Insurance & Shipping Litigation
"They are a classic insurance firm, with expertise in marine law."
- Chambers & Partners Asia Pacific
Overview
We offer a practical and efficient solution tailored to each client’s needs in insurance and maritime disputes based on our expertise in insurance & marine industries and extensive experience in dispute settlement.
Insurance Disputes
We have a proven track record of successfully handling the full range of insurance disputes and claims in the insurance business, arising from insurance coverage, recourse proceedings and asset management of insurance companies. Our lawyers have a keen understanding in both traditional and emerging forms of insurance coverage, including package insurance, contractors all risks insurance and directors and officers liability insurance.
We also advise in all stages of a major casualty event such as a massive fire accident at the power plant, in collaboration with external experts, from the early stage of initial response to insurance and recovery claims.
Maritime Disputes
Maritime businesses generally involve multiple parties from different jurisdictions, and it is not unusual for maritime disputes to be resolved in international arbitration or litigation. Successful dispute resolution requires the services of a law firm which can promptly advise comprehensive and practical strategies at the initial stage of a case particularly since many cases may be subject to short-term extinctive prescription or statute of limitations. Clients regularly turn to BKL for our deep experience and expertise in resolving international maritime disputes, and we provide comprehensive legal services across jurisdictions through our global network of leading international law firms in the field.
BKL is one of very few firms in Korea with strong capability to handle not only traditional maritime disputes relating to charterparties, cargos and bills of lading but also a wider range of disputes extending to major accidents involving ships, VLFSs and port facilities, preservative measures and criminal or coast guard investigation.
We also advise on disputes involving letter of credit, independent guarantee and international sales agreement including import and export agreements in the marine industry.
