Firm / Organisation

Yulchon LLC

Current View:

This content is provided by Yulchon LLC.

Managing Partners: Yong Sup Yoon, Seok Hoon Kang, Hee Woong Yoon
Number of Fee Earners: 470+
Languages: Korean, English, German, Russian, Vietnamese, French, Japanese, Spanish, Cambodian, Portuguese, Burmese

Firm Overview:
Yulchon is a full-service international law firm headquartered in Seoul, Korea. It employs over 400 professionals, including more than 60 licensed in jurisdictions outside of Korea. The firm’s perspective is international and its reach is global. Yulchon advises on a full range of specialised practice areas, including corporate and finance, antitrust, tax, real estate and construction, dispute resolution, intellectual property, and labour and employment. In addition to its main office in Seoul, Yulchon maintains offices in Russia, China, Myanmar, Vietnam and Indonesia, and has 11 regional practice teams covering the world.

Main Areas of Practice:

Corporate & Finance:
Specialising in sophisticated transactional work, Yulchon’s corporate and finance group focuses on business objectives of the clients and employs a cross-disciplinary team approach to address those objectives efficiently and effectively.
■ Advised L’Oréal Group in its acquisition of Nanda Co. Ltd.
■ Represented Woongjin-Stic Investment Consortium in its acquisition of Coway Co., Ltd. from MBK
Contact: Young Su Shin; Sung Wook Eun; Doil Son
Emails: [email protected]; [email protected]; [email protected]

Antitrust experts serve multinational clients with simultaneous multi-jurisdictional antitrust investigations and issues that require close coordination among counsel from each jurisdiction. The team has been recognised worldwide for representing clients both local and abroad in various high-profile cases.
■ Delta Air Lines/Korean Air ‘Metal Neutral’ Joint Venture – First-Ever of Its Kind in Korea
■ Defense of Qualcomm in KFTC’s Abuse of Dominance Matter
Contact: Sung Bom Park
Email: [email protected]

Comprised of over 60 tax experts, Yulchon’s tax group retains an exclusive team that handles legal services on tax controversy matters for foreign enterprises investing in Korea and Korean enterprises investing overseas.
■ Successfully represented SK E&S and POSCO in a series of Tax Tribunal cases concerning the transaction price in a long-term LNG SPA
■ Successfully represented major Korean multinational companies that have subsidiaries in China, including: Samsung Electronics, Samsung Electro-Mechanics, Hyundai Mobis, Mando Corporation, and Hyosung Corporation in regard to the tax sparing credit under the Korea-China Tax Treaty
Contact: Dong Soo Kim
Email: [email protected]

Real Estate & Construction:
The real estate and construction group has experts in a wide variety of fields that can assist clients in every major sector of the real estate and construction industries. The group’s knowledge and systemic interdisciplinary approach enable Yulchon to develop innovative structures and creative solutions customised for the most complex and challenging real estate projects and disputes.
■ Successfully advised the acquisition of the Seoul Square Building by a fund established and operated by ARA Asset Management
■ Advised CBRE Global Investment and the Abu Dhabi Investment Authority in a transaction by which the State Tower Namsan located at Jung-gu, Seoul and owned by a fund operated by CBRE Global Investments was sold to a fund operated by Mirae Asset Global Investments
Contact: Ju Bong Park
Email: [email protected]

Dispute Resolution:
The dispute resolution group is made up of highly respected professionals who have considerable experience working in both the public and private sector. It takes on matters in an organic manner whereby attorneys work cooperatively and draw on the widespread specialist expertise within the firm.
■ Complete victory in favour of KORAIL in the court of first instance and appellate court regarding a dispute over title of the project site for the unsuccessful Yongsan International Business Sector Development Project
■ Representation of NH Investment & securities Co., Ltd. against Hyosung Corporation
Contact: Dong Ryul Choi ; Il Bong Moon
Email: [email protected]; [email protected]

Intellectual Property:
IP group focuses on the client’s business strategies in combination with the particular technologies of a relevant industry to provide tailored legal services. The IP group is experienced in all aspects of IP related issues under Korean law, including issues in the fields of patent/utility model, trademark, copyright, trade secret, unfair competition, entertainment, privacy, and international trade.
■ Represented Daeyou in assisting prosecutors with the criminal investigation of a competitor and two former employees for violating the Unfair Competition Prevention and Trade Secret Protection Act
■ Represented Celltrion Inc. against Roche Diagnostics AG in a patent infringement lawsuit and patent invalidation lawsuit for a biosimilar of Herceptin, which is used to treat breast cancer
Contact: Jeong Yeol Choe
Email: [email protected]

Labour & Employment:
The labour and employment practice has served as advisor to major Korean companies on all aspects of employment-law. The team is able to offer comprehensive assistance with all aspects of individual and collective labour relationships, as well as representation in any disputes related thereto.
■ Several working-hours compliance projects for major companies in the finance, IT, and manufacturing industries, helping them adapt to Korea’s new 52-hour week law
■ Conducted multiple reviews of health-and-safety compliance at large manufacturing, construction and energy clients, in light of the recently amended and enhanced Occupational Safety and Health Act
Contact: Sang Wook Cho
Email: [email protected]

Regional Practices:
Vietnam & Southeast Asia, Russia & the CIS, China, Japan, the European Union, Latin America & Iberia, Emerging Markets


Total 3 contributions

International Arbitration 2020 Trends and Developments in South Korea

Yun Jae Baek, Jeong Hye Sophie Ahn, Hyun Ah Park, Jae Hyong Woo

Read now
International Arbitration 2020 Law and Practice in South Korea

Yun Jae Baek, Jeong Hye Sophie Ahn, Hyun Ah Park, Martina Younghye Chun

Read now
Corporate Tax 2020 Law and Practice in South Korea

Dong Soo Kim, Kyu Dong Kim, Yong Whan Choi, Jeremy Everett

Read now