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South Korea Jurisdiction Updates

Amendment to the Foreign Investment Promotion Act
The current Monopoly Regulation and Fair Trade Act (MRFTA) of Korea generally prohibits a second-tier company (i.e., a domestic company …
Project Financing Vehicles (PFVs)
The use of Special Purpose Companies (SPCs) has become prevalent in financing large projects that demand substantial amounts of money …
Understanding the ‘5 percent rule’ for Korean equity holdings
Under Article 147 of the Financial Investment Services and Capital Markets Act (FSCMA), an investor who acquires 5 percent or more …
Liability for a Culpa in Contrahendo in Korean law in light of the Hyundai Group Case
In 2010, Hyundai Group, backed by Hyundai Merchant Marine, was named the preferred bidder for the 34.88 percent stake in Hyundai Engineering & Construction (Hyundai E&C)…
Working with ‘Inter Partes Review’
On September 16th, 2012, the US Patent and Trademark Office (USPTO) initiated a new procedure called Inter Partes Review or …
Worker’s compensation rights and ‘Ordinary Wages’
Under Article 6 of the Enforcement Decree of the Labor Standard Act (the Labor Act), ‘Ordinary Wages’ is defined as …

Franchising in Korea: areas for consideration
Over the past decade the number of franchises launched by domestic and foreign companies in Korea has increased significantly …
Employee benefits under Korean Law
In Korea, the Labor Standards Act is the principal law governing matters relating to employer-employee relationships. It generally …
International arbitration in Korea – award enforcement
International arbitration is on the rise in the Republic of Korea. As more and more global companies with business in Korea are …
Korea to host Trademark Five (TM5) meeting in 2013

Registration requirements for foreign funds

Korea’s controlled foreign corporation rules

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

E-discovery in arbitration: a wake up call for Korean co’s

Implications of the KORUS FTA on Trademark Law in Korea

Choosing a corporate vehicle in Korea

Deemed acquisition tax when acquiring a company’s shares through a subsidiary

Five steps to being smarter with your IP

Sale and purchase of equity and inter-company loan of foreign invested company

Recent statutory amendments relating to KORUSFTA

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