Korea Practice
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Korea Practice Korea Practice About O’Melveny & Myers For over a century, O’Melveny has been helping clients navigate the complex and competitive business landscape. What began as a two-man office in Los Angeles is now a leading international firm with significant resources in major financial and political centers around the world. Our clients include many of the world’s best- known brands in electronics, energy, manufacturing, software,finance and banking, and telecommunications. As businesses, governments, and individuals face ever changing circumstances, O’Melveny is dedicated to providing innovative counseling that delivers practical results. Our pledge to our clients’ success reflects the Firm’s guiding principles of uncompromising excellence, distinctive leadership, and superior citizenship. Heading into 2015, we will continue to enhance O’Melveny’s internal resources to help overcome clients’ challenges: sophisticated legal technology, greater lawyer diversity, and professional development. We are optimistic about the future-for our clients, our communities and our world. What makes O’Melveny & Myers different? • Our Values. Our Firm’s core values are excellence, leadership, and citizenship—and these values are the guiding light for all that we do. • Our Approach. We strive to be trusted advisors for our clients, and recognize that the adept handling of creative transactions and high- stakes litigation is but one facet of the value we can offer to clients in pursuing their highest strategic objectives. • Our Relationships. We seek to build lasting bonds with our clients, and take a long-term approach in the ways we can assist our clients in advancing their business objectives. • Our Commitment to Asia. Our Firm has been a leader in the Asia market for nearly three decades—our more than 80 lawyers resident in Asia offer clients the competitive advantage of significant on-the- ground resources, deep business and government contacts, and an institutional knowledge of how business is done on a local level. 2 O’Melveny & Myers LLP Korea Practice O’Melveny & Myers LLP 3 Korea Practice A Leader in Asia O’Melveny & Myers LLP was one of the first US-based law firms to establish its presence in Asia, has been strengthening that commitment over the years. We were among the very first US law firms to open offices in China, Japan and Korea. Our China practice today is a market-leading and multiple award-winning practice with offices spanning Beijing, Shanghai and Hong Kong. The firm’s network extends to Southeast Asia, where our Singapore office acts as a hub for the region and our India practice. In Tokyo, where we opened in the 1980s, the firm possesses US and local law capabilities. We are delighted that we are now able to offer our Korean clients our services through our new Seoul office. Our lawyers in Asia represent clients from around the world, including nearly every country in Asia, spanning the full spectrum of commercial matters, including cross-border disputes, complex mergers and acquisitions and joint ventures, financings, investment and capital markets transactions, investment fund formations, international trade and regulatory matters, and restructurings and insolvencies. Our experience in Asia has allowed us to build extensive government, business and legal relationships that can be leveraged to fulfill the needs of our clients. We are immersed in the culture and practices of Asia. Many of our lawyers are native speakers of Asian languages, including Korean, Mandarin, Cantonese, and Japanese. Our lawyers also have strong knowledge of local laws and collectively have legal practicing qualifications in Korea, China, Hong Kong, India and Japan. In addition, many have practicing qualifications and experience in the United States, England and other Western jurisdictions. 4 O’Melveny & Myers LLP Korea Practice O’Melveny in Korea The Seoul* office opened in November 2012 as a natural extension of the existing work the O’Melveny was handling for our Korean clients. As O’Melveny’s 15th office worldwide, the local presence and team enables O’Melveny to respond to the day-to-day needs of our clients and to connect our Korean clients even more closely with our attorneys and resources around the globe. O’Melveny’s Korea Practice team consists of nearly two dozen lawyers with many decades of experience advising on some of the most complex and high-profile legal and business matters for Korean clients. Led by Los Angeles-based partner Joseph Kim, serving as the Head of the Korea Practice, the team includes renowned Korea practitioners Jinwon Park and Sungyong Kang, both based in the Seoul office, and counsel Youngwook Shin, who splits his time between Los Angeles and Seoul and counsel YongSang Kim, who resides in Washington, D.C. office but will soon join the Seoul office upon receipt of approval from the Korean Ministry of Justice. The team includes US, Hong Kong, and UK-qualified lawyers experienced with Korea work as well as native Korean lawyers with language and cultural fluency. The Korea team is part of an integrated, far-reaching global platform—our clients have access to the full resources of an elite international law firm built to support clients in their most ambitious cross-border undertakings. Few firms can match O’Melveny’s commitment to serving the Korea market. Our seasoned practitioners have a proven track record of helping clients succeed: we have worked with many of Korea’s largest and best-known companies to achieve landmark victories in multi-billion dollar international disputes and close strategically important cross-border acquisition and financing transactions. Those include defending Korean clients in high-stakes US-based “make or break” intellectual property or class action litigation to navigating global antitrust and competition issues involving Korean parties to sophisticated restructurings, financings, and other corporate transactions in the Korea market. Our clients run the gamut of corporate and financial entities, from startups to investment banks and private equity houses to Fortune 500 companies, in diverse industries including technology, electronics, energy and energy equipment, manufacturing, airlines and transportation, entertainment and sports, and pharmaceuticals and life sciences. Our Korea team maintains strong relationships and deep knowledge built on over more than two decades of activity in the Korea market—we are part of the Korean business and legal community; we have developed strong relations with local Korean law firms; and members of our team have experience serving on boards of Korean companies and as members of Korean governmental and non-profit organizations. In addition to our client work, O’Melveny strives to give back to the local community through our pro bono work and social responsibility. For example, O’Melveny has sponsored a US educational trip for North Korean refugee students. * Our office in Seoul is a foreign legal consultant office approved by the Ministry of Justice of the Republic of Korea pursuant to the Foreign Legal Consultant Act of Korea. The attorneys acting as consultants in our Seoul office are licensed to practice law in one or more of jurisdictions of the United States and are registered as foreign legal consultants in Korea. These attorneys are authorized exclusively to provide legal advice with respect to the laws of the United States and the jurisdiction(s) in the United States in which they are admitted, with respect to treaties of which the United States is a party, and with respect to universally recognized customary international law. They are allowed to represent clients in international arbitration cases except for when the United States law is not applicable and such determination of such inapplicability is not appealable. O’Melveny & Myers LLP 5 Korea Practice Key Korea Practice Capabilities Antitrust O’Melveny has a track record for successfully handling—and winning—some of the largest and most high-profile antitrust matters involving Korean companies—including the seminal AMD v. Intel case, the US$12 billion Hynix case (a victory named one of the Top Defense Verdicts of 2011 by the Daily Journal), the defense of Asiana Airlines in antitrust class actions alleging price-fixing, and the voluntary dismissal of Samsung Electronics from In re Cathode Ray Tube Antitrust Litigation. O’Melveny’s global antitrust practice ranks among the very best in the world—in awarding us its “Competition Team of the Year” recognition in 2010 for our work on the seminal AMD v. Intel case, The Lawyer Awards wrote, “Working on one of the biggest competition cases of the year was always going to be a feather in the cap for O’Melveny & Myers, but winning it against the odds and securing a record-breaking fine in the process shows what a remarkable job the team pulled off.” Law firm rankings guideChambers Global states that O’Melveny “is the global quarterback—it is prominent around the world, from Beijing to Brussels,” and ranks us in its top-tier for antitrust work in its Chambers Asia publication. Competition Law360 named our practice “Competition Group of the Year” in 2014, 2013, 2011, and 2009. The team also recently won Global Competition Review’s 2014 “Antitrust Matter of the Year” Award for our work on the US Airways/American Airlines merger litigation against DOJ. Our value proposition is our ability to field a truly global team of experienced practitioners in the US, in Asia, and in Europe—including former senior government antitrust and competition officials—with a long track record of producing strong results for clients seeking to defend their international business practices, their proposed blockbuster transactions, and their complex licensing and distribution agreements. Our close working relationships with relevant enforcement agencies around the world provide unparalleled access, and invaluable insights into critical governmental decision-making processes. Patent and Technology Litigation O’Melveny features a very highly regarded intellectual property litigation team, particularly relating to international disputes over high technology patent and trade secrets.