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December 09, 2009 |

Hyundai Oilbank Shareholders Seek to Enforce $750 Million Award Against IPIC

The 70 percent stake that affiliates of Abu Dhabi's International Petroleum Investment Company have in Hyundai Oilbank, South Korea's fourth-largest oil refining and marketing company, is resting on shaky ground. Last month, an International Chamber of Commerce arbitration panel ruled against IPIC in a dispute with other shareholders in Hyundai Oilbank, led by Hyundai Heavy Industries. IPIC has protested the award, but last week, Hyundai Heavy Industries sought a Korean court order enforcing the ruling.
3 minute read
January 01, 2012 |

The Out-of-Towners

Arbitration seems set to be a growth practice in Asia. But where are the Americans?
12 minute read
July 13, 2012 |

Law Firms Crowding Into Korea

It's long been clear that international law firms were eager to enter the Korean market. Some 16 U.S. and U.K. firms have either applied to open an office in Korea or publicly stated their intention to do so since the beginning of the year. Can the Korean market support those kinds of numbers? It's far from clear.
6 minute read
July 09, 2012 |

Crowding into Korea

Some 16 international firms have already applied to open in Korea or have publicly announced plans to do so. Still more are likely to go in. Is the market big enough for all of them?
6 minute read
April 08, 2013 |

The Looming Threat for South Korean Law Grads? Unemployment.

Reforms that have greatly expanded the number of lawyers promise a bright future for the Korean profession. But that doesn't help those hitting the market now.
6 minute read
April 15, 2013 |

The Looming Threat for South Korean Law Grads? Unemployment

Public opinion surveys in Seoul show that, although worries about the north have been rising over the past few months, South Koreans' No. 1 concern remains job creation. That may be especially true of the legal profession. Reforms to the legal education system more than doubled the number of law graduates last year. The fear is that there aren't nearly enough jobs for them all.
6 minute read

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