We have reviewed multiple ship finance documents including loan or investment agreement, mortgage agreement, ship sale & purchase, lease, BBCHP and shipbuilding contracts for sellers or buyers to manage various risks in trading vessels under loan or investment.
Kwon & Co. represented Korean Re in the case where a coal bulk carrier crashed into the fire power plant of Korea Southeastern Power that damaged the berth, conveyor and cranes to procure the LOU and proceeded settlement agreement regarding the damages.
Kwon & Co. also represented major Korean insurance companies such as Hyundai Marine and Fire, Meritz and DB for various marine insurance cases and received good outcomes.
Kwon & Co. provides in-depth legal opinions based on profound understanding of English marine insurance law by the partners Tae Il Kwon and Suyeon Jung who both finished LLM program in England with merits.