Introduction of Directors’ Duty to Protect Shareholders’ Interests and Other Changes to Regulatory Framework on Corporate Governance
The National Assembly passed the first amendment to the Korean Commercial Code (the “KCC”), expanding the fiduciary duties of directors to include the protection of shareholders’ interests (the “First KCC Amendment”) on July 3, 2025.
Key Antitrust and Competition Policy Directions of New Administration
On June 4, 2025, President Lee Jae-Myung commenced his five-year term as the 21st President of the Republic of Korea. During his inaugural speech, President Lee emphasized his commitment to building a market economy ecosystem based on fairness and shared prosperity.
“Yellow Envelope Act” Passes National Assembly Plenary Session
On August 24, 2025, the National Assembly passed the amendment to the Trade Union and Labor Relations Adjustment Act (the “TULRAA”), commonly known as the “Yellow Envelope Act.”
UK Relationship Visas: Costs, Timescales & Application Tips
Relationship visas are expensive, time pressured and document heavy. For many couples, the real difficulty is not understanding that a route exists, but managing the cost, the timing and the evidence demands over several years. Applications under the UK spouse visa, the partner visa UK, the unmarried partner visa UK, the fiancé visa, the marriage …
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Troubleshooting UK Family and Child Visa Application Issues
Family and child visa applications often feel overwhelming when problems arise. Even well prepared families find themselves facing unexpected questions, missing documents, unclear refusals or delays that affect everyday life. Difficulties occur across the full range of categories, from the family visa UK route to child, parent and humanitarian applications. The wider rules in Appendix …
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A Turning Point: The Barrick Settlement and What It Means for Investors in the Mining Sector of Pakistan
In March 2022, Pakistan reached a landmark agreement with Barrick Gold and its partners to reconstitute the Reko Diq copper-gold project in Pakistan’s province of Balochistan. This settlement ended years of legal dispute, including a massive arbitration award against Pakistan, and opened the door to what the authorities hope will be a new era of …
LGBTQ+ Rights & Marriage Equality: Hong Kong Legal Community & IAFL Townhall
IAFL Calls for Equal Legal Protection for All Families in Hong Kong – International family law organization welcomes judicial progress while urging comprehensive legislative reform for same-sex couples and civil partnerships The International Academy of Family Lawyers (IAFL) has issued a statement reaffirming its commitment to legal protection without discrimination for families and children across …
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New open market requirements and IPO offering mechanisms in Hong Kong
The Hong Kong Stock Exchange (“HKEx”) concluded a major consultation and implemented, effective from 4 August 2025 (the “implementation date”), a series of reforms aimed at optimising IPO price discovery and open market requirements. HKEx is also seeking public views on public float proposals.
Key Legal Considerations in Mergers and Acquisitions
Mergers and acquisitions popularly known as (“M&A”) refers to the legal and financial processes through which companies combine or transfer ownership interests to achieve strategic, commercial, or operational goals. These transactions allow businesses to expand, diversify, restructure, or improve their market competitiveness.
European Commission Enters the Chat: EC’s Inaugural Decision on a Labor Market Cartel in Relation to No-poach Agreements and Recent Developments in Türkiye
Introduction Competition authorities worldwide have increasingly focused on labour market infringements under competition law, issuing new regulations and guidance in recent years.