Doing business in South Korea: overview by Chi-Hyoung Cho, Chan Sik Ahn and Sang Jun Kim, HMP Law A Q&A guide to doing business in South Korea. This Q&A gives an overview of key recent developments affecting doing business in South Korea as well as an introduction to the legal system; foreign investment, including… Continue reading [PRACTICAL LAW] Doing business in South Korea: overview
South Korea was brimming with billiondollar mergers and acquisitions in 2019, mainly propelled by large business groups in search of new growth opportunities, along with the divestment of their noncore business units. Throughout 2019, Korean entities announced a record-high volume of M&A transactions worth a combined 37.7 trillion won ($32.6 billion), according to Maeil Business… Continue reading [The Korea Herald] M&As to keep Korean industries going in 2020
지난 2017년 말부터 2018년 초까지 암호화폐 열풍이 몰아쳤던 때를 다들 기억하고 있을 것이다. 당시 비트코인 시세 급등으로 막대한 부(富)를 이뤘다는 사람들이 출현하자, 국민 대다수는 암호화폐 거래에 열광적인 관심을 보였다가 이후 진행된 가격 폭락에 관심도 급감했던 것으로 기억된다. 논란의 여지는 있지만, 시세 폭등·폭락의 격변기를 지난 현재의 암호화폐 거래시장은 점차 새로운 투자수단으로 자리를 잡아가고 있는 모양새다. 암호화폐… Continue reading [연합인포맥스] [리걸인사이트] 사라진 암호화폐, 누가 책임져야 하나
우리 법인의 안찬식 변호사는 지난 9월 13 싱가폴 썬텍 컨벤션센터에서 호류(Horyou) 주최로 개최된 SIGEF (Social Innovation and Global Ethics Forum) 2018 컨퍼런스에 패널리스트로 참석하였다. 안찬식 변호사는 싱가폴 방송 진행자인 Teymoor Nabili의 사회로 Yonathan Parienti Horyou 설립자 겸 CEO, Kenneth Bok 블록체인 싱크탱크 blocks 이사, Kazuhiro Hisata 일본 SFC 설립자, Karen New ICO bazaar 고문과 “사회적… Continue reading 안찬식 변호사, 싱가폴 SIGEF 2018 컨퍼런스 패널 토론 참석
By Kim Dong-uk Diesel-fueled BMW cars have been catching fire repeatedly in Korea this summer, and some car owners have filed damages claims against the German manufacturer and its Korean agents. A product recall is being carried out because the problem is not just isolated instances of damage caused by accidental and short-term defects, but… Continue reading [THE KOREA TIMES_김동욱 변호사] Issue of punitive damages over BMW fiasco
By Song Sim-geun Last week I downloaded a healthcare app to my cell phone so I could check the status of my health. I launched the app and became frustrated. This particular app required permission to access a wide range of functions and personal data that seem irrelevant to the app's use. I was asked… Continue reading [THE KOREA TIMES_송심근 변호사] Can phone app developers insist on access to all your personal data?
By Eom Yoon-ryung Between February and May this year, Korean investigators conducted search and seizures at some of the leading cryptocurrency exchanges on suspicion of various charges. Recently the scope of the investigations has expanded to include companies that have held initial coin offerings (ICOs). Unlike general regulatory procedures, in criminal procedure, investigative agencies… Continue reading [THE KOREA TIMES_엄윤령 변호사] Penalties for cryptocurrency crimes
By Ahn Chan-sik Officially, it is Korean government policy that all initial coin offerings (ICOs) are prohibited. However, as a lawyer, I believe Korea lacks legal grounds to make illegal all kinds of ICOs, especially in the case of utility token ICOs, because there is as yet no particular law to regulate and prohibit them… Continue reading [THE KOREA TIMES_안찬식 변호사] Are overseas initial coin offerings beyond Korean law?
By Shon Ga-ram The European Union's General Data Protection Regulation (GDPR) came into effect on May 25, 2018. The purpose of this law is to regulate the storage, processing and transfer of the personal data of individuals living in the EU, but it also affects companies outside the EU who have anything to do… Continue reading [THE KOREA TIMES_손가람 변호사] Many differences between Korean, EU data protection laws