What the team is known for
Bae, Kim & Lee is a significant advisory presence on North Korea-related matters throughout recent years, working with leading companies, government ministries, non-profit foundations and export credit agencies on a range of issues arising from relations between North and South Korea. Has rich experience in direct investment and joint venture matters, with considerable expertise in issues arising from the closing of the Kaesong Industrial Complex. Has a South and North Korea economic cooperation task force team comprising North Korean legal specialists and industry experts with previous experience in government ministries. Its key clients include Hyundai ASAN, Busan Bank and the Korea Copyright Commission.
Clients praise the firm's depth of expertise in this area. As one source reports: "They have extensive knowledge and various experience that we need in this area. They are well aware of the risks and considerations when we are doing business between South and North."
Bae, Kim & Lee assisted Hyundai ASAN, following a default of a loan provided to a second party, in transferring the right to request a deposit payment to Hyundai ASAN, preparing a debt repayment agreement to settle the remaining debt, and having the deposit actually disbursed.
Chan Ho Lee
advises companies, government ministries and non-profit organisations on inter-Korean economic exchanges and international trade negotiations. He is described by a client as one of the team's "experts in North Korea matters,"
with the ability to "provide outstanding results."
handles a range of instructions relating to South-North economic cooperation on behalf of government entities, banks and corporations. A client appreciates his "high understanding of the legal services we need"
and "ability to communicate well with us."