Education

Stanford Law School, J.D., 1991

Dartmouth College, B.A., 1988

Admitted

New York

Memberships

American Bankruptcy Institute

Turnaround Management Association

Joon P. Hong is a partner in Chapman's Bankruptcy and Restructuring Group. He joined the firm in 2013.

Joon focuses his practice on bankruptcy and restructuring transactions and in matters related to investments in high-yield and distressed assets. He represents private funds, investment banks, and other financial institutions in all aspects of complex bankruptcy proceedings, including the purchase of assets in “363 sales,” debtor-in-possession financings, exit financings, avoidance litigations, and claims trading and reconciliation process.

Joon has also advised clients participating in global secondary markets for troubled and non-performing assets and claims, and has provided transactional and strategic guidance to clients that originate, restructure and trade syndicated bank loans, distressed bonds, and claims against defaulted obligors and debtors in bankruptcy. In addition, he has assisted clients in assessing credit risks and advises them in enforcing their rights and remedies to achieve their business and investment goals.

Representative Transactions

Joon's prior experience includes the representation of clients in the following matters:

  • Represented the agent and lenders in the restructuring and acquisition of an after-market auto parts supplier
  • Advised hedge funds and investment banks acquiring, trading, prosecuting and defending claims in major bankruptcies
  • Represented private fund in providing debtor-in-possession financing to an auto-parts manufacturer in bankruptcy and in the acquisition of the manufacturer through a 363 bankruptcy sale
  • Represented private fund in the acquisition of secured debt and in the financial restructuring of a fragrance company with both U.S. and foreign subsidiaries
  • Represented investor in the restructuring of senior debt of a cross-Atlantic passenger airline company
  • Represented the court-appointed receiver of a failed investment firm
  • Represented private fund in the acquisition by UCC-9 foreclosure sale of a company, which provided publishing and information services to the financial services industry, and in the subsequent sale of the company to an industry purchaser

Publications

Presentations

  • "The Restructuring of a Distressed Company"
  • "Distressed Lending and Strategic Investment: A Cautionary Tale"
  • The 3rd Global Distressed Debt Investor Forum
  • Distressed & Turnaround Investment Conference