Yoon Jeong Park
- Senior Foreign Attorney
- T. +82-2-3404-7596
- F. +82-2-3404-7307
- E. yoonjeong.park@bkl.co.kr
Overview
Yoon Jeong Park has extensive experience in all maritime matters including shipbuilding disputes, charterparty disputes and ship finance as well as international arbitration and in particular London arbitration, project finance and insurance. Ms. Park has a broad network with English law firms and Chambers and the people working in the maritime industry, shipping companies, shipyards and P&I clubs.
Related Practices
Representative Experience
2011-Present
Bae, Kim & Lee LLC
2009-2011
In-house Lawyer, Legal and Insurance Team, HMM Company Limited
Representative Matters
Successfully represented a major Korean shipyard in relation to termination of shipbuilding contracts concerning 2 VLCCs in London Arbitration (LMAA)
Successfully represented a major Korean shipyard in relation to a delivery dispute of 3 cape-size vessels in London Arbitration (LMAA) and provided advice on English court injunction proceedings
Successfully represented a major Korean shipyard in relation to a paint warranty claim in London Arbitration (LMAA) and provided advice on leave to appeal proceedings at English high court
Successfully represented a Korean company in relation to a software sales agreement with a French company in ICC Arbitration
Represented London Reinsurers in relation to capsize of MV Sewol
International Arbitration and Litigation
Successfully represented a major Korean shipyard in relation to termination of shipbuilding contracts concerning 2 VLCCs in London Arbitration (LMAA)
Successfully represented a major Korean shipyard in relation to a delivery dispute of 3 cape-size vessels in London Arbitration (LMAA) and provided advice on English court injunction proceedings
Successfully represented a major Korean shipyard in relation to a paint warranty claim in London Arbitration (LMAA) and provided advice on leave to appeal proceedings at English high court
Successfully represented a major Korean shipyard in relation to a grounding accident due to engine breakdown in London Arbitration (LMAA)
Representing a major Korean shipyard in relation to sale of a second-hand vessel
Successfully advised a Korean Bank in relation to call made under a Refund Guarantee in English court proceedings
Representing a major Korean construction company in relation to a dispute concerning a power plant in Philippines in SIAC Arbitration
Successfully represented a Korean company in relation to a software sales agreement with a French company in ICC Arbitration
Successfully advised a major airline in relation to a dispute concerning A350 purchase agreement
Represented a major Korean insurer in relation to an accident concerning a coal power plant in KCAB Arbitration
Successfully represented a major Korean insurer in relation to payment of insurance proceedings arising from an accident of a coal power plant in KCAB Arbitration
Shipping
Represented Polaris Shipping in relation to a sudden sinking of its VLOC vessel in various matters including KMST and IMO investigation proceedings
Represented London Reinsurers in relation to capsize of MV Sewol
Advised Korean insurers on MT Wu Yi San's collision with oil terminal facilities
Advised Korean financial institutions in relation to arrest and sale of Hanjin Shipping's vessels in Hong Kong/Singapore
Advised K-sure in relation to enforcement of security and recovery of loan arising from an EOD under a loan agreement with a middle-east shipowner concerning 2 tankers
Provides advice to major P&I Clubs and their members including Standard P&I, Steamship P&I, TT Club, Shipowners P&I, Britannia P&I and UK P&I
Represented various Korean shipowners in their rehabilitation proceedings in Korea and abroad / represented various creditors in enforcement and filing of their claims against Korean shipowners in rehabilitation proceedings in Korea and abroad
Advised on many charterparty disputes
Advised on various ship arrest cases
Finance
Advised in relation to financing purchase price of 3 A777 aircrafts
Advised in relation to lease and amendment to financing agreements arising from early redelivery of A330 aircraft
Advised a major Korean shipowner in relation to shipping finance of 8 16K TEU vessels
Advised a major Korean shipowner in relation to container lease and financing
Advised several major shipowners in relation to financing and provision of security in relation to scrubber and BWTS installation arising from new IMO regulations
Advised a major shipowner in relation to sale of COA and repayment and amendment of loan
Advised a major shipowner in relation to repayment and amendment of loan following from a total loss of a vessel
Education
2008
The College of Law Barrister Course, UK
2006
The College of Law Solicitor Course, UK
2005
University of Southampton (LL.B.)
Selected Activities
Awards
Chambers Asia-Pacific - Leading Lawyer (2018-2023)
The Legal 500 - Leading Lawyer (2018-2023)
Qualifications
2013
New York
2008
England and Wales
Awards and Recognition
Related Content
View morePractice Areas
Awards and Recognition
-
The Legal 500 Asia-Pacific 2023 - Next Generation Partner
-
Chambers Asia-Pacific 2023 - Leading Individual
-
The Legal 500 Asia-Pacific 2022 - Next Generation Partner
-
Chambers Asia-Pacific 2022 - Leading Individual
-
The Legal500 Asia-Pacific 2021 - Next Generation Partners
-
Chambers Asia-Pacific 2021 - Leading Individual
-
The Legal 500 2020 - Next Generation Partner
-
Chambers Asia-Pacific 2020 - Leading Individual
-
The Legal 500 2019 - Next Generation
-
Legal 500 2018 - Next Generation Lawyers
-
Chambers Asia 2018 - Other Noted Practitioner