South Korea

South Korea Latest Updates
Major amendments to the Product Liability Act
Since its introduction on July 1, 2002, the Product Liability Act has been enforced for the purpose of holding manufacturers, etc, liable for any damages caused to life, body or property resulting from defects of their products, according to the principle of absolute liability ...
The Gig Economy: A challenge to conventional labour law
Both employers and workers should pay attention to the issues ...
Major amendments to the Unfair Competition Prevention and Trade Secrets Protection Act
Following its amendment on April 17, 2018, the new provisions of the Unfair Competition Prevention and Trade Secrets Protection Act took effect on July 18, 2018 ...
Amended Law on designation of Chief Information Security Officer by information and communications services providers
The amendment focuses on improving the safety of information and communications networks and protecting personal information.
“Fat finger” mistakes in the Korean stock market
Attention is being focused on typos made in transactions in the Korean stock market.
Copyright issues involving font files
According to the Supreme Court, the act of using a font itself does not constitute infringement of a copyright, but the act of “implementing” a font file does.
South Korea Related News
The Gig Economy: A challenge to conventional labour law
Both employers and workers should pay attention to the issues ...
Cryptocurrency regulations and their prospects in Korea
Lawmakers and regulators have struggled to come to terms with bitcoin and other cryptocurrencies ...
Brand protection strategies for Korea
Nicholas Park, senior foreign attorney at Lee International IP & Law Group chaired a timely discussion with some of our Seoul in-house thought leaders ...
Undisputed arbitration experts
Since its founding in 2002, Bae, Kim & Lee’s arbitration team has established its reputation as one of the biggest names in international arbitration in the region ...
Visionary External Providers of the Year 2017
Introducing the winners of this year's awards to recognise legal providers that go above and beyond in the service of their clients ...
South Korea: Amendment of the Fair Trade Act
A proposed amendment of the Enforcement Decree of the Monopoly Regulation and Fair Trade Act (Fair Trade Act) was approved by the State Council on September 26, 2017 ...
South Korea: Big data ownership and regulation
On October 16, 2017, the US Supreme Court decided to hear a case in which Microsoft refused to submit requested data to US law enforcement authorities for a criminal investigation ...
SOUTH KOREA: Amendment of Korean Fair Trade-related Laws
The Moon administration is seeking reforms in a variety of areas of the Korean economy, based on its vision of “an economy pursuing co-prosperity” ...
South Korea: Compelling foreign-based inventors to provide deposition testimony in the US
As part of the discovery process in US patent litigation, the party accused of patent infringement will seek the deposition testimony of the inventor ...
Are shares donated to a foundation subject to gift tax?
Hwang Pil-sang, the founder of Suwon Kyocharo, a Korean daily newspaper, decided to donate money earned through his newspaper business to help students of the university he attended ...
South Korea In-House Handbook & Directory
South Korea Chapter (including firm directory)