Hogan Lovell OffshoreBook 2023 230809 OnlinePDF - Flipbook - Page 221
Offshore Wind Worldwide 2023
6. OTHERS
A developer is liable to compensate the
interested parties for losses (including fishermenâs losses for a reduction in revenues
of the fishing business) arising out of the use
of public waters.
221
Most of the precedents in Korean law for
determining compensation to interested
parties for use of public waters arise in connection with the construction of near-shore
infrastructure projects (such as wharfs and
breakwaters). Because OWFs may be further
out from the shoreline, it may be practically
more difficult to identify "interested parties"
and determine the appropriate scope of loss
or compensation.
Young Kyun Cho
Senior Attorney
Kim & Chang, Seoul
T +82 2 3703 1113
ykcho@kimchang.com
John Park
Senior Foreign Attorney
Kim & Chang, Seoul
T +82 2 3703 1747
john.park@kimchang.com
Chang Sup Kwon
Senior Attorney
Kim & Chang, Seoul
T +82 2 3703 1821
changsup.kwon@kimchang.com
