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October 14, 2014
Parallel importing occurs when a third party imports genuine goods to Korea without the express permission of the sole/exclusive importer of the goods. …
September 15, 2014
There have been many instances where a company, intending to expand its business into the Internet world, learns that someone already has registered and owns the company’s business name on …
July 25, 2014
The Defense Acquisition Program Administration (DAPA) of South Korea is responsible for handling and overseeing projects related to military supplies and defense industry procurement. …
July 2, 2014
In recent years, the Korean regulatory environment has become increasingly aimed at attracting foreign investors and developers to invest into Korea and boost Korea’s tourism industry. Currently eight …
June 24, 2014
‘Parallel Importation’ refers to the importation of genuine foreign products (products covered by the trademark of a foreign company with legitimate trademark rights) by third parties, using different distribution …
April 25, 2014
Recently, several former executives of a large multinational corporation were hit with the largest civil penalty ever for individuals in a corporate foreign bribery case - each was ordered to pay US$524,000. …
March 3, 2014
The current Monopoly Regulation and Fair Trade Act (MRFTA) of Korea generally prohibits a second-tier company (i.e., a domestic company …
January 16, 2014
The use of Special Purpose Companies (SPCs) has become prevalent in financing large projects that demand substantial amounts of money …
December 3, 2013
ASIAN-MENA COUNSEL's latest IP & TMT Special Report, (Vol 11 Issue 6) features a presentation by Lee International IP & Law Group, co-hosted by ASIAN-MENA COUNSEL, on Brand Protection Strategies for Korea. In a concurrent open discussion with special In-House Community guests, senior foreign attorney, Nicholas Park talked about the counterfeiting situation in South Korea and advised on the legal actions and strategies that could assist organisations in combatting the problem. Joining forces for our Special Report, Paul, Weiss, Rifkind, Wharton & Garrison and Fangda Partners explained the implications of the merger between Two Powerful Chinese media regulators.
November 27, 2013
Under Article 147 of the Financial Investment Services and Capital Markets Act (FSCMA), an investor who acquires 5 percent or more …
October 24, 2013
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)…
October 15, 2013
Nicholas Park, senior foreign attorney at Lee International IP & Law Group chaired a timely discussion with some of our Seoul in-house thought leaders ...
September 16, 2013
On September 16th, 2012, the US Patent and Trademark Office (USPTO) initiated a new procedure called Inter Partes Review or …
September 6, 2013
Over the past decade the number of franchises launched by domestic and foreign companies in Korea has increased significantly …
September 6, 2013
Under Article 6 of the Enforcement Decree of the Labor Standard Act (the Labor Act), ‘Ordinary Wages’ is defined as …