Practice
Our sectors
01First-rate practice
Insurance
We have provided the highest quality insurance advice and representation for countless Korean and foreign insurers, such as Hyundai Marine & Fire Insurance, Samsung Fire & Marine Insurance, KB Insurance, Korean Re, Munich Re, Mitsui Sumitomo Insurance, AIG, Allianz and Tokio Marine.
We have supported our clients with respect to almost every kind of insurance product, including package insurance, construction all risks insurance, erection all risks insurance, product liability insurance, professional liability insurance, commercial liability insurance and D&O liability insurance.
We have also provided regulatory advice for Korean and foreign insurers and reinsurers regarding initial formation, licensing, drafting of insurance policies, and even acquisitions and insolvency under the Korean Insurance Business Act.
We have represented original insurers and reinsurers in all forms of alternative dispute resolution in relation to contentious claims and have consistently achieved the best results.
Selected matters 12
- Represented the insurer in litigation over the insurance claim for the Icheon warehouse fire (package insurance)
- Represented the insurer in litigation over the insurance claim for the ILJIN Materials factory fire (package insurance)
- Advised the insurer on the insurance claim for the Moranjang fire (package insurance)
- Advised the insurer on the insurance claim for a bridge collapse (CAR insurance)
- Advised the insured on the insurance claim for typhoon damage to construction materials (CAR insurance)
- Advised the insurer on the insurance claim for land subsidence (CAR insurance)
- Represented the insurer in litigation over the insurance claim for the Wolseong nuclear power plant (EAR insurance)
- Reinsurance claim under all risks property insurance relating to a mobile phone explosion
- Reinsurance claim under mobile phone insurance
- Reinsurance claim for the Incheon Homeplus fire
- Reinsurance claim under recall insurance relating to a defect in electric vehicle batteries
- Reinsurance claims for fires at chemical plants
02Extensive experience
Shipping & Aviation
We have provided legal advice and representation for major players in the shipping and aviation markets, such as Hanjin Shipping, Korea Line, STX Pan Ocean, Korean Air and Air China, for over 15 years. This wide client base has allowed our lawyers to amass invaluable industry knowledge and experience.
We have handled major accidents and incidents, including the MV Hebei Spirit oil spill, the sinking of the MV Sewol ferry, the crash of Air China Flight 129 in Gimhae and the fire on Korean Air Flight 2708 in Tokyo.
We have also represented many shipping lines and airlines in all kinds of cargo claims and passenger claims. Knowledge and experience accumulated over many years enable us to respond to client issues quickly and efficiently.
Selected matters 16
- Collision and oil spill of the MV Hebei Spirit
- Collision and oil spill of the MV Wu Yi San
- Capsizing of the MV Sewol
- Sinking of the MV Insung
- Numerous charterparty disputes in the rehabilitation proceedings of Korea Line
- Numerous charterparty disputes in the rehabilitation proceedings of STX Pan Ocean
- Air China aircraft crash at Gimhae, Korea
- Air France aircraft crash
- China Northern Airlines crash at Dalian, China
- Lao Airlines crash in 2013
- Passenger aircraft crash in Cambodia
- Military helicopter crash in Korea
- LG helicopter crash in Seoul
- Collision of trainer aircraft in Korea
- Hundreds of cargo and luggage claims under the Warsaw and Montreal Conventions
- Various passenger claims for delay, injury and death
03Excellent value for money
International Trade & Construction
We have a wealth of experience working with many kinds of clients to resolve litigation, transactional and regulatory matters in the international trade and international construction sectors.
We competently deliver specialised advice and tailored services to all of our clients on international sale contracts, Incoterms, letters of credit, international construction contracts and independent guarantees.
Selected matters 14
- Represented the foreign beneficiary in the letter of credit dispute Trafigura v. Kookmin Bank
- Represented a French bank in the letter of credit dispute IBK v. Natixis
- Represented several Korean banks in letter of credit litigation against Hwaseung Networks
- Represented a Korean bank in London litigation over a refund guarantee
- Represented a Korean bank in a Singapore arbitration over a refund guarantee
- Advised trading companies on international trade disputes, Iran sanctions and trade insurance
- Advised shipbuilders on shipbuilding contract disputes
- Represented the contractor in a dispute over a power plant project in Libya
- Represented the contractor in a dispute over a building project in Dubai
- Represented the contractor in a dispute over a sewage treatment project in Oman
- Represented the contractor in disputes over advance payment and performance bonds
- Represented the contractor in a dispute under contractor's all risks insurance
- Advised contractors on disputes concerning a petrochemical plant in Thailand, a nuclear power plant in the UAE and a steelworks in Brazil
- Advised contractors and carriers on project cargo disputes in various jurisdictions