News & Analysis as of

South Korea

Ogletree, Deakins, Nash, Smoak & Stewart,...

Cross-Border Catch-Up: Performance-Based Terminations of Employment in South Korea

Are performance-based terminations of employment possible in South Korea? The answer may lie in a recent Supreme Court of Korea case in which the employer obtained a favorable decision regarding the legitimacy of dismissing...more

Arnall Golden Gregory LLP

AGG Talks: Cross-Border Business Podcast - Episode 19: The Rise of Korean Investment in the Southeast U.S.

In this episode, Mike Burke, AGG Corporate partner and co-chair of the firm’s International practice, is joined by AGG International Arbitration partner Lance Lee to discuss Korea’s booming investment in the southeastern...more

Latham & Watkins LLP

Ruling Requires South Korean Government to Review Climate Targets

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South Korea’s Constitutional Court has issued a “first of its kind” decision in Asia, requiring South Korea to update its greenhouse gas reduction targets. On 29 August 2024, South Korea’s Constitutional Court (the Court)...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - August 2024 Updates

The Senate has yet to take action on the 21st Century Act (FIT21) (H.R.4763) which passed the House by a comfortable margin of 279-136 on May 22, 2024. FIT21 is a proposed landmark piece of legislation that would enact a...more

White & Case LLP

Asia Pacific antitrust update – July 2024

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As we move into the second half of 2024, the competition law landscape across the Asia-Pacific region continues to shift towards tighter regulation and increased enforcement. Faced with the intricate challenges of modern...more

Wiley Rein LLP

Former Government Employee Sue Mi Terry Arrested and Indicted for Violating Foreign Agents Registration Act

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Former government employee Sue Mi Terry has been arrested and indicted in New York for acting as an unregistered foreign agent of South Korea. Damian Williams, U.S. Attorney for the Southern District of New York, released the...more

White & Case LLP

AI Watch: Global regulatory tracker - South Korea

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South Korea's AI Act to act as a consolidated body of law governing AI once approved by the National Assembly. Laws/Regulations directly regulating AI (the “AI Regulations”) While there are no specific laws, statutory...more

Estlund Law, P.A.

Brazil, South Korea and Mexico: How INTERPOL is involved in the Rise of Cryptocurrency (Post 2 of 2)

Estlund Law, P.A. on

Our last post discussed the long-delayed emergence of cryptocurrency in cases wherein countries request INTERPOL’s assistance. Today’s post will discuss the specific instances of cryptocurrency cases....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Trending in East Asia: Digital Nomad Visas

The use of digital nomad visas is a new trend gaining momentum in East Asia. These visas give individuals the legal right to work remotely while residing away from their countries of permanent residence. ...more

Estlund Law, P.A.

China, South Korea, And The U.S.: How INTERPOL Is Involved In The Rise Of Cryptocurrency

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Today’s post will address the realities and implications of INTERPOL’s dealings with criminal cases involving cryptocurrency....more

Ius Laboris

Aftermath of the Election in South Korea

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After securing 192 seats in the national legislative election held on 10 April, the opposition coalition led by the Democratic Party will retain its majority in the 22nd National Assembly....more

Ius Laboris

New data protection rules in South Korea

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On 15 March 2024, an amended Enforcement Decree for South Korea’s Personal Information Protection Act came into effect. ...more

White & Case LLP

Information regarding the antidumping and countervailing duty petitions on Epoxy Resin from China, India, South Korea, Taiwan, and...

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The Petition - On April 3, 2024, the US Epoxy Resin Producers Ad Hoc Coalition ("Petitioners") filed antidumping duty ("ADD") and countervailing duty ("CVD") petitions on imports of epoxy resin from China, India, South...more

Husch Blackwell LLP

Petition Summary: Certain Epoxy Resins from China, India, South Korea, Taiwan, and Thailand

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On April 2, 2024, U.S. Epoxy Resin Producers Ad Hoc Coalition (hereinafter the “Coalition,” or “Petitioner”), filed a petition for the imposition of antidumping and countervailing duties on U.S. imports of certain epoxy...more

Fisher Phillips

More Countries Join the Digital Nomad Visa Club: A 4-Step Employer’s Guide to International Remote Work Requests

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Digital nomad programs are increasingly popular visa schemes that your company may want to explore as a perk for employees. These programs give employees the opportunity to legally live and work remotely in a country for a...more

Bergeson & Campbell, P.C.

Library of Congress Publishes Article on South Korea’s Act on Promoting the Green Bio Industry

On February 7, 2024, the Library of Congress posted an article entitled “South Korea: Act to Promote Green Bio Industry Published.” According to the article, South Korea published the Act on Promoting the Green Bio Industry...more

White & Case LLP

Asia Pacific antitrust update

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As we move into 2024, legislative reform is on the minds of competition regulators in the region as they turn to competition policy to address perceived challenges in market structures and limit the extent to which businesses...more

Ius Laboris

Recent developments on childcare leave in South Korea

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Recent regulatory changes and a Korean Supreme Court decision have made childcare leave and flexible working hours more attractive and more available to employees with young children....more

ArentFox Schiff

ITC Votes Negative on Tin Mill Imports from Canada, China, Germany, and South Korea

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On February 6, 2024, the US International Trade Commission (ITC) found that tin mill products imported from Canada, China, and Germany do not materially injure the US industry. In a unanimous decision, the ITC issued a...more

Littler

South Korea Proposes Mandatory Human Rights Due Diligence Obligations on Employers

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On September 1, 2023, lawmakers in South Korea proposed a bill entitled the “Act on Human Rights and Environmental Protection for Sustainable Business Management” (the “Bill”) to the National Assembly. This Bill aims to...more

World Law Group

Doing Business in South Korea

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In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more

Ius Laboris

Korean employees justified in covering security cameras

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The Korean Supreme Court has held that employees were justified in covering security cameras that had been installed without proper consultation....more

A&O Shearman

Emerging Asia powering ahead with decarbonisation agenda

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Asia is at the forefront of the global challenge to balance economic development, climate adaptation and mitigation, and energy security. The region is diverse, dynamic and pragmatic, facing both the risks and opportunities...more

Ius Laboris

ESG update: South Korea

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In this article we look at this year’s ESG trends from a South Korean perspective. What impact can we expect from international reporting measures? And what local measures are being considered?...more

BakerHostetler

DSIR Deeper Dive: Absent Legislation, Privacy Regulators Offer Guidance on AI

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By now, many of us are using AI, advising others about how to use AI, and waiting for some legislative miracle to give us some guardrails for what we can or cannot be doing with AI. A lot of effort has been put into tracking...more

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