What is D & O Insurance? Liability protection for your directors and chief executive. Korea is unique in the world with regards to the extent to which directors on a company board and chief executive officers can be held personally liable for a wide range of corporate liabilities. Considering this situation, if you don’t already […]

Recently, Korean media reported that the Prosecutor’s Office in Korea is investigating a claim that McDonald’s Korea may have violated food safety rules based on the allegation by a family that their daughter contracted hemolytic-uremic syndrome (“hamburger disease") after consuming a hamburger at a McDonald's outlet in Pyeongtaek, Korea.  This was the second claim during the same day […]

Korean media has recently reported that the Prosecutor's Office in Korea is investigating a claim that  McDonald's Korea may have violated  food safety rules based on the allegation by a family that their daughter contracted  hemolytic-uremic syndrome ( "hamburger disease") after consuming a hamburger at a McDonald's outlet in Pyeongtaek, Korea. Though McDonald's has denied […]

President Moon Jae-in and his administration (the “Moon Administration”) have pledged to roll out changes to competition regulations as well as reinforce the fair trade regulatory framework in order to achieve his goal of “economic democratization”. Changes include: (i) strengthened enforcement measures that will include a stepping up of criminal enforcement, an expansion of the […]

In Korea, it is vital that you take proactive steps to protect your trade secrets, especially when dealing wiht employees or former employees.  A properly drafted confidentiality agreement which contains a restrictive covenant can be an effective tool for preventing trade secret disclosure. But what is meant by the term "restrictive covenant?"

The recent global cyber-attack emphasizes the growing risk of cyber-attacks around the world and the issues facing the risk and legal community. Not only do cyber-attacks threaten businesses and organizations on a daily basis but the addition of ransomware to the mix underlies the threats facing organizations, businesses and governments on a worldwide basis.