Partner
Avocat à la Cour, Member of the Luxembourg Bar, 2014 and the Brussels Bar, 1999
| 2004 | University of Pennsylvania Law School, Philadelphia, USA (LL.M.) |
| 1999 | Université Catholique de Louvain, Belgium (licence en droit) |
Speaks English, French, Korean
Chan is Director of the International Association of Korean Lawyers. He is a member of the International Bar Association (IBA) and the American Bar Association (ABA).
Chan has extensive experience in corporate and corporate finance transactions. His principal fields of activities are corporate law, mergers and acquisitions, cross-border reorganisation centred in Luxembourg, and implementation of complex corporate structures involving multiple jurisdictions. Chan regularly represents large groups of companies in the US, Europe, Asia, international financial institutions and private equity and venture capital houses in corporate and finance matters. He also has particular expertise in the coordination of multi-jurisdiction transactions involving foreign counsels and other advisors. Prior to joining MOLITOR, Chan worked with a major Benelux law firm in Brussels, as a senior associate, a Manhattan based law firm in New York City, as a foreign associate, a Big four firm in Luxembourg as a director and in another law firm in Luxembourg as a counsel.
Chan is recommended by The Legal 500 EMEA, stating that "'professional and knowledgeable' team head Chan Park has significant experience handling cross-border transactions for funds and corporates. "Chambers Global and Europe, listed him for his expertise in Corporate and M&A. Sources say: "He is passionate, client-oriented, kind, punctual and professional. We are very satisfied with his work," and they appreciate his "efficiency and quick thinking".
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 […]
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 […]
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 […]
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 […]
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.
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 […]
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 […]
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 […]
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 […]
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.
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 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.
By voting the bill No. 6625 on 16 July 2014 which became the law of 28 July 2014 regarding the immobilization of bearer shares, published in the Luxembourg Official Gazette (Mémorial) A No. 161, p. 2484 and seq., the Luxembourg law maker achieved its intention to comply with international standards on anti-money laundering obligations and […]
On 5 June 2014, the law bill No. 6595 on the patrimonial foundation (see, our Newsletter of August 2013) has been amended and a coordinated version has been published. The 15 amendments to the original law bill include the comments made by the Finance and Budget Commission (Commission des Finances et du Budget) and by […]
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 […]
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 […]
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 […]
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 […]
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.
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
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 […]
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 […]
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 […]
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 […]
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.
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 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.
A practical cross-border insight into lending and secured finance.
What reorganisation and bankruptcy processes are available for financially troubled debtors?
Retinete An hos faciat publico non omnium existimaretur amicorum se.
By voting the bill No. 6625 on 16 July 2014 which became the law of 28 July 2014 regarding the immobilization of bearer shares, published in the Luxembourg Official Gazette (Mémorial) A No. 161, p. 2484 and seq., the Luxembourg law maker achieved its intention to comply with international standards on anti-money laundering obligations and […]
On 5 June 2014, the law bill No. 6595 on the patrimonial foundation (see, our Newsletter of August 2013) has been amended and a coordinated version has been published. The 15 amendments to the original law bill include the comments made by the Finance and Budget Commission (Commission des Finances et du Budget) and by […]
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."
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.”