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BKL recognized as "Labour and Employment Firm of the Year" at Asialaw Regional Awards 2019

BKL was awarded the “Labour and Employment Firm of the Year” award at the Asia Regional Awards held on May 30, 2019, in Hong Kong. The awards ceremony celebrated the achievements of firms across 25 jurisdictions, with awards being presented based on innovation, complexity of matters advised on and impact.


In the ceremony, BKL received commendation for its contributions to the resolution of major disputes, including lawsuits regarding ordinary wages against some of Korea’s leading conglomerates Hanwha Engineering & Construction and Hyundai Rotem’s, and Kia Motors and Samsung Electronics Service’s cases on workers asking for confirmation of their employment status. BKL was also acclaimed for playing a vital role in dealing with industrial safety accidents that occurred in conglomerates.


BKL is the only law major Korean law firm that has an Industrial Safety Team. The team has been successfully representing and advising clients, including foreign companies in Korea, in cases involving employment contracts, compliance and other business activities.


Asialaw, the host of this awards ceremony and a guide to Asia-Pacific’s leading law firms and lawyers, is a subsidiary of Euromoney, a global business and finance magazine. Every year, Asialaw researches, analyzes, and ranks law firms, presenting various accolades in different jurisdictions, practice areas and business sectors.

2019-06-10 Employment & Labor
BKL the Only Asian Law Firm on 2019 GAR 40 Ranking of World’s Leading International Arbitration Practices

BKL has once again been ranked among the top 40 law firms in the 2019 GAR 40 List presented by Global Arbitration Review (GAR). Among the listed firms, BKL was the only firm from the Asian region.


GAR is the world’s leading source on international arbitration news, and announces annual rankings of the world’s leading international arbitration practices. While the majority of the top ranking firms this year were English or US law firms, some with with thousands of practitioners, BKL, for two consecutive years, has been included in the GAR 40 List, in recognition of its position as the number one international arbitration firm in Asia.


Since its establishment in 2002, BKL’s International Arbitration Practice Team has grown to be the largest in Asia.  By representing and defending the Korean government against claims brought by Lone Star Funds and Schindler Holding AG and going head-to-head with the their respective representative foreign law firms in the first investor-state disputes (ISD) suits Korea was involved in, the BKL team has increased its global competitiveness.


The team received international attention in 2011 with its success in a large-scale international arbitration case involving the ownership of Hyundai Oilbank, valued at KRW4 trillion. This lead to BKL winning the “Arbitration Win of the Year” from GAR. Recently, BKL recorded a victory in a case valued at KRW1 trillion at the London Court of International Arbitration.


The team is led by Kap-You (Kevin) KIM, often referred to as the pioneer of international arbitration practice in Korea, and also boasts foreign attorneys John P. BANG (New York, New Jersey) and Seung-Hyeon (Alex) KIM (New York), recognized star-players in the area. They are supported by attorneys from diverse backgrounds, including U.S., U.K., Australia, India, Pakistan, Bhutan, among others, and this global make-up allows the team to draw from each individual member’s respective national characteristics.


Utilizing its strengths, demonstrated by its recognition as an only Asian law firm listed in the top 40 list, the BKL International Arbitration Team will continue to be dedicated to providing the best representation to our clients in international arbitration disputes.

2019-04-17 Arbitration
BKL Receives Grand Award at the First Korean Arbitration Awards

December 14, 2018—InterContinental Grand Seoul Parnas Hotel—Bae, Kim & Lee LLC ("BKL") received the distinguished honor of being recognized as the First Korean Arbitration Awards’ winner of the Grand Award for the law firm sector.

 

BKL won the grand prize after having scored highest in the evaluation index for number of international arbitrations handled this year and their value. As Korea’s first international arbitration-dedicated team and Asia’s leader in team size, BKL’s International Arbitration & Litigation Practice Group was established in 2002 after recognizing the development potential of representing clients in an ever-increasing number of cross-border disputes arising during the aftermath of the 1997 Asian economic crisis. Listed on the famous “GAR 30” of the most active arbitration practices worldwide, BKL has built a reputation not only in Korea but also overseas.

 

In his acceptance speech, BKL Managing Partner Mr. Kap-You Kevin Kim, founder and head of BKL’s International Arbitration & Litigation Practice Group, observed that “BKL has the largest arbitration team in Asia and is capable of handling any arbitration” and that “BKL’s record of representing numerous arbitrations for the Korean government and corporations inside and outside Korea was likely what won the award.”

 

The Korean Arbitration Awards, held for the first time this year, was jointly organized by the Korean Commercial Arbitration Board and the Korea Economic Daily in honor of the law firms, arbitrators, and attorneys who contributed to the development and promotion of arbitration.

 

BKL’s International Arbitration & Litigation Practice Group is committed to providing the best and most competitive representation to its clients as well as leading efforts towards developing arbitration.

2018-12-28 Arbitration
Maria Chang Receives “Rising Star: Tax” Award and BKL Wins Awards Including “Overseas Practice Law Firm of the Year” at ALB Korea Law Awards

Maria CHANG, a foreign attorney (Ohio State) at BKL, received the “Rising Star: Tax” award at the eighth annual Euromoney Legal Media Group Asia Women in Business Law Awards on November 8, 2018.

 

On the following day on November 9, BKL was given the honor to receive five awards, including “Overseas Practice Law Firm of the Year” at ALB Korea Law Awards 2018 held at Grand Hyatt Seoul.

 

Euromoney Legal Media Group Asia Women in Business Law Awards celebrates the advancement of women in the legal profession throughout the region. Rewards are given to individuals and law firms based on gender diversity, female attorneys’ professionalism, work-life balance, and pro bono work.

 

Foreign attorney Maria CHANG, whose practice mainly focuses on international tax, tariff, and trade, accomplished the splendid feat of winning the “Rising Star: Tax” award, having advised on matters including Unilever’s acquisition of Carver Korea and New York Westin Hotel mezzanine loan.



Meanwhile, BKL also received a number of awards at ALB Korea Law Awards, which is held annually by ALB, a reputed Asian region legal media group owned by Thomson Reuters. Awards received by BKL include “Overseas Practice Law Firm of the Year,” “International Arbitration Law Firm of the Year,” “Korea Intellectual Property Law Firm of the Year,” as well as the “Equity Market Deal of the Year” and “Technology, Media and Telecommunications Deal of the Year.”

 

Now in its sixth year, the annual ALB Korea Law Awards has been giving prestigious awards that pay tribute to the outstanding performance of private practitioners, in-house counsels, and law firms that have significantly contributed to the evolving legal landscape of the region in the year. The judging panel, which consists of legal industry leaders from various sectors, including law schools, companies, law firms, and law societies, review and select award winners of 35 areas.

 

BKL has made an active push overseas, and the firm’s hard work is bearing fruit. BKL and its professionals are winning various awards at overseas awards ceremonies.

 

The following is a list of awards that BKL received.

 

▲2018 Euromoney Legal Media Group Asia Women in Business Law Awards

 Rising Star: Tax Award – Foreign Attorney Maria Chang

 

▲2018 ALB Korea Law Awards

[Law Firm Awards]

 Overseas Practice Law Firm of the Year

 International Arbitration Law Firm of the Year

 Korea Intellectual Property Law Firm of the Year

 

[Deal Awards]

 Equity Market Deal of the Year – Kakao’s GDR Issuance

 Technology, Media and Telecommunications Deal of the Year 

- Samsung Electronics’ Sale of its Printing Business

2018-11-27 awards
BKL Awarded “The Acquisition Deal of the Year” at Vietnam M&A Forum 2018 for Three Years in a Row

BKL and its team from its Vietnam office successfully advised Lotte Card in its acquisition of Techcom Finance (“TCF”), a subsidiary of Techcom Bank, a major commercial bank in Vietnam. As a result thereof, BKL has been honored to receive for three consecutive years “The Acquisition Deal of the Year” at Vietnam M&A Forum.


BKL has already won the “The Acquisition Deal of the Year” twice at Vietnam M&A Forum for providing comprehensive legal advice to Dongwon Systems in connection with its acquisition of Vietnamese Packaging Companies and to CJ CheilJedang in connection with its acquisition of two Vietnamese food companies (Cau Tre Export Goods Processing and Minh Dat Food) in 2016 and 2017, respectively.


Lotte Card acquired a 100% stake in Techcom Finance in 2017, and has steadily advanced into the Vietnamese consumer finance and credit card market. In addition, it plans to grow into a leading consumer finance and credit card company in Vietnam by strengthening the business of TCF through the financing tools and integration of TCF's customers and services based on the diverse and broad clientele of Lotte Group throughout Vietnam and overseas.


This transaction is meaningful in that it marks the first case in Vietnam’s financial market for a foreign credit institution to acquire a 100% stake in a Vietnamese credit institution.


Approaching its 10th anniversary, Vietnam M&A Forum is one of the largest M&A forums in Vietnam where over 500 leading government figures, businesses and investors participate and attend each year, presenting on the Vietnam M&A market and its prospects. Vietnam M&A Forum is organized by Vietnam Investment Review, a leading business newspaper under the auspices of the Vietnam Ministry of Planning and Investment. It also announces awards to honor the best deals and best advisory firms in Vietnam over the course of the year.


 Vietnam M&A Forum 2018 – Lotte Card’s acquisition of Techcom Finance

 Vietnam M&A Forum 2017 – CJ CheilJedang’s acquisition of two Vietnamese food companies (Cau Tre Export Goods Processing and Minh Dat Food)

 Vietnam M&A Forum 2016 – Dongwon Systems’ acquisition of Vietnamese packaging companies (TTP and MVP)



[BKL’s Southeast Asia Practice Group]

2018-08-10 Southeast Asia
BKL’s Inter-Korean Relations and Inter-Korean Economic Cooperation Special Team - Advises Companies Participating in the Inter-Korean Economic Cooperation Business by Passing on 20 Years’ Worth of Firsthand Knowledge

In response to the demand for a variety of legal services that stem from inter-Korean and international economic cooperation as well as the process of realization of the New Economy Framework of the Korean peninsula, BKL expanded and reorganized the pre-existing North Korea Team to form the “Inter-Korean Relations and Inter-Korean Economic Cooperation Special Team (“Special Team”).”


In 2002, BKL was the first law firm in Korea to launch a North Korea Team to better provide legal services following the first inter-Korean summit in 2000, and the construction commencement of the Kaesong Industrial Complex in 2004 all of which were milestone events demonstrating progress in the inter-Korean relations and the start of economic cooperation between the two Koreas.


The newly updated Special Team, the largest international affairs team in the industry, consists of 40 professionals of various practice areas, including corporate practice, industrial practice, energy, development and construction, cultural tourism, fiscal policy and finance, taxation, US, China, Russia, EU, Japan, and Southeast Asia. The Special Team provides comprehensive and systematic legal services to domestic companies as well as foreign entities that wish to expand to North Korea.


Attorneys of the Special Team are active members of the legal counseling committee of Kaesong Industrial Complex of the Ministry of Unification and Kaesong Industrial District Management Committee. In 2005, the Special Team published “Explanations on Laws and Systems of Kaesong Industrial Region,” a comprehensive commentary on the laws and regulations of South and North Korea that apply to the Kaesong Industrial Complex. To this day, this book is widely read and referred to among public officials, company officials, and attorneys who engage in work related to the Kaesong Industrial Complex.


On June 19, BKL and Korea Legislation Research Institute (“KLRI”) entered into a Memorandum of Understanding (MoU) for mutual exchange in the area of National unification legislation. On June 22, BKL held a seminar on the strategies for the promotion of inter-Korean economic cooperation following the change in the state of affairs in the Korean peninsula, and provided companies with information about investing in North Korea.


Currently, BKL also actively engages in pro bono activities related to North Korea, which includes helping North Korean refugees to settle in South Korea. Along with its public interest foundation, Dongcheon Foundation, BKL represents North Korean refugees in civil and criminal cases, and provides legal support for issues related to education facilities for North Korean refugee children.


Based on its 20 years of experience and firsthand knowledge, the Special Team will be a solid companion and provide all necessary legal services for the upcoming inter-Korean economic cooperation project.



2018-07-06 North Korea
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