William Park

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William Park heads Covington's Seoul office.  His experience includes representing companies and financial institutions on a range of matters including mergers and acquisitions, financing and real property transactions, corporate reorganizations, EPC contracts, Energy projects, and antitrust investigations in the US and EU.

Latest Articles

Bulk Sale Notification Requirements Apply To Deed in Lieu of Foreclosure Based upon the findings of the Tax Court in N.J. Hotel Holdings, Inc. v. Dir., Div. of Taxation, 15 N.J.Tax 428, 437 (Tax Ct. 1996), the New Jersey Division of Taxation is enforcing recent changes in the New Jersey bulk sales notification requirements contained in N.J.S.A. 54:50-38 on the basis that such requirements apply to deeds in lieu of foreclosure (“deeds in lieu”) of…
Introduction Recent changes to the bulk sales notification requirements under New Jersey law have resulted in the application of these requirements to a wider array of real estate transactions and this means that New Jersey real estate attorneys must now, in the greater majority of cases, comply with New Jersey’s bulk sales notification requirements prior to, and as a condition of, closing. Failure to do so will mean that the purchaser is deemed by statute…