Business Field

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Core Activities

Reviewing and drafting contractual paperwork

- Contracts/agreements, including NDAs, LOIs, MOUs, Term Sheets, MOMs, etc. (EPC, EPsCm, Shipbuilding, FIDIC, Engineering Service, Licensing, Purchase Order, Subcontract, etc.)
- Contracts required prior to the conclusion of other contracts

Supporting claims during the execution of contracts

- Disputes arising from ambiguities in the contract
- Claims for expenses and requests for extensions on delivery due to breach of contract by the client (company’s breach of contract)
- Changes to construction and designs according to orders by the client (change order)
- Claims for delays and/or disruptions (delay and/or disruption claims, global claims)
- Claims for force majeure events
- Contract-related guarantees (Performance bond, Refund Guarantee), etc.

Supporting claims against defects

- Claims for expenses charged in responding and repairing defects
- Warranty Bond
- Settlement Agreement

Other legal advice

Managing arbitrations and litigations




Case examples

Reviewing and drafting contractual paperwork

- Review of various bids prepared for overseas construction projects in all fields, including shipbuilding, offshore and onshore plants, civil engineering, and buildings, as well as the review and support for negotiations involving related contracts
- Support for contract review and negotiation with shipowners of merchant ships/offshore plants/surface vessels (Aegis)
- Review of bids prepared for civil engineering bids, construction contracts, equity investment, and shareholder agreement contracts
- Support for consortium/JV contracts and subcontractor/procurement contracts, and required negotiations
- Advice for thermal power plant projects and IPP projects in Korea, Philippines, Vietnam, Saudi Arabia, and Indonesia
- Negotiation of retrofitting orders for shipbuilding equipment (BWMS/ Sox Scrubber)
- Support for the review and negotiation of a Wind Turbine Supply Agreement and a Long-Term Service Agreement
- Support for signing agreements with local residents and contracts pertaining to a solar power generation project
- Review of a joint cooperation agreement with a Russian shipyard

Supporting other claims

- Claims filing and negotiation support for large domestic EPC companies (construction companies) pertaining to power plant construction
- Responding to claims related to petrochemical trading and arbitration in Singapore (SIAC)
- Responding to claims filed by Greek shipowners for paint and rudder defects
- Responding to claims of defects on behalf of a shipbuilding equipment and materials company
- Responding to subcontracting claims pertaining to the construction of an oil plant in Saudi Arabia
- Responding to claims of defects and arbitration at an offshore plant in Norway(FPSO)
- Support for negotiating and filing defect claims against ship licensors

Arbitration, litigation, and other services

- Litigation on behalf of the company whether performance pay is included in the average wage, which serves as the basis for calculating severance pay
- Management of arbitrations in London and Hague pertaining to claims involving compensation for cost increases at offshore plants
- Filing and recovering civil and criminal litigation cases for excessive service payments made due to deception or fraudulent conduct of outside partners
- UNCITRAL arbitration related to claims on performance guarantee and contract termination at an Indian petrochemical plant
- LMAA arbitration for a fire outbreak onboard a tanker
- Arbitration of French vendor KCAB for a combined cycle power plant in Saudi Arabia

Other legal advice

- Acquisition of overseas wind power companies
- Sales of domestic subsidiaries
- Physical division of the corporate departments for specialized vessels
- PMI work upon acquisition of a medium-sized domestic construction company
- Review of multiple domestic and overseas joint ventures
- Advice on the withdrawal of overseas branches (Frankfurt, Guatemala)


Address: 4th floor, Hakdong-ro 401, Gangnam-gu, Seoul (Cheongdam-dong, Geumha Building)
Contact Number : 02-2183-5500 ㅣ Fax Number :  02)2183-5588, 5599