Byung-Chol (B.C.) Yoon, Sae Youn Kim and Hyungkeun Lee, members of Kim & Chang’s International Arbitration & Cross-Border Litigation Practice, participated as speakers in the “Third Party Funding Forum – Analysis and Outlook of the Korean TPF (International Third-Party Funding)” hosted by LITIG Equity Partners on February 20, 2025.

Third Party Funding (“TPF”) is an arrangement under which funds necessary for litigations and arbitrations are financed through investments made by a third party. TPF has recently seen rapid expansion in both the international and domestic markets, and has garnered attention as a strategic response to international disputes for companies entering the global market. In this seminar, Korean and international experts were invited to provide an in-depth analysis of the current status and trends of the TPF market in Korea.

Following Mr. Yoon’s opening remarks, which emphasized the latest trends related to TPF and its future applicability, Mr. Lee presented on the topic of “Key Issues in Utilization of TPF.” Ms. Kim participated as a panelist, sharing case studies and proposing ways for companies to effectively utilize TPF for dispute resolution.