Appendix A - Arbitration Act (English & Korean) - Arbitration Law of Korea: Practice and Procedure
About the firm:
Bae, Kim & Lee's International Arbitration and Litigation Group has earned worldwide respect for its forceful and uncompromising representation of clients. In a field where experience counts, BKL boasts Korea's first dedicated international arbitration practice group. Having been at the forefront of the field in Korea for the past 10 years, the team is now composed of 16 attorneys from several jurisdictions plus paralegals and staff, and includes a former Counsel of the ICC Secretariat and several members listed in leading publications including Who's Who Legal, Chambers, and Asia-Pacific Legal 500. This year, reflecting the team's progress and current international standing, BKL received the Arbitration Win of the Year award from Global Arbitration Review (GAR) and had the honor of being the first and only Korean firm ever listed in the "GAR 30," awarded to the 30 top arbitration practices worldwide.
Kap-You (Kevin) Kim is Head of the International Arbitration and Litigation Practice Group and Partner of Bae, Kim & Lee LLC. Mr. Kim has the distinct honor of being a Court Member of the ICC Court of Arbitration and the London Court of International Arbitration, listed ICSID arbitrator, Senior Advisor to the Korean Commercial Arbitration Board, Vice Chair of the IBA Arbitration Committee and a Board Member of the American Arbitration Association.
John P. Bang is Partner (foreign legal adviser) and co-founder of Bae, Kim & Lee's International Arbitration and Litigation Practice Group. Mr. Bang has acted as counsel in over 75 commercial arbitral proceedings in Asia, Europe and the US under the rules of all major international arbitral institutions including, among others, the ICC, ICSID, LCIA, SIAC, JCAA, and KCAB (Korean Commercial Arbitration Board) and numerous litigation proceedings in various foreign jurisdictions. He was named in the Global Arbitration Review’s "45 under 45" for 2011, which lists the leading figures of the international arbitration bar under the age of 45
Seungwoo (Sean) Cho
Matthew J. Christensen
Seung Il Hong
Eun Ah Jeung
Byoung Pil Kim
Sue Hyun Lim
David W. MacArthur
Sung Woo Yang
Originally from Arbitration Law of Korea: Practice and Procedure
Amended by Act No. 10207, 31 Mar 2010 (effective from 31 March 2010)
Amended by Act No. 6626, 26 Jan 2002 (effective from 1 July 2002)
Amended by Act No. 6465, 7 Apr 2001 (effective from 1 July 2001)
Wholly Amended by Act No. 6083, 31 Dec 1999
(effective from 31 December 1999)
*Translator’s note: An alternate enumeration structure has been adopted due to the fact that the characters used in the Korean statute required the use of a different form of numbering. The order, however, is the same. The alternate enumeration is generally consistent with the UNCITRAL Model Law 1985 on which the statute is based. We trust this will not result in any confusion.
CHAPTER I. GENERAL PROVISIONS
Article 1. Purpose
The purpose of this Act is to ensure the appropriate, impartial and prompt settlement of disputes under private law by arbitration.
Article 2. Scope of Application
(1) This Act shall apply to cases where the place of arbitration under Article 21 is the Republic of Korea; provided that Articles 9 and 10 shall apply even in cases where the place of arbitration is not yet determined or is not the Republic of Korea, and Articles 37 and 39 shall apply even in cases where the place of arbitration is not the Republic of Korea.
(2) This Act shall not affect any other Act or any treaty which has come into effect in the Republic of Korea, by virtue of which certain disputes may not be referred to arbitration or may be referred to arbitration according to provisions other than those of this Act.
Appendix A: Arbitration Act
Appendix A: Arbitration Act (Korean)