YOON&YANG
イ・セヨン 先任外国弁護士
이세용 외국변호사.jpg
  • TEL 82 2 6003 7532
  • FAX 82 2 6003 7033
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Paul S. Rhee is the senior foreign attorney (partner) in the highly-ranked and award-winning Antitrust and Competition Practice Group at Yoon & Yang LLC in Seoul, Korea, which has been designated since 2008 as an ‘ELITE’ competition practice in Korea by Global Competition Review (GCR) with listing as a GCR 100 law firm and, in 2018, has won the GCR Awards for “Regional Firm of the Year: Asia-Pacific, Middle East and Africa” and In-House Community Asian-Mena Counsel Firm of the Year.
He has been practicing in Korea for over 20 years, advising multinational corporations on all aspects of their Korean business while primarily focusing on antitrust matters involving interface between antitrust law and intellectual property rights, corporate leniency program, merger control, criminal prosecution, private damage claims, administrative appeals, internal audits/investigations and compliance/training. He has extensive experience representing multinational corporations in Korea Fair Trade Commission (KFTC) investigations concerning abuse of dominance, unfair trade practice (including subcontracting), false advertising, merger review and domestic and international cartels in various industries.

From 2017 to 2018, Paul led his team in successfully representing United Technologies Corporation in the KFTC’s merger investigation into its acquisition of Rockwell Collins, which resulted in KFTC’s unconditional approval and was honored with the GCR Awards 2019 for “Merger control matter of the year – Asia-Pacific, Middle East and Africa.” From 2013 to 2015, he led his team in successfully representing Microsoft Corporation in the KFTC’s merger review investigation into its acquisition of Nokia Corporation’s mobile device business, which resulted in the first consent decree in a merger review case in Korea and was honored with the GCR Awards 2016 for “Merger control matter of the year – Asia-Pacific, Middle East and Africa.”

Since 2019, Paul has been a ranked lawyer (Band 3) for Competition and Antitrust by Chambers & Partners Asia-Pacific. In 2015, 2017, 2018 and 2021, Paul was the winner of the Law Business Research’s Lexology Client Choice Award in Competition & Antitrust for South Korea. Since 2012, he has been the contributing author and international panelist from Korea covering commercial and competition practice areas for LexisNexis UK’s LexisPSL Practice Note.

経歴

  • 2002-present Yoon & Yang LLC
  • 2006-12 Vice-Chairman, Legal Services Committee, The European Union Chamber of Coomerce in Korea
  • 2001-02 Horizon Law Group, Seoul, Korea
  • 1998-00 Kim & Chang, Seoul, Korea
  • 1996-97  Lambert Armeniades & Lee (now Mayer Brown LLP’s Paris office), Paris, France

学歷

  • 1996 Syracuse University College of Law, J.D.
  • 1991 University of California, Berkeley, Political Science, B.A.

主要業務事例

ANTITRUST 
[Merger Control]

  • Represented both Symbio and Schaeffler in a merger filing to establish a joint venture for hydrogen fuel cell parts business
  • Represented PSA Automobiles (forrmerly Peugeot and now part of Stellantis) in a merger filing to acquire a substantial stake in Symbio, the hydrogen fuel cell joint veture between Michelin and Faurecia/Forvia
  • Represented Raytheon Technologies Corporation in a merger filing to establish a joint venture with Saudi Aramco for cybersecurity business
  • Represented ALD in a merger filing to establish a joint venture with Mitsubishi UFJ Lease & Finance for vehicle leasing and fleet management business
  • Represented United Technologies Corporation in a merger filing to acquire Raytheon Company
  • Represented Faurecia Exhaust International in a merger filing to acquire a substantial stake in Symbio, the hydrogen fuel cell subsidiary of Manufacture Francaise des Pneumatiques Michelin
  • Represented United Technologies Corporation in a merger filing to acquire Rockwell Collins (honored with GCR Awards 2019 “Merger control matter of the year – Asia-Pacific, Middle East and Africa”)
  • Represented United Technologies Corporation in a merger filing to acquire Rockwell Collins
  • Represented Oriental Brewery Company in a merger filing to acquire a leading Korean craft beer maker
  • Represented Performance Optics and its subsidiaries, Vision Ease and Daemyung Optical, in the KFTC’s 9-month merger review investigation into its sale to HOYA Corporation
  • Represented Microsoft Corporation in the KFTC’s 22-month merger review investigation into acquiring Nokia Corporation’s mobile device and service business and subsequent completion of the first consent decree in a merger review case in Korea (honored with GCR Awards 2016 “Merger control matter of the year – Asia-Pacific, Middle East and Africa")
  • Represented Mahindra & Mahindra Limited in a merger filing to acquire a substantial stake in Mitsubishi Heavy Industries’ Japanese agricultural machinery subsidiary
  • Represented an intervenor in the KFTC’s merger review investigation into Google’s acquisition of Motorola Mobility
  • Represented both Microsoft Corporation and General Electric in a merger filing to establish a joint venture for healthcare software business
  • Represented United Technologies Corporation in a merger filing to acquire Goodrich Corporation
  • Represented United Technologies Corporation (Pratt & Whitney) in a merger filing to establish an aircraft engine joint venture with Rolls-Royce
  • Represented Carrier Corporation in a merger filing to acquire a substantial stake in Robert Bosch’s U.S. subsidiary
  • Represented DSM Nutritional Products in a merger filing to acquire Bayer’s Korean animal feed premix business
  • Represented Oriental Brewery Company in a merger filing to merge with its affiliate, KSBC
  • Represented Cathay Pacific Airways in a merger filing to acquire a substantial stake in Air China’s cargo business

 

[Cartel]

  • Represented a leading multinational software company’s Korean subsidiary in the KFTC’s 3-year investigation into public procurement bid-rigging, which resulted in a non-violation decision
  • Represented a leading multinational machine component manufacturer's Korean subsidiary in the KFTC’s 4-year investigation into the domestic conveyor belt cartel, which resulted in full immunity under the KFTC’s corporate leniency program and full exemption of administrative surcharge in another cartel investigation under KFTC’s amnesty plus program (first time for full exemption of administrative surcharge under KFTC’s amnesty plus program), and in a follow-on damage action filed by major Korean customers
  • Represented a leading multinational machine component manufacturer's Korean subsidiary in the KFTC’s 2-year investigation into the domestic crawler/track cartel, which resulted in full immunity under the KFTC’s corporate leniency program and amnesty plus benefits in another cartel investigation
  • Represented a leading multinational elevator manufacturer's Korean subsidiary in the KFTC’s 3-year investigation into the domestic elevator/escalator cartel (at the time, one of the longest running cartel investigations in Korea), which resulted in partial immunity and substantial reduction in administrative surcharge under the KFTC’s corporate leniency program, and in a 7-year follow-on damage action filed by a major Korean customer in the trial and intermediate appellate courts and the Korean Supreme Court
  • Represented a leading multinational airline in a multi-jurisdictional cartel investigation into the international air cargo cartel (and subsequent appeal of the KFTC’s decision), which resulted in substantial reduction in administrative surcharge, and in a follow-on damage action filed by a major Korean customer
  • Represented a leading multinational display manufacturer in a multi-jurisdictional cartel investigation into the international CRT and TFT-LCD cartel, which resulted in full immunity
  • Represented a leading multinational heating, ventilation and air-conditioning manufacturer’s Korean subsidiary in the KFTC’s investigation into the domestic system air-conditioner cartel, which resulted in substantial reduction in administrative surcharge
  • Represented a leading multinational manufacturer's Korean subsidiary in the KFTC’s 2-year investigation into the domestic industrial motor cartel, which resulted in full immunity under the KFTC’s corporate leniency program and amnesty plus benefits in another cartel investigation
  • Represented a leading multinational manufacturer in a multi-jurisdictional cartel investigation into the international marine hose cartel, which resulted in substantial reduction in administrative surcharge

 

[Abuse of Market Dominance]

  • Represented an interested party in an investigation by the KFTC into an alleged abuse of market dominant position by Google and its Android operating system
  • Represented Qualcomm in an investigation by the KFTC into an alleged abuse of market dominant position
  • Represented Riiid, a Softbank Vision Fund-backed AI education technology company, in acquiring Qualson, a leading English language learning and content provider based in Korea

 

M&A

  • Represented a party bidding to acquire TmaxSoft
  • Represented Camso Inc. in its sale to Compagnie Generale des Etablissements Michelin SCA regarding Korean aspects of the transaction
  • Represented Oriental Brewery Company in acquiring a leading Korean craft beer maker
  • Represented Camso Inc. (formerly Camoplast Solideal Inc.) in selling its Korean subsidiary to Kamur Partners Private Equity for KRW 37,000,000,000
  • Represented DFASS Group in establishing a joint venture for duty free business with Entas
  • Represented United Technologies Corporation (Pratt & Whitney) in establishing a joint venture for aircraft engine maintenance, repair and overhaul business with Korean Air in the Incheon Economic Free Zone
  • Represented DSM Nutritional Products in acquiring Bayer’s Korean animal feed premix business
  • Represented Otis Elevator in the sale of its industrial motor business for KRW 55,000,000,000 to Higen Motor, Hana-Cambridge-IMM Private Equity Fund, IMM Investment and Hana Investment Bank
  • Represented the Industrial Bank of Korea in a strategic alliance and joint venture with Societe Generale Asset Management SA for asset management business in Korea and the establishment of IBK-SG Asset Management
  • Represented Otis Elevator in the sale of its dormitory complex in Changwon City, Korea for KRW 12,300,000,000 to World Construction
  • Represented Carrier Refrigeration in the sale, and lease-back, of its factory facilities in Osan, Korea for KRW 52,000,000 to Merrill Lynch and Marathon Asset Management
  • Represented Otis Elevator in a buy-out of its elevator joint venture partner in Korea, LG Corporation, for KRW 333,000,000,000
  • Represented Otis Elevator in the sale, and lease-back, of its factory facilities located within the Changwon National Industrial Complex for KRW 16,500,000,000 to Ameco
  • Represented Daewoo Telecom and its creditors’ representative, Woori Bank, in selling substantially all assets of Daewoo Telecom’s subsidiary, Daewoo Powertrain, to GM Daewoo Auto & Technology for KRW 102,000,000,000
  • Represented a consortium in acquiring substantially all assets of a Korean business division of Baxter Healthcare
  • Represented Mobiletop in a KRW 2,000,000,000 equity investment by Intel Capital and Samsung Venture Investment at pre-IPO stage
  • Represented Baring Communications Equity Asia Fund in acquiring KRW 4,400,000,000 convertible bonds issued by YoungJin.com at pre-IPO stage
  • Represented Ceratech in a KRW 55,000,000,000 equity investment by J.P. Morgan Partners Asia
  • Represented SEI Investments and International Finance Corporation in the first foreign acquisition of a controlling stake in a Korean asset management company, Asset Korea Capital Management (SEI Asset Korea/ Baring Asset Management Korea) for KRW 5,000,000,000 from Tongyang Securities
  • Represented Newbridge Capital in the first foreign acquisition of a controlling stake in a Korean bank, Korea First Bank (SC First Bank/ Standard Chartered Bank Korea) for KRW 500,000,000,000 from the Korean government

受賞

  • Leading Individual, Competition/Antitrust, Chambers and Partners Asia-Pacific (2017-2024)
  • Leading Lawyer, Competition/antitrust, asialaw (2007-2018, 2020-2023/24)
  • Litigation Star, Competition/antitrust, Benchmark Litigation Asia-Pacific (2024)
  • Korea Super 30 Lawyers, Asian Legal Business (2023)
  • Client Choice Awards, Competition, Lexology (2015, 2017-2018, 2021)
  • Merger control matter of the year – Asia-Pacific, Middle East and Africa for United Technologies - Rockwell Collins transaction, GCR Awards( 2019)
  • Leading Practitioner, Competition and Antitrust, Expert Guides (2018)
  • Legal Expertise: Enabling business growth for Hoya - Performance Optics transaction, Financial Times’ FT Asia Pacific (2018)
  • Merger control matter of the year – Asia-Pacific, Middle East and Africa for Microsoft – Nokia transaction, GCR Awards (2016)
  • Only Recommended/ Endorsed Attorney from South Korea, Competition Law Experts, International Legal Media’ (2015)
  • Which Lawyer?, Competition/Anti-trust, PLC (2009-2014)
  • Leading Lawyer, Competition/Anti-trust, M&A, Corporate Governance, Dispute Resolution and General Corporate Practice, asialaw (2006)

寄稿

  • South Korea Section, Chambers and Partners’ Global Practice Guide – Merger Control (Co-author), 2019, 2020, 2021
  • South Korea Section, LexisNexis UK's LexisPSL Practice Note on Competition (International Cartel Enforcement & Merger Control) (Co-author), 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021
  • South Korea Chapter, Thomson Reuter’s Practical Law Global Guide, Competition and Cartel Leniency (Co-author), 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021
  • Euromoney/Legal Media Group’s Expert Guides: Competition and Antitrust, “Korea Fair Trade Commission’s Right Balance in Regulating SEPs and De Facto SEPs” (Co-author), 2018
  • Global Competition Review’s “Know-How Private Antitrust Litigation – Korea” (Co-author), 2014, 2015, 2016
  • LexisNexis UK's Doing Business in Korea (Co-author), 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021
  • “South Korea: Cartels and its Aftermath,” The American Lawyer (Co-author), May 2014
  • “South Korea Q&A Chapter,” Thomson Reuters’ PLC Cross-border Mergers & Acquisitions Handbook (Co-author), 2009, 2010, 2011, 2012/2013
  • “Korean Chapter,” The International Comparative Legal Guide to: Cartels & Leniency, Global Legal Group (Co-author), 2010, 2011, 2012, 2013, 2014, 2015
  • “Korean Antitrust Regulations,” South Korea Chapter, The Guide to Competition and Antitrust, International Financial Law Review (Co-author), 2008, 2009, 2010
  • “Overlapping Regulations by Sector-specific Regulators and the Competition Authority in South Korean Telecommunications and Financial Industries,” CUTS Centre for Competition, Investment & Economic Regulation (Co-author), November 2013
  • South Korea Chapter, Global Legal Group's International Comparative Legal Guide to: Cartels & Leniency (Co-author), 2010, 2011, 2012, 2013, 2014.

関連ニュース