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News & Analysis

Investing in Korea: Issues to Note in Opening Bank Accounts

14 February 2022 by Jipyong - South Korea

Press Release by Jipyong - South Korea

News & Analysis

Latest Developments on the Hydrogen Act: Introduction of the Hydrogen Power Generation Bidding Market

13 July 2023 by Jipyong - South Korea

Hydrogen power, among other new and renewable energy sources, is garnering attention as one of the carbon-free power generation sources in Korea.

News & Analysis

Can Liquidated Damages and Penalty Clauses Survive under Korean Law?

03 July 2023 by Jipyong - South Korea

Foreign contractors and subcontractors doing business with Korean companies are often puzzled by how Korean courts deal with liquidated damages and penalty clauses in contracts.

News & Analysis

Analysis of the First Applications of the Serious Accidents Punishment Act

21 June 2023 by Jipyong - South Korea

The Serious Accidents Punishment Act (“SAPA”) is a relatively new legislation that came into force on January 27, 2022.

News & Analysis

Enforcement of Arbitral Awards in Korea and Interplay with the Korean Fair Trade Act

25 April 2023 by Jipyong - South Korea

A recent decision by the German Federal Court of Justice has spurred interest in the international arbitration community regarding the interplay between a country’s antitrust laws and enforcement of foreign arbitral awards.

News & Analysis

Facilitating Access to Korean Capital Markets: Lifting the Foreign Investor Registration Policy and Mandating English Disclosures

06 March 2023 by Jipyong - South Korea

On January 25, 2023, the Financial Services Commission (the “FSC”) announced its proposed measures to ease foreign investors’ access to Korean capital markets (the “Proposed Measures”).

News & Analysis

Amendment to the Safe Harbor Standards Under the Guidelines for Examination of Unlawful Support

06 February 2023 by Jipyong - South Korea

Effective from December 9, 2022, the amended Guidelines for Examination of Unlawful Support (the “Guidelines”) expands the scope and modifies the standards of the existing safe harbor.

News & Analysis

JIPYONG’s 2022 Year in Review

03 January 2023 by Jipyong - South Korea

As the year draws to a close, JIPYONG’s various practice groups look back at their achievements for the year 2022 and offer their insights for the coming year.

News & Analysis

Is Your Acquisition in Korea Subject to a Business Combination Filing to the KFTC?

05 December 2022 by Jipyong - South Korea

In acquiring shares in a Korean entity, foreign investors often neglect to take into consideration that their transactions might be subject to the filing of a report with the Korea Fair Trade Commission (the “KFTC”), especially when the contemplated transaction is not a 100% acquisition.

News & Analysis

Korea Includes Nuclear Power in the Revised K-Taxonomy

07 November 2022 by Jipyong - South Korea

With the looming energy crisis in Europe reviving nuclear power plants globally , new light has been shed on the role of nuclear power in pursuit of achieving carbon neutrality by 2050.