Kim & Chang

South Korea

Analysis

Overview

Athe largest and most dominant full service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a veritable first-choice firm for many international multinationals, brands and domestic conglomeratesIts sheer size allows the firm to house multiple top-notch specialists in every niche area of legal practice and push the boundaries of innovation with landmark and sizable matters. The competition team welcomed talent from the National Court Administration of Korea, KFTC, Shin & Kim, Seoul Central District Prosecutors' Office and the Seoul Central District Court. Two former team members went in-house to SK Hynix and Naver.The firm’s disputes pillar gained 12 additional lawyers from various courts and peer firms, while the intellectual property group boosted its numbers by sevenTwo TMT specialists and one disputes lawyer departed for Coupang.

Client feedback 

The firm has a client-focused mindset, broad coverage of areas, is readliy accessible, and has a great reputation. – Banking and finance 

It has professionals related to not only international laws but Korean laws and practices. – Banking and finance 

Good understanding and ability in global business, especially good at communication in English. – Competition and antitrust 

They have the most profound insights on the issues they have worked for. – Competition and antitrust 

Kim & Chang had an army of professionals in all areas where we neededand any company would needadvice for. Its professionals not only understand the regulations well but also had a deep understanding of the authority's focus and direction. The team’s advice was more than pragmatic, which made it very easy for our internal decision makers to decide. – Competition and antitrust 

They consider various dimensions. They give us comprehensive advice so I don't need to worry about skipping something important. – Competition and antitrust 

Their expertise is far superior to other law firms. – Competition and antitrust 

It has specialist international arbitrationdispute resolutionconstruction and infrastructure work. – Construction 

The lawyers have a good command of the English language and understanding of international clients. They provide practical and prompt advice. – Corporate and M&A 

Kim & Chang  gave us very helpful and effective advice on our recent arbitration in aspects of legal principle as well as business strategy. – Dispute resolution 

Attorneys at Kim & Chang brought their in-depth understanding of the laws, practices, and procedures of an international arbitration litigation, achieving a positive result in the case. – Dispute resolution  

It retains various industry experts. – Dispute resolution 

As we do not have in-house lawyers, we have to heavily depend on legal services from Kim & Chang to handle this case. The firm provided professional legal advice with a step-by-step approach and prepared professional reasoning documentationFinally we could win the case and protect our company’s reputation. – Dispute resolution 

Very responsiveaccessible, and providing well-thought advice. – Dispute resolution 

They understand well what the client needs, and knows how to take a very pragmatic and commercial approach to assist in resolving disputes favourably. – Dispute resolution 

Kim & Chang has a great deal of experience in the field our company specialises in. It has been working with us for quite a long time and knows exactly what the client's needs are. – Dispute resolution 

It has the top talent in Korea and they give us practical solutions. – Dispute resolution 

The wealth of expertise around the table is unmatched by any other law firm in Korea. This provides exceptional quality of legal advice by the highly regarded experts in each field. – Dispute resolution 

They understand well the industrial background and our company's culture. – Energy 

Kim & Chang provides comprehensive legal advice including that on related issues and detailed regulations. – Insurance 

They are out-of-the-box strategists who understand that we, as a client, prefer to resolve infringement matters outside of court. They always come to a discussion with several options and alternative courses of action. They are on the cutting edge in the industry. For example, when we had questions about WeChat as an increasing infringement platform for our company they readily advised on the provisions of WeChat's takedown policies and our options. – Intellectual property 

The lawyers found key points and blocked an opponent's claim. – Labour and employment 

Helped us with the review of documentation to be filed to the governement and obtained favorable approvals for us. – Media and entertainment 

Lawyers are responsive, accurateprofessional, understanding of the client's needs and have good communication skills – Privacy and data protection 

The team had a deep understanding of the project and strong negotiation skills.” -  Real estate 

They are expert and service minded. – Regulatory 

The lawyers provided a detailed review with sufficient explanation. – Regulatory 

It is a leading law firm which provides excellent professional services not to mention their outstanding expertiseThe team are supportive and have high competency. – Regulatory 

It is a one-stop service for overall issues. – Regulatory 

It is proactive in identifying and catering to the client's needs, has unparalleled level of expertise in almost all fields of law, and has the ability to accommodate multiple work streams focusing on multiple issues. – Regulatory 

Kim & Chang is concentrated with industry-leading attorneys and a wide range of professional consultantsmany of who have been a part of government agencies. There is such a broad range of expertise to help companies navigate the complex regulatory environment of South Korea with much ease. – Regulatory  

The lawyers always demonstrate professionalism and expertise across various service areas. It is attentive to client's needs and the service quality mostly exceeds expectation. – Regulatory 

It has deep legal and local commercial expertise, takes practical approaches, and is responsive, collaborative, and flexible. – Restructuring and insolvency 

They always provide accurate and in-depth opinions on all kinds of shipping related issues and know well about the shipping business and practices due experience gained through various shipping cases. – Shipping 

It has professional knowledge related to tax law and plenty of human resources. It does an outstanding job when it comes to tackling international issues. – Tax 

They provide in-depth research, continuous updates, professional advice and strategy that identify and address core issues. – Tax 

They have a lot of experience in different issues, and have expertise in the areas they provide advice in. They provide creative ideas to complex legal issues which often brings the best results. – Technology and telecommunications 

Jae Ho Baek 

He provides solutions and outstanding legal analysis. 

Keun Ah Cho 

Abundant experience. 

Suh Kyoung Cho 

He is extremely dedicated, efficient and provides timely legal support. He has excellent communication strategies and a great understanding of the overall industry beyond legal issuesHe  provides innovative solutions to complex issues. 

Yong Hoon Cho 

He is always attentive to clients needs and delivers high quality solutions as a first line of contact for our company. He assembles strong team of experts to deliver high quality services, and is very accessible and responsive. 

Good knowledge about the local market and related laws. 

Dong Shik Choi 

Excellent coordination and capable team support. 

Kyungsun Kyle Choi 

Good command of English and understanding of international clients. She gives prompt and practical advice. 

Myungsuk Choi 

Mr. Choi's knowledge on comparative law helps multinational clients easily understand local concepts and identify similarities and differences, enabling discussion and conversation with the client and not just relying on local counsel. 

Matthew Christensen 

Great industry knowledge and experience with positive can-do attitude. Good ability to get to the bottom of issues and produce a pragmatic solution. 

Byung Suk Chung 

He has worked in the shipping arena over 40 years. Therefore, he always provides accurate and in-depth advice in time. He is easily approachable all the time. 

Ji Soo Jang 

Long-standing experience and has the right insights to resolve the issue. 

Has deep and comprehensive understanding of the industry and associated professional knowledge, engaged with suitable experts and demonstrated thoroughly with timely legal analysis. 

Jong Won Jeon 

He is a leading lawyer who provides extensive effort which is evidenced by the high quality of the outcome. He provides excellent professional service, not to mention his outstanding expertise. He is a highly competent lawyer with great insight who can also be flexible and innovative with legal application and interpretation. He offers clear and succinct communications. 

Youngjin Jung 

He's excellent in every dimension. He has knowledge and skill, and organises the best team for regrading projects. 

Edward Kang 

Ability to deliver quality products. 

Han Cheol Kang 

He rates highly for responsiveness, knowledge level, and communication skills. 

Hye Sung Kim 

I would say Ms. Kim's best attributes are her in-depth understanding of the laws and practices of the international arbitration and cross-border litigations under various jurisdictionsAlso her unparalleled commitment to her clients' needs and concerns on all levels of the dispute resolution process. 

Hye Sung is always very passionate on work and tries to fully understand relevant issues and core facts, which leads to a successful case. 

Ms. Hye Sung Kim has shown a great deal of devotion in the cases we have been working on.  Her in-depth knowledge on cases and legal expertise, have and continue to be an asset to us. 

Hyo Sang Kim 

Creative, well-versed in how to manage the relationship with government agencies and attentive to client's needs. 

Jay Kim 

Excellent communication skills, task management and advice. 

Jeong Kim 

Sincerity and diligence. 

Youngjoon Kim 

Good relationship and communication skills with clients. Professional attitude to competition and antitrust issues. 

Ann Kwon 

Excellent case strategy, communications, and quick matter resolution. 

Kyoung (Kay) Yeon Kim 

Conducts detailed reviews by looking at various aspects. 

Hemi Lee 

Her advice is well-thought out, practical and clear. It really helps us to make decisions. Her communication is more than superb. I was a very picky and difficult client requesting tight deadlines, in-depth analysis and lean cost. She always exceeded my expectations. 

Hwan Beom Lee 

Comprehensive consulting. 

Hyo Je Lee 

Sincerity and diligence. 

Jae Bok Lee 

Provided detailed and practical solutions. 

Sang Woo Lee 

His professional knowledge helps set forth favourable strategies to clients. 

Seung yi Paik 

Very responsive and accessible, and providing well-thought advice. 

Jong Guk Pak 

He is extremely responsive and easy to talk to. He has a solid base in the healthcare industry and regulatory practice, and can suggest practical strategies and pointers quickly. He is very thoughtful in high-stakes cases. He is proficient in English so easy to engage for regional and global conferences. 

Great communications and knowledge. 

John Park 

He is readily accessible and gives prompt responses when needed. He provides practical solutions regarding difficult issues. He knows what the client needs and requires to solve matters that are extremely hard to tackle. 

Wan Bin Park 

Good communication skills and a positive, courteous and professional attitude. 

He is always friendly and supportive for any legal issues and topics, which leads to smooth and open communication so we can get the best solution for our company. In addition, when we request any demanding queries and requests, he truly works hard to meet our needs such as complimentary training sessions, this is really helpful for us and we are thankful for his support. We are maintaining very long-term working relationship, so we wish to continue this successful network. 

Chang hee Shin 

Good relationship and management skills. 

Sangmyoung Shin 

He has great work background, especially in the field of banking and finance. His knowledge and experience in the banking sector are extremely valuable to advise lenders in financial markets. He was the first lawyer to work with genuine passion and commitment toward his job. 

Jung Keol Suh 

His capability as legal counsel is outstanding, even perfect. 

Kevin Todd 

Excellent communications, responsive, practical commercial approach, and able to explain complex legal concepts to the business team. 

Seung Jong Yang 

He is well-organised and has good skills interacting with coworkers. 

 

 
Tax

Work highlights 

Successfully represented the plaintiff, an international bank, in the first appeal to induce a decision of cancellation for the personal income withholding tax. The client was also successful in the second appeal to obtain the decision of cancellation in the defendant’s assessment. 

Represented an industrial client as the taxpayer in a tax litigation on the deductibility of loss upon redemption of convertible bonds.

 
Private equity

Work highlights 

Advised KKR on the sale of 100% equity interest in KCF Technologies to SKC Corporation for just over $1 billion.  

Acted for Affirma Capital on its $942 million sale of EMC Holdings to SK E&C.  

Represented Hahn & Company on its $342 milion acquisition of a biofuels business from SK Chemicals. 

Key clients 

Anchor Equity Partners, Curious Partners Investment, Praxis Capital PartnersSkyLake Investment, TPG Asia

 
Intellectual property

Work highlights 

Represented Novartis against a patent challenge brought by generic companies relating to patent term extension.   

Defended silicon rubber test socket manufacturer, ISCin remanded invalidation actions against a counterparty's new prior art 

Represented Korean marketing agency, SM Culture & Contents, before the Supreme Court in a dispute involving the alleged misappropriation of advertising ideas. 

Key clients 

Hermes, Medytox

 
Dispute resolution

Work highlights 

Represented Hanjin KAL in a dispute relating to the client’s issuance of new stock in connection with Korean Air’s acquisition of Asiana Airlines. 

Advised Schindler Holding in an investment treaty arbitration against the Republic of Korea. 

Acted for claimant ChuanQi IP, a Korean software company,in an arbitration before the ICC against various Chinese parties.  

Key clients 

Doosan InfracoreHermes Korea, Orient Shipyard, Philip Morris Korea

 
Investment funds

Work highlights 

Advised IMM Investment Corporation on the formation of its mezzanine strategic fund, Petra’s 8th private equity fund. 

Acted for Meritz Alternative Investment Management on the establishment of a domestic fund of funds for the purpose of investing in multifamily real estate assets in metropolitan areas of the US.

 
Restructuring and insolvency

Work highlights 

Representing Korea Trade Insurance Corporation, Hana Bank, Shinhan Bank, NongHyup Bank, Industrial Bank of Korea, Kookmin Bank, and Samsung Card in an appellate trial filed against Seoul Guarantee Insurance CompanyWoori Bank, Export-Import Bank of Korea and Korea Technology Finance Corporation over the payment of "profit and loss settlement" in workout procedures for 21st Century Shipbuilding.  

Acting for HSG Sungdong Shipbuilding in an objection to the confirmatory action of rehabilitation security rights against the client filed by the Military Mutual Aid Association.  

Representing Woori Bank in a $10 million litigation case against Korea Development Bank and Korea Trade Insurance Corporation that is connected to the unwinding and rehabilitiation of SLS Shipbuilding.  

Key clients 

BW Offshore, Daewoo Development, HaengnamHankook Shell Oil, NEK 

 
Corporate and M&A

Work highlights 

Acted for SK Hynix on its $9 billion acquisition of Intel’s Nand SSD business, Nand component and wafer business, and the Dalian Nand memory manufacturing facility in China.  

Advised Hyundai Motor Company, Kia Motors and Hyundai Mobis on Hyundai Motor Group’s joint venture with Aptiv Technologies.  

Represented Macquarie Asia Infrastructure Investments on its $2.5 billion acquisition of existing shares of Daesung Industrial Gases 

Key clients 

KB Financial Group, KKR, Korean Airlines, SK Networks, Woongjin Thinkbig 

 
Capital markets

Work highlights 

Acted for the Korea Development Bank in connection with an update of its $5 billion Euro-commercial paper programme.  

Advised Bit Hit Entertainment in relation to its $840 million listing on the KOSPI market of the Korea Exchange. 

Represented KB Securities and Societe Generale in relation to the $320 million issuance of asset-backed securities of Shinhan Card’s credit card receivables.  

Advised Kakao on the issuarnce of $300 million zero coupon convertible bonds.  

Key clients 

Citigroup Global Markets, Hyundai Capital ServicesKEB Hana Bank, KT Corporation, The Carlyle Group

 
Competition/antitrust

Work highlights 

Advised global food delivery service provider, Delivery Heroin the Korean merger filing for its $4 billion acquisition of Woowa Brothers. 

Represented LVMH Moët Hennessy-Louis Vuitton in obtaining unconditional clearance from the Korea Fair Trade Commission for its acquisition of Tiffany & Co.  

Advised Booking.com International in the KFTC investigation into alleged use of unfair terms and conditions, and on its appeal of the KFTC's corrective order requiring the company to amend its terms of service. The team helped the client obtain a Seoul High Court decision reversing the antitrust regulator’s corrective order. The KFTC has appealed the Seoul High Court’s decision to the Supreme Court. 

Assisted Danaher Corporation in the Korean merger filing for its acquisition of General Electric Company’s Healthcare Life Sciences Biopharma Business. 

Key clients 

Air Products and Chemicals, Hitachi, INEOS Group, Neptune Merger Sub II, Peugeot, Xperi Corporation 

 
Banking and finance

Work highlights 

Acted for the Export-Import Bank of Korea on the development and financing of lithium-ion battery manufacturing facility located in Sweden.  

Advised the Korea Development Bank on the project financing of three solar projects in Japan.  

Represented KDB and H-Line Shipping on the financing for five ore carriers in relation to purchase of the COA business by H-line Shipping from Polaris Shipping 

Key clients 

Chuncheon Energy, Hanwha Energy, Korea Ocean Business Corporation, Shinhan Bank 

 
Construction

Work highlights 

Advised DK Asia and Urban Development Project Association on relevant litigation and the procedure for the pre-sale of urban development projects and apartment housing projects conducted in a replotting-based approach in Incheon.  

Assisted Kye-Ryong Construction Industrial on winning its bid for the construction of the extension of Bank of Korea.

 
Aviation and shipping

Work highlights 

Successfully represented the hull insurers, Samsung Fire & Marine Insurance, in defending against a claim involving a tug vessel that sank during its towing voyage from China to Tanzania.   

Filed a judicial review action on behalf of Panasia against the Korean government and successfully obtained an order suspending the cancellation of administrative approval for the production of ballast water treatment system. 

Acted for 13 Korea registered container shipping companies and their Korea Shipowners’ Association in administrative proceedings against the Ministry of Land, Infrastructure and Transport.   

Key clients 

Cosco Shipping Lines, DANAOS Shipping, KB Shipping, Orient Shipyard, Shell & Coenshexicon 

 
Energy

Work highlights 

Advising Copenhagen Infrastructure Partners  on all aspects of its Korean operations and on the development of various offshore wind power projects in Korea. 

Assisted Naepo Green Energy on its purchase of LNG from KOGAS.  

Advised Taekwang Power Holdings on the investment structuring, joint venture aspects, project structuring and project financing of its coal-fire power project in Vietnam.  

Key clients 

Korea East-West Power, JA Solar Technology, Patagonia Korea, Shell Eastern Petroleum 

 
Insurance

Work highlights 

Assisted Kakao Pay on its establishment of a digital insurance company.  

Advised KB Financial on its acquisition of the Prudential Life Insurance Company of Korea from Prudential International Insurance Holdings for $2 billion.  

Represented Korean Re, a local reinsurance company, in its appeal to the Seoul High Court seeking reversal of administrative sanctions imposed on it for alleged abuse of market dominance by unfairly excluding competitors from the general aviation reinsurance market. 

Real estate

Work highlights 

Advised Y22 Project Financing Investment on the sale of Tower 2 of Parc1 Complex in Seoul for $837 million.  

Acted for E-mart on the disposition of its land for $719 million to TaeYoung E&C consortium. 

Represented GIC on the $529 million forward purchase of a mixed-use commercial strata building in Seoul.  

Key clients 

Dongwon Development, IGIS Asset Management, Mapletree Logistics Trust ManagementtSamsung SRA Asset Management 

 
Technology and telecommunications

Work highlights 

Advised Coupang on its $60 billion IPO on the New York Stock Exchange.  

Assisted SK Telecom in receiving regulatory approval to discontinue its 2G services.  

Acted for a global tech giant in an administrative litigation against the Korea Communications Commission to revoke an unlawful disposition under the Telecommunications Business Act.  

Key clients 

Delivery Hero, Riot Games Korea, Spotify