Firms To Watch: International arbitration

Jun Hee Kim is the key practitioner at Arnold & Porter for international arbitration proceedings. Kim advises clients from a range of sectors, including construction and IP as well as disputes concerning post-M&A transactions and joint ventures.
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International arbitration in South Korea

Herbert Smith Freehills LLP

The growing dispute resolution practice at Herbert Smith Freehills LLP now comprises five lawyers based full-time in Seoul, with Dana Kim being promoted to partner in May 2021 and further bolstering the firm’s offering in this area. The team is regularly instructed by its diverse client base on high-stakes disputes and advises major Korean businesses, that include Chaebol companies, state-owned companies and financial institutions on a myriad of disputes such as advising in SHIAC arbitration proceedings arising out of product liability claims. Mike McClure is a ‘strong practice leader’ with extensive experience resolving complex disputes in the construction, energy, financial services and TMT sectors. Dana Kim offers ‘acute and professional’ advice and specialises in mediation, investigations and compliance advisory. For investment treaty arbitration and treaty succession expertise, senior associate Philip Kim is the key contact.

Practice head(s):

Mike McClure

Other key lawyers:

Dana Kim; Philip Kim

Testimonials

‘The team is always prompt and engaging, and provides exceptional advice based on in-depth knowledge and experience, especially in arbitration involving construction disputes.’

‘Dana Kim’s communication is always prompt, and advice acute and professional. ’

‘To my understanding HSF Seoul is the only international law firm in Seoul who has a sizable dispute resolution team based in Seoul – i.e. I work with two disputes partners, two associates, and three trainees or paralegals at that office. All of the lawyers have experience in advising on international disputes overseas as well as on the ground in Seoul.’

‘The firm is probably the strongest in Korea among non-Korean firms for international arbitration work. They seem to be the busiest, most visible and most in-demand.’

‘Mike McClure is a strong practice leader with lots of experience. Dana Kim is well-known in the market and well-liked by clients. Philip Kim is a sophisticated international arbitration attorney with a great skill set and a bright future.’

Key clients

Hyundai Heavy Industries

Korea Reinsurance Company

British American Tobacco

Work highlights

  • Represented a major Korean manufacturing company in SHIAC arbitration proceedings arising out of product liability claims.
  • Advising an Asian consortium of investment funds in an ICC arbitration concerning a post-M&A dispute in the financial services sector.
  • Advising a Korean financial institution in a HKIAC arbitration on a funds dispute involving allegations of fraud.

Kim & Chang

Kim & Chang’s international arbitration team ‘is the strongest arbitration team in Korea’ with an ‘extraordinarily strong and deep bench of talent’ according to clients. The team collaborates with other practice groups, drawing specialised expertise in order to provide an integrated service for clients. It also leverages its global network of offices to efficiently handle cross-border disputes. Practice co-heads Byung-Chul Yoon and Eun Young Park serve as members of leading international arbitral institutions, including LCIA and SIAC. The team includes key practitioners with a diverse skillset; Byung-Woo Im leads the firm’s construction arbitration practice and are supported by the ‘excellent’ Matthew Christensen. Sae Youn Kim has extensive arbitration experience and was appointed Vice-Chair of IBA Arbitration Committee. Sungjean Seo, Joel Richardson, Una Cho and Shul Park are also recommended; Park is key in advancing the team’s practice in newly emerging areas, handling emergency proceedings and investor-state disputes. Kay-Jannes Wegner has left the practice to join Mayer Brown in Singapore.

Testimonials

‘Kim & Chang International arbitration Team is the strongest arbitration team in Korea, as the team has strong manpower and does great collaboration work with excellent foreign law firms and experts overseas’ 

‘Kim & Chang has an extraordinarily strong and deep bench of talent in the Korean legal market, at all levels of seniority. It is the go-to firm for Korean and foreign clients involved in international dispute resolution with a Korean nexus, and is involved in nearly all significant international matters in Korea. ’

‘BC Yoon – a visionary leader of the practice, with impeccable credentials, huge amounts of experience and a keen understanding of the law and commercial considerations driving the dispute.

‘Shul Park – A rising star in the Korean arbitration market, Shul is extremely hard-working, intelligent, and fully bilingual in English and Korean. She is a natural leader and an indispensable member of any team of which she is a part. She is a future leader of the field, and is highly respected in Korea and abroad. ’

‘Matt Christensen – excellent construction arbitration practitioner. ’

‘This is the strongest international arbitration practice in Korea by a long way. It stands in the same league as the magic circle UK firms and the large international US firms.’

‘Joel Richardson, another backbone of the practice who does most of the heavy lifting in some of their largest and most important cases, and an excellent advocate.’

‘Kay-Jannes Wegner, hands down the best advocate in Korea. ’

Key clients

Schindler Holding AG

Affinity Equity Partners

Baring Private Equity Asia

GIC Special Investments Private Limited

Standard Chartered Private Equity

Daewoo Shipbuilding & Marine Engineering Co., Ltd

Mitsubishi Power, Ltd.

Hyundai Heavy Industries

Hyundai Motor Company

Samsung Heavy Industries

GS Engineering & Construction

Hyundai Engineering Co., Ltd.

Doosan Heavy Industries

Work highlights

  • Representing four global financial investors in a high-stakes ICC arbitration case against a high-net-worth individual, who is the controlling shareholder and the chairman and chief executive officer of a major life insurance company in Korea.
  • Representing Schindler Holding AG, a foreign investor, in an investment treaty arbitration filed against the Republic of Korea with a claim amount of approximately $300m.
  • Represented Incheon Bridge Co. Ltd., a concessionaire founded for the purpose of constructing and operating a bridge that was built as a Public-Private Partnership (“PPP”) project under Korean law in an ICC arbitration against the South Korean Government, with a total matter value of approximately $230m including value of counterclaim.

Lee & Ko

Lee & Ko’s core areas of expertise include M&A disputes, general commercial disputes, sports arbitration and life sciences. It has also continued to grow its capabilities in the construction sector, with David Kim and Sanghoon Han co-chairing the international construction dispute resolution group. Its wide-ranging expertise has seen the firm become ‘one of the best arbitration practices’, according to clients and is co-led by the ‘excellent’ Robert Wachter, a leading oral advocate. Sean Sungwoo Lim jointly leads the practice and is a member of several leading arbitration associations, maintaining a prominent reputation for his work in this area. Sunyoung Kim is also recommended for her expertise in energy and construction arbitration cases.

Testimonials

‘Very efficient legal team with a diverse background. Truly impressed by their holistic approach, considering all details of the case but concentrating and emphasizing the key issues. ’

‘Sean Lim – strategic mastermind

‘Robert Wachter – exceptionally sharp, articulate and persuasive counsel.’

‘David Kim was and is outstanding – he tried and succeeded to fully understand the complex technical case behind the legal battle and that was the basis for a successful arbitration. He is listening, quick to come up with the right strategy but at the same time keeping in mind the odds and thus always balancing out and guiding the client in the right direction ’

‘The best Korean law local lawyers’

‘Lee & Ko has become one of the best arbitration practices at any Korean law firm since the breakup of the team at Bae Kim & Lee. It is ably led by Robert Wachter and their rise to the top is directly tied to his arrival. ’

Key clients

Republic of Korea

Mitsubishi Tanabe Pharma Corporation

Dr. Chang Jae Shin (Chairman of Kyobo Life Insurance)

Hyundai Rotem Co., Ltd

GS Engineering & Construction Corporation

Korea East-West Power Co., Ltd.

The Republic of Korea represented by the Defense Acquisition Program Administration

Hanwha Corporation

Hyundai Heavy Industries Co., Ltd.

Korea Hydro & Nuclear Power Co., Ltd

Work highlights

  • Represents the government of the ROK in the $770m ISDS dispute brought by Elliott Associates, L.P
  • Represents Mitsubishi Tanabe Pharma Corporation in an ICC arbitration against a Korean affiliate of a large conglomerate in a dispute involving a potential ground-breaking medical treatment.
  • Represents a Korean insurance chaebol in a $2bn dispute with other shareholders.

Bae, Kim & Lee LLC

Bae, Kim & Lee LLC’s combined international arbitration and cross-border litigation group utilises its capabilities to provide clients with a broad dispute strategy across multiple jurisdictions. Growth areas for the firm include the expansion of its arbitration enforcement practice and the development of an oil and gas practice that focuses on LNG disputes. Hongjoong Kim’s international commercial arbitrations practice covers a wide range of industries, including aerospace, automobile and sports. Junu Kim leads the firm’s investment treaty practice and has a specialist interest in investor-state disputes and post-M&A disputes. Brandon Bang is a ‘creative thinker who provides pragmatic solutions’ with over a decade of international arbitration experience. Woojae Kim and Sejin Kim are also recommended. The firm welcomed Changhyun Lee in February 2021 after the departure of David McArthur in December 2020 to join Anderson Mori & Tomotsune in Tokyo. Tony Dongwook Kang leads the practice.

Practice head(s):

Tony Dongwook Kang 

Testimonials

‘BKL is a full-service firm providing robust support on Korean law issues across a variety of practice disciplines. BKL’s international arbitration team has a long history of handling complex and high-stakes matters under a variety of arbitral rules.’

‘The team is smart, highly responsive, hard-working, and efficient.’

‘Junu Kim is smart, analytic, hard-working, diligent, responsive, and has very good judgment and instincts. He knows Korean civil and administrative law extremely well, and is also well versed in international commercial and investment treaty arbitration. ’

‘The BKL is dedicated to answering and meeting the expectation of clients. Their strengths are to proceed with the complex international arbitration case with reasonable billings and to answer the clients’ inquiry in a short time regardless of volumes of materials and to produce the creative advices and strategy. ’

‘Very responsive and easy to work with. Team is led by a Korean who speaks fluent English and understands western culture which makes communication excellent. Very collaborative.’

‘Brandon Bang is creative thinker who provides pragmatic solutions. He is friendly and easy to work with. He always tries to be available to clients and meet the client’s expectations.’

‘Bae, Kim & Lee’s international arbitration practice has a significant contingent of lawyers who were educated in the US and are licensed to practice in the in the US. This helps to make them user-friendly for US clients and lawyers.’

‘The team is a strong mix of lawyers that are steeped not only in Korean law, but also New York law and the laws of other key international commercial jurisdictions. The team brings local and international knowledge to bear, as well as a strong understanding of international arbitral practice. ’

Key clients

Asiana Airlines, Inc.

Actoz Soft, Co., Ltd.

DL E&C Co., Ltd.

Hyundai Home Shopping

Incheon Metropolitan City, and Incheon Free Economic Zone Authority

Kinbara Noriten Co., Ltd.

Korea Electric Power Corporation (KEPCO)

Republic of Korea

Work highlights

  • Advised a major game software company in Korea on dispute arises from an exclusive software licensing agreement for a popular video game software that was developed in Korea and became popular in mainland China.
  • Represented the Republic of Korea in the first-ever investment treaty-based arbitration brought by Lone Star Funds.
  • Acted for a Korean home shopping company filing a request for arbitration against the Chinese partner for its purported termination of the JV agreement.

Peter & Kim

Established in 2020 by Wolfgang Peter and Kap-You (Kevin) Kim, Peter & Kim is a boutique law firm focused on representing corporate, sovereign and private clients in complex international disputes. It has handled landmark cases, including the representation of the Republic of Korea in the first ICSID arbitration against the state as well as acting for Korean investors in the first treaty-based dispute initiated by a Korean investor against a foreign state. The team is fast growing and is now 20 strong; its unique capabilities are derived from ‘some of the best arbitration lawyers in Switzerland and Korea’, with ‘major talents’ recruited from Bae, Kim & Lee LLC’s core arbitration team, including practice co-heads Kap-You (Kevin) Kim and John Bang. Kim is a preeminent international arbitration specialist and the Vice President of the ICC International Court of Arbitration, while the highly reputable Bang has handled several proceedings under the rules of major institutions and ad hoc arbitrations including the SIAC and LCIA as well as working on cross-border litigations. Mino Han is also recommended.

Practice head(s):

Kap-You (Kevin) Kim; John Bang

Testimonials

‘Definitely unique as the firm straddles the Asian and the European markets, hiring exceptionally strong practitioners particularly from Switzerland and Korea, but including a varied cast of practitioners from Australia, India, with Vietnamese background, etc.’

‘It was a great idea to form a boutique law from combining some of the best arbitration lawyers in Switzerland and Korea. They do only one thing – international arbitration – and they do it very well. It is a diverse team of lawyers not only from these two jurisdictions but from around the world.’

‘The team has the kind of experience and expertise that you would expect from a big law firm, while also possessing the kind of responsiveness and efficiency that you would expect from a boutique law firm.’

‘Kevin Kim requires no further introduction, as he is the biggest name in Korea’s arbitration practice. He is also one of the most experienced dispute lawyers in Korea, with immense insight and understanding of international disputes.’

Mino Han is a burgeoning young partner who is approaching the pinnacle of his career. He is excellent in his analytical skills, and he is very client-oriented.’

Key clients

Mirae Asset Global Investments Co.

POSCO Engineering and Construction Co., Ltd.

Republic of Korea

Korea Electric Power Corporation

Wemade Co., Ltd.

SAP Korea

Kolon Life Science, Inc.

JW Holdings Corporation

Incheon Metropolitan City

DL E&C CO., LTD (Daelim)

Work highlights

  • Defending POSCO in an arbitration related to the development of the $35bn New Songdo International Business District, under development over 5.7m square metres of land reclaimed from the Yellow Sea in the Inchen Free Economic Zone in South Korea.
  • Representing Mirae Asset and its affiliates in a US litigation (and related potential arbitrations) arising from the termination of a $5.8bn acquisition of 15 luxury hotels owned by China’s Dajia Insurance Group’s subsidiary.
  • Acting as lead counsel in defending the Republic of Korea in connection with investment treaty claims brought by Lone Star funds in an ICSID arbitration.

Shin & Kim

Shin & Kim adopts an ‘efficient approach and skilful handling of legal issues in international arbitration’. The team represents clients from diverse industries in all major geographical locations, including Hong Kong, New York, Singapore and London. The ‘outstanding’ Jae Min Jeon has led the team from strength to strength and has seen an increase in the volume of instructions in complex cases such as commercial arbitration and investor-state disputes. Youngwon Yoon leads on high-value construction cases while Arie Eernisse is frequently involved in disputes about M&A, sales of goods, military and defence procurement, maritime and intellectual property, among many others. Also recommended is Jae Hee Kim, who clients describe as an ‘extremely intelligent associate’.

Practice head(s):

Jae Min Jeon 

Testimonials

‘They have an elite group of lawyers headed by a lawyer who probably is the top lawyer in Korea at the moment. This means that if Shin & Kim staffs its top talents to a single case, and really commits itself to that single case, then it will likely prevail over any other law firms in Korea.’

‘Jaemin Jeon is perhaps one of the most talented lawyers in Korea. In fact, I believe that Jaemin Jeon is probably the top lawyer in Korea at the moment not just in the field of arbitration, but also in the field of law in general.’

‘Jae Hee Kim is also an extremely intelligent associate lawyer who has a promising future ahead of him.’

‘Efficient approach and skillful handling of legal issues in international arbitration – Staffing legal experts in their number and diversity – Competent attitude probably coming from the team’s sufficient experience and past performance’.

Key clients

Baring Private Equity Asia

Lone Star Funds

LSF-KEB Holdings SCA

International Petroleum Investment Company

AIG

Lotte Group

SK Group

KCC Group

Korea Marine Transport Co., Ltd.

Korea Western Power Co., Ltd.

SL Corporation

K-Water

Dongwon Group

Wemade Entertainment Co., Ltd.

FuelCell Energy, Inc.

SamSung Group

Work highlights

  • Acting as co-counsel, with Wiley, to FuelCell Energy, in at least seven disputes with POSCO.
  • Representing a Korean state-owned entity, KOWEPO in an investor-state dispute against the Government of India, alleging that India’s change in gas allocation policy and its implementation breached the BIT, causing $400m in damages.
  • Representing Lone Star, the former majority shareholder of Korea Exchange Bank, in claiming $4.4bn worth of damages in the first ISDS case filed against the Korean government.

KL Partners

Boutique law firm KL Partners is best known for its continued work in investor-state disputes (ISD) against the Republic of Korea. The team has also seen an increase in disputes arising from large infrastructure and construction projects in Africa, MENA and South East Asia, IP-licensing arrangements and cross-border commodity trading and distributorship across the MENA region. Managing partner Beomsu Kim is a crucial member of the firm’s ever-expanding ISD practice and is well known for his role as lead counsel in the first ever ISD proceeding against the Republic of Korea. Young Suk Park heads the international arbitration practice and has extensive experience in both international and domestic disputes and transactions. For banking and finance expertise, Eun Nyung (Ian) Lee is the key contact. Former dispute resolution practice head Dong-Seok (Johan) Oh left the firm in June 2021 to join Kim & Chang.

Testimonials

‘They are very on the ball when it comes to managing the disputes that they handle’

‘Beomsu Kim is a leader in the Korean market. He is head and shoulders above the competition.

‘Young Suk Park is an up and coming partner and is certainly to be a star arbitration lawyers in the years to come.’

‘First rate boutique firm. Always available and always give commercial and practical advice. Very user friendly.’

‘Beomsu Kim. Probably the finest brain in the Korean legal market. Very sharp and astute, but also provides practical and commercial advice. Highly recommended. Young Suk Park. Very dynamic and commercial. Knows how to speak to Korean and foreign clients on their level.’

Key clients

Elliott Funds

Mason Capital Management LLC

Lone Star Funds

ChuanQi IP Co., Ltd.

DAELIM Industrial Co., Ltd.

Vogo Funds (VIG Partners), Yuanta Securities, and MJ Lee

PUBG Corporation

POSCO Engineering & Construction Co., Ltd.

Lotte Engineering & Construction Co., Ltd.

POSCO Energy

Work highlights

  • Represented Elliott Funds in an Investor-State Dispute (ISD) against the Republic of Korea.
  • Represent Mason in a pending Investor-State Dispute (ISD) against the Republic of Korea under the KOR-US FTA.
  • Represented ChuanQi in arbitration against Jiuling relating to Juiling’s breach of license obligations.

Quinn Emanuel Urquhart & Sullivan, LLP

Acting primarily for private equity firms, Quinn Emanuel Urquhart & Sullivan, LLP’s international arbitration team has significant experience in shareholder disputes and is the ‘go-to’ for bet-the-company cases for Korean companies. Practice head John Rhie is a ‘great leader’, specialising in international arbitration, with a focus on commercial and investment treaties as well as cross-border litigation and white-collar crime. Representing multinational corporations and high-net-worth individuals, Duncan Watson has experience in a broad range of industries, including manufacturing and intellectual property. Senior associates Tom Brebner and James Chun are also recommended.

Practice head(s):

John Rhie

Testimonials

‘Incredibly sharp and commercial group. They think of everything and can mobilise global resources or work locally as needed. Should be a go-to for bet the company matters’

‘Duncan Watson – very sharp and personable. Commercial. Excels on quantum John Rhie – great leader as a case strategist and office managing partner. Very easy to get on with and very approachable. Extraordinary work ethic. ’

‘This team is extremely diligent and provides high-quality legal advice. Consistent with Quinn Emanuel’s general reputation, the Seoul team (or HK team to be precise) wasn’t shy of ‘fighting’ the case for the client. They acted for the client wholeheartedly. Also, everyone I worked with was very collaborative.’

‘Another star in the making is Young-Hee Kim. She is the most diligent lawyer I have ever seen. I would recommend her to anyone, and would like to have her on all of my important cases.’

‘A few standouts in this practice are John Rhie and Duncan Watson QC, both partners. They are exceptionally strategic in their approach to their cases, framing their arguments in an efficient, focussed and persuasive manner to get the result that is best for their clients.’

Key clients

Chang-jae Shin (Chairman of Kyobo Life Insurance)

Schindler Group, Schindler Management AG

Work highlights

  • Represented Chairman Chang-jae Shin, the CEO and majority shareholder of Kyobo Life insurance Company, in arbitrations against shareholders that wish to exercise the put option. The amount in dispute is over $2bn.
  • Represented Schindler Group, one of the world’s leading providers of elevators, escalators and moving walks, in an investment treaty arbitration against the Republic of Korea.

White & Case LLP (Foreign Legal Consultant Office)

Construction arbitration is a mainstay for White & Case LLP’s disputes practice. It has extensive experience in handling construction disputes arising out of global energy and infrastructure projects, including in downstream oil & gas, LNG and power. Based in London, David Robertson actively advises South Korean clients on disputes within and outside of the region and is the key practitioner for international arbitrations relating to construction and infrastructure. Matthew Secomb heads up the Asia-Pacific team and is an expert in the highly specialised LNG gas supply field. In August 2020, Mark Goodrich left the firm.

Practice head(s):

Matthew Secomb

Other key lawyers:

David Robertson

Key clients

Ministry of Justice, Republic of Korea

Kingdom of Saudi Arabia

Work highlights

  • Rpresenting the Republic of Korea in two investment arbitrations: as respondent in a UNCITRAL arbitration under the US-Korea Free Trade Agreement, administered by the PCA and seated in Singapore; and as respondent in an investor-state dispute under UNCITRAL rules arising out of the investment by Schindler, the Switzerland-based manufacturer of escalators, moving walkways and elevators, in Hyundai Elevators, one of the largest elevator manufacturers in South Korea.
  • Representing the Kingdom of Saudi Arabia in an ICSID arbitration brought against the Kingdom by Samsung Engineering, a major Korean contractor. The claim arose under the bilateral investment treaty between the Republic of Korea and the Kingdom.

Yoon & Yang LLC

Among Yoon & Yang LLC’s clients are domestic conglomerates and multinational companies from a diverse range of sectors, including infrastructure, maritime and aviation, commodities and insurance. Leveraging his decades of experience as judge and adjudicator, practice co-head Junsang Lee is the go-to counsel for cases governed in civil law. Myung-Ahn Kim is an ‘outstanding lawyer’ who jointly leads the team and has successfully represented clients as lead counsel before the SIAC, LCIA and KCAB. Sam Kim is also recommended as an ‘excellent advocate’. In October 2020, Gyuel Kim joined the firm from KL Partners where he specialised in international arbitration.

Practice head(s):

Junsang Lee; Myung-Ahn Kim 

Other key lawyers:

Sam Kim; Gyuel Kim; Minhwa Kang

Testimonials

‘Myung-Ahn Kim has been very practical and outstanding lawyer in the field of international arbitration. ’

‘The team puts the client’s needs and interests first.’

‘We think that Yoon & Yang’s strengths are: (i) accurate understanding of our needs; and (ii) best solution offerings based on well-understanding of our business operations.’

‘We mainly work with Sam Kim, who possesses exceptional hearing and cross-examination skills in arbitration matters. With great eloquence and logicality, he has also generated successful outcomes during contract negotiations with counterparties.

‘Minhwa Kang was able to meticulously and extensively check facts, maintain records, and develop logical countermeasures in the SIAC arbitration case. Ms. Kang has considerable growth potential.’

‘Sam Kim is an excellent advocate who has really come into his own. I have seen him go toe to toe with excellent lawyers from international firms, and he is very good.’

‘Knows what client wants’

‘Strong experience and passionate lawyers.’

Key clients

General Electric Company (GE)

Hyundai Autoever

STX Corporation

STX Engine Corporation

POSCO ICT Company

POSCO International Corporation

GM Trading

The Engineering Pte., Ltd.

Seoul Broadcasting System

Korea Water Resources Corporation

Otis Elevator Korea

Korea Hydro & Nuclear Power

YD Online

Work highlights

  • Represented the Republic of Korea (ROK) as co-counsel and prevailed in the very first ISDS arbitration defended by the ROK under the Korea-US FTA. The case marks the country’s first victory among a number of ISD claims currently pending against it.
  • Representing STX Corporation for approximately two years, Yoon & Yang successfully defended the illegitimacy of KSP’s grounds of request for arbitration and other arguments seeking for recovery of unjust enrichment or payment of ₩25bn of damages and delay penalty.

Yulchon

Yulchon’s international dispute resolution team has a strong global outlook whilst also maintaining a strong foundation in Korean domestic disputes. The integration of its domestic and international practice allows the firm to provide a comprehensive offering to clients when resolving cross-border disputes that involve Korean law. The team advises on the full range of commercial disputes, with experience in cross-border litigation, international arbitration, mediation and other ADR. Its diverse client base includes the Korean government, with whom the firm has worked closely on matters regarding international trade and investment treaty arbitrations. Yun Jae Baek, Yong Sang Kim  and Jeonghye Sophie Ahn co-head the practice.

Other key lawyers:

Hyun Ah Park; Jae Hyong Woo

Testimonials

‘Yulchon’s international arbitration team is unique in the market for its expertise in both commercial arbitration and investment treaty arbitration. Its lawyers also possess both an extensive knowledge of Korean law and the Korean market and an international outlook, which makes

‘Yulchon a perfect choice for significant international disputes with a Korean nexus. Yulchon has been our go-to firm for Korean law input on high-stake international disputes.’

‘Yun Jae Baek, who leads the arbitration team, is one of the most impressive and respected senior arbitration lawyers in Korea. Mr Baek is technically outstanding, and his understated yet incisive approach to presenting a case is very effective.’

‘Jae Hyong Woo is an excellent lawyer who is very diligent and responsive. He is always able to grasp the big picture quickly without losing the subtleties.’

‘The team also works seamlessly with co-counsel thanks to its strong international network and bilingual/bicultural capabilities.’

‘Jeonghye Sophie Ahn is one of the best lawyers of her generation. She is a fervent advocate for her client.’

Key clients

KT

Hyundai Engineering & Construction

Daelim Industrial

APEX Group

Siemens AG

POSCO Daewoo

Republic of Korea

Hanwha Corp.

GS Engineering & Construction

POSCO

Work highlights

  • Represents the Republic of Korea in a request for arbitration (the “RFA”) brought under the 2007 Agreement between the Government of the Republic of Korea and the Government of the People’s Republic of China for the Promotion and Protection of Investments (the “BIT”) by Mr. Min Fengzhen, a Chinese national of Korean ethnicity.
  • Represents Korea Hydro & Nuclear Power Co., Ltd., a state-run energy company, in a KCAB arbitration involving a purchase contract with a French nuclear reactor company.
  • Represents Hyundai Marine and Fire Insurance Co., Ltd. (“HMFI”), the second largest insurance company in Korea, which provides marine, fire and automobile insurance, in an ad hoc arbitration brought against by Mitsubishi Power, Ltd. (“MP”, formerly Mitsubishi Hitachi Power Systems, Ltd.), one of the largest manufacturers of thermal power generation equipment in Japan.

Clyde & Co Clasis Singapore

Clyde & Co Clasis Singapore’s international arbitration team is divided into three subgroups focusing on specific core areas of expertise; Ik Wei Chong takes the lead on shipping dispute resolution and is a key member of the firm’s shipbuilding practice; Jon Howes and Eugene Tan co-head the construction team, with Tan being regularly instructed by Korean contractors and involved in arbitration across South East Asia; Nicholas Sykes specialises in large scale engineering, property and energy insurance losses.

Other key lawyers:

Paul Collier

Testimonials

‘Clyde & Co has an outstanding and top notch international arbitration practice with a specialization covering China, Hong Kong and Singapore, among other jurisdictions. Comprehensive and first rate skills, experience and knowledge in all facets of international arbitration, especially in the area of shipping and transport.’

‘Clyde is also very well regarded in the Korean market and is a key player with its multi-jurisdictional expertise and in-depth local understanding.’

‘Our experience with Ik Wei Chong, Paul Collier and others of Clyde & Co has always been first class.’

‘Clyde provided legal advices have been comprehensive, clear and in-depth with a practical, commercial, forward thinking solutions based approach. Clyde have a wealth of information and resources at their disposal with a supporting global network.’

Mayer Brown

Mayer Brown is mainly instructed by clients in the energy, infrastructure and natural resources sectors. The international arbitration team manages numerous LNG sector disputes, including highly specialised gas price review disputes as well as infrastructure and construction disputes across South East Asia. Its capabilities have further expanded with the October 2020 arrival of Paul Teo in Singapore, bringing more than 20 years of experience in arbitration, ADR and litigation matters, with particular focus on China-outbound and Japan-outbound matters. Based in Singapore, Yu-Jin Tay co-leads the team with Menachem Hasofer and John Hickin in Hong Kong.

Other key lawyers:

Paul Teo

Testimonials

‘Yu Jin Tay is one of the best arbitration practitioners in Asia Pacific region in terms of expertise, experience, dedication and professionalism.’