Kwon & Co > Seoul, South Korea > Firm Profile

Kwon & Co
19, SAEMUNAN-RO 5-GIL
JONGNO-GU
SEOUL 03173
South Korea

South Korea > Shipping: local firms Tier 2

Praised for its consistently ‘prompt and precise advice’, boutique firm Kwon & Co is led by Tae Il Kwon, a renowned charterparty dispute, rehabilitation and bankruptcy specialist with expertise in Korean and English law. Suyeon Jung, who has considerable experience assisting with cargo claims and handling cases relating to seafarers’ injury and illness, provides valuable support. With clients comprising domestic and global shipping companies, along with P&I clubs, the firm is regularly instructed to act on vessel arrests, collisions and groundings, and cases involving criminal and maritime tribunals, all of which the team is adept at handling.

Practice head(s):

Tae Il Kwon

Other key lawyers:

Testimonials

‘Super prompt and efficient all the way. Always available to discuss matters and able to get right to the key points of the issues.’

‘Tae Il Kwon is very efficient and his charges are reasonable. On top of that every time we are appointing him, he is 100% successful.’

‘The team is deeply knowledgeable about the shipping industry, and this makes it easier to understand the actual nature of the claims involved and to guide the customers to which direction they can move and what to expect as a result from the courts of law.’

‘Tae Il Kwon is a great attorney. He always responds to us almost immediately and keeps us updated on developments. He handles the case very efficiently and professionally.’

‘Prompt and precise advice, excellent result always. Working 24/7 with immediate responses. Reliable advice to move forward.’

‘I had the pleasure of working with Kwon & Co on a complex local shipping issue, and their expertise in maritime law was evident from the start. Their team has a deep understanding of local regulations and they are very passionate about the case. They provided quick and clear guidance, kept us informed every step of the way, and secured a favorable resolution.

‘We have been retaining Kwon & co as our company’s legal counsel, and what distinguishes them is their expertise on shipping law and profound understanding of the shipping industry. Tae Il Kwon is dedicated to meeting clients’ needs by providing comprehensive and prompt advice. As a shipping company, we often encounter unforeseen issues that require swift legal advice – their team has an impressive ability to deliver this, and it helped us a lot on many occasions.’

‘Very responsive and thorough in addressing issues, excellent legal and tactical advice, offers realistic and innovative advice, well able to assess litigation risks and methods to improve upon.’

Key clients

Campbell Johnston Clark

EUKOR Car Carriers

Gard P&I Club

Hyundai Marine & Fire

Korea Shipping Association

Korea P&I

London P&I

NorthStandard P&I

PT Limas Tunggal

Sinokor Merchant Marine

SK Shipping

Hyundai Glovis

Shinsung Shipping

T.S. Line

Cheng Lie Navigation

Skuld P&I

Britannia P&I

Pan Ocean

Japan P&I

West of England P&I

DB Insurance

Fesco Ocean Management

Samsung Fire & Marine Insurance

Korean Reinsurance Company

UK P&I Club

Work highlights

  • Represented Cheng Lie Navigation in a case relating to claimed container demurrage against the consignee and successfully overturned the case at the Korean Supreme Court.
  • Represented EUKOR Car Carriers in a case where Hyundai Marine & Fire Insurance, the cargo insurer, filed a lawsuit claiming $5m for cargo damages against the client, who was at the time charterer of a vessel which caught fire.
  • Successfully represented Peaceful Water in a case where auction proceedings of the vessel were commenced due to a bunker claim against an alleged charterer of the vessel.

Law Offices Kwon & Co. (hereinafter “Kwon & Co.”) was established by attorney Tae Il Kwon who had been practicing maritime law for almost 20 years and was the joint partner of Law Offices Kwon & Moon from 2006 to 2016 after the dissolvement of Kwon & Moon. With his main focus on maintaining the level of professionalism his previous law firm had provided, Tae Il Kwon has organized a team with five associates who are playing a pivotal role at Kwon & Co. by assisting him with various maritime cases.

His five associates are not only well-experienced with exceptional work-ethics but also fluent in English from their foreign academic backgrounds: his senior associate, Suyeon Jung, who started her career at Kwon & Moon and later joined Kwon & Co., has been working as a maritime lawyer for several years and is handling most of the major cases with Tae Il Kwon at Kwon & Co.

His other associates, Jaeho Cho, is a former Chief Officer of LNG Carrier who graduated from Korea Maritime University and had worked at Hyundai Merchant Marine, Evangeline(Ji Young) Bang who has joined Kwon & Co. in March 2019, has vast experience with Korean civil law procedures from her previous firm, Juhyun Kim, who has joined Kwon & Co. in October 2019, worked as the editor-in-chief of Ewha Law School Law Review and Jeremy(Do Gyun) Kim who recently joined Kwon & Co., had interned at three maritime law firms including Marine Trade team of Stephenson Harwood LLP London Office in the UK, Stephenson Harwood LLP Seoul Office in the Korea.

Referring to General Cargo claims, Kwon & Co. covers every sort of issue, including but not limited to cargo misdelivery, fire and wet damages to the cargoes, shortage claim, improper temperature of reefer containers, improper packaging or lashing of flat rack containers, acting for domestic shipping companies such as Hyundai Merchant Marine, SK Shipping, EUKOR Car Carriers, Pan Ocean and Sinokor Merchant Marine, and P&I clubs such as North of England P&I, Steamship Mutual P&I, Britannia P&I, Standard Club, Swedish Club, Gard P&I and London P&I.

Concerning wet maritime issues of Collision & Grounding of the Vessel, members of Kwon & Co. have shown that they are more than capable of collision cases, not only handling damage claims arising from ship collision but also criminal and maritime tribunal cases occurring simultaneously, involving P&I clubs such as Gard P&I, Swedish Club and Steamship Mutual P&I, and H&M underwriters like Hyundai Marine & Fire. Kwon & Co. is also acting for EUKOR Car Carriers in relation to the fire occurred on board a time-chartered car carrier M.V. “Platinum Ray” on 22 May 2019 where the shipper was Hyundai Motors.

For Kwon & Co., 2021 was highlighted by three major cases: (i) representing Sinokor Petrochemical Co., Ltd. in a lawsuit against Chugoku Marine Paints Ltd(“CMP”) regarding CMP’s supply of defective paint coating work which damaged the hold tanks of Sinokor Petrochemical vessels, (ii) representing Owners of M.V. “YN Busan” in a crew claim case in which the injured crew demanded US$4,357,984.93. Kwon & Co. successfully defended the case and reached settlement at US$197,132.62 which is less than 5% of the original claim amount, (iii) and lastly,  representing Sinokor Merchant Marine in a lawsuit against the Shipper to claim the demurrage and storage costs. The Shippers filed a counter-claim and the case is pending at Seoul Central District Court.

Kwon & Co. also has wide experience in Crew Death & Injury issues, providing legal advices for crew injuries under Korean Seafarers Act, seeking amicable resolution of the case but ultimately protecting the interest of the clients which include Hyudai Glovis, HMM, Sinokor Merchant Marine, SK Shipping, Shinsung Shipping and Korea Shipping Association, and P&I clubs such as Standard Club, Steamship Mutual P&I and North of England P&I.

Kwon & Co. is also actively engaging in rehabilitation/bankruptcy cases of shipping companies such as Hanjin Shipping, Pan Ocean, Korea Line and Daebo International Shipping to protect the interest of the creditors who are mainly foreign ship owners. The cases deal with mostly time charter or voyage charter disputes where Kwon & Co. had received very good outcomes since it requires extensive knowledge and experience in both Korean rehabilitation procedure as well as English law, which usually is the governing law of the charterparty.

Kwon & Co. had also become an adviser law firm to SK Shipping, which is one of the largest shipping companies in Korea, and was an advisor law firm to T.S. Lines, one of the largest shipping companies in Taiwan, from 2018 to 2021.

Department Name Email Telephone
Shipping Tae Il Kwon
Marine Insurance Tae Il Kwon
Shipbuilding Tae Il Kwon
Aviation and multimodal transport Tae Il Kwon
International trade Tae Il Kwon
Corporate rehabilitation and bankruptcy Tae Il Kwon
International litigation and arbitration Tae Il Kwon
General civil and criminal law Tae Il Kwon
Photo Name Position Profile
Suyeon Jung photo Suyeon Jung Senior Associate
Tae Il Kwon photo Tae Il Kwon Partner
Partner : 1
Senior Associate : 1
Associate : 4
English
Korean
Korean Bar Association