Jin Young Jung wields significant experience advising some of Korea’s largest energy companies on energy commodity and infrastructure projects.
As the lead partner of Lee & Ko’s energy practice group, Mr Jung has been practising in energy commodity transaction, energy development project and other energy-related matters for about 20 years.
Mr Jung has used his in-depth knowledge and experience to advise major energy-related companies such as the Korea Resources Corporation (KORES), the Korea Gas Corporation (KOGAS), the Korea Electric Power Corporation (KEPCO), the Korea District Heating Corporation, POSCO, Hyundai Steel, E1 Corporation, Anglo American Marketing Ltd and Anglo Platinum Marketing Ltd. In particular, he has represented and advised domestic and foreign energy companies in major energy projects and energy-commodity transactions, such as the Sakhalin II LNG project; the Mexico Manzanilo LNG terminal project; the POSCO LNG tank storage project; the US Renaissance project; and the BWT sale and securitisation of LME Copper. Recently, Mr Jung advised a major Korean mining company in relation to the sale of its direct and indirect shares in the Cobre Panama project.
Mr Jung’s work in the energy area includes: provision of legal advice on energy law and its derivative issues; documentation of templates of transaction documents, such as sales contracts and security agreements; and representation of clients in contentious matters arising from energy projects and energy-commodity transactions. Due to his wide-ranging coverage and plentiful experience, Mr Jung is known as one of the most reputable lawyers in the Korean energy industry and has been recognised as a leading lawyer in his field by WWL and IFLR1000.
Mr Jung has also worked as a foreign lawyer at Richards Butler, in London (2001) and Hong Kong (2002). In the course of his work, he enhanced his level of specialisation in shipping law and established a good network with UK firms.
Jin Young Jung is looked upon with enormous favour by sources thanks to his in-depth knowledge of maritime litigation and related commodities issues.
As the head partner of Lee & Ko’s shipping practice group, Mr Jung has been practising in maritime, shipbuilding, shipping insolvency and aviation for about 25 years and is highly regarded for his expertise and extensive experience in the Korean shipping industry.
Throughout his professional career, he has handled a number of major shipping and aviation cases, including, among others: the MV Hebei Spirit v Samsung Barge No 1 case; the seizure, by Somali pirates of MV Bright Ruby; the Hanjin Shipping bankruptcy case; the sinking of MV Sewol; the Air China aircraft crash at Gimhae; and the Korean Air crash at Guam. He has also represented many foreign/domestic clients (Hanjin Shipping, the Korea Line Corporation, Hapag Lloyd, Pan Ocean, Britannia P&I Club, Steamship Mutual P&I Club, North China Shipping, Korean Air, Thai Airways, Cathay Pacific, Finn Air, etc) in a number of litigation and arbitration matters in Korean and foreign jurisdictions.
Mr Jung’s practice in the field encompasses all aspects of shipping law including marine cargo claims; bills of lading; charter-party disputes; salvage; general average matters; oil pollution; collisions; marine insurance; piracy; ship mortgage enforcement; ship arrest; shipbuilding disputes; and ship sale and purchase. Mr Jung has also successfully extended his specialty to include shipping insolvency and comprehensive logistics. Due to his wide-ranging expertise and plentiful experience, Mr Jung is known as one of the most proficient lawyers in the Korean shipping, transportation and logistics industry and has been consistently recognised as a leading or top-tier lawyer by Chambers Asia, The Legal 500 and Asialaw for the past seven years.
Mr Jung has also worked as a foreign lawyer at Richards Butler, in London (2001) and Hong Kong (2002). In the course of his work, he enhanced his level of specialisation in shipping law and established a good network with UK firms. He also served as adjunct lecturer in shipping law at the Judicial Research and Training Institute of the Korean Supreme Court (2008).