Leading Associates

Firms To Watch: International arbitration

International arbitration in South Korea

A&O Shearman

With practitioners in Singapore and Hong Kong, A&O Shearman‘s international arbitration practice has broad sector expertise, in addition to aptitude in investment treaty disputes. Practice head Sheila Ahuja KC regularly advises on complex international commercial arbitration and investor-state disputes.

Praxisleiter:

Sheila Ahuja


Kim & Chang

Kim & Chang houses a team that offers cross-border capabilities, featuring experience in high-profile and complex disputes. Practice head Byung-Chul Yoon brings extensive experience in high-profile arbitrations, with a diverse caseload that recently includes significant work in investment treaty arbitrations. Sae Youn Kim‘s expertise spans international commercial disputes, while Matthew Christensen engages closely with private and public sector clients on arbitrations arising out of complex international construction and engineering projects. Leading the North American arbitration practice, Joel Richardson is a seasoned advisor on arbitrations administered by the ICC, KCAB, and LCIA. Shul Park has overseen recent developments in the arbitration practice, including emergency proceedings, investor-state disputes, and energy disputes.

Praxisleiter:

Byung-Chol Yoon


Weitere Kernanwälte:

Sae Youn Kim; Matthew Christensen; Joel Richardson; Shul Park; Chul-Won Lee; Hyungkeun Lee; Harold Noh; Bo-Ram Hong; Dong Yoon Chae; Theodore A. Weisman


Referenzen

‘What sets this team’s international arbitration practice apart is its strategic clarity and deep understanding of how to present complex factual narratives in a compelling manner before arbitral tribunals. The team tailors its strategy with precision, grounded in a profound grasp of both the substantive law and the procedural nuances of arbitration.’

‘One of the team’s key strengths is its ability to formulate winning case strategies that are tightly aligned with the client’s objectives. The team demonstrates a strong commitment to transparency and responsiveness in client communications, ensuring that the client remains fully informed and engaged throughout the process.’

‘In complex, high-stakes arbitrations with multiple phases involving intricate factual and legal issues, this team stands out for its ability to distil the narrative and present it in a way that resonates with arbitrators. Their combination of legal insight, strategic thinking and evidentiary discipline has repeatedly translated into successful outcomes for their client. ’

Kernmandanten

Schindler Holding AG


Standard Chartered Private Equity (Affirma Capital)


Mitsubishi Power


Brookfield Asset Management


Glenwood Private Equity


Samsung Heavy Industries


LG Household & Healthcare


Macquarie Korea Infrastructure Fund


Hanwha


SK Hynix


Highlight-Mandate


  • Representing Schindler Holding AG in an investment treaty arbitration filed against the Republic of Korea, under its treaty with the EFTA countries, with a claim amount of approximately US$300m concerning its equity investment in Hyundai Elevator.

Lee & Ko

With clients highlighting the group’s ‘seamless integration of Korean legal expertise with international standards and expectations’, Lee & Ko has a long-standing position in the international arbitration market, with particular experience in the IP, entertainment, and energy sectors. Team head Eun Young Park is a seasoned practitioner in commercial and investment treaty arbitration. Also leading the practice is Zac Sharpe, who is dual-qualified in the US and as a solicitor-advocate in England and Wales, regularly advising the oil and gas, shipbuilding, and technology sectors. Sanghoon Han is an investor-state disputes specialist, whereas Saemee Kim has deep knowledge across a span of industries, including energy, entertainment, and life sciences. Han-Earl Woo, previously served as a public advocate where he developed experience in investor-state arbitration.

Praxisleiter:

Eun Young Park; Zac Sharpe


Weitere Kernanwälte:

Sanghoon Han; Saemee Kim; Han-Earl Woo; Grace Yoon; Minjae Yoo


Referenzen

‘Lee & Ko truly lives up to their reputation of being client-centric and a market leader in international arbitration. They always put the client’s best foot forward . ’

Grace Yoon is very knowledgeable and has an ability to explain complex matters clearly and concisely. Minjae Yoo is exceptionally sharp and dedicated. He often anticipates issues before they arise and always has a solution ready.’

‘Lee & Ko’s international arbitration team is a standout in the Korean and wider global legal market. Their ability to combine deep legal knowledge with commercial pragmatism makes them a trusted partner on high-stakes, cross-border disputes.

Kernmandanten

Kiheung International LLC, Kiheung Motors Limited


Shanghai Kaiying Network Technology Co., Ltd.


Banyan Tree Group


The Republic of Korea represented by the Defense Acquisition Program Administration


Jeju Air Co., Ltd.


Highlight-Mandate


  • Represented the Republic of Korea represented by the Defence Acquisition Program Administration in the defence procurement sector
  • Represented Korea Hydro & Nuclear Power and Korea Electric Power Corporation in the energy and natural resources sector
  • Represented Shanghai Kaiying Network Technology Co., Ltd in the IP, entertainment and gaming sector

Peter & Kim

The international arbitration team at Peter & Kim continues to add clients to its impressive roster across a wide array of industries, including construction, corporate, and media. The practice group is co-led by experienced partners Kap-You (Kevin) Kim, who specialises in investment and commercial arbitrations, and John Bang, who has vast experience in proceedings across all major institutions. Mino Han is a seasoned advisor on construction and engineering disputes, regularly conducting advocacy himself. Seokchun Yun handles complex disputes that the firm receives, having represented government, domestic and foreign clients at all stages of international arbitrations. Yunsoo Shin, Arie Eernisse, and Dongsuk Shin are also recommended.

Praxisleiter:

Kap-You (Kevin) Kim; John P Bang


Weitere Kernanwälte:

Seokchun Yun; Yunsoo Shin; Arie Eernisse; Dongsuk Shin; Mino Han; Ara Cho; Eun Kyung (Jennifer) Yoo; Edern Coënt


Referenzen

‘This is by far the best arbitration team in Seoul. No question and no one else comes close. It is a team of superstars, founded by Kevin Kim when he left BKL. It has only grown since then, in terms of size but also quality and international reach. They are on par with any international law firm anywhere, including the UK magic circle firms.’

‘Kevin Kim – Founder and leader, built an excellent team and lets them do their work. John Bang – The real leader of the firm, the general, the coach, the manager. Also, an excellent advocate. Mino Han – Often the face of the team, as he likes to network. Very good marketer for the team.’

‘Ara Cho – Quiet brains of the team. Eun Kyung (Jennifer) Yoo – An excellent lawyer. Arie Ernisse – An excellent, US-qualified, advocate. Edern Coënt – Former ICC counsel, also fluent in Mandarin. It would take me too long to list all and comment at length.’

Kernmandanten

Korea Electric Power Corporation


Affinity Equity Partners, EQT Partners (f/k/a Baring Private Equity), IMM Private Equity, GIC (Singapore’s sovereign wealth fund)


Harvest Charm Foods Co., Ltd.


Republic of Korea


Westinghouse Electric Company LLC


SK Ecoplant, Ltd.


Socialist Republic of Vietnam


Mirae Asset Global Investments Co., Ltd.


POSCO Engineering and Construction Co., Ltd.


HD Hyundai Heavy Industries Co., Ltd.


Highlight-Mandate


  • Acting as lead counsel to Korea Electric Power Corporation in a London-seated LCIA arbitration against Korea Hydro & Nuclear Power Co., Ltd. regarding additional costs incurred during the commissioning of the Barakah Nuclear Power Plant in the United Arab Emirates.
  • Acting as lead counsel to a private equity consortium consisting of four financial institutions in a long-standing shareholder dispute against the chairman of Kyobo Life Insurance Co.
  • Acting as lead counsel to the Socialist Republic of Viet Nam in two parallel cases initiated by two Chinese-based companies under the China-Viet Nam BIT and under the ASEAN-China Investment Agreement.

Bae, Kim & Lee LLC

Under the leadership of Tony Dongwook Kang and Woojae Kim, Bae, Kim & Lee LLC‘s arbitration bench has further strengthened by hires, including Christopher Mainwaring-Taylor, an experienced English-qualified solicitor, from A&O Shearman where he was a partner for over a decade. Kim has a strong track record in investor-state disputes. Junu Kim has extensive experience in investment arbitrations, while Hongjoong Kim has represented clients in international disputes across various industries. Dual-qualified in England and Wales and in New York, Yoon Jeong Park is a key practitioner on disputes relating to the shipping and shipbuilding industry.

Praxisleiter:

Tony Dongwook Kang; Woojae Kim


Weitere Kernanwälte:

Junu Kim; Hongjoong Kim; Yoon Jeong Park; Chris Mainwaring Taylor; Hangil Lee; Sangchul Kim


Referenzen

‘Ms Hangil Lee is astute and highly capable. Mr Sangchul Kim is excellent with his calm and steady manner’

‘Throughout our engagement, we received high-quality legal services across multiple areas, with a level of professionalism, expertise, and responsiveness that was truly impressive.’

‘Mr. Sangchul Kim provided invaluable support in connection with my company’s long-term arbitration matter. His deep knowledge of arbitration procedures, combined with his strategic insight and calm, professional demeanor, gave us great confidence throughout the process.’

Kernmandanten

Affinity Equity Partners Pte. Ltd.


IMM Private Equity, Inc.


Baring Private Equity Asia (now known as EQT Private Capital Asia)


GIC Private Limited


Republic of Korea


Dongbu Corporation


Actoz Soft Co., Ltd.


Nibec Co., Ltd.


Genexine, Inc


Wonik PNE Co., Ltd


Highlight-Mandate


  • Advised a consortium of financial investors in a high-profile ICC arbitration against the chairman of Kyobo Life Insurance, securing a landmark partial award enforcing specific performance and financial penalties under Korean law.
  • Advised the Republic of Korea, alongside Arnold & Porter, in the ICSID annulment proceeding of a USD 216.5 million award, following its successful defense in Korea’s first-ever investor-state arbitration, which dismissed 95% of the USD 4.4 billion claim by Lone Star.
  • Advised the Republic of Korea in an ad-hoc investor-state arbitration under the EFTA-Korea Investment Agreement, defending against Schindler Holdings’ claims arising from regulatory actions related to Hyundai Elevator.

Herbert Smith Freehills Kramer LLP

With over forty years of experience advising Korean clients, Herbert Smith Freehills Kramer LLP is regarded as ‘well-versed in both legal expertise and market practice’ and able to manage all aspects of claims and conduct advocacy at the hearings. Based in London, practice head Mike McClure KC has over fifteen years’ experience resolving complex international disputes for Korean clients, with particular knowledge in the construction, infrastructure, and TMT sectors. Co-leading the practice from Hong Kong, Dana Kim is a leader on complex cross-border disputes, acting in arbitrations under all of the major arbitration rules.

Praxisleiter:

Mike McClure KC; Dana Kim


Referenzen

‘The team understands the market, especially the Korean clients‘ culture and needs. Also, one of the very few firms that can cover diverse jurisdictions.’

‘Well-versed in both legal expertise and market practice. Ms Dana Kim is especially good at providing practical advice. ’

Kernmandanten

Samsung SDI Co., Ltd


British American Tobacco


Baker McKenzie & KL Partners Joint Venture Law Firm

Baker McKenzie & KL Partners Joint Venture Law Firm is turned to by domestic and international companies, with the team handling international disputes and cross-border litigation. Beomsu Kim, oversees the team, focusing on commercial arbitration and investor-state disputes. Sunyoung Kim has extensive experience in arbitration cases before the ICC, SIAC, and KCAB, as well as in ad-hoc arbitrations. David Kim covers a varied stream of matters, with experience acting in commercial disputes relating to construction, shipping, military contracts, and natural resources. Sung Woo (Sean) Lim – previous co-head of arbitration at Lee & Ko  – joined the team in December 2024.

Praxisleiter:

Beomsu Kim


Weitere Kernanwälte:

Sunyoung Kim; David Kim; Sung Woo (Sean) Lim


Referenzen

‘The arbitration team is small but punches above its weight. They have long experience in the Korean market and have handled many large and complex cases, including some of the most widely known cases such as the Lone Star ICSID case.’

‘Beomsu Kim is the firm’s founder and leads the arbitration practice. David Kim is a partner who handles mostly construction arbitrations and is very experienced. The addition of Sunyoung Kim to the team gives the team depth and breadth, as she is an excellent advocate. ’

‘International arbitration practice team at BM & KL Partners in Seoul is made up of top-notch lawyers with superior knowledge of Korean law and international arbitration practice’

Kernmandanten

Lotte Engineering & Construction


LSF-KEB Holdings and others


Mason Capital and Mason Management


POSCO Engineering & Construction


Highlight-Mandate


  • Representing Dr. Shin in ICC arbitration proceedings concerning a 2012 shareholders‘ dispute valued at approximately USD 1.5 billion over put option exercise by a consortium of financial investors in Kyobo Life Insurance Company.
  • Representing Lone Star in this significant ICSID arbitration since 2012, including the recently concluded annulment hearings following the 2022 award.
  • Represented Dr. Chang-Jae Shin in two landmark ICC arbitrations regarding a put option dispute over a minority shareholding in Kyobo Life Insurance, one of Korea’s leading life insurance companies.

Shin & Kim

Regarded for ‘its ability to quickly and effectively take over complex disputes’, Shin & Kim‘s arbitration practice is well-positioned to advise on high-value disputes. Co-head Young Suk Park has a demonstrable track record in commercial arbitrations involving major Korean companies and global companies. For commercial arbitrations, Jae Min Jeon is another key contact. Co-head Robert Wachter has previous experience working in Asia, Europe, and North America. Youngwon Yoon has experience acting on high-value construction and finance mandates. Brandon Bang is regarded by clients for his ‘excellent understanding and knowledge of the arbitral process’. Jae Hee Kim is another name of note.

Praxisleiter:

Young Suk Park; Robert Wachter


Weitere Kernanwälte:

Jae Min Jeon; Youngwon Yoon; Brandon Bang; Jae Hee Kim


Referenzen

‘Brandon Bang demonstrates excellent understanding and knowledge of the arbitral process.’

‘Brandon Bang and his team’s strength lies not just in their expertise in international arbitration, but also in their ability to provide clients with the best options tailored to their specific situations. ’

‘Brandon Bang is absolutely the key person of Shin & Kim’s international arbitration team. He understands various areas of business quickly, which makes us have to explain just once or twice about every issue.’

Kernmandanten

Shinsung E&G


Korea Western Power Co., Ltd.


AIG


KCC Group


FuelCell Energy, Inc.


Industrial Bank of Korea


Wellbridge Asset Management


Hyundai Corporation


Daesung Corporation


Korea Southern Power


IMM Investment


Yuanta Securities Korea Co. Ltd.


Highlight-Mandate


  • Represented Korea Western Power, in a US$400 million investment treaty dispute against the Government of India relating to India’s expropriation of and failure to provide protection to KOWEPO’s investment in a power plant.
  • Represented a Korean construction conglomerate against a Middle Eastern construction company relating to a US$400 million delay and disruption claim arising from the construction of a LNG plant in the Middle East.
  • Represented a state-owned utility in a high-stakes dispute arising from a $20bn nuclear power plant project in the Middle East, involving claims exceeding $1.6bn with both the project owner and major subcontractors over cost, delay, and contractual issues.

Quinn Emanuel Urquhart & Sullivan, LLP

Based out of Singapore and Hong Kong, Quinn Emanuel Urquhart & Sullivan, LLP is experienced in representing private equity firms in shareholder and other disputes with a nexus to Korea. oversees the practice from Hong Kong, specialising in commercial and investment treaty arbitration. Leading alongside him from Singapore, Duncan Watson KC is qualified in both Australia and England and Wales and regularly acts as counsel in international commercial and investment treaty arbitrations. Singapore’s Tom Brebner takes point on private equity disputes and Nicholas Lee chiefly focuses on private equity, financial services, and construction.

Praxisleiter:

John Rhie; Duncan Watson KC


Weitere Kernanwälte:

Tom Brebner; Nicholas Lee


Referenzen

‘Quinn Emanuel Urquhart & Sullivan LLP is one of the premier arbitration practices in Korea. John Rhie dominates.’

‘John Rhie is at the top of the game there.’

‘The Quinn Emanuel Urquhart & Sullivan team is especially adept at picking apart nuanced legal and fact issues, including those requiring a deep dive into English law issues.’

Kernmandanten

Chang-jae Shin (Chairman of Kyobo Life Insurance)


Schindler Holdings AG


Gen2 Partners Limited


Mirae Asset Global Investments Co., Ltd


Highlight-Mandate


  • Representing Chang-jae Shin, the Chairman of Kyobo Life Insurance in an ICC international arbitration against Affinity consortium.
  • Successfully represented Chang-jae Shin, the Chairman of Kyobo Life Insurance in an ICC international arbitration against KLI Investors.
  • Representing Schindler Holding AG, a leading global manufacturer of elevator and escalators in an investment treaty arbitration against the Republic of Korea.

White & Case LLP (Foreign Legal Consultant Office)

Drawing from the firm’s global network, White & Case LLP (Foreign Legal Consultant Office)‘s Korean practice is noted for its expertise in energy and infrastructure construction disputes, enabling the practice to provide guidance on disputes in oil & gas, LNG, conventional power, and digital infrastructure projects. Matthew Secomb, spearheads the practice, lending his experience from the European market to act on energy-related and construction disputes in Korea. David Robertson is recognised for his work in disputes on projects across the globe within the offshore and onshore oil and gas, offshore wind, power, and water sectors.

Praxisleiter:

Matthew Secomb


Weitere Kernanwälte:

David Robertson


Referenzen

‘Able to support Korean clients from Hong Kong and Singapore offices, offers a range of expertise ranging from white collar, litigation, M&A, energy and projects.’

Yoon & Yang LLC

Construction is a cornerstone of Yoon & Yang LLC‘s international arbitration and litigation practice, which is well-equipped to handle disputes in the construction, energy, and insurance sectors, among others. The practice group is co-led by partners Myung-Ahn Kim and Sam Kim. Myung-Ahn Kim has extensive experience in ICC, ICSID, and LMAA arbitration, while Sam Kim has expertise in both commercial and construction arbitrations. Junsang Lee specialises in handling construction, intellectual property, real estate, and commercial disputes. Munjeong Kyung primarily focuses on product liability and construction cost disputes, and Minhwa Kang brings additional experience in construction disputes.

Praxisleiter:

Myung-Ahn Kim; Sam Kim


Weitere Kernanwälte:

Junsang Lee; Munjeong Kyung; Minhwa Kang


Referenzen

‘Yoon Yang is one of the best Korean law firms for arbitration.’

‘Sam Kim is a star there.’

‘As compared to other firms, Yoon & Yang works with a core group of attorneys for each case. The staffed attorneys are well-versed in the facts of the case, and the core-team structure allows for cost-efficient management of the case.’

Kernmandanten

Shinhan Securities Co., Ltd.


Highlight-Mandate


  • Advised Shinhan Securities Co. Ltd and successfully represented the Pluto Fund in an international dispute involving a contract breach related to the Lime Pluto-TF private equity fund.

Yulchon

Yulchon offers a wide range of arbitration expertise that covers commercial disputes, construction issues, and investor-state disputes. David MacArthur‘s far-reaching practice includes the life sciences, manufacturing, and intellectual property sectors. With a background in cross-border M&A and private equity, Eun Nyung (Ian) Lee is a key contact for post-M&A disputes, as well as on disputes with financial and corporate governance aspects. Jeonghye Sophie Ahn acts as both counsel and arbitrator on joint venture, intellectual property, and construction disputes. The three jointly lead the practice.

Praxisleiter:

David MacArthur; Eun Nyung (Ian) LEE; Jeonghye Sophie AHN


Weitere Kernanwälte:

Julie Kim; Hyung Won Nahm


Referenzen

‘David MacArthur, adds a unique value to their practice, which is a US English native arbitration expertise, including US law-type dispute knowledge. He is also expected to build up the arbitration team in their firm.’

‘David MacArthur knows the nature of international clients very well and is mindful of the clients.’

Kernmandanten

KT


Hyundai Engineering & Construction


Daelim Industrial


APEX Group


Siemens AG


POSCO Daewoo


Republic of Korea


Hanwha Corp.


GS Engineering & Construction


POSCO


Highlight-Mandate


  • Advised and represented the Republic of Korea’s (“ROK”) in a setting-aside proceeding before the Singapore International Commercial Court (“SICC”) of an arbitral award issued in PCA Case No. 2018-55, arising from a dispute between Mason Capital LP and Mason Management LLC (collectively, “Mason”) against ROK.
  • Advised and successfully represented the Republic of Korea’s (“ROK”) in an investment arbitration initiated by Mr. Fengzhen Min (“Mr. Min”), a Chinese national of Korean ethnicity.
  • Advised the Republic of Korea’s (“ROK”) regarding a Claim to Arbitration (the “NOI”) submitted by two Canadian nationals of Korean ethnicity against the ROK.

Clifford Chance

Levering a team spanning across Hong Kong, Singapore, Paris, London, and the Dubai offices, Clifford Chance‘s Korea practice is active in international arbitration. Practice head Thomas Walsh acts on private capital and technology disputes out of the Hong Kong office. Paris-based Jason Fry KC is the global head of the firm’s international arbitration group, with experience in disputes relating to infrastructure projects, energy, aerospace, and trade.

Praxisleiter:

Thomas Walsh


Weitere Kernanwälte:

Jason Fry; Paul Coates; Paul Sandosham; Rob Lambert; Hyo Jeong Kwon


Referenzen

‘Thomas Walsh is a superb lawyer. He has appeared before me and is an excellent advocate. Very knowledgeable about the Korean market, also.’

‘Clifford Chance has a very strong international arbitration team. Its lawyers are capable of handling the most complex of disputes, with their in-depth experience and know-how. ’

‘I was especially impressed with their flexibility and their willingness, capability to adapt to the needs of clients. I also had the pleasure of working with Paul Coates, who stands out as an experienced and intelligent partner specialising in construction disputes.’

Jipyong LLC

Among Jipyong LLC‘s broad dispute resolution offerings, the firm is particularly noted for its work in investment and trade, commercial contracts, antitrust & competition, construction, and energy disputes. Jinhee Kim, oversees the team, with experience acting as sole arbitrator in KCAB international arbitration proceedings. Somin Jun concentrates in foreign investment, energy and technology disputes, while Yong Ik Lee covers competition, bankruptcy, and entertainment mandates.

Praxisleiter:

Jinhee Kim


Weitere Kernanwälte:

Somin Jun; Yong Ik Lee


Referenzen

‘They are a team known for providing prompt and precise legal advice, being readily accessible at any time, and offering their services at highly reasonable fees.’

‘Jinhee Kim and Yong Ik Lee possess exceptional capabilities in resolving challenging international contract disputes, consistently providing accurate and timely responses.’

Kernmandanten

Korea Investment & Securities Co., Ltd. as trustee


WellBridge Asset Management, Ltd.


Kukbo, Co., Ltd.


SolarPark Korea Co., Ltd.


Sejong Technology Co., Ltd.


Mirae Asset Securities Co., Ltd. as Trustee


ICURE Pharmaceutical, Inc.


Victims and Relatives of 2019 Hungarian Cruise Ship Accident


AU Optronics


Mayer Brown

Mayer Brown is particularly geared to support clients from the LNG and power sectors, coupled with expertise across a variety of industries, including banks, automobile companies and oil & gas companies, on international arbitration. Out of Singapore, Yu-Jin Tay has over twenty years of experience in South Korean arbitration, with particular expertise in LNG and energy disputes. Sang Joon Park works closely with  Tay on a varied stream of work, spanning from technology to shipbuilding.

Praxisleiter:

Yu-Jin Tay


Weitere Kernanwälte:

Sang Joon Park


Referenzen

‘The firm has an exceptional understanding of the dynamics of international arbitration, carefully tailoring its strategy to the composition, preferences, and track record of each arbitral tribunal rather than adopting a one-size-fits-all approach.’

‘The individuals I have worked with stand out for their rare combination of technical excellence, strategic thinking, and approachability, and for their ability to adapt effectively to the personalities and preferences of arbitral tribunals.’

‘Compared to competitors, the team is not only deeply knowledgeable but also highly adept at deploying tribunal-specific strategies that often prove decisive in international disputes.’

Highlight-Mandate


  • Successfully acted for a leading Asian LNG trader on an LNG-dispute against its upstream LNG seller. This dispute relates to contested issues of Force Majeure invoked by the upstream LNG seller as a result of a force majeure event in the US.