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  • Article

    Why Headcounts Matter: Korean Labor Law On Foreign Businesses In Korea

    Under Korean labor law, the applicability of disciplinary measures depends on employee headcount. For foreign companies in Korea, however, to what extent should the headcount requirement apply, especially if they have more than one local presence?
    South KoreaEmployment and HR
    D&A LLC
    D&A LLC
  • Article

    외국인 투자에 따른 주요 자본거래 신고 사항

    외국 기업이 한국 내 자회사를 설립하거나, 혹은 국내 법인이 외국 투자자로부터 투자를 유치하는 경우에 외국환거래가 일어납니다.
    South KoreaGovernment, Public Sector
    Pine Law Office
    Pine Law Office
  • Article

    전속적 국제재판관할의 합의 시 - 국내 법원에 소송이 가능한 경우는?

    우리나라 기업이 소위 갑의 지위에 있는 외국 기업과 계약을 하거나 거래 관계를 맺을 때, 협상에서 불리한 위치에 놓이는 경우가 종종 발생합니다.
    South KoreaInternational Law
    Pine Law Office
    Pine Law Office
  • Article

    South Korea Proposes Mandatory Human Rights Due Diligence Obligations On Employers

    South Korean lawmakers have proposed a bill imposing mandatory human rights and environmental due diligence obligations on employers.
    South KoreaEmployment and HR
    Littler Mendelson
    Littler Mendelson
  • Article

    Post-M&A Disputes In Korea

    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.
    South KoreaLitigation, Mediation & Arbitration
    Bae Kim & Lee PC
    Bae Kim & Lee PC
  • Article

    Recent Developments To Monopoly Regulation And Fair Trade Act Of Korea

    The Korean Fair Trade Commission (KFTC) reviewed its overall fair trade regime in 2006 and proposed a total of 34 items to amend in the Monopoly Regulation and Fair Trade Act (Fair Trade Act) and its Enforcement Decree.
    South KoreaCorporate/Commercial Law
    Bae Kim & Lee PC
    Bae Kim & Lee PC
  • Article

    The "Special Act On Revitalizing Companies" (The So-Called "One-Shot Act"), Aimed At Enhancing The Competitiveness Of Industries And Vitality Of Companies, To Take Effect In August 2016

    On February 4, 2016, the National Assembly of the Republic of Korea passed the "Special Act on Revitalizing Companies," which is commonly referred to as the "One-Shot Act"...
    South KoreaCorporate/Commercial Law
    Yulchon LLC
    Yulchon LLC
  • Article

    Major Issues Regarding South Korea's Implementation Of The Subcontract Price Adjustment System

    In South Korea, a significant disparity exists between large companies and SMEs, with unfair subcontracting transaction practices prevalent in the market.
    South KoreaCorporate/Commercial Law
    D&A LLC
    D&A LLC
  • Article

    Changing Trends Of Korean Contractors

    There has been a notable reduction in the number of international construction contracts awarded to Korean contractors in recent years, following a record-high period of growth between the years of 2009-2012.
    South KoreaReal Estate and Construction
    Barton Legal Limited
    Barton Legal Limited
  • Article

    Tender Offers In Korea - New Shares Issued By Purchaser As Consideration

    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
    South KoreaEmployment and HR
    Lee & Ko
    Lee & Ko
  • Article

    Arbitration In Southern Africa – Time For Korean Companies To Consider Alternative Arbitration Venues?

    For years now, the African continent has seemed destined for bigger and better things.
    South KoreaLitigation, Mediation & Arbitration
    D&A LLC
    D&A LLC
  • Article

    2023: Doing Business In South Korea

    President Yoon Suk Yeol was elected in 2022, on a platform of economic development through deregulation and pro-business policies.
    South KoreaGovernment, Public Sector
    World Law Group
    World Law Group
  • Article

    Korean Supreme Court Finds Criminal Breach Of Fiduciary Duty In LBO Pledge Of Target Assets

    Ruling confirms long-suspected risk of liability for directors and officers in approving use of target company assets as security for acquisition financing.
    South KoreaLitigation, Mediation & Arbitration
    Bae Kim & Lee PC
    Bae Kim & Lee PC
  • Article

    중대한 것으로 판단되는 사이버 보안 사건 및 기타 사이버 보안 사건의 공개

    미국 SEC의 기업재무부서 디렉터인 에릭 게르딩(Erik Gerding)은 최근 Form 8-K의 Item 1.05와 관련된 두 가지 지침 성명을 발표했습니다. 이 항목은 지난해 SEC에 의해 채택되었으&#
    South KoreaTechnology
    D&A LLC
    D&A LLC
  • Article

    Franchisor Obligations To Provide Information Under The Franchise Business Act – Focusing On The Obligation To Provide Information About Estimated Profits

    In Korean law, franchising refers to "a continuous business relationship in which a franchisor allows its franchisees to use its own trademarks, service marks, trade names, signs, or any other...
    South KoreaCorporate/Commercial Law
    D&A LLC
    D&A LLC
  • Article

    Why Korea Is Gaining Prominence For M&A Activity

    Korea, known for its rich culinary heritage, fascinating history, and renowned hospitality, has long rendered Seoul a favored travel destination.
    South KoreaCorporate/Commercial Law
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    자본시장법 개정에 따른 여성의 이사회 진출

    자산총액 2조원 이상인 주권상장법인의 이사회 이사 전원을 특정 성(性)의 이사로 구성하지 아니하도록 의무화하는 내용의 자본시장과 금융투자업에 &
    South KoreaCorporate/Commercial Law
    D&A LLC
    D&A LLC
  • Article

    소수주주의 주주간 계약서 작성 시 유의점

    주주 간 계약은 주주들 사이에 회사의 지배구조 및 의결권 행사, 주식의 처분, 회사의 운영 등에 관하여 체결되는 계약으로, 동업자들 간 회사의 운영에 
    South KoreaCorporate/Commercial Law
    Pine Law Office
    Pine Law Office
  • Article

    Imputed Liability For Anti-trust Violations

    Under Korean law, a third party (a shareholder, parent or affiliated company) that is closely related to a company that is found have violated the MRFTA may be considered directly or indirectly liable for such company’s violation
    South KoreaAntitrust/Competition Law
    Bae Kim & Lee PC
    Bae Kim & Lee PC
  • Article

    대한민국 상법 제796조 운송인의 면책사유로서의 ‘불가항력' – 러시아-우크라이나 전쟁과 EU의 대러제재

    불과 몇 년 사이에 전 세계는 다양한 형태의 혼란을 겪고 있다. 2020년부터 본격적으로 확산되며 전 세계를 강타한 COVID-19 사태는 여러 나라들이 격리, 출입국 제
    South KoreaGovernment, Public Sector
    D&A LLC
    D&A LLC

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