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04 December 2023 by
In a recent case concerning shareholders’ contractual rights in rehabilitation proceedings, Korea’s Supreme Court held that a contract which grants the shareholders the right to consent
06 November 2023 by
On September 25, 2023, Korea’s Financial Services Commission (“FSC”) announced a legislative notice for a proposed amendment to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (the “FSCMA”).
10 October 2023 by
On August 24, 2023, the Ministry of Justice (the “MOJ”) announced partial amendments to the Commercial Act of Korea to bolster regulations on corporate governance and protection of shareholders.
04 September 2023 by
Voluntary carbon market (“VCM”) is a truly unique marketplace where private actors buy and sell carbon credits to remove or reduce greenhouse gases (GHG) in the atmosphere.
08 August 2023 by
Recently, there has been an increasing number of cases where the Prosecutor’s Office (“PO”) initiated investigations on antitrust matters traditionally taken up by the Korea Fair Trade Commission (the “KFTC”), such as violations of the Monopoly Regulation and Fair Trade Act (the “MRFTA”) and bid rigging.
13 July 2023 by
Hydrogen power, among other new and renewable energy sources, is garnering attention as one of the carbon-free power generation sources in Korea.
03 July 2023 by
Foreign contractors and subcontractors doing business with Korean companies are often puzzled by how Korean courts deal with liquidated damages and penalty clauses in contracts.
21 June 2023 by
The Serious Accidents Punishment Act (“SAPA”) is a relatively new legislation that came into force on January 27, 2022.
25 April 2023 by
A recent decision by the German Federal Court of Justice has spurred interest in the international arbitration community regarding the interplay between a country’s antitrust laws and enforcement of foreign arbitral awards.
06 March 2023 by
On January 25, 2023, the Financial Services Commission (the “FSC”) announced its proposed measures to ease foreign investors’ access to Korean capital markets (the “Proposed Measures”).