The Legal 500

Within Antitrust and competition, Yoon & Yang LLC is a second tier firm,

Highlights for Yoon & Yang LLC’s well-respected competition practice included acting for Intel Corporation in its appeal to the Seoul High Court to overturn a correction order imposed by the KFTC for the alleged abuse of market dominance; and acting for Cathay Pacific and Air Hong Kong Limited in the air cargo cartel investigation. Seong-Sig Kim heads the team.

Within Banking and finance, Yoon & Yang LLC is a third tier firm,

Highlights for Yoon & Yang LLC’s finance practice included acting for Daewoo Securities in a KRW100bn ABS transaction, notable as the first such transaction to use a bridge finance-type structure. It also acted for a syndicate of lenders in a KRW580bn loan extension to two investment funds to fund their acquisition of Center One Building. Soonghee Lee heads the practice.

Within Capital markets, Yoon & Yang LLC is a third tier firm,

Highlights for Yoon & Yang LLC’s ‘praiseworthy’ capital markets team included acting for the sellers in a block trade of 3.4 million Mando shares to Morgan Stanley’s Seoul branch. Other clients include China Great Star and Korea Development Bank. Soonghee Lee heads the team.

Within Corporate and M&A, Yoon & Yang LLC is a third tier firm,

Yoon & Yang LLC provides ‘a quality service’. It acted for KDB and Consus Asset Management in the establishment of a PEF and acquisition through that PEF of a 65.6% stake in Kumho Life Insurance for KRW480bn. Team head Sang-Goo Han is ‘a true specialist, and responds to clients quickly and efficiently’.

Within Dispute resolution, Yoon & Yang LLC is a second tier firm,

Yoon & Yang LLC has a longstanding reputation in the market for its contentious capability, across domestic and international litigation, and arbitration, with practice head Ki Hwan Ahn leading a team of more than 30 partners and 50 associates. The firm represented 14 major Korean financial institutions, including Seoul Guarantee Insurance, in an enforcement action against the former chairman of Samsung Group and 28 Samsung affiliates. Other clients include Woori Bank and Cathay Pacific Airways.

Within Employment, Yoon & Yang LLC is a second tier firm,

Yoon & Yang LLC acted for Korea Maritime Environment Corp in its successful appeal to the Supreme Court relating to the validity of the amendments to the rules regarding employees’ retirement age and its adoption of a non-progressive scale for severance payments. Sang Hoon Park leads the team, which also acts for the likes of Burberry Korea and Korea Rural Community Corp.

Within Insurance, Yoon & Yang LLC is a second tier firm,

Yoon & Yang LLC advised LIG Insurance on the scope of exemption of D&O liability insurance claims, and acted alongside Elborne Mitchell in defending Kwangju Bank in a claim brought in the UK courts by a British shipowner in relation to an unpaid refund guarantee. Soonghee Lee heads the team.

Within Intellectual property, Yoon & Yang LLC is a third tier firm,

Yoon & Yang LLC’s contentious IP practice has developed a strong roster of international clients, including Yahoo! (Korea) and Salvatore Ferragamo. In 2010 it acted for the latter client in trade mark infringement claims against Keumkang, the largest shoemaker in Korea. Wonil Kim leads the team.

Within Intellectual property: patents and trade marks, Yoon & Yang LLC is a third tier firm,

Highlights for Yoon & Yang LLC’s six-partner IP litigation team included representing Worlvi Trading in the defence of a claim against its registered trade mark Evis by Evis Japan, which confirmed the territorial scope of trade mark enforcement.

Within Shipping, Yoon & Yang LLC is a second tier firm,

Yoon & Yang LLC has been very active in work arising from rehabilitation proceedings; it acted for SK Shipping in a charterparty dispute with Samsung Logix, and represented foreign shipowners in damages claims arising from Daewoo Logistics’ termination of charter agreements, both linked to ongoing rehabilitation proceedings. Hae Duk Jung is the key figure.

Within TMT, Yoon & Yang LLC is a third tier firm,

Soongki Yi’s team at Yoon & Yang LLC represented the Korea Film Corporation in a major copyright infringement case against eight web hard-storage providers, and acted for OBS Kyungin Broadcasting Co in its establishment and grant of a linear broadcasting licence.

Within Tax, Yoon & Yang LLC is a second tier firm,

Yoon & Yang LLC provides both contentious and non-contentious tax advice to a client base that includes Hanjin Heavy Industries and Macquarie International. Highlights included advising KT Corporation in a case involving the purchase of shares in another Korean company from a Malaysian fund, which involved cross-border jurisdictional issues regarding bilateral tax treaties. Oh-Young Jeon heads the practice.