Skip to main content

Lawyer Michael Hay, who set up North Korea’s first and only foreign law firm, has died in Seoul aged 58, according to the website NK News.

Hay, a British-French national, established Hay, Kalb & Associates in Pyongyang in 2004. The firm specialised in providing advice to foreign entities with business interests in North Korea.

While its unique position gained the firm international media attention, in 2016 it suspended operations, after “thorough deliberation and an examination of the continuing deterioration of inter-regional relations pertaining to the Korean peninsula,” Reuters quoted Hay as saying.

Majority of Hay’s clients were foreign investors who had struggled with sanctions placed on North Korea, Reuters reported.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Q&A with Edwin Northover, Debevoise & Plimpton LLP

Debevoise & Plimpton LLP won the Insurance Law Firm of the Year award at the ALB Hong Kong Law Awards 2024, apart from being the sponsor of the Insurance In-House Team of the Year award. Edwin Northover, Asia-based corporate partner and head of the firm’s financial institutions and corporate practices in Asia, talks about the firm's recent achievements, trends in the insurance industry, and future outlook for insurance law in Hong Kong.

Kramer Levin and Herbert Smith Freehills plan latest law firm mega-merger

by Reuters |

U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills are planning to merge to create a firm with more than 2,700 lawyers, according to a joint statement on Monday.

Tokyo International makes Singapore debut with SE Asia in its sights

by Sarah Wong |

Japanese boutique Tokyo International Law Office (TKI) is set to establish its first overseas outpost with the opening of a Singapore office in January 2025, marking a significant milestone in the rapidly expanding firm's global strategy.