News & Analysis as of

South Korea

Top Ten International Anti-Corruption Developments for March 2018

by Morrison & Foerster LLP on

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments from the past month, with links to primary...more

Currents - Energy Industry Insights - April 2018

Bobby D. Fentress, et al, vs. Exxon Mobil Corporation, et al - "This is an Employee Retirement Income Security Act case alleging a breach of fiduciary duties in the management of a defined contribution plan. Defendants'...more

United States Exempts South Korea From Section 232 Steel Tariffs In Exchange For A Quota?

by Husch Blackwell LLP on

The Office of the U.S. Trade Representative (USTR) announced that it had reached an agreement with South Korea to provide the country with a long term exemption from the 25 percent tariff on steel products imposed by the...more

South Korea Steps Up Oversight of Cryptocurrency Exchanges

In January 2018, the Korea Financial Intelligence Unit (“KoFIU”) and the Financial Supervisory Service (“FSS”) conducted a joint inspection of six Korean banks that provide trading accounts for cryptocurrency exchanges. The...more

US and South Korea Reach Trade Deal

by Cozen O'Connor on

On March 28, 2018 the White House formally announced that a trade deal with South Korea had been reached. President Trump is claiming a major victory with this one-on-one deal, the first of its kind since he took office, as...more

The President Giveth and The President Taketh Away: Exemptions and Exclusions to the Trump Steel Tariff

by Seyfarth Shaw LLP on

Country-Specific “Exemptions” - Last week Seyfarth Shaw published an alert concerning the 25% global tariff on imported steel articles, which commenced at midnight on March 23, 2018, and which would have applied to the...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The US and South Korea have announced a deal to renegotiate their trade pact, with “South agreeing to reduce its steel exports and open its market to American cares” in exchange for an exemption from the White House’s steel...more

Blockchain Week in Review - February 2018

by Perkins Coie on

Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

An Introductory Guide to Arbitration in Asia - March 2018

by Morgan Lewis on

Commercial parties, when entering into a contractual relationship, will have to address three key issues when negotiating the dispute resolution (or jurisdiction) clause. First, whether to resolve those disputes by...more

Top Ten International Anti-Corruption Developments for February 2018

by Morrison & Foerster LLP on

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments from the past month, with links to primary...more

K-REACH Amendments Expected to Be Promulgated Shortly and Be Enforced January 2019

by Bergeson & Campbell, P.C. on

The South Korean Ministry of Environment (MOE) announced on March 14, 2018, that amendments to the Act for the Registration and Evaluation of Chemicals (K-REACH) will be promulgated on March 20, 2018, and be enforced...more

South Korea Launches WTO Dispute Against the U.S. Challenging Multiple Provisions of U.S. Law and Commerce Department Proceedings

by Kelley Drye & Warren LLP on

Last week, South Korea requested consultations with the United States at the WTO, launching a significant dispute that challenges both individual investigations and administrative reviews conducted by the Commerce Department,...more

South Korea Takes Fukushima Seafood Ban to WTO Appellate Body

by Kelley Drye & Warren LLP on

South Korea announced on Friday that it will appeal to the WTO Appellate Body a panel ruling in favor of Japan’s challenge to South Korea’s ban on imports of Japanese seafood products after the Fukushima nuclear incident,...more

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

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