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Chan PARK

Position

Partner
Avocat à la Cour, Member of the Luxembourg Bar, 2014 and the Brussels Bar, 1999

Education
2004 LL.M., University of Pennsylvania Law School, Philadelphia, USA 
1999 Bachelor's degree in law, Université Catholique de Louvain, Belgium
Languages

English, French and Korean

Associations

Chan is a member of the International Bar Association (IBA), the American Bar Association (ABA) and the International Association of Korean Lawyers, where he served as member of its Board of Directors.

Expertise

Chan is Head of our Corporate & M&A practice group and has extensive experience in corporate M&A and corporate finance transactions. His principal fields of activities are mergers and acquisitions, focusing on commercial, industrial and regulated targets in Luxembourg, assistance of foreign group of companies in setting up their new business entity in Luxembourg, cross-border corporate reorganisation centred in Luxembourg, and implementation of complex corporate structures involving multiple jurisdictions. Chan regularly represents large and medium sized groups of companies in the US, Europe, Asia, in setting up their operating or holding entities in Luxembourg. He also has particular expertise in the coordination of multi-jurisdiction transactions involving foreign counsels and other advisors.

Prior to joining MOLITOR in 2013, Chan worked with a major Benelux law firm in Brussels, a Manhattan based law firm in New York City, a Big four firm and its legal law firm in Luxembourg.

Recommendations & Listings

Chan has been individually ranked since 2016 by Chambers Global and Europe in Corporate and M&A. Sources say: "He is passionate, client-oriented, kind, punctual and professional. We are very satisfied with his work." and “very responsive and proactive”.

Chan is also described as “committed and responsive” providing “pragmatic advice” (The Legal 500), “punctual, competent, problem-solver” and “he is very well equipped to assist M&A transactions” (IFLR 1000). He is recognised as a “highly regarded” lawyer in Corporate by IFLR1000.

Related News & Publications

IBA Annual Conference Paris 2023

12 October 2023

  Our team will be attending the IBA Annual Conference 2023 in Paris. If you plan to attend and would like to exchange on Luxembourg legal opportunities and challenges, contact us at: iba@molitorlegal.lu

A new law to rule non-profit associations

28 September 2023

On 23 September 2023, the law of 21 April 1928 on non-profit associations and foundations was repealed and replaced by the brand-new law of 7 August 2023. 1. Legal innovations This new law notably includes certain changes for Luxembourg non-profit associations (ASBLs), the major ones being the following: It is no longer necessary to annually […]

ASBLs régies par une nouvelle loi

28 September 2023

La loi du 21 avril 1928 sur les associations et les fondations sans but lucratif est maintenant abrogée, remplacée par la toute nouvelle loi du 7 août 2023 sur les associations sans but lucratif et les fondations. Les modifications de cette nouvelle loi sont entrées en vigueur le 23 septembre 2023. 1. Nouveautés Cette dernière […]

A NEW NATIONAL SCREENING MECHANISM FOR FOREIGN DIRECT INVESTMENTS

19 July 2023

A new law dated 14 July 2023 establishing a national screening mechanism for foreign direct investments that may undermine security or public order for the purpose of implementing Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for screening foreign direct investments in the Union, as […]

A NEW LAW FOR COMPANIES INTRODUCING THE USE OF DIGITAL TOOLS AND PROCESSES

04 July 2023

A new law of 7 July 2023 amending notably the law of 10 August 1915 concerning commercial companies, with a view to transposing Directive (EU) 2019/1151 of European Parliament and of the Council of 20 June 2019 regarding the use of digital tools and processes in company law, has been published on 18 July 2023 […]

A NEW PROCEDURE FOR ADMINISTRATIVE DISSOLUTION WITHOUT LIQUIDATION

28 February 2023

On 1 February 2023, the law of 28 October 2022 creating the administrative dissolution procedure without liquidation, published on 4 November 2022 in the Official Journal, came into effect. Official statistics do not yet reflect an immediate application of the new law during the first month in which it took effect, which is to be […]

La loi du 23 septembre 2020 portant des mesures concernant la tenue de réunions dans les sociétés et dans les autres personnes morales, a finalement expiré le 31 décembre 2022

02 January 2023

And there it silently ends The law of 23 September 2020 regarding measures for the holding of meetings in companies and other legal entities, amended several times notably in order to have its effects extended in time, finally expired on 31 December 2022. As of now, general meetings and meetings of other corporate bodies (such […]

Non-application of the restrictions on financial assistance to private limited liability companies (sociétés à responsabilité limitée)

13 August 2021

COVID-19 AND ANNUAL GENERAL MEETING: A PRACTICAL HANDBOOK

27 May 2021

Newsflash – Register of Beneficial Owners: Extension of deadline for declarations

30 August 2019

Pursuant to the Luxembourg law of 13 January 2019 establishing a beneficial owner register (Deriving from EU Directive 2015/849, as amended by EU Directive 2018/843), the targeted entities (“entitées immatriculées”) falling within the scope of this new law must until 31 August 2019 fulfil their legal disclosure obligations regarding the relevant information on their beneficial […]

Register of Beneficial Owners in Luxembourg – A new disclosure obligation for Luxembourg companies

18 January 2019

Deriving from EU Directive 2015/849, as amended by EU Directive 2018/843, Luxembourg has implemented a new law concerning the creation of a register of beneficial owners and a new disclosure obligation notably for most commercial companies. Any entity falling within the scope of this new law will have until 1 September 2019 to comply with […]

Shareholders’ Rights and Obligations

10 January 2018

MOLITOR has contributed to the Globe Law and Business Global Guide to Shareholders’ Rights and Obligations. The role of a shareholder may depend on the type of company, but also on the type of shareholder, the type of shares, and the articles of incorporation and shareholders agreements.  

Rankings: IFLR1000 has ranked MOLITOR

18 October 2017

IFLR1000 ranked MOLITOR in Financial Corporate and in Investment Funds, and Michel Molitor and Chan Park have been recognised as highly regarded lawyers. Read more   

Reform of the Luxembourg Company Law – Issue #3 – Sociétés à Responsabilité Limitée

04 October 2016

This newsletter supplements the previous ones on the Luxembourg act reforming company law dated 10 August 2016, as published in the Luxembourg Official Gazette on 19 August 2016 and which came into force on 23 August 2016 (the “Law”), with respect to the main changes impacting the regime of Luxembourg private limited liability companies (sociétés […]

Reform of Luxembourg Company Law – Issue #2 – Sociétés Anonymes

10 August 2016

As anticipated in our newsletter of July 2016, on 13 July 2016 the House of Representatives (Chambre des Députés) passed an important set of amendments to Luxembourg company law, by approving the long-awaited draft bill of law No. 5730. This bill was adopted on 18 July 2016 (as the requirement of a “double approval” by […]

Reform of Luxembourg Company Law

30 July 2016

On 13 July 2016 the House of Representatives (Chambre des Députés) passed an important set of amendments to Luxembourg company law, by approving the long-awaited draft bill of law No. 5730. This bill was adopted on 18 July 2016. The new law, yet to be published in the Luxembourg Official Gazette, impacts mainly the Luxembourg […]

“RESA” – Amendments to the legal and regulatory framework applicable to the Trade and Companies Register

01 July 2016

On 24 March 2016, the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés – “RCS”) issued Circular RCSL 16/01 concerning the main amendments to the legal and regulatory framework applicable to the Luxembourg Trade and Companies register (the “Circular”). The Law, the Grand-Ducal Regulation and the Ministerial Regulation came into force on […]

Entreprise Magazine: La société à responsabilité limitée simplifiée à 1 EUR

01 May 2015

Quelles réelles perspectives pour les entrepreneurs et start-up au Luxembourg? Ces dernières années, plusieurs pays membres de l’Union européenne, tels que la France avec l’EIRL (Entrepreneur Individuel à Responsabilité Limitée), la Belgique avec la SPRL-Starter ou encore l’Allemagne avec la Mini-GmbH, ont pris des mesures visant à rendre la création d’entreprise plus flexible.

A simplified version of the limited liability company: A boost for start-ups and small size entrepreneurs

01 February 2015

The Luxembourg Government finally decided to follow in the footsteps of its European neighbours and to simplify the formalities relating to company creation for SME entrepreneurs.

The Dispute Resolution and Litigation Review 2015

01 February 2015

The Dispute Resolution Review covers 48 countries and territories. Disputes have never respected national boundaries and the continued globalisation of business in the 21st century means that it is more important than ever before that clients and lawyers look beyond the horizon of their home jurisdiction.

What they say about him

Corporate & M&A market perception

Chambers Global 2019

Chambers Global 2019 ranked MOLITOR for their expertise in Corporate & M&A and Chan Park often advises on Luxembourg aspects of cross-border M&A deals, and is especially able to assist with mandates relating to South Korea. Sources appreciate his efficiency and quick thinking, with one saying "I always felt he would respond to our needs. He faced every difficulty that came up during the transaction efficiently and was very helpful."

Corporate and M&A – Market Perception

Chambers Global 2017

Chambers Global 2017 ranked MOLITOR Avocats Luxembourg for their expertise in Corporate/M&A. Michel Molitor and Chan Park are included among the leading individuals and sources praised Chan Park, saying that: "He is passionate, client-oriented, kind, punctual and professional. We are very satisfied with his work.”

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