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Shin & Kim Receives “Dispute Resolution Lawyer of the Year” and Two Other Awards at the ALB Korea Law Awards 2024

We are pleased to announce Mr. Young Suk Park as the Dispute Resolution Lawyer of the Year and to be awarded the Debt Market Deal of the Year and the Equity Market Deal of the Year!

Shin & Kim LLC (“Shin & Kim”, Managing Partner Jong Han Oh) was honored to receive three awards at the ALB Korea Law Awards 2024 held at the Conrad Seoul on June 6, 2024, with Mr. Young Suk Park (34th Class, Judicial Research and Training Institute) being named Dispute Resolution Lawyer of the Year.

Mr. Park, who heads Shin & Kim’s International Dispute Resolution Practice Group, has been practicing international dispute resolution and international litigation in various jurisdictions for more than 19 years and is recognized for his unparalleled expertise and extensive experience in international arbitration, as evidenced by his strong presence in arbitration communities such as the Korean Commercial Arbitration Board (KCAB) and the Korean Council for International Arbitration (KOCIA).

Mr. Park has successfully represented clients in large-scale commercial arbitrations, such as international arbitrations involving unconventional disputes over virtual currency exchanges and unchartered regulatory regimes, and special structure construction projects in the Middle East. He was also involved in investor-state disputes (ISDs) which is noteworthy from the perspective that a Korean law firm has successfully handled international public law-related arbitrations, a field traditionally dominated by global law firms.

“Given the nature, especially the scale, of international arbitration, success requires close cooperation and teamwork among all members of the team, not just a few leaders. In this sense, this award is even more meaningful and gratifying as it demonstrates a great achievement by our entire team,” said Mr. Park.

Meanwhile, Shin & Kim also received the Debt Market Deal of the Year award for its creative and efficient advisory work on the public offering of the first samurai bond issued by the Korean government, and the Equity Market Deal of the Year award for its advisory work on LG Display's KRW 1.36 trillion capital increase.

Mr. Yong Jin Park (35th Class, Judicial Research and Training Institute), who advised on both the Debt Market Deal of the Year and the Equity Market Deal of the Year, commented, “The Debt Market Deal of the Year was the first-ever yen-denominated public samurai bond issued in Japan by the Korean government, a transaction that helped improve relations between Korea and Japan. In addition, the Equity Market Deal of the Year was notable for the sheer size of the capital raised, $1.3 trillion, and the fact that it was one of the few paid-in capital increase cases by way of rights offering to existing shareholders led by a Korean company who has listed American Depositary Shares on the U.S. stock exchanges”. Mr. Park continued, “I am grateful that ALB recognized the market symbolism and unique transaction structure of these two deals, and I would like to express my gratitude to my colleagues for their great work, including Jae Young Jang (29th Class, Judicial Research and Training Institute), Chaewon Kang (passed the 3rd Bar Examination), and Seung Joon Ha (passed the 9th Bar Examination).”

The ALB Korea Law Awards is an annual recognition given by Asian Legal Business (ALB), a leading Thomson Reuters legal publication, and is now in its 12th year.

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