In the securities and financial markets, complex disputes over various securities and financial transactions are increasing along with the quantitative growth and the introduction of new products such as futures and options, the development of fintech, and changes in the trading environment. In this environment, as one of the top Korean law firms having expertise in litigation matters, we have formed the Finance Litigation Team consisting of attorneys who have built experience as former judges and prosecutors, and lawyers and experts who have accumulated expertise for a long time in the finance field. They provide clients with an excellent legal service meeting their needs regarding matters arising from conventional financial disputes about general, corporate and real estate related financial matters to new types of financial disputes about derivatives and fintech.

- Lawsuits relating to general financial matters and the receipt and withdrawal of savings
 - Lawsuits relating to savings, set-off, interim injunctive relief and provisional attachment
 - Lawsuits relating to issuance and distribution of securities such as shares
 - Lawsuits relating to unfair trading practices such as the return of gains earned from short-term financial trading and insider trading
 - Lawsuits relating to incomplete sale of derivatives
 - Lawsuits relating to liability held by officers and employees of financial institutions
 - Lawsuits relating to real estate financing
 - Lawsuits relating to real estate trust
 - Lawsuits relating to SOC
 - Lawsuits relating to claims for insurance and reinsurance money and indemnity

1. Civil Litigation Related to Finance:

• Hyundai Group vs. 13 Creditor Banks Including Korea Exchange Bank: Application for provisional injunction to suspend the effectiveness of the joint sanction resolution and the selection of a preferred bidder.
• KIKO Lawsuit Against Shinhan Bank and Korea Exchange Bank: Litigation related to KIKO(knock-in knock-out) financial derivatives.
• Daewoo Shipbuilding & Marine Engineering Accounting Fraud Case: Litigation for damages related to accounting fraud.
• China Gaoxian Delisting Case: Litigation for damages and claims for indemnity against related institutions concerning delisting.
• Meat Loan Fraud Case: Civil litigation between financial institutions concerning a meat collateral loan fraud amounting to KRW 570 billion.
• China CERCG ABCP Issuance Case: Litigation for damages between securities companies related to the issuance of ABCP (asset-backed commercial paper) amounting to KRW 160 billion.
• Gyeongnam Masan Robot Land Development Case: Litigation for settlement claims related to the development of Gyeongnam Masan Robot Land amounting to KRW 100 billion.
• Mirae Asset Daewoo Derivative Products Sales Case: Litigation for damages related to the sale of derivative products amounting to KRW 40 billion.
• 100 Billion KRW Forged Check Case: Litigation concerning payment for a forged check amounting to KRW 100 billion.
• GS Retail Point Mall Payment Refund Case: Litigation for the refund of point mall payments amounting to KRW 16 billion.
• Derivatives Mis-Selling Case by Company J: Litigation for damages due to mis-selling of derivatives invested by a mid-sized company.
• Trust Fund Refund Claim: Litigation for the return of trust funds invested in ABCP with a face value of KRW 65 billion and a specific monetary trust investment of KRW 10 billion by a local bank.
• Shipyard Workout Process Settlement: Litigation for settlement claims related to profit and loss settlement and RG purchase claims among creditor banks during the shipyard workout process.
• Korea Exchange Delisting Injunction Case: Litigation for a provisional injunction against the delisting of Company G by the Korea Exchange.
• Invalidation of New Share Subscription Rights Bonds Issuance for Samhwa Paint: Representing Samhwa Paint in confirming the invalidation of the issuance of bonds with new share subscription rights.
• Shareholder Rights Confirmation Case for Dongwha Industrial: Representing a major shareholder of Dongwha Industrial, an affiliate of Dongkuk Steel, in confirming shareholder rights.
• Samsung Securities Mis-Selling and Excessive Trading: Litigation for damages related to mis-selling, excessive trading, and forward exchange contracts (offshore funds) by Samsung Securities
• Affiliate Contract Dispute for Card Company A: Litigation for damages related to an affiliate contract between a card company and merchants.
• Order Connection Failure Case for Securities Company B: Litigation for damages due to order connection failure by Securities Company B.
• Korea Land Corporation Trust Management Case: Litigation for damages related to the inclusion of Daewoo bonds in the trust management by Korea Land Corporation.
• Deficient Audit Report Case Against Accounting Firm C: Litigation for damages due to deficient audit reports by Accounting Firm C.
• Total Return Swap Transaction Injunction Case for Korea Real Estate Investment Trusts: Litigation for a provisional injunction to prohibit enforcement based on a Total Return Swap Transaction.
• Repurchase Payment Claim Case for Tongyang Orion Investment & Securities: Litigation for indemnity claims related to repurchase payments by the trust management company of Tongyang Orion Investment & Securities.
• E*TRADE Securities Electronic Finance (OTP Card) Case: Litigation for the return of shares related to electronic finance and OTP card by E*TRADE Securities.

 

2. Administrative Litigation Related to Finance:

• KCB Administrative Suspension Cancellation Case: Litigation to cancel the Financial Services Commission's business suspension order against KCB related to the customer information leak of three card companies.
• Loan Business Registration Renewal Rejection Cancellation Case: Litigation to cancel the rejection of loan business registration renewal due to disqualification of social credit requirements under the Financial Company Governance Act.
• Short-Term Financial Business Operation Standard Violation Case: Litigation to cancel the disciplinary action of salary reduction by the Financial Supervisory Service due to violation of short-term financial business operation standards by a comprehensive financial investment business entity.
• Administrative Sanction Cancellation Case for Savings Bank Law Violation: Litigation to cancel administrative sanctions by financial supervisory authorities related to the violation of the Savings Bank Act involving the loss of major shareholder qualification in a financial group.
• Samsung Securities Erroneous Dividend Case: Litigation to cancel the Financial Services Commission's fine imposition order related to erroneous dividend distribution by Samsung Securities.