Barun Law > Seoul, South Korea > Firm Profile

Barun Law
BARUN LAW BUILDING
92 GIL 7, TEHERAN-RO, GANGNAM-GU
SEOUL 06181, KOREA
South Korea

Email firm Visit website 82 2 3476 5599 82 2 3476 5995

South Korea > Dispute resolution: local firms Tier 3

Barun Law‘s team is made up of former district judges and prosecutors. Among them, managing partner Cheoll Park specialises in civil, criminal and family law cases, while Yong Kyun Kim and Ho Chul Suk often represent major Korean heavy industrial and construction companies. For criminal investigations, Hyun Woong Kim is an experienced defence lawyer.

Practice head(s):

Cheoll Park; Yong Kyun Kim; Ho Chul Suk; Hyun Woong Kim

Key clients

Venice CC members

Shinwha Intertek Corp

Export-Import Bank of Korea

Missyou, Inc.

Work highlights

Represented the former outside directors and the audit members of Daewoo Shipbuilding & Marine Engineering Co Ltd to release from liability pursuant to Article 162.1 of the Capital Markets Act.
Acting for the Bank of China and the Transportation Bank in a damages claim brought by Mirae Asset Daewoo, the underwriter, in response to its delisting on the Korean Exchange due to an accounting scandal.
Defending eBest Investment & Securities Co., Ltd, indicted for alleged violation of the Aggravated Punishment of Specific Crimes and the Financial Investment Services and Capital Markets Act for failing to explain the Chinese foreign exchange report process (SAFE system) to Korean securities companies in the process of the Chinese energy company CERCG issuing ABCP worth KRW 160 billion.

Leader in litigation: Barun Law LLC has achieved exponential growth since its establishment in 1998. It is recognized for its strength in litigation and assessed to be one of the major representative law firms of Korea. Such growth and development were possible due to Barun Law’s continuous efforts in recruiting highly-trained professionals, close collaboration between partners and associates, strengthening of professional teams, and trust from clients who have experienced the firm’s legal services.

Leading corporate, M&A, and finance advisors: Barun Law is one of Korea’s leading corporate advisors, with experience beyond traditional industrial fields and extending to the new sectors of the Fourth Industrial Revolution, such as shared economy, innovative enterprises, emerging economies, and startups. In addition to its transactional expertise, Barun Law has a history of establishing long-term and constructive relationships with corporate clients because clients trust that Barun Law’s prominent and highly experienced Korean and foreign lawyers will provide the best legal services. In 2018 and 2019, Barun Law won the Legal Advisory Award for corporate law practice at the Korea Legal Awards, an award given to the best firm and attorney in Korea in each practice area.

The corporate finance team’s expertise in financial transactions allows it to meet clients’ needs for diverse and specific legal services in the corporate finance field. Barun Law is the first major Korean law firm to open an office in Singapore, a financial hub with a stable business environment. The Singapore office provides legal advice to regional headquarters or branch offices of global companies seeking to enter the ASEAN market.

High quality legal service: Barun Law’s dispute resolution and litigation practice is second-to-none in Korea; many of the firm’s litigation partners are former judges or prosecutors. Based on the firm’s competitiveness in litigation-related services, its corporate lawyers have achieved enormous growth as well, allowing the firm to provide the best-quality legal services in all practice areas.

Future of new law firm: In step with the rapid changes occurring in society with the introduction of the Fourth Industrial Revolution paradigm, Barun Law has been at the forefront in designing the new future for law firms, such as creating new systems by making use of its accumulated knowledge and information. Traditionally, the role of law firms has been focused on providing solutions after the occurrence of the relevant issue, but now such a role is going through changes as the services are more about providing legal advice in advance based on prior review of the relevant legal risks. Barun Law is also leading the legal market in this area.

Reliable partner in following the right path: Barun Law LLC is a firm made up of “just” lawyers who are dedicated in providing the best services to clients, as its name implies, and it will endeavor to become a reliable partner in assisting clients to follow the right path. Please seek us out. Our doors are always open. We will make sure to bring you satisfaction.

Name	Position	Profile
Yong Kyun Kim	Managing Partner	View Profile
Hyun Woong Kim	Managing Partner	View Profile
Dong Hoon Lee	Managing Partner	View Profile
Jae Peel Park	Managing Partner	View Profile

Korean
English

DISPUTE RESOLUTION: LOCAL FIRMS

A leader in Korea’s disputes space, Barun Law’s litigation and arbitration practice is second-to-none, with many of the firm’s litigation partners former judges or prosecutors. Based on the firm’s competitiveness in litigation-related service, its corporate lawyers have achieved enormous growth as well, allowing the firm to provide the best-quality legal services in all practice areas.

Barun Law creates Real Estate Development Law Society and holds the society’s first seminar

11th October 2022 Barun Law established the Real Estate Development Law in order to create the means through which experts can exchange various ideas and experiences concerning public construction projects to civil development projects as well as the overall practical issues concerning the development and construction of real estate, including lands, housing and commercial buildings, and trusts, permits, urban development, reconstruction and redevelopment, land appropriation, procurement of funds (financing), and leases.

Barun Law to invite clients to its seminar titled, “Future Litigation Prospects based on the Supreme Court of Korea Judgment concerning the Salary Peak System”

11th October 2022 On June 22, 2022, Barun held a seminar titled, “Future Litigation Prospects based on the Supreme Court of Korea Judgment concerning the Salary Peak System”

Barun Law invites clients to take part in a seminar on “Search for Korea-Russia Business Possibilities and Management of Business Risks”

11th October 2022 Due to the prolonged war between Russia and Ukraine, many companies that invested in or have considered investing in Russia are facing many difficulties. Due to the economic sanctions imposed against Russia by Western countries, the global economy has shrunk and many countries are silently enduring their losses. On June 16, 2022, Barun Law held a seminar to diagnose the current situation and future prospects for companies in Korea that are struggling to make wise management decisions and to search for ways to respond to such global situation.

NFT Society launched to create a forum to carry out lively discussions on the legal issues concerning NFTs as well as to raise related concerns

11th October 2022 Non-fungible tokens (NFTs) have become more of an issue lately. In order to create a forum to carry out lively discussions on the legal issues concerning NFTs as well as to raise related concerns both inside and outside the firm, the NFT Society (Chairman: Attorney Lee Sung-Hoon) been newly launched in March 2022. NFT is an area that has gained much attention recently and there is considerable amount of issues that needs to be legally cleared up or organized since it is an area that is not greatly known. As a result, the NFT Society will carry out studies and presentations on any legal issues or example cases concerning NFTs, including NFT and copyright, restriction of virtual NFT assets, metaverse and NFTs, securities restriction concerning NFTs, issue of control under traditional civil and criminal codes, and actual dispute cases concerning NFTs and try its best to provide a forum for in-depth analysis and discussions.

Barun Law’s Inflation Response Task Force successfully holds webinar on measures to respond to construction cost adjustments following inflation

11th October 2022 On May 10, Barun Law LLC and DNews jointly hosted a webinar on measures to respond to construction cost adjustments following inflation.

KBLA Invites Barun Law to Join Expert Panel Discussing Dispute Resolution

11th October 2022 On March 21, 2022, Barun Law joined an expert panel, hosted by the Korea Business Leaders Alliance (KBLA), at the Four Seasons Hotel in Seoul. KBLA, one of Korea’s most reputable forums for connecting and providing vital information to businesspeople in South Korea, asked a series of questions to Barun Law attorneys related to the topic of dispute resolution.

Attorneys Jang Joo-Hyoung, Ahn Ju-Hyun, Lee Ju-Eun and Foreign Attorney Caroline Yoon of Barun Law publish International Comparative Legal Guide – Digital Health 2022 (South Korea)

11th October 2022 Attorneys Jang Joo-Hyoung, Ahn Ju-Hyun, Lee Ju-Eun and Foreign Attorney Caroline Yoon of Barun Law LLC published the International Comparative Legal Guide – Digital Health 2022 (South Korea), which is issued by Global Legal Group (GLG).

Barun Law LLC hosts joint webinar on “Response to Serious Accidents Punishment Act” together with Money Today

11th October 2022 Serious Accidents Punishment Act ("SAPA") went into effect on January 27. The purpose of SAPA is to prevent disasters in advance by imposing safety and health-related obligations on top corporate managers. However, due to the characteristics of industrial sites, it is impossible to prevent all accidents even if sufficient preparations are made. If anyone were to lose their life or become injured at an industrial site, the business manager will be unable to avoid investigation that will check to see if the business manager has fully complied with the safety and health-related obligations under SAPA.

Barun Law LLC takes part in a webinar hosted by the Italian Chamber of Commerce in Korea, discussing South Korea’s Newly Enacted Serious Accident Punishment Act

11th October 2022 On February 10, 2022, Attorneys Park Sung-Keun and Jung Sang-Tae presented a webinar, titled “Major Issues Concerning Korea’s Serious Accident Punishment Act (SAPA)” together with the Italian Chamber of Commerce in Korea.

Barun Law holds webinar on “Practical Matters to Note to Prepare for and Respond to International Arbitration Cases” together with KCAB International

11th January 2022 Barun Law’s International Arbitration Team and KCAB International jointly hosted a webinar on “Practical Matters to Note to Prepare for and Respond to International Arbitration Cases.”

Foreign Attorneys Rieu Kim and Michael van Muelken and Attorney Baik Ji-won speak on “Ways to Respond to Disputes Foreign Companies Can Face in Korea,” at a webinar hosted by European Chamber of Commerce in Korea

5th November 2021 Foreign Attorneys Rieu Kim and Michael van Muelken and Attorney Baik Ji-won gave presentations on “Different Ways to Respond to Disputes Foreign Companies Can Face in Korea” at the live webinar hosted by the European Chamber of Commerce in Korea, on September 9, 2021.

Barun Law to hold 2nd Webinar on Response to Serious Accidents Punishment Act

26th August 2021 Barun Law LLC will hold the 2nd webinar on "Analysis of and Response Measures to the Enforcement Decree Announced for Enactment” on September 7, 2021 at 3:00 p.m.

Barun Law LLC Receives 4th Korea Legal Awards in Litigation

29th June 2021 Barun Law LLC has been honored with the 4th Korea Legal Awards in Litigation.

Barun Law to Host Webinar on “Serious Accidents Punishment Act and Response Thereto”

31st March 2021 Barun Law is scheduled to host a webinar on “Serious Accidents Punishment Act and Response Thereto” at 2 p.m. on March 30, 2021.

Attorney Yang Hun Chung gives a presentation at the 2020 Autumn Symposium of the Korea Commercial Cases Association

28th January 2021 - The 2020 Autumn Symposium of the Korea Commercial Cases Association was held online on December 11, 2020.

Attorneys Yang Hun Chung and Ye Eun Choi give lecture on the Act on Fair Transactions in Large Retail Businesses

28th January 2021 - Attorney Yang Hun Chung gave a lecture on December 15, 2020, on the “Theory and Practice of the Act on Fair Transactions in Large Retail Businesses”, and explained of the major terms under the Act and on the particular aspects concerning duty free businesses.

Attorney Gwang Hyun Baek gives a video lecture on “Major Terms of the Act on Fair Labeling and Advertising and Understanding Example Cases”

28th January 2021 Attorney Baek gave a video lecture on “Major Terms of the Act on Fair Labeling and Advertising and Understanding Example Cases” for the officers and employees of Public Home Shopping at the Legal Edu Studio located in Gangnam-gu, Seoul on December 2, 2020.

Dispute resolution: local firms