International law firm Integrites acts as a legal adviser to K-Sure, Korea trade insurance corporation, on settlement of a major commercial dispute in Ukraine.
In particular, ILF Integrites represents K-Sure in litigation with LG International, one of the largest Korean conglomerates, and Ukrpolymerconstruction LTD, the leading Ukrainian polyethylene pipe manufacturer.
Under the project’s framework, ILF Integrites’ lawyers represent K-Sure in two jurisdictions: Korean jurisdiction (due to the fact that a claim in this dispute was transferred from LG International to K-Sure under the contract on insurance of export risks and payment of insurance compensation to the policy holder) and Ukrainian one (in virtue of transfer of debt and invalidity of arbitration clause in initial contract as well as in connection with the enforcement of Ukrpolymerconstruction’s obligations in Ukraine).
The legal support to K-Sure is provided by a team of lawyers, including Yulia Repina, Counsel at Dispute Resolution Practice, Denis Kopiy, Head of Restructuring & Mediation Practice, Oleksii Kominarts, Artur Tretyakov and Ulyana Kataeva, associates, led by Vyacheslav Korchev, Managing Partner of ILF Integrites.
K-sure – Korea trade insurance corporation, founded by the Korean government in 1992 in order to manage export and import insurance programs and to facilitate global trade.