News & Analysis as of

South Korea

Legal Trends and Challenges in Asia

by Epiq on

For many legal practitioners, Asia remains a legal challenge, “whether it’s the different data sources, the lack of familiarity with case law or an understanding of the legal landscape in different countries, from Hong Kong...more

DJI Software Now Includes Temporary No-Fly Zone for Olympics

Drone manufacturer, DJI, has updated its software in its drones to include a temporary no-fly zone around the Olympic Games in Pyeongchang, South Korea (and other South Korean cities). The parameters of the no-fly zone are...more

World-Record Drone Show at Olympic Ceremony

As with any Olympics Opening Ceremony, the pageantry is of global scale, but this year, in Pyeongchang, South Korea, Intel took it to a whole new level–a record-setting 1,218 drones hit the skies for a mechanical phenomenon....more

Trade & Manufacturing - February 2018

by King & Spalding on

Trump Administration Imposes Tariffs On Imported Large Residential Washing Machines And Imported Solar Cells And Modules - On January 22, 2018, the Office of the United States Trade Representative (USTR) announced that...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Markets proved that last Friday’s 600-point Dow drop wasn’t an isolated incident, as all major US indices were down nearly 4% (at least) in a nasty Monday of trading....more

United States And South Korea Meet To Discuss KORUS

by King & Spalding on

On January 5, 2018, representatives from the United States and South Korea met in Washington, DC to begin negotiations regarding possible changes to the U.S.-Korea Free Trade Agreement (KORUS). After the day-long discussions,...more

Blockchain Week in Review – January 2018

by Perkins Coie on

U.S. Developments - Regulatory Updates - CFTC and SEC Enforcement Directors Issue Joint Statement Regarding Virtual Currency Enforcement Actions - This morning, the Enforcement Director of the U.S. Commodity...more

Trump Announces New Tariffs Aimed at China and South Korea

by Cozen O'Connor on

On January 22, 2018, President Trump announced new tariffs on imports of solar panels and washing machines. The companies that will be most affected are from just two countries – China and South Korea....more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The Times explores the $27 billion in fixed-income-trading income that has seeped out of Wall Street over the past 5 years thanks to “a combination of tough regulations, new technologies, calm markets and changing customer...more

Gas Market Reform in Asia: an Update on the Implementation of Third Party Access to LNG Import Terminals

by King & Spalding on

The rise of natural gas and LNG in Asia continues apace, fuelled by a convergence of plentiful global LNG supply, growing demand, moves towards cleaner fuel supply and competitive natural gas pricing. A key part of the...more

Study Concludes Samsung Bioepis’ Adalimumab Biosimilar Equivalent to Humira®

by Goodwin on

We previously posted that in August 2017, Samsung Bioepis’ adalimumab biosimilar, SB5 (also known as Imraldi®), was granted marketing authorization by the European Commission. In September, it also won approval from the South...more

South Korean Cryptocurrency Exchange Hacked (Again)

As part of our Year in Preview series, we’ve recently covered both international cyberwar and the rise of cryptocurrency. Just before the holidays, both of these topics collided in a decidedly unpleasant manner. On...more

Jones Day Global Merger Control Update

by Jones Day on

This is the latest Jones Day Global Merger Control Update, which discusses recent developments in current merger regimes, as well as the emergence of new merger control regimes worldwide. Over the past few years, merger...more

The President’s Trip To Asia

by King & Spalding on

The President’s first trip to Asia provided additional insight into his priorities for the region. The 12-day trip, which began on November 5, included visits to five countries – Japan, South Korea, China, Vietnam, and the...more

A First Step from South Korea Towards an Adequacy Finding with EU Commission

by McGuireWoods LLP on

In early 2017, the EU Commission published a communication about “Exchanging and Protecting Personal Data in a Globalized World” in which the EU Commission prioritizes discussions on possible adequacy decision with key...more

OTA & Travel Distribution Update - Nov. 17th, 2017

by Garvey Schubert Barer on

This week’s OTA & Travel Distribution Update is below and features stories on both traditional OTAs and short-term rentals. Enjoy....more

The Impact of Ordinary Wage Determinations on an Employer's Labour Costs in Korea

by K&L Gates LLP on

Ordinary wages in Korea are made up of base salary and other compensation given to workers for the work they perform, which are given regularly, consistently and in a fixed manner. Calculation of ordinary wages in Korea is...more

Initial Coin Offerings (ICOs): The Current State of Play

The ICO boom in 2017 brings with it questions of jurisdiction and compliance, and a need for further guidance - The benefits of ICOs in raising capital, as well as in providing a marketing push for a new business model,...more

Red Notice Newsletter - October 2017

ANTICORRUPTION DEVELOPMENTS – Global Compliance Overhaul for SAP as DOJ and SEC Investigate Payments Allegedly Related to South African Government Contracts – On October 26, 2017, German software company SAP SE...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

American Express Chair and CEO Kenneth Chenault announced that he’s stepping down next year after 16 years at the helm of AmEx. He’ll be succeeded by Vice Chair Stephen Squeri....more

KORUS Special Session to Be Held in October

by Kelley Drye & Warren LLP on

A day after South Korean Trade Minister Kim Hyun-chong met with U.S. Trade Representative Robert Lighthizer, the parties have set a special second session of the Korea-U.S. Free Trade Agreement (KORUS) joint committee for...more

KORUS Withdrawal Threat Opposed by Congress, Private Sector

by Kelley Drye & Warren LLP on

Dissatisfied with the inability of high-level talks in August between U.S. Trade Representative Robert Lighthizer and South Korean Trade Minister Kim Hyung-chong to set a clear path forward on renegotiating the 2011...more

Trade & Manufacturing - News of Note - September 2017

by King & Spalding on

USTR Initiates 2017 Annual Review Of Generalized System Of Preferences Product And Country Practices – On August 11, 2017, the United States Trade Representative (USTR) published a Federal Register notice (the Notice)...more

Trade & Manufacturing Alert - September 2017

by King & Spalding on

Trump Administration Commences China Section 301 Investigation - On August 14, 2017, President Trump issued a Presidential Memorandum instructing United States Trade Representative (USTR) Robert Lighthizer to determine...more

Japan and South Korea in the Pipeline for Adequacy Decision

by McGuireWoods LLP on

In early 2017, the EU Commission published a communication about “Exchanging and Protecting Personal Data in a Globalized World” in which the EU Commission prioritizes discussions on possible adequacy decision with key...more

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