Bae, Kim & Lee LLC‘s maritime practice group covers the gamut of contentious and advisory shipping matters, including acquisitions and insurance work, shipbuilding disputes, significant collisions, and bill of lading disputes, among others. Co-heads Jaiyoung Kim and Yoon Jeong Park count a range of shipping, shipbuilding, and P&I clubs as their regular clients. Young-Joon Cho is experienced in ship financing and contract matters, while disputes expert Sung Won Park handles collisions, pollution incidents and charterparty disputes. Joon Sung (Justin) Kim is another key contact.
Testimonials
Collated independently by Legal 500 research team.
‘Top firm for multi-jurisdiction cases in the commercial and maritime sphere.’
‘Yoon Jeong Park is excellent, diligent, responsive, pro-active.’
‘The Bae Kim & Lee shipping team understands the needs of the client well and provides very prompt responses. The team offers very practical advice with high-quality work.’
‘Yoon Jeong Park is such a talented attorney and very attentive to clients' needs. She is very reliable and trustworthy.’
'The team possesses extensive experience in ship financing, with each team member assigned distinct and clearly defined roles.'
'They have diligently assessed our requirements and have proactively recommended essential measures. With their guidance, we were able to successfully conclude our transaction in the most efficient manner possible.'
Key clients
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- Daewoo Shipbuilding & Marine Engineering Co., Ltd (now known as Hanhwa Ocean)
- DNV
- H-line Shipping
- HMM
- Hyundai Navis
- Korea Line
- Polaris Shipping
- POSCO Flow
- POSCO International
- SM Line
Work highlights
- Advised Korea Development Bank and Daewoo Shipbuilding & Marine Engineering on Hanwha Group’s acquisition of DSME.
- Advised HMM on its purchase of four vessels and assisted with obtaining ship financing from several financial institutions in Hong Kong and Singapore.
- Defending DL E&C against a damages claim filed by the owners of MV “Milano Bridge” in connection with a collision which occurred at the new port in Busan.
Lawyers
Practice head
The lawyer(s) leading their teams.
Jaiyoung Kim, Yoon Jeong Park