Rehabilitation M&A

Through M&A within corporate rehabilitation proceedings, we preserve the value of distressed companies
and design optimal rehabilitation solutions for all stakeholders.

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Overview

M&A within corporate rehabilitation proceedings operates in a fundamentally different legal environment from ordinary transactions. Deals must be executed under complex constraints — including court confirmation, creditor committee approval, and alignment with the rehabilitation plan — all under significant time pressure.

PYEONG AN's rehabilitation court practitioners and M&A specialists work in close collaboration to provide a seamless, one-stop service: from participating in acquisition bids and structuring M&A terms within the rehabilitation plan, to navigating court confirmation proceedings and advising on post-acquisition business normalization.

We have extensive hands-on experience across a range of transaction structures, including stalking horse public auctions and plan-linked M&A (P-Plan). Having advised both acquirers and sellers (court-appointed administrators), we bring a well-balanced perspective that enables us to lead complex rehabilitation transactions to a successful close.

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Key Practice Areas

  • Bid participation and acquisition advisory in rehabilitation proceedings
  • Structuring plan-linked M&A (P-Plan) within rehabilitation plans
  • Advisory on stalking horse sale processes
  • Sale-side advisory for administrators and preferred bidder selection
  • Court confirmation proceedings in the rehabilitation court
  • Post-acquisition business normalization and debt restructuring advisory
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Key Members

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Awards & Recognition

Legal 500 Asia Pacific 2026 Top-Tier Firm in 16 Practice Areas
Chambers Asia-Pacific 2026 Band 1 in Key Practice Areas
IFLR1000 2026 Tier 1 in M&A, Restructuring and Finance
Korean Bar Association Commendation for Excellence in Legal Services
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Recent News