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News & Analysis

DTR Automotive Corporation’s Purchase of Stake in Doosan Machine Tools from MBK Partners

12 June 2022 by Kim & Chang - South Korea

In this transaction, MBK Partners successfully exited from its investment in Doosan Machine Tools, while DTR Automotive Corporation was able to diversify its business via its acquisition of the company.

News & Analysis

The New Administration’s Policy Outlook for Healthcare/Life Sciences

10 May 2022 by Lee & Ko - South Korea

With the inauguration of Yoon Seok-yeol as the 20th president of Korea scheduled to take place on May 10, 2022, the Presidential Transition Committee (the Committee) announced 110 national initiatives for the new administration (the Initiatives) on May 3, 2022.

News & Analysis

New PIPC Manual on Personal Data Processing Consent and Guideline for Privacy Policies

09 May 2022 by Jipyong - South Korea

On March 3, 2022, a new “Easy-to-Understand Manual on Consent for Personal Data Processing” (the “Manual”) and “Guideline for Writing Privacy Policies” (the “Guideline”) were published by the Personal Information Protection Committee of Korea (the “PIPC”).

News & Analysis

New President-Elect’s Labor Policy Outlook

21 March 2022 by Lee & Ko - South Korea

We summarized some of the key policy proposals of the president-elect in regards to the employment and labor laws of Korea.

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

Court Ruling as to the Issue of Internal Control in the Korean Financial Sector

24 September 2021 by Soonghee Lee, Jeongsu Park

In Korea, investors and selling financial companies are in a difficult situation due to the postponement of redemptions of private equity funds from the second half of 2019.

News & Analysis

Outstanding law firm for Client Service Excellence: Q&A with Mr. Jinsu Jeong - Managing partner at Yoon & Yang, South Korea

29 April 2021 by Jinsu Jeong

Yoon & Yang shares the firm's success at delivering client service excellence with asialaw

News & Analysis

Highlights of the FY2023 Tax Law Amendment Proposals

29 August 2023 by Lee & Ko - South Korea

The Korean Ministry of Economy and Finance (MOEF) confirmed and announced the FY2023 tax law amendment proposals on July 27, 2023 (Proposals).

News & Analysis

The Future of the Food Industry: Food Tech

27 July 2023 by Lee & Ko

With significant development in dietary supplements and alternative food industry in recent years, Korean government announced alternative food (e.g., plant-based meet, cultured meat, insect based meat, etc.), dietary supplement and medical food (i.e., specially formulated food for patients with certain symptoms or nutritional needs) as industry sectors for future development.

News & Analysis

Strengthening Regulation of Unfair Trading through Amendment of FISCMA

24 July 2023 by Lee & Ko - South Korea

A proposal for partial amendment (Amendment) to the Financial Investment Services and Capital Markets Act (FISCMA) for the purpose of strengthening the regulation of unfair trading passed the plenary session of the National Assembly of Korea on June 30, 2023 and was promulgated on July 18, 2023.