thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Establishing a Company in Korea: New Corporate Forms Available under Revised Korean Code
http://www.thekoreanlawblog.com/2011/08/establishing-company-in-korea-new.html
Establishing a Company in Korea: New Corporate Forms Available under Revised Korean Code. According to the Ministry of Justice, over 95% of corporations in Korea are formed as a Chushik Hoesa, while the Korean Commercial Code (KCC), at this time, defines four different types of Korean potential business entities. In order to allow a little more flexibility, two new business forms have been created. Yuhan Chaekim Hoesa (LLC). Chushik Haesa (Joint Stock Company; Co. Ltd. Corp. Ltd.). In recent years, a few...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Defamation on Trial
http://www.thekoreanlawblog.com/2008/10/defamation-on-trial.html
Appeared in the Korea Times on October 30, 2008. A renowned actress recently committed suicide after being traumatized by malicious comments posted on Internet message boards. The actress leaves behind her young children and adoring fans. However, Korea has a vastly different history and relies more on the government for solutions to difficulties. Labels: Korean Legal System. SEARCH THE KOREAN LAW BLOG. Follow Korean Law Blog by Email. About SEAN C. HAYES. The Korean Law Blog. NY Attorney Sean Hayes grew...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: English-language Patent Filing System in Korea Approved by Supreme Court
http://www.thekoreanlawblog.com/2015/08/patent-lawyer-korea-patentcourt.html
English-language Patent Filing System in Korea Approved by Supreme Court. The Korean Supreme Court has, recently, issued a statement calling for the establishment of an English-language "international justice department" within the Patent Court. The purpose is to encourage more patent cases to be filed in Korea. One major issue is that Korea is not considered a neutral venue by many foreign companies for matters that may damage the business of chaebols (Korean conglomerates). Thus, we doubt that we w...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Migrant Worker Labor Union Denied Registration in Korea
http://www.thekoreanlawblog.com/2015/08/labor-law-korea-migrants.html
Migrant Worker Labor Union Denied Registration in Korea. South Korea's first labor union for migrant laborers, Migrants' Trade Union (MTU) has, recently, been denied registry with Korea's labor authorities for a second time. In 2005, the MTU sued the Korean government to gain legal recognition. Last month, 10 years after their lawsuit began, the Korean Supreme Court released a landmark ruling that declared that all workers, regardless of their legal status, have the right to unionize in South Korea.
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Visa for Investors in Korea (D-8 Visa): KRW 100,000,000 Minimal Investment
http://www.thekoreanlawblog.com/2007/10/visa-for-investors-in-korea-d-8-visa.html
Visa for Investors in Korea (D-8 Visa): KRW 100,000,000 Minimal Investment. In order to ensure that the visa is issued in a timely manner and not turned down (difficult to overturn a determination of immigration without litigation) it is advisable to hire an attorney when applying for a D-8 Investment Visa. The following was drafted by KOTRA (. Http:/ english.kotra.or.kr/wps/portal/dken. Visa for Business Investors (D-8). The visa can be issued for:. Specialists" refers to the following:. Those engaged i...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Abuse of Superior Bargaining Power Notification by the Korea Fair Trade Commission: Distributor Risks in Korea
http://www.thekoreanlawblog.com/2014/10/Korea-Antitrust-law-abuse-bargaining-position-korea.html
Abuse of Superior Bargaining Power Notification by the Korea Fair Trade Commission: Distributor Risks in Korea. The Korea Fair Trade, in May of 2014, published the Notification on Specific Types of Abuse of Superior Bargaining Positions in Continuous Resale-Type Transactions (the "Notification") according to Article 23 of the Korean Monopoly Regulation and Fair Trade Law of Korea. The Notification has made substantial changes to Korea's Antitrust Law. Refusal to Provide Statements of Transactions. The re...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: REAL ESTATE INVESTMENT COMPANY ACT (old)
http://www.thekoreanlawblog.com/2007/10/real-estate-investment-company-act-old.html
REAL ESTATE INVESTMENT COMPANY ACT (old). REAL ESTATE INVESTMENT COMPANY ACT. Amended as of January 14, 2005). New Law in effect on Oct, 2007). CHAPTER I GENERAL PROVISIONS. The definitions of terms used in this Act shall be as follows:. 1The term "real estate investment company" means any company that is incorporated pursuant to Article 5 mainly for the purpose of investing its assets in real estate and managing invested assets, which falls under each of the following items:. C) The corporate restructur...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: 2/1/07 - 3/1/07
http://www.thekoreanlawblog.com/2007_02_01_archive.html
Korea Audit Board to Audit FTA Negotiations. According to a report in the Donga Ilbo on Feb. 27, 2007 the Board of Audit and Inspection (BAI). Is engaged in projects for clients in Bangladesh, Cambodia, China, Korea, Laos, the Philippines, Myanmar, Vietnam and the United States. The Korea Practice Team may be contacted at: seanhayes@ipglegal.com. Audit Board Will Look Over FTA Negotiations. FEBRUARY 27, 2007 Donga Ilbo (TRANSLATION). 8220;While listening to the explanation of Korea’s chief negotiat...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Korea's Cyber Defamation Law: Basics of Libel and Slander in Korea
http://www.thekoreanlawblog.com/2015/08/Korea-Defamation-Lawyers.html
Korea's Cyber Defamation Law: Basics of Libel and Slander in Korea. The crime of defamation, in South Korea, is vastly different from defamation laws in many Western countries. Most Western countries have, only, civil liability for defamation and much stricter requirements even for civil liability. In the United States, the alleged defamation (civil) against a person must be a false statement. The truth is a complete defense. Article 70 (Penal Provisions). 1) A person who commits defamation of another pe...
thekoreanlawblog.com
The Korean Law Blog | IPG Legal Int'l Law Firm: Getting a Divorce in Korea: Hire a Korean Divorce Lawyer?
http://www.thekoreanlawblog.com/2010/12/getting-divorce-in-korea.html
Getting a Divorce in Korea: Hire a Korean Divorce Lawyer? The following Korean divorce information is provided by the Seoul Global Center. Non-Koreans are capable of obtaining a divorce in Korea even if no party to the divorce is a Korean national. The following is a clip of the advice noted by the Seoul Global Center on the Seoul Global Center. Has not edited any of the content, thus, errors have not been corrected. I may be contacted via the email below or via phone. Annulments Possible in Korea? Korea...
