BCCK and SingCham Korea host Breakfast Workshop on Legal Perspectives: Dispute resolution in Korea
On July 21, the BCCK co-hosted the Breakfast Workshop with SingCham Korea on legal perspectives: dispute resolution in Korea at the Four Seasons Hotel Seoul. The Breakfast provided an overview and comparison of litigation and arbitration, third party funding, and dispute resolution strategies in South Korea. A keynote speech was given by Lucy Reed, a President of Singapore International Arbitration Center (SIAC) Court of Arbitration, and an Independent Arbitrator at Arbitration Chambers in New York.
John Kim, a Senior Foreign Partner in the Finance Practice Group at Shin & Kim started the presentation by comparing litigation and arbitration and he described the structure of litigation in South Korean Courts. Following his presentation, Arie C. Eernisse, a foreign partner, who specializes in international arbitration presented arbitration agreement providing the example of SIAC model clause and recommended applicable law clause, and an anatomy of an arbitration.
Andrew Raymond, a Senior Associate at Herbert Smith Freehills, delivered the definition of Third Party Funding and its consequences, advantages, and disadvantages. He then provided key considerations for different countries and commented on the trends and future of third party funding.
Lastly, Kevin Kim, a Senior Partner from Peter & Kim gave a step by step guide to strategies for arbitration, aka winning recipe. He talked about knowing the judge, being familiar with the facts, understanding cultural differences, and spending time with the case, maintaining a high moral standard, and distinguishing which lawyer to work with.
Reina Chan, Director of Strategic Business Development at SingCham Korea moderated this event.
The Breakfast Workshop was held in the presence of speakers and more than 50 guests.
BCCK and SingCham Korea host Breakfast Workshop on Legal Perspectives: Dispute resolution in Korea
On July 21, the BCCK co-hosted the Breakfast Workshop with SingCham Korea on legal perspectives: dispute resolution in Korea at the Four Seasons Hotel Seoul. The Breakfast provided an overview and comparison of litigation and arbitration, third party funding, and dispute resolution strategies in South Korea. A keynote speech was given by Lucy Reed, a President of Singapore International Arbitration Center (SIAC) Court of Arbitration, and an Independent Arbitrator at Arbitration Chambers in New York.
John Kim, a Senior Foreign Partner in the Finance Practice Group at Shin & Kim started the presentation by comparing litigation and arbitration and he described the structure of litigation in South Korean Courts. Following his presentation, Arie C. Eernisse, a foreign partner, who specializes in international arbitration presented arbitration agreement providing the example of SIAC model clause and recommended applicable law clause, and an anatomy of an arbitration.
Andrew Raymond, a Senior Associate at Herbert Smith Freehills, delivered the definition of Third Party Funding and its consequences, advantages, and disadvantages. He then provided key considerations for different countries and commented on the trends and future of third party funding.
Lastly, Kevin Kim, a Senior Partner from Peter & Kim gave a step by step guide to strategies for arbitration, aka winning recipe. He talked about knowing the judge, being familiar with the facts, understanding cultural differences, and spending time with the case, maintaining a high moral standard, and distinguishing which lawyer to work with.
Reina Chan, Director of Strategic Business Development at SingCham Korea moderated this event.
The Breakfast Workshop was held in the presence of speakers and more than 50 guests.