- 4th Floor, Chenglim Building 19, Samseongro 96-gil, Gangnam-gu Seoul, Republic of Korea
- info@trinitylegal.co.kr
- +82 2-584-7007
- 4th Floor, Chenglim Building 19, Samseongro 96-gil, Gangnam-gu Seoul, Republic of Korea
- info@trinitylegal.co.kr
- +82 2-584-7007
Practice Area 1
Corporate Client Group
The Corporate Client Group focuses on corporate clients ranging from publicly listed companies to start-ups in a wide spectrum of transactional and dispute matters.
Transactions and Deal Advisory Services
Our multi-disciplinary team of attorneys, certified public accountants, and tax and regulatory advisors have “big firm” experiences at Korea’s most prestigious law firms, in-house counsel experiences at Korea’s top corporations, and have served as high-level governmental and regulatory officials at key regulatory bodies. Our experiences and seamless internal collaboration allow us to provide creative and effective solutions to very complex issues to our clients’ legal challenges unmatched by other boutique firms in Korea.
We stay up to date on current trends and developments within the legal services industry to provide high quality legal services, and continuously research legal jurisprudence and changes to laws and regulations to advise on the most recent legal developments. We also proactively communicate with our clients and stay informed of rapidly changing industry and market environments to advise with understanding of client’s business circumstances. As a result of our efforts, we are able evaluate legal risks that are most relevant to our clients, and effectively close transactions focusing on the mission critical commercial objectives.
We offer transactional advisory services in the following practice areas:
The Corporate Client Group focuses on corporate clients ranging from publicly listed companies to start-ups in a wide spectrum of transactional and dispute matters.
Transactions and Deal Advisory Services
Our multi-disciplinary team of attorneys, certified public accountants, and tax and regulatory advisors have “big firm” experiences at Korea’s most prestigious law firms, in-house counsel experiences at Korea’s top corporations, and have served as high-level governmental and regulatory officials at key regulatory bodies. Our experiences and seamless internal collaboration allow us to provide creative and effective solutions to very complex issues to our clients’ legal challenges unmatched by other boutique firms in Korea.
We stay up to date on current trends and developments within the legal services industry to provide high quality legal services, and continuously research legal jurisprudence and changes to laws and regulations to advise on the most recent legal developments. We also proactively communicate with our clients and stay informed of rapidly changing industry and market environments to advise with understanding of client’s business circumstances. As a result of our efforts, we are able evaluate legal risks that are most relevant to our clients, and effectively close transactions focusing on the mission critical commercial objectives.
We offer transactional advisory services
Corporate and Commercial Litigation
We are also highly specialized in representing domestic and foreign clients in disputes and can manage all aspect of litigation in Korea by working directly with clients, or collaborating with international firms or local firms from other jurisdictions.
Our litigation attorneys have more than 20 years of prior legal experience as working at Korea’s top law firms, and our associates have degrees from Korea’s top universities and law schools who have diverse former prior work experiences. The expertise and experience of our partners blended with the vibrant energy and enthusiasm of our associates results in our holistic and effective representation. Additionally, our attorneys who have LLM or JD degrees from top US law schools have the understanding of comparative law issues and jurisdictional differences, which allow us to advise clients of litigation strategies more effectively. Our ability to communicate meaningfully with our results in settlements and clients judgements satisfactory to our clients.
Our litigation practice areas are, as follows:
- Commercial disputes.
- Financial and investment disputes.
- Antitrust investigation and litigation.
- M&A litigation.
- Shareholder derivative suits.
- IP infringement, and technology disputes.
- Insolvency and Bankruptcy Litigation.
- White-collar crimes.
- Construction disputes.
- Labor disputes.
- Insurance litigation.
- Tax litigation.
Corporate and Commercial Litigation
We are also highly specialized in representing domestic and foreign clients in disputes and can manage all aspect of litigation in Korea by working directly with clients, or collaborating with international firms or local firms from other jurisdictions.
Our litigation attorneys have more than 20 years of prior legal experience as working at Korea’s top law firms, and our associates have degrees from Korea’s top universities and law schools who have diverse former prior work experiences. The expertise and experience of our partners blended with the vibrant energy and enthusiasm of our associates results in our holistic and effective representation. Additionally, our attorneys who have LLM or JD degrees from top US law schools have the understanding of comparative law issues and jurisdictional differences, which allow us to advise clients of litigation strategies more effectivelyOur ability to communicate meaningfully with our clients results in settlements and judgements satisfactory to our clients.
Our litigation practice areas are, as follows:
- Commercial disputes.
- Financial and investment disputes.
- Antitrust investigation and litigation.
- M&A litigation.
- Shareholder derivative suits.
- IP infringement, and technology disputes.
- Insolvency and Bankruptcy Litigation.
- White-collar crimes.
- Construction disputes.
- Labor disputes.
- Insurance litigation.
- Tax litigation.
CORPORATE LAW & CAPITAL MARKETS
M&A and Joint Ventures
We advise public and private companies in middle market M&A transactions (including share purchases, asset purchases, and business transfers), and have substantial experience establishing joint ventures with varying degrees of complexities in wide range of different industries. Our accumulated experiences and multi-disciplinary expertise results in seamless internal collaboration allow us to provide sophistication and expertise in advising clients on highly complex cross border M&A transactions, and joint ventures. We provide the same degree of care and attention to detail, and dedicate ourselves the same work quality standards which were expected from us at big firms.
We apply our sophisticated transactional skills developed through years of experiences at top law firms both in Korea and abroad, and provide craftmanship in drafting, business acumen and sophisticated judgment with focused executing middle market transactions for clients seeking a big firm alternative. Our multi-disciplinary team of lawyers collaborate provide a one stop solution on core practice areas necessary to review and close M&A transactions. We offer cost efficient legal services by simplifying complex legal issues and deliver creative and practical solutions to on critical legal, regulatory, and commercial issues that invariably arise during M&A transactions.
We advise clients on the best possible deal structuring options carefully considering the clients’ transactional purpose and business objectives through improved client communication and better understanding of deal dynamics. Due to our internal cohesion and flexibility, we can provide more personal attention prepare more meticulously drafted contracts, and effectively negotiate mission critical deal issues that could not be expected from firms managing multiple M&A transactions at the same time. We also understand that time is money and dedicate ourselves to timely close transactions according to scheduled transaction milestones. Needless to say, we are always mindful of client objectives and fluidly negotiate adapting to commercial realities and deal dynamics applying our uncanny ability to persuade any party towards a practical and reasonable agreement.
Our services include the following:
- Advising on M&A transaction planning and corporate restructuring including advising on legal separation via spinoff, split-off, and carve-out transactionsto maximize valuation opportunities or create needed liquidity.
- Advising on the hostile takeover defenses and representing clients on hostile take-over attempts.
- Conducting legal due diligence review, advising on deal structures, and preparing preliminary agreements, and term sheets.
- Drafting, reviewing, and negotiating M&A transaction agreements, and assisting with closings.
- Preparing merger control notifications and obtaining merger control approval from the Korean Fair-Trade Commission (KFTC).
- Coordinating and obtaining industry specific regulatory approvals from governmental authorities such as export controls of core national technology.
- Advising on post-merger integrations and corporate reorganization issues.
- Advising on family business succession planning and strategies.
Our experiences include the following:
- Multiple representations of buyers and sellers in public and private M&A transactions across wide range industry sectors both in Korea and other jurisdictions. Our experiences include both friendly and hostile M&A transactions in chemicals, batteries, semiconductor, cosmetics, IT, games, manufacturing, biopharmaceuticals, construction, golf courses and hotels and resorts industries.
- Multiple representations of Korean clients in the establishment of joint ventures in various jurisdictions in Korea, US, Europe, People’s Republic of China and the Middle East. Our joint venture experiences include representing clients with minority JV participations, joint control JVs and controlling JV partnership interests. We have represented clients in joint ventures such as specialty chemicals, secondary batteries, and other core industries.
- Representation of technology service providers in the establishment of a strategic alliance with a payment gateway company in Korea.
- Multiple representations in corporate reorganizations, such as spin-offs of business divisions, split offs, and corporate mergers.
- Representation of various foreign clients in the establishment and registration of various foreign investment companies.
- Multiple representations of publicly listed companies and private companies on bankruptcy and rehabilitation proceedings, corporate reorganizations, and private workouts.
CORPORATE LAW & CAPITAL MARKETS
M&A and Joint Ventures
We advise public and private companies in middle market M&A transactions (including share purchases, asset purchases, and business transfers), and have substantial experience establishing joint ventures with varying degrees of complexities in wide range of different industries.
Our accumulated experiences and multi-disciplinary expertise results in seamless internal collaboration allow us to provide sophistication and expertise in advising clients on highly complex cross border M&A transactions, and joint ventures. We provide the same degree of care and attention to detail, and dedicate ourselves the same work quality standards which were expected from us at big firms.
We apply our sophisticated transactional skills developed through years of experiences at top law firms both in Korea and abroad, and provide craftmanship in drafting, business acumen and sophisticated judgment with focused executing middle market transactions for clients seeking a big firm alternative. Our multi-disciplinary team of lawyers collaborate provide a one stop solution on core practice areas necessary to review and close M&A transactions. We offer cost efficient legal services by simplifying complex legal issues and deliver creative and practical solutions to on critical legal, regulatory, and commercial issues that invariably arise during M&A transactions.
We advise clients on the best possible deal structuring options carefully considering the clients’ transactional purpose and business objectives through improved client communication and better understanding of deal dynamics. Due to our internal cohesion and flexibility, we can provide more personal attention prepare more meticulously drafted contracts, and effectively negotiate mission critical deal issues that could not be expected from firms managing multiple M&A transactions at the same time. We also understand that time is money and dedicate ourselves to timely close transactions according to scheduled transaction milestones. Needless to say, we are always mindful of client objectives and fluidly negotiate adapting to commercial realities and deal dynamics applying our uncanny ability to persuade any party towards a practical and reasonable agreement.
Our services include the following:
- Advising on M&A transaction planning and corporate restructuring including advising on legal separation via spinoff, split-off, and carve-out transactions with respect to valuation and liquidity strategies.
- Advising on the hostile takeover defenses and representing clients on hostile take-over attempts.
- Conducting legal due diligence review, advising on deal structures, and preparing preliminary agreements, and term sheets.
- Drafting, reviewing, and negotiating M&A transaction agreements, and assisting with closings.
- Preparing merger control notifications and obtaining merger control approval from the Korean Fair-Trade Commission (KFTC).
- Coordinating and obtaining regulatory approvals from governmental authorities.
- Advising on post-merger integrations and corporate reorganization issues.
- Advising on family business succession planning and strategies.
- Advising on M&A transaction planning and corporate restructuring including advising on legal separation via spinoff, split-off, and carve-out transactionsto maximize valuation opportunities or create needed liquidity.
- Advising on the hostile takeover defenses and representing clients on hostile take-over attempts.
- Conducting legal due diligence review, advising on deal structures, and preparing preliminary agreements, and term sheets.
- Drafting, reviewing, and negotiating M&A transaction agreements, and assisting with closings.
- Preparing merger control notifications and obtaining merger control approval from the Korean Fair-Trade Commission (KFTC).
- Coordinating and obtaining industry specific regulatory approvals from governmental authorities such as export controls of core national technology.
- Advising on post-merger integrations and corporate reorganization issues.
- Advising on family business succession planning and strategies.
Our experiences include the following:
- Multiple representations of Korean clients in the establishment of joint ventures in various jurisdictions in Korea, US, Europe, People’s Republic of China and the Middle East. Our joint venture experiences include representing clients with minority JV participations, joint control JVs and controlling JV partnership interests. We have represented clients in joint ventures such as specialty chemicals, secondary batteries, and other core industries.
- Multiple representations of Korean clients in the establishment of joint ventures in number various jurisdictions in Korea, US, Europe, PRC and the Middle East. Our representative experiences include representing clients with minority participation, joint control and majority controlling partnership interests in joint ventures and involving development of joint venture businesses in the specialty chemicals, secondary battery, and other manufacturing industries.
- Representation of technology service providers in the establishment of a strategic alliance with a payment gateway company in Korea.
- Multiple representations in corporate reorganizations, such as spin-offs of business divisions, split offs, and corporate mergers.
- Representation of various foreign clients in the establishment and registration of various foreign investment companies.
- Multiple representations of publicly listed companies and private companies on bankruptcy and rehabilitation proceedings, corporate reorganizations, and private workouts.
Private Equity
We advise private equity sponsors, financial investors, and portfolio companies on the full private equity life cycle including, fund formation, regulatory compliance, capital deployment, fund investments as limited partners, acquisition of portfolio companies (including management buyouts and leveraged buyouts) and exit strategies. Our M&A and corporate attorneys work closely with clients to deliver value-add advisory services focusing on middle market private equity transactions. We uncompromisingly meet client’s expectations through precise legal drafting, commercially meaningful legal negotiations, greater personal attention, and timely closing of transactions.
Private Equity
We advise private equity sponsors, financial investors, and portfolio companies on the full private equity life cycle including, fund formation, regulatory compliance, capital deployment, fund investments as limited partners, acquisition of portfolio companies (including management buyouts and leveraged buyouts) and exit strategies.
Our M&A and corporate attorneys work closely with clients to deliver value-add advisory services focusing on middle market private equity transactions. We uncompromisingly meet client’s expectations through precise legal drafting, commercially meaningful legal negotiations, greater personal attention, and timely closing of transactions.
Our services include the following:
- Advising on acquisition financing.
- Advising on general corporate matters, regulatory compliance, and corporate governance issues.
- Advising on formation of private equity funds.
- Advising on fund investment transactions.
- Advising on portfolio company acquisitions.
- Advising on exit strategies.
Our services include the following:
- Advising on acquisition
- Advising on general corporate matters, regulatory compliance, and corporate governance issues.
- Advising on formation of private equity funds.
- Advising on fund investment
- Advising on portfolio company acquisitions.
- Advising on exit strategies.
Our experiences include the following:
- Minority and majority interests.
- Mergers, acquisitions, and dispositions.
- Leveraged buyouts and management buyouts.
- Spin-outs and carve-outs.
Our experience include the following:
- Minority and majority interests.
- Mergers, acquisitions and dispositions.
- Leveraged buyouts and management buyouts.
- Spin-outs and carve-outs.
Corporate Governance and Shareholder Activism
Our corporate attorneys have diverse “big firm” and in-house counsel experience diverse industries. We have substantial experience handling corporate governance issues, maximizing corporate valuation opportunities, advising clients in shareholder activism campaigns, , and have defended and assisted clients in hostile takeovers.
We can act as general outside counsel on general corporate matters, or provide advice on specific corporate governance matters such as minimizing critical corporate governance risks, and shareholder activism campaigns. Additionally, provide practical and creative corporate restructuring solutions to achieve successful outcome of corporate restructuring strategies to maximize valuation, create corporate holding structure efficiencies and obtain liquidity via carve-out, split-off and spin-off transactions.
Finally, our corporate attorneys also collaborate internally with the Private Practice Group on business succession planning including advising on optimal corporate restructuring options and ownership transfer strategies to plan the most frictionless business succession of family owned businesses to next generation successors.
Corporate Governance and Shareholder Activism
Our corporate attorneys have diverse “big firm” and in-house counsel experience diverse industries. We have substantial experience handling corporate governance issues, maximizing corporate valuation opportunities, advising clients in shareholder activism campaigns, , and have defended and assisted clients in hostile takeovers.
We can act as general outside counsel on general corporate matters, or provide advice on specific corporate governance matters such as minimizing critical corporate governance risks, and shareholder activism campaigns. Additionally, provide practical and creative corporate restructuring solutions to achieve successful outcome of corporate restructuring strategies to maximize valuation, create corporate holding structure efficiencies and obtain liquidity via carve-out, split-off and spin-off transactions.
Finally, our corporate attorneys also collaborate internally with the Private Practice Group on business succession planning including advising on optimal corporate restructuring options and ownership transfer strategies to plan the most frictionless business succession of family owned businesses to next generation successors.
Our services include the following:
- Advising on establishment of management and supervisory board structures, board composition and director fiduciary duties.
- Advising on shareholder proposals, assisting with the convocation of general shareholder meetings and advising on board and auditor nominations.
- Advising on anti-takeover defense strategies and representing clients in proxy contests and unsolicited hostile takeover attempts.
- Representing corporate fiduciaries and shareholders in derivative suit litigation, and criminal liability proceedings.
Our services include the following:
- Advising on establishment of management and supervisory board structures, board composition and director fiduciary duties.
- Advising on shareholder proposals, assisting with the convocation of general shareholder meetings and advising on board and auditor nominations.
- Advising on anti-takeover defense strategies and representing clients in proxy contests and unsolicited hostile takeover attempts.
- Representing corporate fiduciaries and shareholders in derivative suit litigation, and criminal liability proceedings.
Our experiences include the following:
- Representation of a manufacturing company in the negotiation of a hostile M&A transaction, and concurrent M&A litigation.
- Representation of a food company in a corporate control contest and advised client on corporate valuation maximization strategies via corporate restructuring transactions.
- Representation on corporate restructuring of major domestic shipbuilding companies.
- Representation of engineering company in litigation to reacquire corporate control of its company.
- Representation of several foreign investment fund clients with shareholder proposals in connection with shareholder activism campaigns against, among others, a conglomerate a home shopping retail company, design company, and power plant company.
- Representation of engineering company in M&A litigation involving the transfer of control of company.
- Representation of a KOSDAQ listed IT company in a hostile M&A takeover attempt.
- Representation in shareholder derivative suit litigation against directors and officers of KT telecommunications for damages claims arising from administrative penalties levied against the company.
- Representation in the deposition of major Korean conglomerate group’s senior management in a congressional hearing and investigation of accounting fraud.
- Representation in financial fraud case involving embezzlement and misappropriation of fund by the CEO of a major Korean conglomerate group.
Our experiences include the following:
- Representation of a manufacturing company in the negotiation of a hostile M&A transaction, and concurrent M&A litigation.
- Representation of a food company in a corporate control contest and advised client on corporate valuation maximization strategies via corporate restructuring transactions.
- Representation on corporate restructuring of major domestic shipbuilding companies.
- Representation of engineering company in litigation to reacquire corporate control of its company.
- Representation of several foreign investment fund clients with shareholder proposals in connection with shareholder activism campaigns against, among others, a conglomerate a home shopping retail company, design company, and power plant company.
- Representation of engineering company in M&A litigation involving the transfer of control of company.
- Representation of a KOSDAQ listed IT company in a hostile M&A takeover attempt.
- Representation in shareholder derivative suit litigation against directors and officers of KT telecommunications for damages claims arising from administrative penalties levied against the company.
- Representation in the deposition of major Korean conglomerate group’s senior management in a congressional hearing and investigation of accounting fraud.
- Representation in financial fraud case involving embezzlement and misappropriation of fund by the CEO of a major Korean conglomerate group.
Capital Markets and IPOs
We advise public and private company clients on corporate finance, and capital raising transactions.
From start-ups seeking seed financing or venture capital funding to public companies seeking liquidity through equity and debt offerings, our advisory services assist clients in raising capital, or creating liquidity for investors. Additionally, we advise clients with respect to listing requirements of domestic and foreign companies on the Korea Stock Exchange and KOSDAQ, including through Special Purpose Acquisition Vehicles (SPACs) and direct offerings.
Capital Markets and IPOs
We advise public and private company clients on corporate finance, and capital raising transactions. From start-ups seeking seed financing or venture capital funding to public companies seeking liquidity through equity and debt offerings, our advisory services assist clients in raising capital, or creating liquidity for investors. Additionally, we advise clients with respect to listing requirements of domestic and foreign companies on the Korea Stock Exchange and KOSDAQ, including through Special Purpose Acquisition Vehicles (SPACs) and direct offerings.
Our services include the following:
- Structuring, negotiating and documenting financing, and equity and debt offerings agreements.
- Pre-IPO due diligence review.
- Advising on listing eligibility requirements and regulatory matters.
- Assistance with preparation of listing applications.
- Reviewing securities registration statements, prospectuses, and related agreements.
- Advising and assisting with on-going disclosure requirements.
Our services include the following:
- Structuring, negotiating and documenting financing, and equity and debt offerings agreements.
- Pre-IPO due diligence review.
- Advising on listing eligibility requirements and regulatory matters.
- Assistance with preparation of listing applications.
- Reviewing securities registration statements, prospectuses, and related agreements.
- Advising and assisting with on-going disclosure requirements.
Our experiences include the following:
- Representation in numerous rights offerings.
- Representation in initial public offerings of biopharmaceutical companies, IT companies and manufacturing companies.
- Representation in overseas bond issuances by state-owned enterprises and large conglomerate corporations.
- Representation on project financing for large-scale combined heat and power plant projects and real estate development projects.
- Representation on delisting of publicly traded companies and related litigation.
- Representation of asset management companies and real estate fund investments.
- Representation on dispute resolution on for overseas investments of major domestic energy companies.
- Representation in numerous of public companies in the issuance of equity linked securities.
- Representation in numerous violations of the Financial Services and Capital Markets Act, including defense representation in criminal prosecution proceedings.
- Multiple representation in corporate, civil, criminal, and administrative litigation.
- Represented National Pension Service Corp. against KDB Capital for damages in connection with losses from investment activity.
Our experiences include the following:
- Representation in numerous rights offerings.
- Representation in initial public offerings of biopharmaceutical companies, IT companies and manufacturing companies.
- Representation in overseas bond issuances by state-owned enterprises and large conglomerate corporations.
- Representation on project financing for large-scale combined heat and power plant projects and real estate development projects.
- Representation on delisting of publicly traded companies and related litigation.
- Representation of asset management companies and real estate fund investments.
- Representation on dispute resolution on for overseas investments of major domestic energy companies.
- Representation in numerous of public companies in the issuance of equity linked securities.
- Representation in numerous violations of the Financial Services and Capital Markets Act, including defense representation in criminal prosecution proceedings.
- Multiple representation in corporate, civil, criminal, and administrative litigation.
- Represented National Pension Service Corp. against KDB Capital for damages in connection with losses from investment activity.
ANTI-TRUST & FAIR COMPETITION
Trinity Legal’s anti-trust and fair-trade attorneys provides one of our strongest capabilities. Our anti-trust attorneys have substantial “big firm” experience, and are highly specialized in advising on the most complex anti-trust and fair-trade law issues across a broad range of industries.
Our anti-trust and fair-trade law expertise is self-evident from our successful track record of representing client in response to Korean Fair-Trade Commission (“KFTC”) investigations, administrative appeals litigation and follow-on civil and criminal litigation proceedings.
Our anti-trust attorneys have been officially accredited by the Korea Bar Association as experts in anti-trust and fair law matters. We are often asked by the Ministry of Law, governmental agencies and private companies to provide lectures on emerging anti-trust law and fair competition law issues.
On transactions, our anti-trust attorneys collaborate with our transactional attorneys in M&A transactions, distribution agreements, franchise agreements, IP and trade secret related transactions, subcontracts, and other fair trade or consumer related issues on transactional matters where there are industry specific regulatory requirements, or anti-trust or fair-trade law element to provide multi-disciplinary legal advisory services.
Most of our attorneys have LLM or JD degrees from top US law schools, and our US licensed attorney and anti-trust work together to advise clients directly, or by collaborating with international law firms, and local law firms on multi-jurisdiction investigations and litigations, and merger control filings.
ANTI-TRUST & FAIR COMPETITION
Trinity Legal’s anti-trust and fair-trade attorneys provides one of our strongest capabilities. Our anti-trust attorneys have substantial “big firm” experience, and are highly specialized in advising on the most complex anti-trust and fair-trade law issues across a broad range of industries. Our anti-trust and fair-trade law expertise is self-evident from our successful track record of representing client in response to Korean Fair-Trade Commission (“KFTC”) investigations, administrative appeals litigation and follow-on civil and criminal litigation proceedings.
Our anti-trust attorneys have been officially accredited by the Korea Bar Association as experts in anti-trust and fair law matters. We are often asked by the Ministry of Law, governmental agencies and private companies to provide lectures on emerging anti-trust law and fair competition law issues.
On transactions, our anti-trust attorneys collaborate with our transactional attorneys in M&A transactions, distribution agreements, franchise agreements, IP and trade secret related transactions, subcontracts, and other fair trade or consumer related issues on transactional matters where there are industry specific regulatory requirements, or anti-trust or fair-trade law element to provide multi-disciplinary legal advisory services.
Most of our attorneys have LLM or JD degrees from top US law schools, and our US licensed attorney and anti-trust work together to advise clients directly, or by collaborating with international law firms, and local law firms on multi-jurisdiction investigations and litigations, and merger control filings.
Cartels
Investigations by the KFTC of alleged anti-competitive agreements, collusion, and unfair collaborative acts (“Cartel Activity”) can have debilitating impact on any business.
Our anti-trust attorneys are recognized as specialists in the field of anti-trust and fair competition laws and represent clients with respect to KFTC investigations, appealing KFTC corrective orders and penalties, and in follow on civil and criminal litigations arising from alleged Cartel Activity in a wide range of industries including the insurance, pharmaceutical, shipping, transportation, and construction industry.
We have substantial experience representing clients to reduce administrative penalties and lessening the degree of corrective orders by the KFTC. If the KFTC’s leniency program is available to clients, we advise and represent clients in cooperating with the KFTC to obtain partial or full immunity, and assist clients on good faith cooperation on KFTC investigations. In cases where clients wish to appeal KFTC decisions, we represent client in administrative litigation proceedings. Allegations of Cartel Activity can also result in follow on civil court proceedings for damages, and criminal prosecution of representatives and agents of the company alleged to have been responsible for Cartel Activity violations if referred to the Prosecutor’s Office by the KFTC. We have a successful track record of defending clients in civil and criminal litigations reducing compensatory damages alleged to have been suffered from the alleged Cartel Activity and defending against criminal liability, or in seeking damages claims in civil litigation for damages suffered.
On multi-jurisdiction Cartel investigations or litigation proceedings, our anti-trust attorneys can assist in advising or representing clients on Cartel Activity relating to Korea.
Cartels
Investigations by the KFTC of alleged anti-competitive agreements, collusion, and unfair collaborative acts (“Cartel Activity”) can have debilitating impact on any business. Our anti-trust attorneys are recognized as specialists in the field of anti-trust and fair competition laws and represent clients with respect to KFTC investigations, appealing KFTC corrective orders and penalties, and in follow on civil and criminal litigations arising from alleged Cartel Activity in a wide range of industries including the insurance, pharmaceutical, shipping, transportation, and construction industry.
We have substantial experience representing clients to reduce administrative penalties and lessening the degree of corrective orders by the KFTC. If the KFTC’s leniency program is available to clients, we advise and represent clients in cooperating with the KFTC to obtain partial or full immunity, and assist clients on good faith cooperation on KFTC investigations. In cases where clients wish to appeal KFTC decisions, we represent client in administrative litigation proceedings. Allegations of Cartel Activity can also result in follow on civil court proceedings for damages, and criminal prosecution of representatives and agents of the company alleged to have been responsible for Cartel Activity violations if referred to the Prosecutor’s Office by the KFTC. We have a successful track record of defending clients in civil and criminal litigations reducing compensatory damages alleged to have been suffered from the alleged Cartel Activity and defending against criminal liability, or in seeking damages claims in civil litigation for damages suffered.
On multi-jurisdiction Cartel investigations or litigation proceedings, our anti-trust attorneys can assist in advising or representing clients on Cartel Activity relating to Korea.
Our services include the following:
- Providing legal opinions with respect to the alleged Cartel Activity.
- Advising and representation on investigations by the KFTC of Cartel Activity.
- Advising and assistance with cooperation under the KFTC’s Leniency Program.
- Advising and representation in administrative litigation seeking cancellation of the disposition of fines and corrective orders.
- Advising and representation in civil litigation proceedings with respect economic injuries alleged to have been suffered from Cartel Activity.
- Advising and representation of company officers and employees with respect to criminal prosecution of responsible persons involved in the Cartel Activity.
Our services include the following:
- Providing legal opinions with respect to the alleged Cartel Activity.
- Advising and representation on investigations by the KFTC of Cartel Activity.
- Advising and assistance with cooperation under the KFTC’s Leniency Program.
- Advising and representation in administrative litigation seeking cancellation of the disposition of fines and corrective orders.
- Advising and representation in civil litigation proceedings with respect economic injuries alleged to have been suffered from Cartel Activity.
- Advising and representation of company officers and employees with respect to criminal prosecution of responsible persons involved in the Cartel Activity.
Our experiences include the following:
- Represented major insurance companies, and pharmaceutical companies in follow on civil litigation for damages arising from alleged cartel activity and violation of fair competition laws (including, unreasonable refusal to enter transactions).
- Advised major Korean strategic investors and construction companies in public procurement bidding ineligibility due to prior anti-trust violation history.
- Represented an exhaust gas reduction device a manufacturer successfully obtaining acquittal of all criminal charges with respect to Cartel Activity.
- Represented clients and successfully reduced penalties in KFTC’s investigation of client in a bid-rigging case.
- Represented client and successfully obtained full immunity from criminal charges under KFTC’s Leniency Program with respect to unfair collaborative acts.
- Represented client in responding to KFTC investigation on unfair joint action regarding the consignment fee of fruit and vegetable dealers of Ga-rak agricultural wholesale market.
- Represented client in KFTC investigation of client’s unfair collusion, and in appealing administrative penalties and corrective orders.
Our experiences include the following:
- Represented major insurance companies, and pharmaceutical companies in follow on civil litigation for damages arising from alleged cartel activity and violation of fair competition laws (including, unreasonable refusal to enter transactions).
- Advised major Korean strategic investors and construction companies in public procurement bidding ineligibility due to prior anti-trust violation history.
- Represented an exhaust gas reduction device a manufacturer successfully obtaining acquittal of all criminal charges with respect to Cartel Activity.
- Represented clients and successfully reduced penalties in KFTC’s investigation of client in a bid-rigging case.
- Represented client and successfully obtained full immunity from criminal charges under KFTC’s Leniency Program with respect to unfair collaborative acts.
- Represented client in responding to KFTC investigation on unfair joint action regarding the consignment fee of fruit and vegetable dealers of Ga-rak agricultural wholesale market.
- Represented client in KFTC investigation of client’s unfair collusion, and in appealing administrative penalties and corrective orders.
Merger Control
Under the Monopoly Regulation and Fair-Trade Act of Korea (“MRFTA”), pre-merger notifications are required for mergers, acquisitions, and joint ventures surpassing the statutory thresholds, and in the event of an interlocking directorate.
Merger control clearance by the KFTC require anti-trust attorneys with expertise and accumulated experiences in advising clients on merger control regulations together with review of the anti-competitive effects of the proposed merger within the defined market. We have established strong working relationships with the KFTC and other regulatory agencies to effectively communicate in obtaining the necessary regulatory approvals.
On cross-border transactions, we have substantial experience in advising and guiding clients through the merger notification and approval processes (including advising on merger control notifications with KFTC for foreign-to-foreign mergers). We have the necessary relationship with local and international law firms to advise clients on multi-jurisdiction merger control filings.
Our Anti-trust team works closely with our M&A team to advise clients on the necessary approvals and notification requirements, assist with structuring closings, and advising on regulatory matters affecting the closing of M&A transactions.
Merger Control
Under the Monopoly Regulation and Fair-Trade Act of Korea (“MRFTA”), pre-merger notifications are required for mergers, acquisitions, and joint ventures surpassing the statutory thresholds, and in the event of an interlocking directorate.
Merger control clearance by the KFTC require anti-trust attorneys with expertise and accumulated experiences in advising clients on merger control regulations together with review of the anti-competitive effects of the proposed merger within the defined market. We have established strong working relationships with the KFTC and other regulatory agencies to effectively communicate in obtaining the necessary regulatory approvals.
On cross-border transactions, we have substantial experience in advising and guiding clients through the merger notification and approval processes (including advising on merger control notifications with KFTC for foreign-to-foreign mergers). We have the necessary relationship with local and international law firms to advise clients on multi-jurisdiction merger control filings.
Our Anti-trust team works closely with our M&A team to advise clients on the necessary approvals and notification requirements, assist with structuring closings, and advising on regulatory matters affecting the closing of M&A transactions.
Our services include the following:
- Preparation and filing merger notifications, business combination reports and representing clients in connection merger reviews by KFTC in Korea and coordination of multi-jurisdiction merger filings.
- Representation of interested parties in challenging anti-competitive mergers.
- Representation in appeals proceedings to overturn KFTC imposed remedies and conditions for clearance.
Our services include the following:
- Preparation and filing merger notifications, business combination reports and representing clients in connection merger reviews by KFTC in Korea and coordination of multi-jurisdiction merger filings.
- Representation of interested parties in challenging anti-competitive mergers.
- Representation in appeals proceedings to overturn KFTC imposed remedies and conditions for clearance.
Our experiences include the following:
- Numerous representations in pre-merger notification filings, obtaining merger clearance approval in a wide range of different industries.
- Numerous representations in obtaining merger control and regulatory approval in various industries including the airline industry, specialty chemicals, broadcasting and various manufacturing industries.
Our experiences include the following:
- Numerous representations in pre-merger notification filings, obtaining merger clearance approval in a wide range of different industries.
- Numerous representations in obtaining merger control and regulatory approval in various industries including the airline industry, specialty chemicals, broadcasting and various manufacturing industries.
Abuse of Market Dominance and Unfair Trade Practices
The so-called “gap-jil” results from Korea’s top-down economic system, and social and political pressures to eliminating such unfair trade activities in Korea has resulted in stricter regulatory enforcement and heavier fines and penalties.
MRFTA prohibits abuse of market dominance in the following categories: unreasonable control of prices, unreasonable control of the sale of provision of goods and services, obstruction of business activity, obstruction of new market entry, exclusion of market competitors, and other abuse of market dominance having an anti-competitive effect. Our attorneys and advisors have the expertise and the legal and industry knowledge to provide in-depth analysis on the existence of market dominance (including, defining the relevant market, and determining whether market dominance exists), and to advise on the anti-competitive effects of the alleged violations.
MRFTA separately regulates unfair trade practices, which may overlap with abuse of market dominance violations with respect to the following activities: unfairly refusing a transaction, unfairly discriminating against a transacting party, unfairly excluding competitors, unfairly soliciting customers, unfairly coercing customers, unfairly taking advantage of one’s bargaining position, trading under terms and conditions which unfairly restrict business activities of a transacting party, and unfairly disrupting business activities of another enterprise. Strict regulatory enforcement has emerged in recent year with respect to unfair trade practices due to increasingly negative public sentiments on unfair practices resulting in heavier fines and penalties, and greater number of criminal prosecutions. Abuse of market dominance and unfair trade practice are not mutually exclusive and requires the sophisticated in-depth legal analysis by attorneys with extensive anti-trust and fair-trade experience.
We offer “big firm” expertise and capabilities with respect to abuse of market dominance and unfair trade practice cases and provide practical solutions drawing on the extensive experience and our expertise of anti-trust and fair competition laws. Our extensive experience in anti-trust and fair-trade matters allow us to respond nimbly and effectively upon commencement of investigations by the KFTC, and we can advise on how best to respond to alleged abuse of market dominance violations and provide convincing arguments to mitigate the effects of any corrective measures imposed with respect to abuse of market dominance and unfair trade practices. With respect to any unreasonable KFTC decisions imposed against our clients, our litigation team represent clients in administrative appeals proceedings to overturn fines and penalties, and any corrective measures imposed against our clients.
We can represent both sides in civil litigations defending clients against compensatory damages suffered as result of abuse of market dominance and unfair trade activities and any criminal prosecutions of such alleged violations and represent clients to seek injunctions to prevent further injury and harm to clients and to obtain compensatory damages for the economic injuries suffered from the alleged violations.
Abuse of Market Dominance and Unfair Trade Practices
The so-called “gap-jil” results from Korea’s top-down economic system, and social and political pressures to eliminating such unfair trade activities in Korea has resulted in stricter regulatory enforcement and heavier fines and penalties.
MRFTA prohibits abuse of market dominance in the following categories: unreasonable control of prices, unreasonable control of the sale of provision of goods and services, obstruction of business activity, obstruction of new market entry, exclusion of market competitors, and other abuse of market dominance having an anti-competitive effect. Our attorneys and advisors have the expertise and the legal and industry knowledge to provide in-depth analysis on the existence of market dominance (including, defining the relevant market, and determining whether market dominance exists), and to advise on the anti-competitive effects of the alleged violations.
MRFTA separately regulates unfair trade practices, which may overlap with abuse of market dominance violations with respect to the following activities: unfairly refusing a transaction, unfairly discriminating against a transacting party, unfairly excluding competitors, unfairly soliciting customers, unfairly coercing customers, unfairly taking advantage of one’s bargaining position, trading under terms and conditions which unfairly restrict business activities of a transacting party, and unfairly disrupting business activities of another enterprise. Strict regulatory enforcement has emerged in recent year with respect to unfair trade practices due to increasingly negative public sentiments on unfair practices resulting in heavier fines and penalties, and greater number of criminal prosecutions. Abuse of market dominance and unfair trade practice are not mutually exclusive and requires the sophisticated in-depth legal analysis by attorneys with extensive anti-trust and fair-trade experience.
We offer “big firm” expertise and capabilities with respect to abuse of market dominance and unfair trade practice cases and provide practical solutions drawing on the extensive experience and our expertise of anti-trust and fair competition laws. Our extensive experience in anti-trust and fair-trade matters allow us to respond nimbly and effectively upon commencement of investigations by the KFTC, and we can advise on how best to respond to alleged abuse of market dominance violations and provide convincing arguments to mitigate the effects of any corrective measures imposed with respect to abuse of market dominance and unfair trade practices. With respect to any unreasonable KFTC decisions imposed against our clients, our litigation team represent clients in administrative appeals proceedings to overturn fines and penalties, and any corrective measures imposed against our clients.
We can represent both sides in civil litigations defending clients against compensatory damages suffered as result of abuse of market dominance and unfair trade activities and any criminal prosecutions of such alleged violations and represent clients to seek injunctions to prevent further injury and harm to clients and to obtain compensatory damages for the economic injuries suffered from the alleged violations.
Our services include the following:
- Assessing and advising on potential abuse of market dominance and unfair trade activities under the MRFTA.
- Reporting and responding to KFTC, guiding clients through investigations by the KFTC, and representing clients at all stages of an investigation.
- Representing and defending clients in administrative proceedings, and civil and criminal litigation.
Our services include the following:
- Assessing and advising on potential abuse of market dominance and unfair trade activities under the MRFTA.
- Reporting and responding to KFTC, guiding clients through investigations by the KFTC, and representing clients at all stages of an investigation.
- Representing and defending clients in administrative proceedings, and civil and criminal litigation.
Our experience includes the following:
- Advised Korea Electronic Power Cooperation (including 5 subsidiaries) on unfair competition activity relating to abuse of market dominance.
- Advised a major telecommunications company and pharmaceutical company on unfair trade practices (including, unfair refusal to enter transactions).
- Advised Korea Electronic Power Cooperation including 5 of its subsidiaries on unfair competition activity relating to abuse of market dominance.
- Advised foreign and domestic medical equipment manufacturing companies on consumer protection laws including deceptive solicitation of customers and unlawful rebate marketing practices.
- Represented numerous clients in a wide range of industry sectors (including, construction companies, a soybean milk company, global car supply chain vendor, and butane gas company) in cooperating with the KFTC to obtain partial or full immunity under the KFTC Leniency Program.
- Represented a construction company in KFTC’s investigation of client’s lending of funds to a company established by former employees and violation of unfair subsidizing and successfully discharged all charges against client.
- Represented client in the KFTC’s investigation of unfair support for ERP implementation service transactions between client and its affiliates.
- Represented an asset management company and reduced fines for violation of regulation on large-scale affiliated transactions involving retirement annuity between client and affiliated insurers.
- Represented an asset management company in KFTC’s investigation on unfair profits between specially related persons and affiliated companies of a corporate group.
- Represented client in the case of an investigation by the KFTC regarding unfair support for ERP implementation service transactions and successfully obtained acquittal against all charges.
- Represented an asset management for violations of large-scale affiliated transactions with affiliate insurance companies of retirement annuities to successfully reduce fines and charges to a regulatory warning.
- Represented an asset management company in response to KFTC’s investigation on unfair profits to the affiliated persons and successfully obtained immunity from criminal charges, and reduction in penalties.
Our experience includes the following:
- Advised Korea Electronic Power Cooperation (including 5 subsidiaries) on unfair competition activity relating to abuse of market dominance.
- Advised a major telecommunications company and pharmaceutical company on unfair trade practices (including, unfair refusal to enter transactions).
- Advised Korea Electronic Power Cooperation including 5 of its subsidiaries on unfair competition activity relating to abuse of market dominance.
- Advised foreign and domestic medical equipment manufacturing companies on consumer protection laws including deceptive solicitation of customers and unlawful rebate marketing practices.
- Represented numerous clients in a wide range of industry sectors (including, construction companies, a soybean milk company, global car supply chain vendor, and butane gas company) in cooperating with the KFTC to obtain partial or full immunity under the KFTC Leniency Program.
- Represented a construction company in KFTC’s investigation of client’s lending of funds to a company established by former employees and violation of unfair subsidizing and successfully discharged all charges against client.
- Represented client in the KFTC’s investigation of unfair support for ERP implementation service transactions between client and its affiliates.
- Represented an asset management company and reduced fines for violation of regulation on large-scale affiliated transactions involving retirement annuity between client and affiliated insurers.
- Represented an asset management company in KFTC’s investigation on unfair profits between specially related persons and affiliated companies of a corporate group.
- Represented client in the case of an investigation by the KFTC regarding unfair support for ERP implementation service transactions and successfully obtained acquittal against all charges.
- Represented an asset management for violations of large-scale affiliated transactions with affiliate insurance companies of retirement annuities to successfully reduce fines and charges to a regulatory warning.
- Represented an asset management company in response to KFTC’s investigation on unfair profits to the affiliated persons and successfully obtained immunity from criminal charges, and reduction in penalties.
Franchise Law
The Act on Fair Transactions in Franchise Business Act (“Franchise Act”) regulates the franchisor and franchisee relationship by strengthening the rights of franchisees,
regulating unfair practices of franchisors, and obligating franchisors to provide disclosures with respect to the franchisor and the franchise business. We advise clients on the regulatory requirements to enable franchisors to develop their businesses stably within the regulatory framework, and work closely with our clients to find creative and practical legal solutions to regulatory issues that inevitably arise from establishing and growing franchise businesses in a highly competitive market environment.
Franchise Law
The Act on Fair Transactions in Franchise Business Act (“Franchise Act”) regulates the franchisor and franchisee relationship by strengthening the rights of franchisees, regulating unfair practices of franchisors, and obligating franchisors to provide disclosures with respect to the franchisor and the franchise business. We advise clients on the regulatory requirements to enable franchisors to develop their businesses stably within the regulatory framework, and work closely with our clients to find creative and practical legal solutions to regulatory issues that inevitably arise from establishing and growing franchise businesses in a highly competitive market environment.
- We represent franchisors in reducing fines and penalties in KFTC investigations and appealing unfair KFTC decisions in administrative proceedings and represent both franchisors and franchisees in civil litigations and defending clients in criminal prosecutions.
- We assist domestic clients expand internationally on meeting franchise registration and information disclosure requirements in foreign jurisdictions. We have the necessary relationships with local and international law firms to advise clients on foreign regulatory requirements, managing regulatory filings and meeting disclosure obligations in key jurisdictions including the US and the European Union.
- With respect to overseas franchise businesses expanding into the Korean market, we can assist and advise on all regulatory requirements, managing regulatory filings and meeting disclosure obligations in Korea.
- We represent franchisors in reducing fines and penalties in KFTC investigations and appealing unfair KFTC decisions in administrative proceedings and represent both franchisors and franchisees in civil litigations and defending clients in criminal prosecutions.
- We assist domestic clients expand internationally on meeting franchise registration and information disclosure requirements in foreign jurisdictions. We have the necessary relationships with local and international law firms to advise clients on foreign regulatory requirements, managing regulatory filings and meeting disclosure obligations in key jurisdictions including the US and the European Union.
- With respect to overseas franchise businesses expanding into the Korean market, we can assist and advise on all regulatory requirements, managing regulatory filings and meeting disclosure obligations in Korea.
- Our experiences include both Korean franchisors expanding internationally, and foreign franchisors building a franchise business in Korea.
- Our experiences include both Korean franchisors expanding internationally, and foreign franchisors building a franchise business in Korea.
Subcontract Law
The Fair Transactions in Subcontracting Act (“Subcontracting Act”) specifically regulates subcontract relationships to protect the weaker bargaining position of the subcontractor and seeks to prevent abusive and unfair business practices of the general contractor.
In recent years, vigilant regulatory enforcement of violations of the Subcontract Act. Together with the introduction of trebles damages in civil proceedings, violation of the Subcontracting Act is a critical legal compliance concern. For subcontractors, receiving proper legal advice during negotiations results in greater opportunity for subcontractors to negotiate on equal bargaining terms and having capable legal representation in a dispute critically changes the level of damages that can be obtained in litigation.
Subcontract Law
The Fair Transactions in Subcontracting Act (“Subcontracting Act”) specifically regulates subcontract relationships to protect the weaker bargaining position of the subcontractor and seeks to prevent abusive and unfair business practices of the general contractor. In recent years, vigilant regulatory enforcement of violations of the Subcontract Act. Together with the introduction of trebles damages in civil proceedings, violation of the Subcontracting Act is a critical legal compliance concern. For subcontractors, receiving proper legal advice during negotiations results in greater opportunity for subcontractors to negotiate on equal bargaining terms and having capable legal representation in a dispute critically changes the level of damages that can be obtained in litigation.
- We provide practical guidance and solutions in managing client’s legal risks and achieving successful results to all issues arising from the Subcontracting Act, and represent clients during KFTC investigations, and in administrative, civil, and criminal litigation proceedings.
- We provide practical guidance and solutions in managing client’s legal risks and achieving successful results to all issues arising from the Subcontracting Act, and represent clients during KFTC investigations, and in administrative, civil, and criminal litigation proceedings.
- We have substantial experience advising clients in manufacturing and real estate construction industries and representing client in litigations involving violations of the Subcontract Act.
- We have substantial experience advising clients in manufacturing and real estate construction industries and representing client in litigations involving violations of the Subcontract Act.
Distribution and Resales Law
Distributorships and reseller arrangements are subject to the Fair-Trade Act on Distributorships in Korea (“Distributorship Act”).
The Distributorship Act was separately legislated based on existing regulations on unfair trade activities to specifically protect the weaker bargaining position of distributors and resellers from abusive and unfair practices of suppliers and original manufacturers. Evolving interpretations of the Distributorship Act, and its legislative amendments, together with treble damages raises fair trade law related issues unique to the distributor and reseller relationship and requires review by anti-trust and fair-trade law experts with an extensive understanding of both the MRFTA and the Distributorship Act. We provide practical legal solutions in managing client’s legal risks and achieve successful results through creative interpretations of the MRFTA and the Distributorship Act.
Distribution and Resales Law
Distributorships and reseller arrangements are subject to the Fair-Trade Act on Distributorships in Korea (“Distributorship Act”). The Distributorship Act was separately legislated based on existing regulations on unfair trade activities to specifically protect the weaker bargaining position of distributors and resellers from abusive and unfair practices of suppliers and original manufacturers. Evolving interpretations of the Distributorship Act, and its legislative amendments, together with treble damages raises fair trade law related issues unique to the distributor and reseller relationship and requires review by anti-trust and fair-trade law experts with an extensive understanding of both the MRFTA and the Distributorship Act. We provide practical legal solutions in managing client’s legal risks and achieve successful results through creative interpretations of the MRFTA and the Distributorship Act.
We provide practical guidance and solutions to advise on all regulatory issues arising from the Distributorship Act, and represent clients in disputes between suppliers or manufacturer, on the one hand, and distributor or resellers on the others.
On transactions, our anti-trust attorneys closely collaborate with transactional attorneys to identify Distributorship Act or other fair trade law issues and frequently advise on various issues arising from Distribution Agreements, Sales Agency Agreements and Supply Agreements. Our practice involves both domestic to domestic transactions but frequently involve negotiations between Korean clients and foreign parties, and vice versa.
We provide practical guidance and solutions to advise on all regulatory issues arising from the Distributorship Act, and represent clients in disputes between suppliers or manufacturer, on the one hand, and distributor or resellers on the others.
On transactions, our anti-trust attorneys closely collaborate with transactional attorneys to identify Distributorship Act or other fair trade law issues and frequently advise on various issues arising from Distribution Agreements, Sales Agency Agreements and Supply Agreements. Our practice involves both domestic to domestic transactions but frequently involve negotiations between Korean clients and foreign parties, and vice versa.
- Our experiences include advising clients in various different industries with respect to regulatory mattersissues arising from the Distributorship Act, and representing clients in court with respect to both seeking damages claims and defending clients with respect to alleged violations of the Distributorship Act. Additionally, our transactional and anti-trust attorneys work together to advise clients in a wide range of different industries (including, pharmaceutical, medical, cosmetics and specialty chemicals) on regulatory and contract related issues arising from the Distributorship Act.
Our experiences include advising clients in various different industries with respect to regulatory issues arising from the Distributorship Act, and representing clients in court with respect to both seeking damages claims and defending clients with respect to alleged violations of the Distributorship Act. Additionally, our transactional and anti-trust attorneys work together to advise clients in a wide range of different industries (including, pharmaceutical, medical, cosmetics and specialty chemicals) on regulatory and contract related issues arising from the Distributorship Act.
Door-to-Door Sales (Multi-level Marketing)
The Act on Door-to-Door Sales (“Door-to-Door Sales Act”) is consumer protection law regulating door-to-door sales, marketing of goods and services at customer’s homes, door-to-door not-for-profit fund raising, pyramid schemes, multi-level marketing, sales incentives schemes and payback promotion schemes and other similar door-to-door and sale incentive scheme activities. We provide practical advisory service in providing compliance guidelines and solutions to regulatory risks with respect to potential violations under the Door-to-Door Sales Act and other consumer protection laws.
Door-to-Door Sales (Multi-level Marketing)
The Act on Door-to-Door Sales (“Door-to-Door Sales Act”) is consumer protection law regulating door-to-door sales, marketing of goods and services at customer’s homes, door-to-door not-for-profit fund raising, pyramid schemes, multi-level marketing, sales incentives schemes and payback promotion schemes and other similar door-to-door and sale incentive scheme activities. We provide practical advisory service in providing compliance guidelines and solutions to regulatory risks with respect to potential violations under the Door-to-Door Sales Act and other consumer protection laws.
Our services include the following:
- Advising clients on regulatory and compliance risks in connection with the Door-to-Door Sales Act relating to client business and sales practices.
- Advising clients on responding to KFTCs during investigations and providing opinions on behalf of clients.
- Advising clients with respect to the Mutual Aid Contracts with the Mutual Aid Cooperative Consumer organization and the Korea Special Sales Financial Cooperative Association
- Advising clients in relation to registration requirements under the Door-to-Door Sales Act.
Our services include the following:
- Advising clients on regulatory and compliance risks in connection with the Door-to-Door Sales Act relating to client business and sales practices.
- Advising clients on responding to KFTCs during investigations and providing opinions on behalf of clients.
- Advising clients with respect to the Mutual Aid Contracts with the Mutual Aid Cooperative Consumer organization and the Korea Special Sales Financial Cooperative Association
- Advising clients in relation to registration requirements under the Door-to-Door Sales Act.
Our experience includes the following:
- Represented a multi-level marketing company in a KFTC investigation, and administrative appeals litigation and successfully obtained revocation of KFTC’s order and reduction in penalties.
- Advised client on compliance of door-to-door sales for a water purifier machine rental company.
- Advised cosmetics company on compliance with Door-to-Door Sales Act, and on other multi-level sales incentive schemes such as pyramid schemes.
Our experience includes the following:
- Represented a multi-level marketing company in a KFTC investigation, and administrative appeals litigation and successfully obtained revocation of KFTC’s order and reduction in penalties.
- Advised client on compliance of door-to-door sales of a water purifier machine rental company.
- Advised cosmetics company on compliance with Door-to-Door Sales Act, and on other multi-level sales incentive schemes such as pyramid schemes.
Other Competition Laws
We also have substantial experience and expertise advising on issues arising from the Act on Fair Labelling and Advertising (“Advertising Act”), the Act on the Consumer Protection in Electronic Commerce (“E-commerce Act”), the Act on the Regulation of Terms and Conditions and the Installment Transactions Act (“Installment Act”).
Other Competition Laws
We also have substantial experience and expertise advising on issues arising from the Act on Fair Labelling and Advertising (“Advertising Act”), the Act on the Consumer Protection in Electronic Commerce (“E-commerce Act”), the Act on the Regulation of Terms and Conditions and the Installment Transactions Act (“Installment Act”).
Our services include the following:
- Advising clients in a wide range different industries with potential violations of the Advertising Act, E-commerce Act and the Installment Act.
- Advising clients in relation to the KFTC’s investigations on potential violations of Advertising Act, E-commerce Act and the Installment Act.
- Advising clients on registration requirements.
- Advising e-commerce clients and potential regulatory issues arising from false or deceptive advertising practices.
Our services include the following:
- Advising clients in a wide range different industries with potential violations of the Advertising Act, E-commerce Act and the Installment Act.
- Advising clients in relation to the KFTC’s investigations on potential violations of Advertising Act, E-commerce Act and the Installment Act.
- Advising clients on registration requirements.
- Advising e-commerce clients and potential regulatory issues arising from false or deceptive advertising practices.
Our experience includes the following:
- Advised construction companies with respect to regulation of advertising practices.
- Advised on-line hotel and airline reservation business on the Act on Fair Labelling and Advertising, and registration filing requirements under the Act on the Consumer Protection in Electronic Commerce.
- Advised construction companies with respect to regulation of advertising practices.
- Advised on-line hotel and airline reservation business on the Act on Fair Labelling and Advertising, and registration filing requirements under the Act on the Consumer Protection in Electronic Commerce.
- Advised foreign and domestic medical equipment manufacturing companies on consumer protection laws and regulation of unlawful advertising, customer solicitation and rebate marketing practices.
Our experience includes the following:
- Advised construction companies with respect to regulation of advertising practices.
- Advised on-line hotel and airline reservation business on the Act on Fair Labelling and Advertising, and registration filing requirements under the Act on the Consumer Protection in Electronic Commerce.
- Advised construction companies with respect to regulation of advertising practices.
- Advised on-line hotel and airline reservation business on the Act on Fair Labelling and Advertising, and registration filing requirements under the Act on the Consumer Protection in Electronic Commerce.
- Advised foreign and domestic medical equipment manufacturing companies on consumer protection laws and regulation of unlawful advertising, customer solicitation and rebate marketing practices.
INTELLECTUAL PROPERTY LAW
Patents, utility models, trademark, design, and copyright rights (“IP Rights”) and trade secrets often form an integral element of a businesses’ corporate value. We work with our clients to understand the technology and its business value to ensure that our clients IP strategies are well aligned with their business goals.
Our attorneys have the technical backgrounds to handle a wide range of IP matters including:
- Advising on protection of trade secrets, and representing clients in litigation for misappropriation and theft;
- Assessment of potential infringement risks and providing practical strategies to prevent infringement of patents, trademarks and copyrights,
- Licensing and transfer of IP assets; and
- Representing clients in IP infringement disputes.
INTELLECTUAL PROPERTY LAW
Patents, utility models, trademark, design, and copyright rights (“IP Rights”) and trade secrets often form an integral element of a businesses’ corporate value. We work with our clients to understand the technology and its business value to ensure that our clients IP strategies are well aligned with their business goals.
Our attorneys have the technical backgrounds to handle a wide range of IP matters including:
- Advising on protection of trade secrets, and representing clients in litigation for misappropriation and theft;
- Assessment of potential infringement risks and providing practical strategies to prevent infringement of patents, trademarks and copyrights,
- Licensing and transfer of IP assets; and
- Representing clients in IP infringement disputes.
Protection of Technology and Trade Secrets
With a garden variety of trade secret misappropriation risks lurking both within and outside of the organization, a control system based on a strong understanding of trade secrets laws is critical to preventing misappropriation and theft of trade secrets. We advise clients on establishing systematic control systems to handle important confidential information, employee related issues with respect to know-how and proprietary information, and contractual protections necessary to protecting proprietary information and trade secrets.
Protection of Technology and Trade Secrets
With a garden variety of trade secret misappropriation risks lurking both within and outside of the organization, a control system based on a strong understanding of trade secrets laws is critical to preventing misappropriation and theft of trade secrets. We advise clients on establishing systematic control systems to handle important confidential information, employee related issues with respect to know-how and proprietary information, and contractual protections necessary to protecting proprietary information and trade secrets.
Patents
We regularly counsel clients on patent enforcement issues, and successfully take infringement actions against protected patents over a vast number inventions and utility models used in various different industries.
The diverse experiences of our IP attorneys, proven litigation expertise and abundance of transaction experiences allow us to provide value add legal services, and we can advise on strategic use and licensing of patents while in tandem advise on protecting commercial interests of our client’s patents.
Our IP attorneys have substantial experience in conducting patent infringement review and representation of clients in IP trials and appeal board litigation for invalidity and patent scope confirmation actions. Additionally, we represent clients in dispute arising from patent agreements.
On the transactional side, we advise on the assignment and licensing of patents, and agreements relating to joint development, ownership, and exploitation of patents. We also advise on employment agreements with respect to the ownership of employee inventions.
Patents
We regularly counsel clients on patent enforcement issues, and successfully take infringement actions against protected patents over a vast number inventions and utility models used in various different industries. The diverse experiences of our IP attorneys, proven litigation expertise and abundance of transaction experiences allow us to provide value add legal services, and we can advise on strategic use and licensing of patents while in tandem advise on protecting commercial interests of our client’s patents.
Our IP attorneys have substantial experience in conducting patent infringement review and representation of clients in IP trials and appeal board litigation for invalidity and patent scope confirmation actions. Additionally, we represent clients in dispute arising from patent agreements.
On the transactional side, we advise on the assignment and licensing of patents, and agreements relating to joint development, ownership, and exploitation of patents. We also advise on employment agreements with respect to the ownership of employee inventions.
Trademark
Trademarks protect the commercial branding, commercial uniqueness and the distinguished good will and value of the goods and services recognized in the marketplace.
We advise on all critical aspects of trademark law in establishing brands, ideas, and technological advances, and protection of trademarks from infringement, counterfeiting, and false advertising.
We negotiate and draft trademark licensing agreements, and advise on all measures necessary to protect trademarks, and represent clients in trademark litigation by obtaining injunctive relief (both preliminary and permanent) and seeking compensation for damages.
We also leverage our strengths in anti-trust and fair-trade law, and closely collaborate to advise and represent our clients in connection with any unfair competition claims. Where false advertisement exists, our anti-trust team can take the proper procedures to ensure that our clients suffer as little harms as possible from regulatory corrective actions.
We have particular expertise in advising on trademarks with respect to franchise businesses.
Trademark
Trademarks protect the commercial branding, commercial uniqueness and the distinguished good will and value of the goods and services recognized in the marketplace. We advise on all critical aspects of trademark law in establishing brands, ideas, and technological advances, and protection of trademarks from infringement, counterfeiting, and false advertising.
We negotiate and draft trademark licensing agreements, and advise on all measures necessary to trademark protection. In the event of infringement, we issue cease and desist letters, and represent clients in seeking protection in court by obtaining injunctive relief (both preliminary and permanent) and seekingdamages.
We also leverage our strengths in anti-trust and fair-trade law, and closely collaborate to advise and represent our clients in connection with any unfair competition claims. Where false advertisement exists, our anti-trust team can take the proper procedures to ensure that our clients suffer as little harms as possible from regulatory corrective actions.
We have particular expertise in advising on trademarks with respect to franchise businesses.
Copyrights
We assist clients on a wide range of copyright issues relating to music, publishing, fine art, databases, computer software, web content, games, and architectural works. We assist with issuing cease and desist letters, and represent clients in copyright litigation seeking injunctions against copyright infringement and seeking damages.
Copyrights
We assist clients on a wide range of copyright issues relating to music, publishing, fine art, databases, computer software, web content, games, and architectural works. We assist with issuing cease and desist letters, and represent clients in copyright litigation seeking injunctions against copyright infringement and seeking damages
Licensing and IP Transactions
Our IP attorney works closely with our transactional attorneys and foreign legal counsel on drafting and negotiating complex IP agreements. Our substantial experiences in M&A transactions allow us to provide in-depth due diligence review and provide an accurate evaluation of target’s IP assets. Additionally, we effectively draft and negotiate IP and technology license agreements, whether on a standalone basis or as part of a complex technology M&A transaction, or as in-kind contribution by a JV partner to technology joint venture business.
Licensing and IP Transactions
Our IP attorney works closely with our transactional attorneys and foreign legal counsel on drafting and negotiating complex IP agreements. Our substantial experiences in M&A transactions allow us to provide in-depth due diligence review and provide an accurate evaluation of target’s IP assets. Additionally, we effectively draft and negotiate IP and technology license agreements, whether on a standalone basis or as part of a complex technology M&A transaction, or as in-kind contribution by a JV partner to technology joint venture business.
IP Infringement and Litigation
While we seek to prevent disputes through preventive counseling on IP matters, we counsel and represent clients in the enforcement of IP rights, file preliminary and permanent injunctions, and seek damages in civil court and file for criminal prosecutions of IP theft.
IP Infringement and Litigation
While we seek to prevent disputes through preventive counseling, we counsel and represent clients in the enforcement of IP rights, file preliminary and permanent injunctions, and seek damages in civil court and file for criminal prosecutions of IP theft.
Our services include the following:
- Advising clients on devising litigation strategies for and handling of IP disputes (including forensic discovery procedure such as document production, deposition, and selection and management of e-discovery service vendors).
- Responding to KFTC’s unfair trade practice investigations.
- Advising clients on the enforcement of IP Rights including, issuing cease and desist letters, filing permanent and provisional injunctions, seeking compensation for damages and other claims regarding infringement of IP Rights.
- Drafting and negotiation of technology license and transfer agreements, joint technology development, non-disclosure agreements and other technology protections under technology transactions or projects with third parties.
- Conducting IP due diligence review and advising on potential IP issues and liabilities with respect to technology-based joint ventures, and M&A transactions.
- Advising on and reviewing internal control systems on to protect against leakage of trade secrets.
- Advising on protection of company trade secrets from employee ownership claims, including invention assignment agreement, reviewing resignation processes and drafting and review of non-compete and non-solicitation agreements.
- Advising on the hiring of prospective employees from competing companies and advising on revisions or supplement to the employment hiring and recruitment policy.
- Advising on risk management relating to unintentional inflow of trade secrets from customers and suppliers, including recommendations for implementing internal protection systems.
- Representing clients in civil and criminal court proceedings with respect to misappropriation of trade secrets including claims for permanent injunction, compensation for damages, provisional injunction and other infringement claims and remedies.
- Advising clients on criminal matters related to trade secret/industrial technology violations devising litigation strategies for and handling of overseas IP disputes (including forensic discovery procedure such as document production, deposition, and selection and management of e-discovery service vendor).
- Advising and responding to administrative lawsuits related to trade secret disputes, including actions brought by the Korea Trade Commission.
- Advising on infringement and drafting demand letters, infringement notice and settlement letters on the counterfeiting of ideas and inventions.
- Advising on trademark and branding license agreements, including trademark co-existence agreements.
- Advising on trademark and branding issues under franchising arrangements and fair-trade law issues arising from the MRFTA and the Franchise Act.
- Advising, reviewing, drafting, and negotiating copyright license agreements, Software licensing agreements, System development and integration agreements and game license agreements.
- Advising, reviewing, drafting, and negotiating research and development agreements, joint development agreements, service agreements.
Our services include the following:
- Advising clients on devising litigation strategies for and handling of IP disputes (including forensic discovery procedure such as document production, deposition, and selection and management of e-discovery service vendors).
- Responding to KFTC’s unfair trade practice investigations.
- Advising clients on the enforcement of IP Rights including, issuing cease and desist letters, filing permanent and provisional injunctions, seeking compensation for damages and other claims regarding infringement of IP Rights.
- Drafting and negotiation of technology license and transfer agreements, joint technology development, non-disclosure agreements and other technology protections under technology transactions or projects with third parties.
- Conducting IP due diligence review and advising on potential IP issues and liabilities with respect to technology-based joint ventures, and M&A transactions.
- Advising on and reviewing internal control systems on to protect against leakage of trade secrets.
- Advising on protection of company trade secrets from employee ownership claims, including invention assignment agreement, reviewing resignation processes and drafting and review of non-compete and non-solicitation agreements.
- Advising on the hiring of prospective employees from competing companies and advising on revisions or supplement to the employment hiring and recruitment policy.
- Advising on risk management relating to unintentional inflow of trade secrets from customers and suppliers, including recommendations for implementing internal protection systems.
- Representing clients in civil and criminal court proceedings with respect to misappropriation of trade secrets including claims for permanent injunction, compensation for damages, provisional injunction and other infringement claims and remedies.
- Advising clients on criminal matters related to trade secret/industrial technology violations devising litigation strategies for and handling of overseas IP disputes (including forensic discovery procedure such as document production, deposition, and selection and management of e-discovery service vendor).
- Advising and responding to administrative lawsuits related to trade secret disputes, including actions brought by the Korea Trade Commission.
- Advising on infringement and drafting demand letters, infringement notice and settlement letters on the counterfeiting of ideas and inventions.
- Advising on trademark and branding license agreements, including trademark co-existence agreements.
- Advising on trademark and branding issues under franchising arrangements and fair-trade law issues arising from the MRFTA and the Franchise Act.
- Advising, reviewing, drafting, and negotiating copyright license agreements, Software licensing agreements, System development and integration agreements and game license agreements.
- Advising, reviewing, drafting, and negotiating research and development agreements, joint development agreements, service agreements.
Our experience includes the following:
- Multiple representations of IP invalidation actions before the Patent Court and the Supreme Court, and invalidation and scope confirmation trials. IP trial experiences included trials relating to semiconductor inspection devices, display inspection devices, airbag devices, refrigerant devices, forming compression devices, VOD services, automatic ordering services, and card payment systems.
- Multiple representations in trials, including IP correction trials, cancellation of registrations, challenge against final rejections, invalidation of amendment rejections, and appeals against amendment rejections.
- Multiple representations in IP-related litigations for trade secret infringement actions before civil and criminal courts relating to emission reduction devices, navigation systems, ERP programs, CVD repair equipment, optical lenses, audio technology, and plasma technology.
- Multiple representations in lawsuits involving theft of technology and utility designs relating to, among others, TV broadcasting technology, architectural methods, odor removal technology, robotics technology, and household appliance technology.
- Preparing and reviewing employee invention compensation regulations involving, among others, S Company memory technology, S Company text input technology, S Company secondary battery technology, L Company LTE technology, H Company wire technology, and B Company new drug technology.
- Representations in system integration disputes involving bank computer systems, cyber university systems, e-commerce website, and logistics management systems.
- Multiple representations in copyright litigation, both civil and criminal litigation of copyright infringement and seeking damages involving, among others, department store payment systems, precision inspection equipment programs, design programs, 3d videos, bidding proposals and planning materials, drama scripts, lecture materials, and conference documents.
- Multiple representations in enforcement and civil and criminal litigation of trademark infringement and seeking damages for telecommunication companies, bed manufacturers, hospital brands, prominent video artists, consumer goods manufacturers, and restaurants.
- Legal consultation on legal issues arising from business activities based on new technologies and ideas of domestic companies.
- Multiple experience drafting research and development agreements, trademark co-existence agreements, patent and technology license agreement, and other IP agreements.
Our experiences include the following:
- Multiple representations of IP invalidation actions before the Patent Court and the Supreme Court, and invalidation and scope confirmation trials. IP trial experiences included trials relating to semiconductor inspection devices, display inspection devices, airbag devices, refrigerant devices, forming compression devices, VOD services, automatic ordering services, and card payment systems.
- Multiple representations in trials, including IP correction trials, cancellation of registrations, challenge against final rejections, invalidation of amendment rejections, and appeals against amendment rejections.
- Multiple representations in IP-related litigations for trade secret infringement actions before civil and criminal courts relating to emission reduction devices, navigation systems, ERP programs, CVD repair equipment, optical lenses, audio technology, and plasma technology.
- Multiple representations in lawsuits involving theft of technology and utility designs relating to, among others, TV broadcasting technology, architectural methods, odor removal technology, robotics technology, and household appliance technology.
- Preparing and reviewing employee invention compensation regulations involving, among others, S Company memory technology, S Company text input technology, S Company secondary battery technology, L Company LTE technology, H Company wire technology, and B Company new drug technology.
- Representations in system integration disputes involving bank computer systems, cyber university systems, e-commerce website, and logistics management systems.
- Multiple representations in copyright litigation, both civil and criminal litigation of copyright infringement and seeking damages involving, among others, department store payment systems, precision inspection equipment programs, design programs, 3d videos, bidding proposals and planning materials, drama scripts, lecture materials, and conference documents.
- Multiple representations in enforcement and civil and criminal litigation of trademark infringement and seeking damages for telecommunication companies, bed manufacturers, hospital brands, prominent video artists, consumer goods manufacturers, and restaurants.
- Legal consultation on legal issues arising from business activities based on new technologies and ideas of domestic companies.
- Multiple experience drafting research and development agreements, trademark co-existence agreements, patent and technology license agreement, and other IP agreements.
INSOLVENCY
INSOLVENCY
Bankruptcy and Corporate Reorganization
We have substantial experience in advising debtors, creditors, investors, and other stakeholders in bankruptcy, insolvency and other crisis situations.
We advise and represent clients on all aspects of bankruptcy and court administered reorganization proceedings, and court approved M&A transactions. We identify all potential risks and issues of financially troubled companies prior to voluntary or involuntary bankruptcy and reorganization proceedings and have the capacity to advise clients on the corporate restructuring options through in-depth review of all related legal, financial and business related aspects with respect to the going concern of troubled companies.
Bankruptcy and Corporate Reorganization
We have substantial experience in advising debtors, creditors, investors, and other stakeholders in bankruptcy, insolvency and other crisis situations. We advise and represent clients on all aspects of bankruptcy and court administered reorganization proceedings, and court approved M&A transactions. We identify all potential risks and issues of financially troubled companies prior to voluntary or involuntary bankruptcy and reorganization proceedings and have the capacity to advise clients on the corporate restructuring options through in-depth review of all related legal, financial and business related aspects with respect to the going concern of troubled companies.
Creditor Registration and Appeals Procedures
We advise and represent creditors, investors and other stakeholders to prepare and file timely creditor claims and represent troubled companies in contesting creditor claims in bankruptcy and rehabilitation proceedings. Our bankruptcy attorneys are specialized and highly experienced in representing foreign creditors with respect to the registration of foreign creditor’s claims in Korean bankruptcy proceedings, and enforcement of judgements in Korea.
Creditor Registration and Appeals Procedures
We advise and represent creditors, investors and other stakeholders to prepare and file timely creditor claims and represent troubled companies in contesting creditor claims in bankruptcy and rehabilitation proceedings. Our bankruptcy attorneys are specialized and highly experienced in representing foreign creditors with respect to the registration of foreign creditor’s claims in Korean bankruptcy proceedings, and enforcement of judgements in Korea.
Distressed M&A and Corporate Reorganization
Court administered M&A of reorganized companies raises unique issues distinguishable from traditional M&A transactions, including, the severance of liabilities and termination or cancellation of executory contracts. Our attorneys collaborate seamlessly to provide a multi-disciplinary review and provide a one stop solution to all legal services with respect to court administered M&A transactions of distressed companies.
Distressed M&A and Corporate Reorganization
Court administered M&A of reorganized companies raises unique issues distinguishable from traditional M&A transactions, including, the severance of liabilities and termination or cancellation of executory contracts. Our attorneys collaborate seamlessly to provide a multi-disciplinary review and provide a one stop solution to all legal services with respect to court administered M&A transactions of distressed companies.
Our services include the following:
- Advising on all aspects of debtors, creditors, investors, and other stakeholders with respect to all insolvency and bankruptcy matters, including filing petitions for commencement of rehabilitation and bankruptcy proceedings.
- Legal due diligence review of the insolvent target companies.
- Advising, negotiating, drafting and negotiation on court approved purchase and sale agreements, and assisting with the closing of distressed M&A transactions.
- Advising on all issues arising from the Corporate Restructuring Promotion Act, Special Act on Corporate Revitalization, and the Corporate Restructuring Promotion Act.
- Assisting with review, drafting and negotiation of out-of-court negotiations with lenders, creditors, and other stakeholders including, intercreditor agreements, debt restructuring agreements, subordination agreements, joint collateral agreements, equity investment agreements, waivers, forbearance agreement, and amendment agreements.
- Assisting with the establishment of bankruptcy remote special purpose entities with respect to related distressed M&A transactions.
- Assisting with negotiation and drafting of purchase and sale agreements, and closing of distressed M&A transactions.
Our services include the following:
- Advising on all aspects of debtors, creditors, investors, and other stakeholders with respect to all insolvency and bankruptcy matters, including filing petitions for commencement of rehabilitation and bankruptcy proceedings.
- Legal due diligence review of the insolvent target companies.
- Advising, negotiating, drafting and negotiation on court approved purchase and sale agreements, and assisting with the closing of distressed M&A transactions.
- Advising on all issues arising from the Corporate Restructuring Promotion Act, Special Act on Corporate Revitalization, and the Corporate Restructuring Promotion Act.
- Assisting with review, drafting and negotiation of out-of-court negotiations with lenders, creditors, and other stakeholders including, intercreditor agreements, debt restructuring agreements, subordination agreements, joint collateral agreements, equity investment agreements, waivers, forbearance agreement, and amendment agreements.
- Assisting with the establishment of bankruptcy remote special purpose entities with respect to related distressed M&A transactions.
- Assisting with negotiation and drafting of purchase and sale agreements, and closing of distressed M&A transactions.
Our experiences include the following:
- Multiple representations of publicly listed company on bankruptcy and rehabilitation proceedings.
- Representation in a Supreme Court appellate litigation. The case involved the judgement for repayment of membership fee earnest money deposits and the enforcement of creditor’s claims under the court approved rehabilitation plan.
- Representation in a Supreme Court appellate litigation successfully overturning lower court ruling in favor of client on issues relating to the extinguishment of liens in court approved auction sales. The Case involved favorable rulings on the issue of bankruptcy court’s authority to change terms of auction sales in its confirmation of rehabilitation plans and confirming that auction sales does not require the transfer of property free and clear of liens and encumbrances.
- Representation of creditors in filing creditor claims with respect to bankruptcy and rehabilitation proceedings, enforcing judgements and assisting with the collection of judgements against bankrupt and insolvent companies.
- Multiple representation on court administered M&A of rehabilitation companies.
- Representations involving corporate reorganization, and distressed sale of a golf course.
Our experiences include the following:
- Multiple representations of publicly listed company on bankruptcy and rehabilitation proceedings.
- Representation in a Supreme Court appellate litigation. The case involved the judgement for repayment of membership fee earnest money deposits and the enforcement of creditor’s claims under the court approved rehabilitation plan.
- Representation in a Supreme Court appellate litigation successfully overturning lower court ruling in favor of client on issues relating to the extinguishment of liens in court approved auction sales. The Case involved favorable rulings on the issue of bankruptcy court’s authority to change terms of auction sales in its confirmation of rehabilitation plans and confirming that auction sales does not require the transfer of property free and clear of liens and encumbrances.
- Representation of creditors in filing creditor claims with respect to bankruptcy and rehabilitation proceedings, enforcing judgements and assisting with the collection of judgements against bankrupt and insolvent companies.
- Multiple representation on court administered M&A of rehabilitation companies.
- Representations involving corporate reorganization, and distressed sale of a golf course.
REAL ESTATE & CONSTRUCTION DISPUTES
Trinity Legal represents major construction and engineering companies, general contractors, subcontractors, developers, and cooperatives with respect to construction disputes and real estate law matters.
Our experts have strong experience representing clients in connection with disputes arising from construction and engineering contracts, and have substantial experience with respect to construction costs and payment claims, construction defects liability, express and implied warranties, specific performance, public contracts, redevelopment and reconstruction disputes, and subcontractor disputes.
On the transaction side, we also review and draft development agreements, construction contracts, and advise clients on real estate transactions including public private partnerships, project finance , and real estate sales and leasing transactions.
REAL ESTATE & CONSTRUCTION DISPUTES
Trinity Legal represents major construction and engineering companies, general contractors, subcontractors, developers, and cooperatives with respect to construction disputes and real estate law matters. Our experts have strong experience representing clients in connection with disputes arising from construction and engineering contracts, and have substantial experience with respect to construction costs and payment claims, construction defects liability, express and implied warranties, specific performance, public contracts, redevelopment and reconstruction disputes, and subcontractor disputes.
On the transaction side, we also review and draft development agreements, construction contracts, and advise clients on real estate transactions including public private partnerships, project finance , and real estate sales and leasing transactions.
Our services include the following:
- Governmental Procurement and Bidding. We represent and advise clients in connection with disputes arising public procurement, bidding, and national contracts.
- Construction Cost Payment Disputes. We represent clients in construction payment disputes including unpaid installment payments and outstanding construction fee payments.
- Cost Overrun Disputes. We represent clients in connection with disputes arising from construction costoverruns, caused by project delays, labor and raw material costs increases and, and changed project site conditions resulting from differing project site conditions.
- Warranties, Defects Warranties Insurance and Performance Bonds. We represent clients in connection with disputes arising from breach of express and implied warranties including specific performance for reconstruction defects and damages. Defective construction and breach of expressed and implied warranties such as failure to meet design and materials specifications , failure to complete the project in workmanship like manner, reconstruction of defective construction project, and project delays. Additionally, we represent clients to enforce construction contracts, and seek payments under defect warranties insurance and performance bonds.
- Subcontractor Disputes. We represent both general contractors and subcontractors with respect to, among others, unfair reduction of construction payments, unfair terms and conditions of subcontract agreement, direct payment of construction fees to subcontractors, and project delay claims caused by the general contractor or by the
- Default and Termination Disputes. We advise clients in connection with disputes arising from termination for convenience and termination due to an event of default including, excessive cost overruns, material adverse events, breach of express reps and warranties, material breach and non-performance, project delay, insolvency, and repudiation of the contract.
- Redevelopment and Renovation Projects. We advise and represents clients in housing redevelopment and reconstruction project disputes and issues arising under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents, the Housing Act, and the Building Act.
- Third Party Property Rights Disputes. We represents clients in various disputes arising from injuries to or interference with third-party property rights, including encroachment of easements, nuisance (e.g., loss of sunshine, view obstructions, noise, vibrations and dust), and damages to improvement of adjacent property improvements or harm to structure of nearby buildings.
Our services include the following:
- Governmental Procurement and Bidding. We represent and advise clients in connection with disputes arising public procurement, bidding, and national contracts.
- Construction Cost Payment Disputes. We represent clients in construction payment disputes including unpaid installment payments and outstanding construction fee payments.
- Cost Overrun Disputes. We represent clients in connection with disputes arising from construction costoverruns, caused by project delays, labor and raw material costs increases and, and changed project site conditions resulting from differing project site conditions.
- Warranties, Defects Warranties Insurance and Performance Bonds. We represent clients in connection with disputes arising from breach of express and implied warranties including specific performance for reconstruction defects and damages. Defective construction and breach of expressed and implied warranties such as failure to meet design and materials specifications , failure to complete the project in workmanship like manner, reconstruction of defective construction project, and project delays. Additionally, we represent clients to enforce construction contracts, and seek payments under defect warranties insurance and performance bonds.
- Subcontractor Disputes. We represent both general contractors and subcontractors with respect to, among others, unfair reduction of construction payments, unfair terms and conditions of subcontract agreement, direct payment of construction fees to subcontractors, and project delay claims caused by the general contractor or by the subcontractor.
- Default and Termination Disputes. We advise clients in connection with disputes arising from termination for convenience and termination due to an event of default including, excessive cost overruns, material adverse events, breach of express reps and warranties, material breach and non-performance, project delay, insolvency, and repudiation of the contract.
- Redevelopment and Renovation Projects. We advise and represents clients in housing redevelopment and reconstruction project disputes and issues arising under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents, the Housing Act, and the Building Act.
- Third Party Property Rights Disputes. We represents clients in various disputes arising from injuries to or interference with third-party property rights, including encroachment of easements, nuisance (e.g., loss of sunshine, view obstructions, noise, vibrations and dust), and damages to improvement of adjacent property improvements or harm to structure of nearby buildings.
Our experiences include the following:
- Representation of clients in connection with disputes arising from national contracts, public procurement, and contract bidding. Representation experiences include arbitration of a dispute arising from private public partnership for development of a waste treatment facility, and litigation in the Supreme Court with respect to damages claims arising from bid rigging by a cartel in an oil refinery development project.
- Multiple representations with respect to housing redevelopment projects and housing reconstruction projects and issues arising under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents, the Housing Act, and the Building Act.
- Representation in a payments dispute for the proper accounting and settlement of project costs relating to the Gangdong-gu District redevelopment and urban renewal project.
- Representation in a litigation for payment of construction fees relating to the Suyoung-gu District multi-residential development project.
- Representation in a litigation for payment of construction fees relating to the Bundan-gu townhouse development project.
- Representation in a litigation for payment of subcontractor fees relating to the Sungbok-gu Apartment Development Project.
- Representation in a litigation for payment of construction management fees of a wastewater treatment facility in Seoungdong-gu District.
- Representation in a litigation for payment of indirect costs relating to an underground roadway construction project.
- • Representation in a breach warranties dispute relating to development of waterfront property in Incheon Anamdo.
- Representation in a breach of warranties claim, and payment of warranties liabilities insurance dispute relating to Seongbuk-gu multi-residential development project.
- Multiple representation of clients for breaches of construction contract and damages claims.
- Representation of internet shopping mall in a lawsuit over e-commerce shopping mall program’s warranty defects.
- Representation on an eminent domain case seeking just compensation for condemned property and seeking damages for loss of statutory repurchase right under the “Act On Acquisition of and Compensation For Land For Public Works Projects.”
- Multiple representations in breach of express and implied warranty cases for defective construction liability successfully obtaining damages for various types of real estate assets (including, apartment complex construction projects, mixed-use commercial residential buildings, and mixed-use office residential buildings).
- Representation and legal advisory services of a trust company including, among other matters, restitution claims, debt collection and payment claims, and annulment of fraudulent conveyance transfers.
- Represented construction companies to claim and request construction fee payment, and for additional construction costs arising from the project.
- Representation in litigation involving multiple payment claims with respect to a trust company including restitution of profits, collection payments, and avoidance or voiding fraudulent conveyances and transfers.
- Representation in connection with the Hawseong Dongtan land development project obtaining declaratory judgement confirming no liability to payout performance bond deposits.
- Advised a local public enterprise in connection with the drafting of by-laws and public notice for pre-sale offers of land leased multi-residential property development.
- Advised on the rights and obligation of the parties with respect to a Multi-residential Property Pre-sale Agreement, and modification of the surety terms and conditions.
- Represented and advised a local public enterprise in a series of disputes and numerous legal matters arising from the Gwang-gyo greenfield development project. The disputes included, the following: a litigation for the termination of the project agreement and refund of project investment funds; litigation for the transfer of shares in the project financing vehicle and the asset management company; the litigation for the payment of performance bonds; and the litigation for the refund of the land purchase price.
- Represented an asset management company in its investment in the Yongsan Station International Business District development project.
- Representation to local public enterprise on various legal matters including, among others, representation in litigation for refund of the purchase price under a real estate purchase agreement.
- Represented construction contractors in construction litigation involving urban development projects of Yongin D-District, Pyeongtaek H-District, and housing construction projects in Namyangju Toegyewon and Asan Baebang.
- Represented an asset management company in its investment in the Yongsan Station International Business District development project.
Our experiences include the following:
- Representation of clients in connection with disputes arising from national contracts, public procurement, and contract bidding. Representation experiences include arbitration of a dispute arising from private public partnership for development of a waste treatment facility, and litigation in the Supreme Court with respect to damages claims arising from bid rigging by a cartel in an oil refinery development project.
- Multiple representations with respect to housing redevelopment projects and housing reconstruction projects and issues arising under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents, the Housing Act, and the Building Act.
- Representation in a payments dispute for the proper accounting and settlement of project costs relating to the Gangdong-gu District redevelopment and urban renewal project.
- Representation in a litigation for payment of construction fees relating to the Bundan-gu townhouse development project.
- Representation in a litigation for payment of subcontractor fees relating to the Sungbok-gu Apartment Development Project.
- Representation in a litigation for payment of construction management fees of a wastewater treatment facility in Seoungdong-gu District.
- Representation in a litigation for payment of indirect costs relating to an underground roadway construction project.
- Representation in a breach warranties dispute relating to development of waterfront property in Incheon.
- Representation in a breach of warranties claim, and payment of warranties liabilities insurance dispute relating to Seongbuk-gu multi-residential development project.
- Multiple representation of clients for breaches of construction contract and damages claims.
- Representation of internet shopping mall in a lawsuit over e-commerce shopping mall program’s warranty defects.
- Representation on an eminent domain case seeking just compensation for condemned property and seeking damages for loss of statutory repurchase right under the “Act On Acquisition of and Compensation For Land For Public Works Projects.”
- Multiple representations in breach of express and implied warranty cases for defective construction liability successfully obtaining damages for various types of real estate assets (including, apartment complex construction projects, mixed-use commercial residential buildings, and mixed-use office residential buildings).
- Representation and legal advisory services of a trust company including, among other matters, restitution claims, debt collection and payment claims, and annulment of fraudulent conveyance transfers.
- Represented construction companies to claim and request construction fee payment, and for additional construction costs arising from the project.
- Representation in litigation involving multiple payment claims with respect to a trust company including restitution of profits, collection payments, and avoidance or voiding fraudulent conveyances and transfers.
- Representation in connection with the Hawseong Dongtan land development project obtaining declaratory judgement confirming no liability to payout performance bond deposits.
- Advised a local public enterprise in connection with the drafting of by-laws and public notice for pre-sale offers of land leased multi-residential property development.
- Advised on the rights and obligation of the parties with respect to a Multi-residential Property Pre-sale Agreement, and modification of the surety terms and conditions.
- Represented and advised a local public enterprise in a series of disputes and numerous legal matters arising from the Gwang-gyo greenfield development project. The disputes included, the following: a litigation for the termination of the project agreement and refund of project investment funds; litigation for the transfer of shares in the project financing vehicle and the asset management company; the litigation for the payment of performance bonds; and the litigation for the refund of the land purchase price.
- Represented an asset management company in its investment in the Yongsan Station International Business District development project.
- Representation to local public enterprise on various legal matters including, among others, representation in litigation for refund of the purchase price under a real estate purchase agreement.
- Represented construction contractors in construction litigation involving urban development projects of Yongin D-District, Pyeongtaek H-District, and housing construction projects in Namyangju Toegyewon and Asan Baebang.
- Represented an asset management company in its investment in the Yongsan Station International Business District development project.
LABOR & EMPLOYMENT LAW
LABOR & EMPLOYMENT LAW
Our labor and employment law experts advise on a wide range of employment and labor law issues arising from forming and operating a business in Korea, handling labor union matters, and representing employers in connection with employment disputes.
Our labor and employment law experts advise on a wide range of employment and labor law issues arising from forming and operating a business in Korea, handling labor union matters, and representing employers in connection with employment disputes.
Employment Law
We advise on all aspects of employment law matters from the hiring of employees, workforce restructurings to the suspension and termination of employees. Additionally, we internally collaborate with our corporate attorneys on M&A transactions, corporate restructuring, and post-merger integration issues to advise on employment law related aspects.
Employment Law
We advise on all aspects of employment law matters from the hiring of employees, workforce restructurings to the suspension and termination of employees. Additionally, we internally collaborate with our corporate attorneys on M&A transactions, corporate restructuring, and post-merger integration issues to advise on employment law related aspects.
Labor Unions
We advise on labor unions and labor management relations, such as collective bargaining, labor related regulations and labor compliance issues, and labor union disputes based on our in-depth knowledge of labor law to support a sustainable relationship with labor unions.
Labor Unions
We advise on labor unions and labor management relations, such as collective bargaining, labor related regulations and labor compliance issues, and labor union disputes based on our in-depth knowledge of labor law to support a sustainable relationship with labor unions.
Work Health and Safety, Industrial Accidents and Welfare Benefits
We have in-depth legal knowledge and substantial experience advising clients on matters arising from occupational health and safety requirements, industrial accidents, mandatory social welfare benefits requirements, non-compete and confidentiality obligations of employees, and compliance issues with respect to employee’s personal information.
Work Health and Safety, Industrial Accidents and Welfare Benefits
We have in-depth legal knowledge and substantial experience advising clients on matters arising from occupational health and safety requirements, industrial accidents, mandatory social welfare benefits requirements, non-compete and confidentiality obligations of employees, and compliance issues with respect to employee’s personal information.
Employment Disputes
While most employment disputes are best resolved through dialogue and fair and reasonable settlement, there are circumstances in which litigation is unavoidable. We leverage the strength of our litigation team and apply our in-depth understanding of employment and labor law to successfully represent clients in employment litigation and assist clients in responding to investigations by the Ministry of Labor.
Employment Disputes
While most employment disputes are best resolved through dialogue and fair and reasonable settlement, there are circumstances in which litigation is unavoidable. We leverage the strength of our litigation team and apply our in-depth understanding of employment and labor law to successfully represent clients in employment litigation and assist clients in responding to investigations by the Ministry of Labor.
Our services include the following:
- Advising on employment matters relating to the hiring of employees, employee layoffs and redundancies and employee disciplinary actions.
- Advising on temporary and agency worker issues, including the illegal dispatch of workers.
- Conducting due diligence review of labor and employment related liabilities arising from M&A transactions (including business transfers)
- Advising on corporate reorganization and post-merger integration of companies.
Our services include the following:
- Advising on employment matters relating to the hiring of employees, employee layoffs and redundancies and employee disciplinary actions.
- Advising on temporary and agency worker issues, including the illegal dispatch of workers.
- Conducting due diligence review of labor and employment related liabilities arising from M&A transactions (including business transfers)
- Advising on corporate reorganization and post-merger integration of companies.
INSURANCE LAW
We leverage our expertise on private wealth law to collaborate with our insurance law experts and advise on use insurance products to achieve the most optimal tax, estate and retirement planning solutions. Additionally, we have substantial experience advising on insurance law issues and representing clients in insurance litigation matters.
INSURANCE LAW
We leverage our expertise on private wealth law to collaborate with our insurance law experts and advise on use insurance products to achieve the most optimal tax, estate and retirement planning solutions. Additionally, we have substantial experience advising on insurance law issues and representing clients in insurance litigation matters.
Our services include the following:
- Advising on insurance products for gifts, estate and tax planning purposes.
- Advising clients on insurance benefits and indemnity claims, and insurance liabilities.
- Advising clients on improper insurance sales practices and misrepresentation claims.
- Advising clients on in relation to insurance benefits for suicide coverage paid by a life insurer.
Our services include the following:
- Advising on insurance products for gifts, estate and tax planning purposes.
- Advising clients on insurance benefits and indemnity claims, and insurance liabilities.
- Advising clients on improper insurance sales practices and misrepresentation claims.
- Advising clients on insurance benefits for suicide coverage paid by a life insurer.
Our experiences include the following:
- Representation of heirs to the estate of a famous politician in a litigation seeking Accidental Death Insurance Benefit payments.
- Representation in litigation seeking recognition of invalidity of the insurance contract. The case involved the insured descendant’s purchase of multiple death insurance coverage with 10 different insurance companies immediately prior to the descendant’s suicide.
- Representation in a lawsuit seeking damages against an insurance company for the mis-selling of insurance products to family members of a prominent business owner for estate transferring purposes.
- Representation in a lawsuit for annuity insurance benefit payment, and recission of change of the insurance policy beneficiary in breach of the terms of the insurance policy.
- Advising and representation on the cancellation of insurance sales license, involving code blocking and non-payment of sales commissions.
- Representation of client seeking payment of cancer insurance with respect to borderline tumor diagnosis.
- Representation in the comprehensive regulatory audit and investigation by the Financial Supervisory Commission of life insurance company S.
- Advising on post-merger reorganization of exclusive agencies to non-exclusive insurance agencies.
- Representation in a lawsuit successfully challenging validity of a group insurance policy and seeking restitution of all insurance payments made to individual beneficiaries designated under the group insurance policy.
Our experiences include the following:
- Representation of heirs to the estate of a famous politician in a litigation seeking Accidental Death Insurance Benefit payments.
- Representation in litigation seeking recognition of invalidity of the insurance contract. The case involved the insured descendant’s purchase of multiple death insurance coverage with 10 different insurance companies immediately prior to the descendant’s suicide.
- Representation in a lawsuit seeking damages against an insurance company for the mis-selling of insurance products to family members of a prominent business owner for estate transferring purposes.
- Representation in a lawsuit for annuity insurance benefit payment, and recission of change of the insurance policy beneficiary in breach of the terms of the insurance policy.
- Advising and representation on the cancellation of insurance sales license, involving code blocking and non-payment of sales commissions.
- Representation of client seeking payment of cancer insurance with respect to borderline tumor diagnosis.
- Representation in the comprehensive regulatory audit and investigation by the Financial Supervisory Commission of life insurance company S.
- Advising on post-merger reorganization of exclusive agencies to non-exclusive insurance agencies.
- Representation in a lawsuit successfully challenging validity of a group insurance policy and seeking restitution of all insurance payments made to individual beneficiaries designated under the group insurance policy.
TAX LAW
Korea’s tax laws and enforcement are draconian and have economically severe consequences for unprepared businesses and individuals.
Our tax attorneys and professionals endeavor relentlessly to seamlessly collaborate on all tax law issues affecting client’s interests to ensure that all major tax issues are properly reviewed, and to facilitate smooth and successful closing of transactions with the lowest possible tax burdens. Our tax advisors are highly experienced and have formerly held positions as high ranking positions at the National Tax Service (“NTS”) allowing us to have an insider understanding of the tax assessment process and know-how of how to handle contentious tax assessment matters.
We regularly provide tax assessment and tax litigation services including challenging tax assessments, litigating tax issues and asserting defenses to criminal charges. Our tax team comprises of both tax litigation attorneys with substantial trial experience, and former high ranking NTS officials. Although most tax controversies are resolved without litigation, we have extensive in-court experiences and strong capacity to represent clients in administrative appeals litigation to invalidate tax assessment and seek unjust enrichment claims in civil proceedings for any over paid taxes.
TAX LAW
Korea’s tax laws and enforcement are draconian and have economically severe consequences for unprepared businesses and individuals. Our tax attorneys and professionals endeavor relentlessly to seamlessly collaborate on all tax law issues affecting client’s interests to ensure that all major tax issues are properly reviewed, and to facilitate smooth and successful closing of transactions with the lowest possible tax burdens. Our tax advisors are highly experienced and have formerly held positions as high ranking positions at the National Tax Service (“NTS”) allowing us to have an insider understanding of the tax assessment process and know-how of how to handle contentious tax assessment matters.
We regularly provide tax assessment and tax litigation services including challenging tax assessments, litigating tax issues and asserting defenses to criminal charges. Our tax team comprises of both tax litigation attorneys with substantial trial experience, and former high ranking NTS officials. Although most tax controversies are resolved without litigation, we have extensive in-court experiences and strong capacity to represent clients in administrative appeals litigation to invalidate tax assessment and seek unjust enrichment claims in civil proceedings for any over paid taxes.
Our services include the following:
- Advising on corporate tax, transfer tax, and withholding tax issues.
- Due diligence review of tax liabilities in M&A transactions.
- Advising and reviewing on tax representations and warranties and assisting with review and drafting of tax covenants in M&A transactions.
- Obtaining authoritative interpretations from the National Tax Service and the Ministry of Economy and Finance.
- Representation in pre-assessment administrative appeals, including assistance with tax audits, and advocacy in “Review of Adequacy of Tax Imposition”
- Representation in post-assessment administrative tax appeals review by the NTS or the Board of Audit and Inspection, or request for adjudication by the Tax Tribunal.
- Representation in tax litigation in both civil and criminal courts at trial, appellate and constitutional court levels.
Our services include the following:
- Advising on corporate tax, transfer tax, and withholding tax issues.
- Due diligence review of tax liabilities in M&A transactions.
- Advising and reviewing on tax representations and warranties and assisting with review and drafting of tax covenants in M&A transactions.
- Obtaining authoritative interpretations from the National Tax Service and the Ministry of Economy and Finance.
- Representation in pre-assessment administrative appeals, including assistance with tax audits, and advocacy in “Review of Adequacy of Tax Imposition”
- Representation in post-assessment administrative tax appeals review by the NTS or the Board of Audit and Inspection, or request for adjudication by the Tax Tribunal.
- Representation in tax litigation in both civil and criminal courts at trial, appellate and constitutional court levels.
Our experiences include the following:
- Representation in tax litigation appealing the decision for correction of tax assessment levied against the Lonestar Fund, revocation of taxes imposed on Lonestar for permanent presence and seeking restitution for unjust enrichment on overpaid taxes.
- Representation in tax litigation seeking cancellation of income taxes levied against anonymously held Securities Company and Bank financial
- Representation of E-Mart, a major grocery store retailer, in tax litigation seeking cancellation and repayment of property taxes, and appeal against the refusal by NTS for re-assessment and correction of corporate income taxes.
- Representation of S Shipping Company in tax litigation seeking cancellation and repayment of corporate income taxes.
- Representation of Lotte Construction Co. Ltd. In tax litigation seeking cancellation and repayment of corporate income taxes.
- Advised UNIST (Ulsan National Institute of Science and Technology) in connection with donative share transfer on issues arising from the “Inheritance Tax and Gift Tax Act.”
- Korea Water Resource Corp. on tax issues arising from the establishment and operation of a social welfare not-for-profit cooperation under the “Inheritance Tax and Gift Tax Act.”
- Advised Samsung Seoul Hospital with respect to tax issues arising with respect to provisions relating to charitable donations.
- Advised a U medical foundation’s violation of Ex-Post Facto Administration Rules and Regulations under the “Inheritance Tax and Gift Tax Act.”
Our experiences include the following:
- Representation in tax litigation appealing the decision for correction of tax assessment levied against the Lonestar Fund, revocation of taxes imposed on Lonestar for permanent presence and seeking restitution for unjust enrichment on overpaid taxes.
- Representation in tax litigation seeking cancellation of income taxes levied against anonymously held Securities Company and Bank financial
- Representation of E-Mart, a major grocery store retailer, in tax litigation seeking cancellation and repayment of property taxes, and appeal against the refusal by NTS for re-assessment and correction of corporate income taxes.
- Representation of S Shipping Company in tax litigation seeking cancellation and repayment of corporate income taxes.
- Representation of Lotte Construction Co. Ltd. In tax litigation seeking cancellation and repayment of corporate income taxes.
- Advised UNIST (Ulsan National Institute of Science and Technology) in connection with donative share transfer on issues arising from the “Inheritance Tax and Gift Tax Act.“
- Korea Water Resource Corp. on tax issues arising from the establishment and operation of a social welfare not-for-profit cooperation under the “Inheritance Tax and Gift Tax Act.”
- Advised Samsung Seoul Hospital with respect to tax issues arising with respect to provisions relating to charitable donations.
- Advised a U medical foundation’s violation of Ex-Post Facto Administration Rules and Regulations under the “Inheritance Tax and Gift Tax Act.”