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The government announced guidelines in 2016 pushing for broader implementation of performance-based pay in the public sphere.

In July 2016, the Daejeon District Court sentenced a former CEO, who was charged with unfair labor practices, to 10 months' imprisonment and ordered him arrested immediately...

The FSC is expected to announce measures to relax certain rules concerning futures/options markets with the objective of boosting the domestic futures/options markets.

The dedicated professionals of Financial Institutions Group related practice (FIG) at Yulchon LLC will be bringing you periodic briefings on developments in Korea and globally concerning...

According to the KFTC's press release, the proposed merger does not raise competitive concerns in the seed, pesticide...

Seoul Central District Court terminated the rehabilitation proceedings of Hanjin Shipping yesterday on February 2, 2017 following public announcements by Hanjin Shipping . . .

Furthering the Korean government's policy response to an aging society and low birthrate, the 2014 amendment to the Labor Standards Act permitting pregnant employees at critical points in their pregnancy . . .

Labor organizations have expressed strong opposition to both sets of guidelines, accusing the government of simply trying to make it easier and more convenient to dismiss employees.

The once great shipping giant, Hanjin Shipping Co., Ltd. is now facing liquidation. The appraised liquidation value is 19 trillion won.

"Workout" in Korea is generally accepted as an out-of-court corporate restructuring process aimed at speedy business normalization of financially distressed companies...

On December 23, 2015, the Korean Constitutional Court, the final arbiter of constitutional disputes in Korea, issued a pair of companion decisions that clarify the bounds of medical advertisement regulation in Korea.

On 19 May 2016, the National Assembly passed the bill to amend the Debtor Rehabilitation and Bankruptcy Act ("DRBA"). Key amendments include...

Plaintiff, an owner of a red bean bread bakery, created a unique atmosphere in its store by differentiating various elements therein from other stores, such as its trademark, exterior sign, and store layout.

On August 24, 2016, the Supreme Court upheld a lower-court decision which found that an independent salesperson who sold and delivered dairy products for Korea Yakult Corporation...

Global marketing efforts by multinational enterprises on the global sports items market have rarely been as active as lately.

In July 2016, the Seoul Administrative Court accepted the Labor Relations Commission's determination that the dismissal of an employee who had continuously shown poor performance was justified.

On June 30, 2016, various South Korean government agencies including the Korea Communications Commission, the Financial Services Commission, the Ministry of the Interior, the Ministry of Health and Welfare, and . . .

On September 1, 2016, the 6th Bankruptcy Division of the Seoul Central District Court issued an order to commence the rehabilitation proceedings of Hanjin Shipping Co., Ltd.