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Overseas Construction Projects and Investment Projects

  • Practice Areas Introduction
  • In other countries, construction claims have been raised since a long time ago while they have been raised in the country since a few years ago. In general, the understanding of construction claims in other countries is very different from our understanding, and they try to abide by the more objective principle of distribution with respect to the characteristic of the construction work that construction is a long term project and are interested in the method of settling the claims reasonably among the parties, understanding that the fact that a claim has arisen itself is not important because claims always arise. That is, for overseas construction projects, because there is the understanding that claims always arise and the other party approaches the claims trying to settle the claims, the claims are paid so long as they are in accord with the facts and the rules. Because of these conditions of the overseas construction market, the constructors of the overseas construction projects tend to actively respond to the claims from the stage of bidding, and the claims arising in the course of construction performance are settled by the procedures of legal advice, negotiations, and arbitration, etc. Therefore, domestic construction companies need legal services from the attorneys with comprehensive understanding of the above characteristics and procedures and extensive experience in such cases. In particular, the disputes arising out of the overseas construction projects are resolved mostly by foreign law firms with an established global network and therefore, prompt legal services of a law firm specialized in the overseas construction projects is important to the domestic construction companies.

     

    Hankyul’s construction and real estate team is able to provide higher-quality legal services which meet the various needs of domestic construction companies in partnership with diverse law firms specializing in international construction, which partnership has been formed in the course of handling numerous overseas construction disputes, and through the network of attorneys with expertise in these areas. In particular, based on the experience in overseas mineral exploitation projects, power generation projects, and railroad construction projects, we can meet the legal needs of domestic construction companies in connection with more complex overseas construction projects which are different from the previous ones.

  • Practice Areas
  • -       Advising on bidding, contract management, and construction management in relation to the overseas construction projects (design, construction, and supervision, etc.)

    -       Advising on international construction claims and participating in negotiations and mediation on client’s behalf

    -       Working in partnership with and providing the network of the law firms specializing in international construction

    -       Advising on overseas real estate development and investment projects

    -       Advising on overseas mineral exploitation projects, power generation projects, and railroad construction projects