South Korea

South Korea Latest Updates
Notes to foreign financial investment corporations that are starting businesses in South Korea
As of September 2019, there were 47,799 foreign investors registered with the Korea Financial Supervisory Service, including 36,190 institutional investors ...
Impact of permit and reporting system on location information business in South Korea
Korea's permit system is unlike legislation found in other countries, such as the EU or US.
Amended Patent Act to increase value of Korean IP
The Act has recently been amended primarily to introduce punitive damages and relieve patentees of some responsibility to prove acts of infringement.
New Changes in Korean Labour Law
Many foreign employers find Korean labour law to be a challenging obstacle to running a business in Korea, due to its complexity and the intensity of the regulations ...
Responding quickly to personal information breaches in South Korea
What in-house lawyers should know in case of a personal information leak in Korea.
In Korea, a licensee is now considered an interested party who may invalidate a patent
On February 21, 2019, the Korea Supreme Court issued a decision making it clear that a licensee is an interested party who may file a petition to invalidate a patent for which he holds a licence ...
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)