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  • 분야별
  • 가나다순
즐겨찾기메일프린트북마크북마크리스트    확대축소

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Article 4 of the Constitution of the Republic of Korea states that “The Republic of Korea shall seek unification and formulate and implement a policy of peaceful unification based on a free and democratic order,” defining the peaceful unification of the two Koreas as a constitutional obligation. Although the relations between the two Koreas has endured many ups-and-downs due to political and military issues, no one denies that ultimately, the peaceful unification between the two Koreas is a destiny that must be fulfilled and North and South Korea should undergo political, economic and social integration.

The integration of the two Koreas will require a breadth of legal expertise to draft legal provisions for promoting exchange and integrating two different legal systems post-unification, to resolve legal disputes arising in the process of North-South economic cooperation (between governments, between a government and an investor, and between investors), to address legal disputes between North and South Koreans over properties and inheritance, and to promote human rights in North Korea and provide humanitarian support to North Koreans.

In order to satisfy this need for legal expertise on issues related to North Korea, Shin & Kim launched the North-South Korea Practice Group, bringing together talented professionals (attorneys, accountants, experts in international laws, etc.) with an extensive knowledge and network in diverse professional fields, including finance, real estate, tax, accounting, M&A, fair trade, intellectual property, litigation and arbitration.

Shin & Kim’s North-South Korea Practice Group offers the following services:

 Legal advice for South Korean businesses investing in North Korea 

Legal advice for the government and the National Assembly on legal system integration and economic cooperation

A wide range of legal services to defectors from North Korea 

Legal advice on inter-Korean legal issues, such as real estate, inheritance and family registration

Experiences

Legal advice on the confiscation of assets in the Mount Kumkang District (Company H)

Litigation support for a corporate tenant of the Kaesong Industrial Complex (Company K)

Legal advice on the legislation of a special act on compensation for losses from the suspension of tours to Mount Kumkang or the ‘May 24 Measures’ (National Assembly)


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