I would like to shortly introduce some background facts of the Supreme Court of the United States in 1946.

On 28 June 2016, the Korean government enacted an amendment to the Enforcement Decree of the FSCMA which, among others, expands the exception to the Chinese wall regulations . . .

Beginning August 1, 2016, Korea's revised law on the corporate governance of financial companies took effect. On the same day, the FSC announced its year-long review of controlling shareholders...

The FSS of Korea published the draft ‘Guidelines on Margin Requirements for Non-Centrally Cleared OTC Derivatives Transactions' on 14 December 2016 and invited comments to be submitted by 2 January 2017.

As a general rule, the Korean Commercial Code (KCC) forbids a company from acquiring its own shares (treasury shares) in accordance with principles of capital adequacy.

Korea has seen a dramatic increase in international commercial disputes in recent years. Among these, post-M&A deal disputes have become increasingly common and acrimonious. As the authors detail below, a historically unique set of circumstances set the stage for this swift rise in international disputes in Korea.

The AGFI adopts enhanced soundness standards by employing broadened qualification tests for major shareholders.

On June 28, 2016, the Financial Services Commission ("FSC") proposed the enactment of the "Act on the Financial Consumer Protection Framework" (the "Proposed Enactment").

In principle, the consideration for a tender offer under the Securities and Exchange Act ("SEA") is cash. However, it is not clear whether a tender offer in exchange for other securities, i.e. an "exchange offer", is also permitted under the SEA. If a tender offer in exchange for new shares of the purchaser is permitted as a form of exchange offer, then such structure would be very favorable to the purchaser in that he is relieved of the burden of procuring cash, while the tender offeror also ha

On December 30 2006 the National Assembly approved a package of tax law amendments for 2007. The majority of the amendments came into force on January 1 2007.

Ruling confirms long-suspected risk of liability for directors and officers in approving use of target company assets as security for acquisition financing.

South Korea has finalized its US$350 billion U.S. investment framework, splitting into a US$150 billion shipbuilding package and a US$200 billion program where Korean capital flows through U.S.-managed investment structures. Project selection does not establish binding Korean capital commitments, as funding remains subject to South Korean investment decisions, commercial reasonableness tests, and a US$20 billion annual limit.

국제거래 업무 특성상, 다른 국가에 있는 거래 상대방에게 밀린 채무를 독촉해야 할 상황이 종종 발생하곤 합니다....