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News & Analysis
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Deal-Making at Its Finest: The August 2023 Deal of the Month

16 August 2023 by asialaw

Deals can be a minefield of legal challenges and risks. August 2023's Deal of the Month was no exception. This article delves into the legal challenges that had to be navigated to make it a success.

News & Analysis

Delivery Platform Workers win Employee Status

08 August 2023 by LC Lawyers - Rossana Chu (Managing partner), Jacky Chan (Associate)

The Labour Tribunal recently ruled in favor of 6 workers (“Couriers”) who worked for a food and parcel delivery platform company (“Company”).

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.

News & Analysis
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Legal Excellence: Meet the Lawyer of the Month for July 2023

20 July 2023 by asialaw

July 2023's Lawyer of the Month is a legal expert who has demonstrated exceptional excellence in their field. This article takes a closer look at their achievements and what sets them apart.

News & Analysis
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Deal-Making at Its Finest: The July 2023 Deal of the Month

20 July 2023 by asialaw

Deals can be a minefield of legal challenges and risks. July 2023's Deal of the Month was no exception. This article delves into the legal challenges that had to be navigated to make it a success.

News & Analysis

HKD-RMB Dual Counter Model in Hong Kong’s stock market

17 July 2023 by LC Lawyers - Rossana Chu, Managing Partner

The Hong Kong Dollar (HKD)-Renminbi (RMB) Dual Counter Model was launched in the Hong Kong stock market on 19 June 2023. The first batch covers 24 companies which already have their shares listed on the Main Board of the Hong Kong Stock Exchange and traded in HKD.

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

Enactment of the Special Act on the Promotion of Dispersed Energy & Amendment to Electric Utility Act

05 July 2023 by Lee & Ko - South Korea

The Special Act on the Promotion of Dispersed Energy (the Dispersed Energy Act) was recently enacted as of June 13, 2023 and, on the same date, the amendment to the Electric Utility Act (also known as the Electricity Business Act) (the Amendment) was also promulgated, both of which will come into force as of June 14, 2024.

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.