[Success Case] Normalizing a 260-Unit Officetel Project: A Two-Way Strategy to Defend Against Unfair Attachment and Secure Claims

In large-scale real estate development, a single prejudgment attachment can paralyze an entire project. This is especially true during the final stages of an officetel development, where sales are the lifeblood of the project's cash flow. Today, we share a successful case where we resolved a deadlock in a 260-unit officetel project in Cheonan by simultaneously defending against an unfair attachment and securing our client's rightful claims.

As a 260-unit officetel project in Cheonan was nearing completion, the construction company suddenly filed a prejudgment attachment on the unsold units. Their claim was based on a right to indemnity (approx. 390 million KRW) arising from the Project Finance (PF) and construction cost settlement process.

This action brought the resale of the units to a total standstill. However, our client disputed the validity of this claim, pointing to prior settlement agreements and a "No-Litigation Confirmation" signed by the construction company. It was a high-stakes situation where the project's normalization and debt recovery were at immediate risk.

Hoam Law Office executed a sophisticated, two-way preservation strategy to break the deadlock:

• Defense Against Unfair Attachment: We conducted an exhaustive analysis of the PF settlement history and the "No-Litigation Confirmation." We presented robust evidence to the court that the construction company's attachment was groundless and obstructed the legitimate business operations of the project.
• Preemptive Asset Preservation for the Client: While defending the project, we also conducted field inspections and credit/asset inquiries to identify the construction company's own assets. We then applied for both Real Estate and Claim Attachments to ensure our client's future recovery was fully secured.

Through our integrated response, we achieved the following results:

• Resolving the Resale Deadlock: By successfully challenging the validity of the construction company’s attachment based on the settlement evidence, we cleared the path for the resale of the unsold units, allowing the project to normalize.
• Simultaneous Protection of Client's Rights: We didn't just play defense. By securing preemptive attachment orders on the construction company’s assets, we provided our client with a solid foundation for practical debt recovery.
• Proven Problem-Solving in Development: This case demonstrates our ability to navigate the complex, multi-layered disputes common in PF and real estate development, providing execution-oriented solutions that keep projects moving.

In real estate development, a legal victory that comes too late is no victory at all. When a project is halted by an attachment, you need a partner who can combine litigation defense with proactive asset preservation.

At Hoam Law Office, we specialize in 'Active Problem Solving.' We understand the financial pressure of development projects and provide the strategic speed necessary to resolve disputes and secure recovery. If your project is stuck in a similar deadlock, consult with experts who understand the realities of the field.