Effective and transparent corporate governance has become popular in many countries due to recent scandals in many parts of the world.  In the US, WorldCom, Tyco and Enron come to mind. In fact, due to such scandals, the Sarbanes-Oxley Act (SOX) was introduced in the United States in 2002. (more…)

As 2016 winds down, companies need to take a step back and reflect on the major events that have shaped 2016 and will potentially affect their companies for years to come.   (more…)

On December 23, 2016, the Fair Distributorship Transactions Act will take effect. The Fair Distributorship Transactions Act ( “FDTA”  or “Act”) is Korea’s new law governing unfair trade practices in distributorship transactions. (more…)

Looking back at 2016, it is apparent that the data privacy legislation in Asia has been very active. Though some jurisdictions elsewhere in the world have not yet grappled with data privacy issues, many jurisdictions in Asia have or are in the process of doing so. Amongst the more active jurisdictions in Asia from a data privacy perspective are Korea, Hong Kong, Malaysia, Japan, Singapore and India.  China and Thailand are not that active yet. (more…)

Personnel risks faced by companies are growing on a regular basis.   Mistakes made in the workplace or risks stemming from the workplace can damage the company’s reputation/brand and cost the company a lot of money. As many companies face an increasing number of employment and/or personnel related claims, clear personnel processes are vital. (more…)

I recently attended an ABA meeting regarding antitrust issues in Seoul, Korea.  A number of US lawyers and regulators were present to discuss the ABA's position on antitrust as well as to emphasize the fact that  from a regulator's standpoint, there was no place to hide from antitrust regulations, especially those regarding cartel issues, IP issues and even aftermarket concerns.  (more…)