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[Corporate Advisory] Barun Law successfully finalizes spinoff of Erae Automotive Systems Co., Ltd. 3/7/2018

Erae Automotive Systems Co., Ltd. (“Erae Automotive Systems”), a producer of core auto parts and modules, including, without limitation, air handling units, braking units, driving gears, steering systems, electronic units, engine parts, and electronic control units, recently sought to separate its air handling business, electronics and chassis business into two so as to effectively respond to the changes in the industry and market.  The corporate spinoff was successfully finalized its on October 11, 2017 based on the legal advice provided by the Corporate Advisory Practice Group of Barun Law LLC (Attorneys Won Sik Yoon, Jae Woong Choi, Jung Min Hong).


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