DR & AJU LLC (led by mananging partner Kyu Chul Lee) represented Korea Shipping, which is SM Group's shipping division, in a lawsuit against a British bank and led it to victory.
In 2015, as the UK tax system was revised, the amount of tax-lease savings was additionally collected.
In 2019, a claim was filed for a takeover claim against Korea Shipping, demanding that they pay a fine of 40 billion won.
The UK bank's right to claim immunity is a bond under an unfulfilled bilateral contract and cannot be considered as a public interest bond.
Separately, the judgment was dismissed, saying that it was simply a rehabilitation claim.
Hyo Jong Choi, who led the case to victory, said, "The subject of recognition of non-fulfillment bilateral contracts should be strictly interpreted as 'when there is an original price relationship', which faithfully followed the purpose of such Supreme Court precedent."