Yoonjung Lee

Senior Associate - Dispute Resolution

Yoonjung is a Senior Associate in our Dispute Resolution team, specialising in complex commercial litigation.

She has particular expertise in restructuring and insolvency and regularly advises and acts for directors, major banks, receivers and liquidators on a wide range of insolvency law issues including directors’ duties, securities enforcement and cross-border issues.

Yoonjung has acted for clients in the energy, insurance, technology and telecommunications sectors in high-value contract and tort disputes involving court proceedings and arbitrations.  She has also advised regulators in proceedings concerning disclosure obligations and acted for a corporate defendant in a prosecution brought by the Commerce Commission.

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Professional background

Recent work

Climate-related litigation

Acting for an energy company in arbitral proceedings regarding a dispute as to who is contractually responsible for satisfying historic carbon emissions obligations of NZD43 million in addition to continuing obligations pursuant to an indemnity.

Multi-million-dollar arbitration for telecommunications provider

Acting for an NZX-listed telecommunication provider in a multimillion-dollar dispute against its former contractors for breaches of contractual and fiduciary duties.

Large Government IT project dispute

Advising a multinational professional services firm in a major claim involving the New Zealand Government and an IT subcontractor arising from a project to provide a new Human Resources Information Management System to a primary government agency.

Receivership of rural feed business

Acting for both a bank and its appointed receivers in relation to the receivership of a rural feed business based in the Bay of Plenty. Advising on all aspects of the receivership, including lease agreements, trading arrangements, and the eventual sale of the business.

Dispute over IT solution for insurer

Acting for a major national insurer in a NZD24 million dispute with its former IT system provider.

Landmark decision on directors’ duties

Successfully representing the liquidators of Mainzeal in the High Court against the company’s directors for breach of directors’ duties. The claims related to the collapse of Mainzeal and related companies which resulted in more than NZD158 million of unsecured creditors’ claims.

Admitted

  • 2014, New Zealand

Qualifications

  • LLM, University of Auckland
  • LLB (Hons), University of Auckland
  • BCom (Hons, First Class, Accounting), University of Auckland

Affiliations

  • Member, Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ)
  • Member, Women in Restructuring & Insolvency (WIRI)

Specialisations

  • Complex commercial disputes
  • Restructuring and insolvency
  • Companies law and directors’ duties
  • Regulatory compliance
  • Insurance broker liability