Tag: Korean ship seizure

The arrest of vessels/ships in Korea is a common tool to satisfy judgments against debtors. Korean courts allow the ex-parte arrest of ships. The court in Korea, normally, does not request from the Korean counsel of the creditor/claimant evidence of how long the ship will remain in Korean waters, as is, sometimes, the case in other neighboring jurisdictions. We find Korea to be a much easier destination for arresting vehicles than many other Asian nations, because of the efficiency focus

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