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News & Analysis

DEAL OF THE MONTH - MARCH 2023

21 March 2023 by asialaw

asialaw's Deal of the Month for March 2023 is...

News & Analysis

LAWYER OF THE MONTH - MARCH 2023

21 March 2023 by asialaw

asialaw's Lawyer of the Month for March 2023 is...

News & Analysis

Facilitating Access to Korean Capital Markets: Lifting the Foreign Investor Registration Policy and Mandating English Disclosures

06 March 2023 by Jipyong - South Korea

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”).

News & Analysis

DEAL OF THE MONTH - FEBRUARY 2023

21 February 2023 by asialaw

asialaw's Deal of the Month for February 2023 is...

News & Analysis

LAWYER OF THE MONTH - FEBRUARY 2023

21 February 2023 by asialaw

asialaw's Lawyer of the Month for February 2023 is...

News & Analysis

Korean Tax Law and Regulation Updates for 2023

20 February 2023 by Lee & Ko - South Korea

Korea’s latest tax reforms package was approved by the National Assembly in December 2022, with further details made clear by the Presidential Enforcement Decree which was published in January 2023. Before going into the details of the Korean tax reforms for 2023, it is important to consider the wider global context and domestic political context in which these reforms have been made, in order to understand some of the rationale underlying the reforms.

News & Analysis

Amendment to the Safe Harbor Standards Under the Guidelines for Examination of Unlawful Support

06 February 2023 by Jipyong - South Korea

Effective from December 9, 2022, the amended Guidelines for Examination of Unlawful Support (the “Guidelines”) expands the scope and modifies the standards of the existing safe harbor.

News & Analysis

Advised Cigna Corporation on its Sale of LINA Korea to Chubb Limited

31 January 2023 by Kim & Chang - South Korea

On October 7, 2021, Cigna group entered a stock purchase agreement to sell the equity interests of certain companies operating across seven countries, including LINA Life Insurance Co., Ltd. (“LINA Life”) and Cigna Korea, to Chubb group for USD $5.75 billion in cash (this event is hereby referred to as “the Transaction”). The Transaction was successfully completed on July 1, 2022. Kim & Chang advised Cigna Group in this transaction with respect to due diligence on LINA Life and other divested companies in Korea, review and execution of the stock purchase agreement and other legal advice necessary or required for the transaction.

News & Analysis

Corporate and Commercial Law - stay informed on recent legal developments across 37 jurisdictions

19 January 2023 by LC Lawyers

We are pleased to present the latest edition of EY Corporate and Commercial Law global update. The articles in this global update reflect the global reach and diversity of EY Law services, from corporate law to civil law and commercial law to regulatory aspects across 37 jurisdictions, covering Western Europe, Latin America, Central and Eastern Europe and Asia-Pacific.

News & Analysis

2023 Capital Markets Regulation Trends and its Impacts on Corporations

18 January 2023 by Hyunjoo Oh, partner, Lee & Ko

Much of what was discussed in the new administration's capital market policy prospects in early 2022 was carried over from election pledges. That may be why the general market protection policy was widely deployed. Regulatory authority’s intention to regulate unfair trade has been announced several times and is reflected in regulation and supervision in a variety of ways. Robust financial supervisory authorities, a revived joint investigation team for securities crimes at the prosecutor’s office, and special provisions regarding listed companies in the Financial Service and Capital Markets Act of Korea (“FSCMA”) are actively working together. Let's take a look at the impact this regulatory trend will have on listed companies in 2023.