Kim & Chang successfully represented a major Korean consumer goods company in an International Chamber of Commerce (“ICC”) international arbitration concerning the acquisition of a US consumer goods company. By securing an award that confirmed the validity of the Company’s call option exercise, our firm achieved a favorable result for the client.

In a second phase of arbitration heard by the same ICC tribunal, we secured an injunction and money damages against the sellers for their breach of a contractual non-competition clause, a rare occurrence under the governing California law. This was a complex and deeply fact-dependent case in circumstances where the sellers denied their involvement in the competing venture.

Acting as sole counsel, our firm navigated complex legal challenges involving California law and US procedural law. In particular, we engaged in a sophisticated US discovery process which uncovered critical facts, and developed compelling legal arguments grounded in deeply-researched applicable law. We delivered our arguments in a series of briefing submissions and two hearings at the Los Angeles venue before the three-member tribunal.

This victory is significant as it provides crucial legal support for the success of the Korean client’s capital in outbound investments. Our firm remains committed to providing world-class legal solutions for Korean enterprises expanding into the US market or facing local disputes, further strengthening the global competitiveness of our clients.