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Lee & Ko News

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Awards Ranking
Su Jin Jung Named to "ALB Asia Top Female Lawyers 2026"
Su Jin Jung, a leading partner in Lee & Ko’s Litigation Group, has been named to Asian Legal Business (ALB) Asia Top Female Lawyers 2026, in recognition of her standing as a leading female practitioner in Asia and her success in major disputes, including the SK Telecom personal data breach case.

Ms. Jung joined Lee & Ko in 2023 after 20 years on the bench. Drawing on that experience, she has developed exceptional expertise across a broad range of complex disputes, including fair trade litigation, criminal cases arising from serious industrial and occupational accidents, personal data protection litigation, and corporate control disputes. She has secured acquittals in a series of such criminal cases, including the SK Multi Utility and SAMPYO Group cases, two of Korea's most significant serious accident cases, and the industrial accident case involving Samsung Electronics' Giheung facility. The SK Multi Utility case resulted in the first acquittal under the Serious Accidents Punishment Act involving an affiliate of a major Korean conglomerate, while the SAMPYO Group case attracted nationwide attention as one of the first major cases arising from a serious accident occurring after the Act took effect. She also leads a number of fair trade administrative litigation matters concerning abuse of market dominance, unfair trade practices, and violations of the Fair Transactions in Subcontracting Act. Ms. Jung further contributed to achieving a balanced resolution in dispute mediation proceedings before the Consumer Dispute Settlement Commission in connection with the SK Telecom personal data breach and has obtained timely and favorable decisions in several preliminary injunction proceedings arising from corporate control disputes.

Published by Thomson Reuters, a leading global provider of legal news and information, Asian Legal Business (ALB) is a premier legal publication covering the Asia-Pacific region. Each year, ALB selects its Top Female Lawyers from 13 jurisdictions across Asia, including Korea, Japan, India, Singapore, and Hong Kong, recognizing women lawyers who have achieved outstanding results over the course of their careers.
2026.07.22
Awards Ranking
Lee & Ko’s Vera Eun Woo Lee Named to Managing IP’s Top 250 Women in IP 2026


Vera Eun Woo Lee, a partner in Lee & Ko’s IP & Technology Group, has been named to Managing IP’s Top 250 Women in IP 2026. This recognition reflects her outstanding achievements in intellectual property law, including her successful representation of a major distribution company in a trademark infringement action seeking injunctive relief and damages.

Since joining Lee & Ko in 2004, Ms. Lee has advised and represented clients across the full spectrum of intellectual property matters, including patents, trademarks, copyrights, domain names, unfair competition, IP licensing, and employee inventions. She has also played a leading role in precedent-setting disputes involving novel issues arising from technological developments and evolving social trends.

Ms. Lee’s notable track record includes a landmark trademark infringement case on behalf of a major distribution company, as well as a wide range of complex and first-of-their-kind disputes involving copyright and unfair competition issues. These include a Supreme Court case that established important standards for copyright infringement involving game-related works, as well as cases concerning the scope of protection for copyrighted photographs and the unauthorized use of a long-standing mark.

Managing Intellectual Property, also known as Managing IP, is a leading publication in the intellectual property field. Each year, it recognizes senior female IP practitioners with outstanding accomplishments based on research and surveys of IP professionals worldwide.
2026.07.13
Awards Ranking
Lee & Ko Wins the Most Awards Among Korean Law Firms at the Benchmark Litigation Asia-Pacific Awards 2026
Lee & Ko received a total of five awards at the Benchmark Litigation Asia-Pacific Awards 2026, including ‘Labour and Employment Firm of the Year,’ ‘South Korea Lawyer of the Year’ and ‘Client Choice – South Korea Firm of the Year,’ earning the distinction of being the most awarded Korean law firm at this year’s awards.

In the Practice Area Firm Awards category, which recognizes one leading law firm across the Asia-Pacific region in each of 11 practice areas, Lee & Ko was named ‘Labour and Employment Firm of the Year,’ underscoring the firm’s exceptional expertise in labour and employment law. Among its many notable achievements, Lee & Ko’s Labour and Employment Group successfully defended one of the world’s largest tyre manufacturers before the Supreme Court against serious allegations of illegal worker dispatch, thereby protecting the client’s business operations. The group also represented a major global automobile manufacturer in matters concerning an employer’s disciplinary authority and procedures.

In the ‘Lawyer of the Year – South Korea’ category, Lee & Ko’s Taeyop Lee was recognized for his outstanding achievements and contributions. Before joining Lee & Ko, Mr. Lee served as a public prosecutor, gaining extensive investigative experience in special investigations, finance and taxation, customs and foreign exchange, intellectual property—including trade secrets—and the healthcare and food sectors. Drawing on this background, he now leads criminal defense and general litigation matters at the firm involving intellectual property and trade secrets, personal information protection, broadcasting and telecommunications, foreign exchange and customs, and healthcare. In particular, he has built a strong reputation for guiding clients through major corporate criminal matters involving finance, trade secrets and serious accidents, consistently securing favorable outcomes and delivering the highest level of protection for his clients’ interests.

Lee & Ko also received the ‘Impact Case of the Year’ award for its representation of HSBC Bank in a criminal short-selling case. In that case, the firm persuaded the court to adopt a reasonable interpretation of the short-selling provisions under the Financial Investment Services and Capital Markets Act and secured a not-guilty verdict for its client.
In addition, Lee & Ko was named ‘South Korea Firm of the Year’ in the Client Choice Awards, which were announced in conjunction with the Benchmark Litigation Asia-Pacific Awards, while Foreign Attorney Steve Minhoo Kim was recognized as ‘South Korea Honourable Mention Lawyer of the Year.’ Based on client feedback and evaluations, the Client Choice Awards recognize excellence in client service. These accolades further demonstrate Lee & Ko’s differentiated client service and the high level of trust it has earned from its clients.

Benchmark Litigation is a globally renowned publication focusing on dispute resolution and litigation. Each year, it publishes rankings based on in-depth analysis of law firm submissions, as well as interviews with lawyers, clients and litigation experts.
2026.07.06
Awards Ranking
Attorney Jin Hun Kim Recognized in Benchmark Litigation Asia-Pacific's 'Top 40 Under 40 2026'
Lee & Ko Attorney Jin Hun Kim has been selected for Benchmark Litigation Asia-Pacific’s ‘Top 40 Under 40 2026’ in recognition of his outstanding achievements, including his success in a claim valued at approximately KRW 106 billion brought on behalf of the Banpo Jugong Apt. Complex 1 — Districts 1, 2 and 4 — Housing Reconstruction Project Association against the Korea Land and Housing Corporation, seeking registration of transfer of ownership on the grounds of completed acquisitive prescription by possession.

Mr. Kim is a construction and real estate specialist whose practice focuses on litigation and advisory work relating to urban improvement projects, including redevelopment and reconstruction. He has built a strong track record of favorable outcomes across the full spectrum of project-related matters, including injunctions prohibiting general meetings, halting bidding procedures or suspending the performance of official duties; civil actions confirming contractor status and seeking damages; and administrative litigation to invalidate association establishment authorizations or rescind management and disposal plans.

He also achieved the distinction of having a constitutional complaint, filed on behalf of a housing reconstruction project association, referred to the Full Bench of the Constitutional Court — only the second such case since the mechanism was introduced. Most recently, he prevailed on behalf of the Banpo Jugong Apt. Complex 1 Housing Reconstruction Project Association in a claim valued at approximately KRW 106 billion for registration of transfer of ownership based on completed acquisitive prescription by possession. His expertise, capabilities and demonstrated track record have earned him a place on Benchmark Litigation Asia-Pacific’s ‘Top 40 Under 40 2026.’

Benchmark Litigation, published by Delinian, formerly Euromoney, is a globally renowned publication focusing on dispute resolution and litigation. Its ‘Top 40 Under 40’ list recognizes 40 outstanding lawyers under the age of 40 in the Asia-Pacific region based on extensive research and evaluation.
2026.07.06
Awards Ranking
Attorneys Keum Nang Park and Miji Lee Named to Benchmark Litigation Asia-Pacific’s ‘Top 100 Women in Litigation 2026’
Lee & Ko Attorneys Keum Nang Park of the Healthcare Group and Miji Lee of the Antitrust & Competition Group have been named to Benchmark Litigation Asia-Pacific’s ‘Top 100 Women in Litigation 2026’ in recognition of their outstanding achievements in healthcare-related patent and regulatory disputes, as well as major competition law matters.

Ms. Park serves as Co-Head of Lee & Ko’s Healthcare Group, advising clients on intellectual property matters—including pharmaceutical and biotechnology patents—as well as a broad range of regulatory matters involving the Ministry of Health and Welfare, the Ministry of Food and Drug Safety, and the Ministry of Environment. She brings deep and wide-ranging expertise across the healthcare industry, including pharmaceuticals, medical devices, cosmetics, food, dietary supplements and household chemical products. Ms. Park was named to this year’s list in recognition of her success in defending market exclusivity on behalf of the patent holder of a world-renowned cardiovascular blockbuster drug, prevailing in more than 100 patent suits brought by numerous generic manufacturers. Her selection also reflects her achievements in protecting patent rights in litigation involving a widely used blockbuster biologic for chronic inflammatory disease and a prominent blockbuster biologic for ophthalmic disease.

Ms. Lee has extensive experience in fair trade law, having represented Korean and multinational companies before the Korea Fair Trade Commission and the courts in numerous matters involving cartels, abuse of market dominance, unfair trade practices and unfair support activities. She is also highly experienced in domestic and cross-border merger filings. Recently, she has acted for shipping companies, major platform operators and other Korean and international clients in a series of appeal proceedings challenging significant KFTC dispositions. Ms. Lee was named to this year’s list as a respected female litigator who represents her clients’ interests with unwavering commitment at every stage, from KFTC investigations and hearings through to follow-on litigation.

Benchmark Litigation, published by Delinian, formerly Euromoney, is a globally renowned publication focusing on dispute resolution and litigation. Its annual ‘Top 100 Women in Litigation’ list recognizes 100 leading female litigators in the Asia-Pacific region based on months of in-depth research and analysis.
2026.07.06
Awards Ranking
Kiri Yi Named to "ALB Asia Top 30 Litigators 2026"
Lee & Ko is pleased to announce that Kiri Yi, partner in the firm's Arbitration & Litigation Group, has been recognized on the “Asia Top 30 Litigators 2026” list by Asian Legal Business (ALB), a premier legal publication, in acknowledgment of his exceptional expertise and record of bringing major disputes to favorable resolution, most notably the landmark Pohang earthquake state liability litigation.
 
Thomson Reuters’ ALB annually selects attorneys across the Asia-Pacific region who have delivered outstanding results in high-stakes litigation. This recognition reflects his exceptional expertise in complex, high-stakes disputes on the international stage.
 
Prior to joining Lee & Ko, Mr. Yi served nineteen years on the bench at the Seoul Central District Court, Seoul High Court, Suwon District Court, and other courts nationwide. That judicial experience laid the foundation for a practice covering corporate criminal defense, international litigation, product liability, administrative law, and M&A and management rights disputes. His engineering background and command of foreign languages uniquely position him to handle matters characterized by the intersection of technical complexity and cross-border dimensions.
 
Mr. Yi’s standout achievement was the Pohang earthquake state liability litigation, in which he prevailed on appeal, overturning the first-instance judgment and obtaining dismissal of all plaintiffs' claims. He subsequently secured a favorable outcome in a class action requiring deep technical fluency in smartphone technology and prevailed in a criminal matter centered on complex capital markets transactions. These results underscore his mastery of both litigation strategy and courtroom advocacy in matters of the highest complexity.
2026.06.19

Press & Releases

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[Money Today] Lee & Ko Named Korea’s Most-Awarded Law Firm at Benchmark Litigation Asia-Pacific Awards 2026
On July 8, 2026, Money Today reported on Lee & Ko’s recognition at the Asia-Pacific Awards 2026, hosted by Benchmark Litigation, a world-renowned publication known for its rankings in dispute resolution and litigation. Lee & Ko earned honors across five categories, including Labour and Employment Firm of the Year, South Korea Lawyer of the Year, and Client Choice – South Korea Firm of the Year, cementing its position as the most-awarded law firm in Korea.
2026.07.08
[Seoul Economic Daily] From HD Hyundai's Shipbuilding Merger to Petrochemical Restructuring: The Deal Architect Behind Complex Transactions
July 8, 2026
Attorney Hyoung Geun Hong of Lee & Ko has been named as one of the "Best Lawyers of the First Half of 2026" selected by Seoul Economic Daily Signal. Seoul Economic Daily emphasized, “Hyoung Geun Hong is a go-to advisor behind major M&A transactions involving Korea's leading conglomerates, having led deals such as LG Chem's sale of its Water Solutions business and CJ Freshway's acquisition of Marketboro. 
2026.07.08
[News1] An Untold Advocate for A-Frame Carrier Corps Veterans to Refugees, Behind a Thriving Corporate Lawyer
On July 6, 2026, News1 featured an interview with Lee & Ko attorney Seok Pyo Hong, describing him as a distinguished professional specializing in insolvency and rehabilitation who has also dedicated himself to pro bono activities for 16 years since entering practice. The article highlighted two landmark cases that reflect his commitment: securing the first-ever ruling recognizing a member of the so-called “A-Frame Carrier Corps” under the Korean Service Corps (KSC) as a veteran and obtaining a precedent-setting decision in which a Korean court, for the first time, acknowledged the practice of “recycling,” the repeated re-arrest of Egyptian refugees.
2026.07.06
[Money Today] From Fake Investment Chatrooms Featuring Jae-seok Yu to Ji Hye Lee’s Lingerie Ads… “Deceptively Real” Publicity Rights Under Threat
July 4, 2026 
Attorney Tae Joo Kim of Lee & Ko was featured in Money Today. In the article, Kim discussed publicity rights during an appearance on the YouTube channel DouzoneTV, explaining, “The right to commercially use an individual's identifying attributes—such as their name, image, or voice—is known as the 'right of publicity.' It gives individuals, particularly celebrities, the exclusive right to authorize the commercial use of their identity. While the concept is not yet widely known, Korean law recognizes and protects these rights. Accordingly, fabricated advertisements that exploit a celebrity's name or likeness without authorization may constitute an infringement of the right of publicity."
2026.07.04

Deals & Cases

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Lee & Ko Secures Acquittal of Mirae Asset Affiliates in Criminal Appeal Concerning Alleged Undue Benefits to a Specially Related Party
Lee & Ko successfully secured a full acquittal at both the trial and appellate levels for Mirae Asset Global Investments Co., Ltd. and Mirae Asset Life Insurance Co., Ltd. (collectively, “Mirae Affiliates”) in a criminal case alleging violations of the Monopoly Regulation and Fair Trade Act (“MRFTA”).

The prosecution alleged that the Mirae Affiliates unfairly allocated business to golf courses operated by an affiliate with a high ownership ratio held by a specially related party, thereby conferring undue benefits. The trial court rendered a full acquittal on January 16, 2025, and Lee & Ko prevailed again on appeal on October 24, 2025. The appellate ruling is particularly noteworthy given that related administrative litigation, after dismissal by the Seoul High Court, remains pending before the Supreme Court.

The principal issue in the criminal proceedings was whether the Mirae Affiliates possessed the requisite criminal intent to confer, or to tolerate the conferral of, undue benefits upon a specially related party through the use of group-owned golf courses.

Lee & Ko argued that establishing criminal intent with respect to abstract legal concepts under the MRFTA requires strict and careful proof. The firm emphasized that criminal liability should not be imposed where corporate group-level decisions reflect reasonable business judgment. Lee & Ko demonstrated that the use of group-owned golf courses formed part of a rational asset management strategy and that there was no intent or acceptance of conferring undue benefits.

Through meticulous review of documentary evidence and extensive witness examination, Lee & Ko successfully established the absence of criminal intent. The decision is particularly significant given the limited criminal precedent concerning the conferral of undue benefits to specially related parties. The appellate court clarified that criminal intent cannot be inferred solely from formal considerations, such as a high ownership ratio of a specially related party or the mere potential for indirect advantages in management succession, and underscored the need for caution in recognizing intent in the context of abstract statutory concepts under the MRFTA.

 
2026.06.25
Lee & Ko Advises on HD Korea Shipbuilding & Offshore Engineering’s USD 1.55 Billion Overseas Exchangeable Bond Offering
Lee & Ko advised HD Korea Shipbuilding & Offshore Engineering Co., Ltd., the intermediate holding company for the shipbuilding business of HD Hyundai Group, on its USD 1.55 billion overseas exchangeable bond offering. The bonds are exchangeable into common shares of HD Hyundai Heavy Industries Co., Ltd. held by HD Korea Shipbuilding & Offshore Engineering, and the offering was successfully completed amid strong interest from global investors in Korea’s shipbuilding industry. The transaction attracted significant market attention as a large-scale overseas exchangeable bond offering involving shares of a key listed subsidiary of one of Korea’s leading shipbuilding groups.

Overseas exchangeable bond offerings require comprehensive review of various Korean law issues, including disclosure requirements relating to the exchange property, determination of the exchange price, exchange procedures, foreign exchange regulations and capital markets regulations. Lee & Ko provided comprehensive legal advice to the issuer throughout the transaction, including Korean law review of the offering structure, review of transaction documents and the offering circular, and advice on disclosure and governmental approval matters. Following its advice on LG Chem’s USD 2 billion overseas exchangeable bond offering in 2025, Lee & Ko once again demonstrated its strong expertise in overseas equity-linked bond offerings by Korean companies through its successful representation in this large-scale transaction.
2026.05.29
Lee & Ko Secures Trial and Appellate Court Acquittals in Criminal Bid-Rigging Case Involving Insurance Contract Bids
Lee & Ko’s Antitrust & Competition Practice Group successfully represented a prominent Korean insurance company in criminal proceedings concerning alleged bid rigging in connection with insurance contract bids issued by the Korea Land and Housing Corporation (LH). Following the acquittal by the trial court, Lee & Ko successfully defended the acquittal on appeal.

Despite the existence of leniency applications submitted by certain participants, Lee & Ko carefully analyzed the credibility and reliability of the statements and evidence. The appellate court concluded that there was insufficient evidence to establish the existence of collusion. This case is particularly noteworthy as the acquittal was upheld not because of a lack of intent, but because the Prosecutor’s Office failed to sufficiently prove there was a collusive agreement.

This outcome demonstrates Lee & Ko’s command of complex evidentiary issues, rigorous factual analysis, and comprehensive defense strategy in the trial and appellate court proceedings. Lee & Ko systematically challenged the evidence, including leniency statements, by scrutinizing their admissibility and credibility and persuasively highlighting the limitations. The acquittal reflects the Antitrust & Competition Practice Group's depth of expertise in complex cartel defense, from evidence analysis to appellate advocacy.
2026.02.06
Lee & Ko Advises Korean Consortium on USD 1.3 Billion Financing of Panama Metro Tunnel
Lee & Ko has advised the Korean consortium (as borrower) comprised of Hyundai Engineering & Construction Co., Ltd., POSCO Eco & Challenge Co. Ltd. and Hyundai Engineering Co., Ltd., in connection with the consortium’s Syndicated Discounted Repurchase Facility financing for the construction of the Panama Metro Line 3. 

The financing was structured as a securitization of government payment certificates (Certificados de No Objeción, or CDNOs) via three separate facilities provided by KEXIM, IDB Invest (the private sector arm of the Inter-American Development Bank), and a syndicate of seven international banks covered by K-Sure.

The funding will be used by the consortium to extend the Panama Metro Line 3 under the Panama Canal and further demonstrates the trust that international financiers place in the technical expertise of Korean contractors exporting their skills and know-how worldwide. 
2026.01.30
Represented the Ministry of Land, Infrastructure and Transport and achieved a victory in a lawsuit filed by plaintiffs, consisting of members of the National Assembly and citizens, seeking the cancellation of real estate measures (Seoul Administrative Court, Judgment pronounced on January 29, 2026, Case No. 2025GuHap56119).
This case originated from the government's announcement on October 15, 2025, of real estate measures expanding the scope of designated regulation zones to all of Seoul and 12 regions in Gyeonggi Province. Designation as a regulation zone triggers strict regulations, including strengthened actual residence requirements and lowered Loan-to-Value (LTV) ratios for housing mortgages. The plaintiffs argued that these real estate measures severely infringed upon their property rights and, in particular, that the Ministry of Land, Infrastructure and Transport intentionally misused housing price statistics serving as the basis for designating regulation zones.

In response, Lee & Ko's Administrative Litigation (Appeal) team argued that the government possesses broad discretion in formulating real estate policies. Furthermore, the team contended that since housing price statistics for September were not available at the time of designating the regulation zones, the government had no choice but to utilize existing data, and the fact that September housing price statistics were announced just before the additional designation of regulation zones did not affect the legality of the measures.

Considering the importance and urgency of the matter, the court proceeded with the trial swiftly. As a result, only two months after the lawsuit was filed, in January 2026, the court accepted all of Lee & Ko's arguments and dismissed the plaintiffs' claims. This case is evaluated as one where Lee & Ko's Administrative Litigation (Appeal) team demonstrated its ability to respond swiftly and accurately to government regulatory policies.
 
2026.01.29
Lee & Ko Secures Supreme Court Ruling that Value-Added Tax Refund Agency Services Provided by a Refund Counter Operator Do Not Constitute “Services Similar to a Money-Lending Business”
Lee & Ko secured a Supreme Court ruling reversing and remanding the lower court’s decision, which had treated the services at issue as exempt from value-added tax, by systematically advancing the legal argument that value-added tax refund agency services provided by a refund counter operator to foreign tourists do not constitute exempt “services similar to a money-lending business.”

The issue in this case was whether services under which a refund counter operator, acting on behalf of a tax-exempted seller, refunds value-added tax to foreign tourists and is reimbursed by the tax-exempted seller in the following month constitute “services similar to a money-lending business” under the Value-Added Tax Act and are therefore exempt from value-added tax.

The lower court held that the services constituted “services similar to a money-lending business,” reasoning, among other things, that the fees received by the refund counter operator could be regarded as interest on the amounts advanced, and accordingly upheld the tax assessment.

Before the Supreme Court, Lee & Ko presented detailed and rigorous arguments that: (i) the provisions of the Value-Added Tax Act providing exemptions for money-lending businesses and other specified services must be strictly construed to cover only money-lending businesses in their ordinary sense, incorporating the essential elements of money lending; (ii) a “money-lending business” necessarily involves the extension of credit through the provision of money on the premise that a specified amount will be repaid after a certain period, whereas a refund counter operator merely advances the necessary expenses incurred in carrying out entrusted matters in its capacity as a mandatary under a merchant agreement with a tax-exempted seller and is subsequently reimbursed, which does not constitute the lending of money; and (iii) the intent of the parties to the transactions was likewise inconsistent with a loan of money. The Supreme Court accepted Lee & Ko’s arguments, held that the lower court had erred by misapprehending the governing legal principles in a manner that affected the outcome of the judgment, and reversed and remanded the case.

This ruling is significant because it clarifies that the substance of a refund counter operator’s business is not money lending, but rather the handling of administrative matters on behalf of another party. The ruling is expected to serve as an important precedent not only for refund counter operators, but also for the value-added tax treatment of various other agency service providers that receive fees under similar arrangements.
2026.01.15
Lee & Ko Secures Full Victory for Korean Entertainment Company in SHIAC Arbitration against Chinese Firm
Lee & Ko successfully represented a prominent Korean entertainment company in an international arbitration administered by the Shanghai International Arbitration Center (“SHIAC”) against a Chinese software company, securing a full award in favor of the client. The dispute arose from a licensing agreement under which the Korean entertainment company granted the Chinese firm the right to develop games utilizing the intellectual property of its affiliated artists. The case involved complex factual and legal contentions, centered primarily on the attribution of liability for significant development delays and the fulfillment of contractual conditions for termination.

As the governing law of the contract was Chinese law, the case demanded a meticulous and nuanced analysis of the local legal framework and contract law principles. Furthermore, because both the seat of arbitration and the arbitral institution were located in China, the proceedings required extensive experience and strategic expertise in navigating the specific procedural nuances of Chinese international arbitration.

Leveraging its deep track record of handling high-stakes disputes in China, Lee & Ko’s International Arbitration Team acted as sole counsel throughout the proceedings. The team successfully led all written submissions and hearing proceedings against local Chinese counsel, ultimately securing a "complete victory" for the client. This outcome underscores Lee & Ko’s dominant capability in China-related disputes and its proven ability to deliver favorable results in challenging foreign jurisdictions.
2025.12.16

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