60 results found

President Yoon's victory in South Korea's presidential election on 9 March 9th, 2022 meant sweeping changes to the direction that the Korean government would follow across a number

There are various occasions in the shipping business where parties to carriage contracts must pay additional container charges for prolonged container use.

In just a few years, the world has been struck by various forms of chaos. The COVID-19 pandemic hit in 2020, forcing many countries to take unprecedented measures, such as establishing quarantine and immigration restrictions.

Erik Gerding, Director of the Division of Corporation Finance at the US Securities and Exchange Commission ("SEC"), recently issued two guidance statements regarding Item 1.05 of Form 8-K. Adopted by the SEC...

In advance of South Korea's first AI Act taking effect in January 2026, a recently published draft presidential decree has clarified the regulatory framework, resolving some initial uncertainties. The law seeks to balance innovation and safety, with the government explicitly stating its commitment to a "minimum regulation" approach.

The global financial crisis and the COVID-19 pandemic have driven the world into the New Normal era. In an era of uncertainty, the focus of corporate management is also moving from growth towards sustainability.

On April 29, 2021, a total of eight amendments to Republic of Korea ("Korea")'s labor laws, including the Labor Standards Act ("LSA"), passed the plenary session of the National Assembly, promulgated on May 18, 2021.

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

Like the common law, Korean law holds a party subject to strict liability where such party is responsible for a product defect that caused personal injury and property damage.

The Supreme Court of Korea has ruled that the maximum paid annual leave granted to one-year fixed-term workers shall be 11 days, not 26 days.

In Korea, what taxation would be levied on foreign corporations that do not have a permanent establishment in Korea if they receive royalties from Korean domestic corporations in exchange for the transfer (or licensing) of patents and other intangible assets?

The acquisition of offshore wind turbine installation vessels has become a significant issue as the number of offshore wind power projects in Korea continues to grow.

근로기준법(Labor Standards Act)을 비롯하여 총 8개의 노동관계법률 개정안이 2021. 4. 29. 국회 본회의를 통과하고 2021. 5. 18. 공포되어 2021. 11. 19. 또는 2022. 5. 19.부터 시행되게 되었습니다.

Simon Stiell, the Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), warned that humanity has little time left to save the planet against climate change, stressing that the next two years are critical to saving the planet.

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?

This article examines the judicial interpretation of the scope of self-defense in Korea, drawing on relevant precedents, and explores key considerations that could guide future determinations regarding the boundaries of lawful self-defense.

One of the many early signs of a dispute among international parties in Korea, regardless of the method of dispute resolution, is shown through preliminary remedies.