Establishment of Rules on the Management of and Procedures for the Consent Decree System

On February 4, 2016, the “Special Act on Revitalising Companies” (the Act) was passed by the National Assembly of Korea as temporary legislation ...

Asian-Counsel takes a look at the state of arbitration in various jurisdictions across the region, and uncovers the lofty aims of several arbitration centres.

In Korea, the Labor Standards Act is the principal law governing matters relating to employer-employee relationships. It generally …