial coin offering (ticker symbol AUTO)
  • Represented Huiseoul, a Hong Kong-based cosmetics e-commerce company, with respect to its initial coin offering of 500 million COSM tokens (ticker symbol COSM)
  • Advise Korbit, one of the largest Korean cryptocurrency exchanges, in connection with regulatory and general corporate matters
  • Advise Huobi Korea, the Korea subsidiary of a Singapore-based cryptocurrency exchange that is one of the largest in the world, in connection with regulatory and general corporate matters 
  • Advise Hashed, a leading Korea based crypto investor and accelerator, in connection with investment, regulatory and crypto fund matters
  • Advise Block.one, a Hong Kong-based software publisher specializing in blockchain technologies such as EOSIO (an open-source blockchain protocol designed to enable secure data transfer and decentralized applications), in connection with regulatory and crypto fund matters
  • Advise Coin Manager, an online crypto wallet company, in connection with regulatory and general corporate matters


General Startup Matters

  • Advise and represent 500 Startups, a US-based early-stage venture fund and seed accelerator, in connection with regulatory and general corporate matters, as well as investment financing 
  • Advise and represent ZOYI Corporation, a retail data analytics company focusing on online and offline commerce, in connection with regulatory and general corporate matters, as well as investment financing 
  • Advise and represent MangoPlate, Inc., a review forum which publishes crowd-sourced reviews about local dining options via a mobile app, in connection with regulatory and general corporate matters
  • Advise and represent D.CAMP, a startup accelerator, in connection with investment, employment and general corporate matters
  • Advise and represent Fast Track Asia, a startup accelerator, in connection with investment, employment and general corporate matters
  • Advise and represent The Ventures, a startup accelerator, in connection with investment, employment and general corporate matters
  • Advise and represent FuturePlay, a startup accelerator, in connection with investment, employment and general corporate matters


M&A / Venture Capital / Investment

  • Represented NAVER Corporation, a publicly listed leading internet portal and mobile company that provides services and content in various areas such as video platforms, community apps, AR camera content platform, translation, web browsing and mapping, in connection with its acquisition of Audion Sori, an audio book producer and publisher 
  • Represented LINE Corporation, a Japan-based mobile messaging and communication services platform company that provides services in various areas such as messaging, communication and content sales, and advertising services, in connection with its acquisition of Wit Studio, a company that develops software for UI designers and developers
  • Represented NHN Entertainment Corp., a publicly listed developer, publisher and distributor of mobile and PC games, in connection with its acquisition of Ticketlink, an online ticket reservation platform
  • Represented shareholders of Hello Nature, an online agriculture-based farm to consumer distribution service, in connection with its sale of shares to SK Planet, a subsidiary of Korean conglomerate SK Telecom that focuses on internet platform development
  • Represented Fluenty, a Korean startup developing interactive artificial intelligence platforms, with respect to the sale of its key technology and assets, as well as transfer of its employees, to Samsung Electronics
  • Represented shareholders of Fly&Company Inc., the company operating mobile food delivery app Foodfly, in connection with sale of their shares to RGP Korea, the Korea-arm of Berlin-based Delivery Hero Group
  • Represented Toss Lab, a startup that developed JANDI (a workplace productivity platform), in connection with funding round from SBI Investment, KDB Korea Development Bank, Daekyo Investment, and Evergreen Investment Partners
  • Represented ZOYI Corporation, a retail data analytics company focusing on online and offline commerce, in connection with its Series B funding round from both Korean and international venture capital funds such as Global Brain and Colopl Next
  • Represented shareholders of Bungaejangter Inc., one of the then-largest community-powered online shopping platforms, in connection with a sale of shares to NAVER Corporation, a publicly listed leading internet portal and mobile platform services company
Publications
  • ICLG Guide to: Telecoms, Media & Internet Laws & Regulations 2018, Korea Chapter (11th Edition, Global Legal Group)
Language
  • Korean, English