The following are brief summaries of our firm's most important areas of practice.

BUSINESS/CORPORATION

We advise a large number of domestic and foreign corporations on a variety of business and corporate matters including:

antitrust banking and lending commercial agreements environmental regulations insurance joint ventures licensing mortgages and guarantees taxes

asset financing bankruptcy documentary credits franchising intellectual property labor law mergers and acquisitions securities trusts

We also counsel new businesses on corporate formation, investment structure, corporate regulations, and public offerings.

MERGERS AND ACQUISITIONS

By nature, mergers and acquisitions require support from specialists in many areas: professionals who deal with taxes, financing, accounting, labor, general commercial, antitrust and environmental laws. Our firm has the extensive expertise and resources necessary to advise on all phases of M & A transactions, from due diligence stage to negotiations and final documentation.

BANKRUPTCY AND REORGANIZATION

Our firm represents debtors, creditors, creditors' committees, and trustees in bankruptcy and corporate reorganization proceedings. We deal with out-of-court settlements, and corporate workout processes with creditor banks. We also advise on acquisitions or investments in companies that are highly leveraged.

INTELLECTUAL PROPERTY

In addition to rendering advice on licensing and assignment of technology, our firm also has substantial experience in other areas of intellectual property law including:

patent and trademark registration copyright and trademark protection infringement litigation

prosecution trade secrets

TELECOMMUNICATIONS AND INFORMATION TECHNOLOGY

Among the lawyers at our firm, we have specialists with experience in the arears of telecommunications, media and the broadcasting market. In utilizing these unique resources, our firm is able to advise clients in the field of telecommunications, from the laws and regulations governing investment and operation to obtaining relevant licenses and documenting contracts.

FINANCE

With a wide range of extensive experience in banking and finance, our firm is able to render advice with respect to regulatory issues and operational matters for financial institutions. Our banking/finance department advises corporations and individuals on all areas of financial regulations including:

asset recovery bankruptcy lending and security restructuring third-party guarantees

banking capital markets project and asset finance taxes trusts

INTERNATIONAL AFFAIRS

Through our network of association with other international law firms in foreign countries, we advise on issues involving foreign parties:

bills of landing cargo claims ship collisions enforcement of foreign judgements foreign investments import/export matters international tax joint ventures marine insurance

cross border transactions charter party disputes commercial arbitration foreign exchange regulations foreign manufacturing and distribution international trade letters of credit facilities oil pollution

CONSTRUCTION

We have extensive experience in construction law and regularly advise clients on a variety of issues, including project financing and the drafting and negotiation of construction projects, investment structure, and shareholders' agreements.

REAL PROPERTY

Our firm's work in real property covers all aspects of planning, development, acquisition, lease and sale for corporations and private individuals. We advise on:

acquisition environmental regulations lease agreements mortgages sale

construction land use planning/regulations lending and security property developments taxes

TAX

Our firm has wide-ranging experience in working on all aspects of tax matters in Korea. International, corporate and partnership tax matters represent a significant part of our practice. Our firm has also been actively involved in advising clients on various tax planning structures and in representing clients involved in disputes with the Korean Internal Revenue Service. We also work closely with accountants from one of the largest accounting firms in Korea.

ENVIRONMENTAL LAW

In recent years, zoning and environmental problems have become a major concern for our clients, necessitating specialized advice and guidance. Our firm has the ability and experience to advise clients on all aspects of national/ local environmental laws and regulations.

LABOR LAW

In our work before the courts, regulatory agencies and administrative bodies, our firm represents corporate clients in all aspects of labor law including:

collective bargaining labor relations non-competition agreements plant closings and relocations strikes work force reductions (including special problems associated with corporate mergers and acquisitions)

employment discrimination mergers and acquisitions occupational safety and health preparation and termination of employment contracts unfair practices union organizing wrongful termination

ARBITRATION

Our firm has extensive experience in handling commercial arbitrations. The partners in our firm include members of the panel of the Korean Commercial Arbitration Board and have handled numerous commercial disputes.

LITIGATION

The litigation department of our firm is one of the core areas of our practice. Some of our firm's senior partners are former Seoul District Court judges with more than twenty-five years of legal experience. Other partners include former prosecutors and corporate in-house counsels. We deal with every aspect of litigation involving civil, commercial, administrative and criminal matters. Areas of litigation include:

antitrust banking construction fraud and business crimes injunctive relief insurance maritime litigation products liability real property

arbitration commercial claims contract disputes individual and corporate tax intellectual property labor law partnership dispute professional indemnity

In addition, our firm also represents clients in dealing with governmental regulatory enforcement agencies.