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DEPARTMENT PROFILE

Kim & Chang

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4 ranked lawyersBand 1South KoreaAsia-Pacific 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Market-leading practice with excellent capabilities in financing and contentious maritime matters, advising an impressive range of high-profile ship builders, P&I clubs and insurance companies. Dispute capabilities encompass both wet and dry work, with considerable experience of advising export credit agencies. Financing expertise covers new builds and refinancing transactions. Particularly noted for its handling of multi-jurisdictional issues. Also assists with insolvency proceedings and enforcement actions.

Strengths

Clients are impressed by the team's comprehensive approach to mandates. One notes: "They definitely have experience and knowledge of the industry and are savvy about the commercial realities.  They also draw upon resources and expertise from their other practice groups."

Another pleased source describes the team as "highly commercially astute" and "flexible in ensuring resources are available."

Work highlights

Acted for Hyundai LNG Shipping in a post-M&A dispute with Hyundai Merchant Marine concerning the consecutive voyage charter for Korea Gas Corporation.

Notable practitioners

Sources agree that practice co-head Byung Suk Chung is "one of the most prestigious partners, and has been in the field for a long time."  He covers a wide variety of wet and dry shipping disputes on behalf of P&I clubs, insurance companies and shipowners. A client enthuses: "He has a great reputation and is regarded as a market leader. He has expertise and is also very approachable and easy to reach, which is important."

Chul Won Lee has extensive experience handling shipbuilding disputes and shipping insurance matters. Clients describe him as "very sharp" lawyer with "excellent analytical skills," allowing him to "establish a strategy and handle cases calmly. Another source adds: "He is one of a handful of Korean lawyers dual-qualified in Korea and the UK, which is very helpful."


The "expert" Hi Sun Yoon is celebrated for his ship financing expertise and is regularly involved in high-value finance transactions on behalf of Korean and international lenders. A client describes him as "one of the best experts in the ship financing sector."

Jin Hong Lee remains active on shipping insurance matters, including collisions and fires. One source highlights the three decades of experience he brings to bear on mandates, describing him as a "renowned maritime lawyer in South Korea."

Department Information

This content is provided by Kim & Chang.

Overview

The Maritime Practice of Kim & Chang is comprised of professionals, including Korean and foreign lawyers, with expertise in a complete spectrum of cross-border/multijurisdictional maritime law matters, including ocean policy, fisheries, port and marine leisure.

Building on the experience gained through various major shipping cases, our Practice covers regulation of the shipping industry, ocean, fisheries, port terminal and authorities, aviation and other transportation law-related issues, marine insurance and reinsurance, shipbuilding and off-shore facilities, and ship sale & purchase contract disputes as well as international commodities and trade disputes.

The in-depth knowledge and hands-on experience of our Practice’s senior members combined with the diverse work force and broad-based access to other specialized expertise of Kim & Chang makes us a leader in providing clients with tailored service custom fit for the needs of the client and the case.

Shipping

Kim & Chang

firm
Location

39, Sajik-ro 8-gil

Jongno-gu

Seoul

Seoul

South Korea

110-720

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

South Korea

Shipping


Byung Suk Chung
Band 1
Chul Won Lee
Band 3
Jin Hong Lee
Band 2

Shipping: Finance


Hi Sun Yoon
Band 1