DR & AJU

South Korea

Analysis

Overview

DR & AJU is actively engaged in corporate and M&A matters, offering a range of legal services related to the establishment of domestic subsidiaries for foreign companies, joint ventures, branches and liaison offices, as well as handling foreign-exchange transactions. The firm is known for providing legal advice in a prompt and professional manner, catering to various needs, including the establishment of venture companies or IT firms within the high-tech sector, as well as facilitating listings on the Korean Securities Dealers Automated Quotations (Kosdaq) trading board. The M&A practice is led by managing partner Dae Hui Kim, along with partners Kyeong Rok Jeong, Kyung Kook Kang and Jae Young Shin. Their collective experience and guidance contribute to the firm's M&A capabilities. DR & AJU has further strengthened its dispute resolution team and partners with Woo Jung Jung, Tae Young Choi and Gi Ryeong Kim, who joined the firm in the last 12 months. 

Dispute resolution

Work highlights 

Advised Kiwoom Securities on a damage claim related to market price manipulation. This case is highly significant since it represents the largest damages claim in Korean history for a stock price manipulation case involving a clandestine network that exploited multiple borrowed-name accounts. 

Advised Korea Industrial Complex Corporation on a claim for return of contractual deposit. This case is significant in relation to the recent project financing crisis in the real-estate market and serves as a precedent for similar disputes. 

Key clients 

LS Securities, Welcome Asset Management 

Banking and finance

Work highlights

Represented Lotte Insurance and KDB Life Insurance, respectively, in lawsuits against Hana Alternative Asset Management, a Korean collective investment business entity, and Meritz Securities, a Korean investment trader. 

Acted as the legal adviser for Korea Southern Power regarding a 510MW wind-farm construction project in Jeonnam, Shinan, Korea. 

Key clients 

KERR Canada Energy