Dispute Resolution: Arbitration
Asia-Pacific Guide 2024 : South Korea
Band 1
Email address
[email protected]Contact number
+ 82 2 3703 1114About
Provided by Kim & Chang
Kim & Chang is one of the leading international arbitration firms in the world. Our arbitration practice and individual lawyers are consistently ranked as top tier by numerous leading publications, including Chambers and Partners and The Legal 500.
Market Leading Practice within “Korea’s Premier Law Firm”
Kim & Chang’s International Arbitration & Cross-Border Litigation Practice brings to each representation extensive expertise and experience. Our leading standing in the market is reflected in our numerous successful representations and our involvement in the majority of high-profile, high-value, complex international arbitrations relating to Korea. Our 100+ international disputes professionals have expertise in numerous industries - including financial services, energy, power, off-shore construction, pharmaceutics, technology, retail and manufacturing - and have successfully handled high-stake disputes fields, most notably high value cross-border mergers and acquisitions, international investment, trade and commerce, construction, shipbuilding, business management, intellectual property, product liability, and joint venture/shareholder disputes. We advise our clients in all stages of the dispute resolution process to achieve successful results in any legal environment and under any procedural rules.
Chambers Review
Kim & Chang is renowned for its arbitration team, which acts as a trusted adviser to a number of major multinationals. It receives consistent praise from Korean and international commentators for the depth of its bench and long-established knowledge of a range of institutional rules. The team draws on support from the firm's Hong Kong office to advise on Hong Kong-seated arbitrations and China-related matters, with additional experience assisting clients in the construction, energy and maritime sectors. The firm also represents global corporations in post-M&A disputes and acts for both Korean and international clients, drawing on the skills of team members with extensive regional, European and US experience. Kim & Chang also fields on-the-ground teams in Singapore and Vietnam. Its major clients include Brookfield Asset Management, Schindler Holding and Samsung Heavy Industries.
Work Highlights
- Kim & Chang continued to represent Schindler Holding in an investment treaty arbitration against the Republic of Korea. Schindler claimed that the Korean government breached its obligations under the treaty to provide fair and equitable treatment and full protection and security, with respect to Schindler's equity investment in Hyundai Elevator.
Strengths
Provided by Chambers
"The Kim & Chang team developed a well-structured, consistent argument based on different legal systems on which the concerned applicable laws are based."
"The clients are well informed of the matter and know what to expect next in the case. They make every effort to ensure that the clients understand the issues and analysis in the case and assist the clients with making better decisions."
"This team did a magnificent job sorting through the complex history of this case with dedication and professionalism that I have seldom experienced."
"Kim & Chang has a good sense of commercial issues and understanding of what the client cares about beyond the legal case."
"Kim & Chang team exhibited a thorough command of commercial matters. This command proved to be the key during the arbitration when there was no chance to research any particular subject. Such immediate knowledge was very impressive."
"The Kim & Chang team developed a well-structured, consistent argument based on different legal systems on which the concerned applicable laws are based."
"The clients are well informed of the matter and know what to expect next in the case. They make every effort to ensure that the clients understand the issues and analysis in the case and assist the clients with making better decisions."
"This team did a magnificent job sorting through the complex history of this case with dedication and professionalism that I have seldom experienced."
"Kim & Chang has a good sense of commercial issues and understanding of what the client cares about beyond the legal case."
"Kim & Chang team exhibited a thorough command of commercial matters. This command proved to be the key during the arbitration when there was no chance to research any particular subject. Such immediate knowledge was very impressive."
Notable Practitioners
Lee Chul-Won has particular expertise undertaking ICC and SIAC arbitrations. He regularly advises on disputes arising from shareholder agreements, M&A transactions and insurance contracts. His clientele includes international corporates and private equity firms.
"A genuine pleasure working with him. He had a strong commercial understanding on how deals work, and pointed out the single most important law clause to be applied to the case, which made a significant contribution to the favourable final award."
"He has good commercial awareness and uses it to provide practical solutions to clients."
Ranked Lawyers at
Kim & Chang
South Korea
Members
Provided by Kim & Chang