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South Korea

Ius Laboris

South Korean Court Upholds Impeachment 

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On 4 April 2025, Korea’s Constitutional Court voted unanimously to uphold the National Assembly’s impeachment of President Yoon Suk Yeol for offences related to his declaration of martial law in December 2024....more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - Chaebols May Wabble but They Don’t Fall Down How Samsung Became 23% of South...

Chaebols are large, family-owned business conglomerates that play a significant role in South Korea’s economy. Some of the most well-known chaebols include Samsung Group, which is the largest chaebol, known for its...more

Eversheds Sutherland (US) LLP

President Trump’s “Liberation Day” Tariffs Come Into Force

On 2 April 2025, President Trump announced new tariffs on all imports into the United States. In this briefing, we summarise the key measures and the expected impact on global trade. The new “reciprocal” tariffs - The...more

Holland & Knight LLP

No April Fools' Joke: April 2 Tariff Actions Are Expected

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Reports have suggested that on April 2, 2025, President Donald Trump will likely announce reciprocal tariffs pursuant to the International Emergency Economic Powers Act (IEEPA) (50 U.S.C. 1701 et seq.) and investigations...more

Arnall Golden Gregory LLP

OFAC and KoFIU Sanctions Compliance for Financial Technologies Companies

As financial technologies companies expand operations across borders, understanding the sanctions regimes of both the United States and South Korea becomes essential. The U.S. Treasury Department’s Office of Foreign Assets...more

White & Case LLP

APAC Antitrust - Looking back at 2024 and forward into 2025

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2024 was a year of significant development in the APAC region. Competition regulators continued to flex their muscle in merger control and remain committed to tighter controls on big tech. Looking ahead to 2025, competition...more

Ius Laboris

South Korean Supreme Court Redefines ‘Ordinary Wages’

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On 19 December 2024, a unanimous South Korean Supreme Court partially overturned its 2013 ‘ordinary wage’ precedents, which may require many employers to revise their compensation practices....more

Environmental General Counsel PC

South Korea Models a Robust EPR Program and Hosts International Efforts at INC-5: An Interview with ELPS Founder SangYeol Park

As extended producer responsibility (“EPR”) programs unfold in several U.S. states, Environmental General Counsel is using its international connections within IR Global – a multi-disciplinary professional services network –...more

Holland & Knight LLP

Growth Likely on the Horizon for America's Shipyards in 2nd Trump Administration

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As the United States nears its 250-year celebration, what is old may be new again in the shipyard space. The uptick in shipyard-related legal and regulatory work during the Biden Administration has been notable and is...more

Ius Laboris

‘Renewal Expectations’ for Korean Contract Workers

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A ‘fixed term’ employment contract may not be as fixed as you might expect. A ‘fixed-term worker’ (also commonly referred to as a ‘contract worker’) is an employee who has signed an employment contract with a fixed term....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Cross-Border Catch-Up: Performance-Based Terminations of Employment in South Korea

Are performance-based terminations of employment possible in South Korea? The answer may lie in a recent Supreme Court of Korea case in which the employer obtained a favorable decision regarding the legitimacy of dismissing...more

Arnall Golden Gregory LLP

AGG Talks: Cross-Border Business Podcast - Episode 19: The Rise of Korean Investment in the Southeast U.S.

In this episode, Mike Burke, AGG Corporate partner and co-chair of the firm’s International practice, is joined by AGG International Arbitration partner Lance Lee to discuss Korea’s booming investment in the southeastern...more

Latham & Watkins LLP

Ruling Requires South Korean Government to Review Climate Targets

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South Korea’s Constitutional Court has issued a “first of its kind” decision in Asia, requiring South Korea to update its greenhouse gas reduction targets. On 29 August 2024, South Korea’s Constitutional Court (the Court)...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - August 2024 Updates

The Senate has yet to take action on the 21st Century Act (FIT21) (H.R.4763) which passed the House by a comfortable margin of 279-136 on May 22, 2024. FIT21 is a proposed landmark piece of legislation that would enact a...more

White & Case LLP

Asia Pacific antitrust update – July 2024

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As we move into the second half of 2024, the competition law landscape across the Asia-Pacific region continues to shift towards tighter regulation and increased enforcement. Faced with the intricate challenges of modern...more

Wiley Rein LLP

Former Government Employee Sue Mi Terry Arrested and Indicted for Violating Foreign Agents Registration Act

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Former government employee Sue Mi Terry has been arrested and indicted in New York for acting as an unregistered foreign agent of South Korea. Damian Williams, U.S. Attorney for the Southern District of New York, released the...more

White & Case LLP

AI Watch: Global regulatory tracker - South Korea

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South Korea's AI Act to act as a consolidated body of law governing AI once approved by the National Assembly. Laws/Regulations directly regulating AI (the “AI Regulations”) While there are no specific laws, statutory...more

Estlund Law, P.A.

Brazil, South Korea and Mexico: How INTERPOL is involved in the Rise of Cryptocurrency (Post 2 of 2)

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Our last post discussed the long-delayed emergence of cryptocurrency in cases wherein countries request INTERPOL’s assistance. Today’s post will discuss the specific instances of cryptocurrency cases....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Trending in East Asia: Digital Nomad Visas

The use of digital nomad visas is a new trend gaining momentum in East Asia. These visas give individuals the legal right to work remotely while residing away from their countries of permanent residence. ...more

Estlund Law, P.A.

China, South Korea, And The U.S.: How INTERPOL Is Involved In The Rise Of Cryptocurrency

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Today’s post will address the realities and implications of INTERPOL’s dealings with criminal cases involving cryptocurrency....more

Ius Laboris

Aftermath of the Election in South Korea

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After securing 192 seats in the national legislative election held on 10 April, the opposition coalition led by the Democratic Party will retain its majority in the 22nd National Assembly....more

Ius Laboris

New data protection rules in South Korea

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On 15 March 2024, an amended Enforcement Decree for South Korea’s Personal Information Protection Act came into effect. ...more

White & Case LLP

Information regarding the antidumping and countervailing duty petitions on Epoxy Resin from China, India, South Korea, Taiwan, and...

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The Petition - On April 3, 2024, the US Epoxy Resin Producers Ad Hoc Coalition ("Petitioners") filed antidumping duty ("ADD") and countervailing duty ("CVD") petitions on imports of epoxy resin from China, India, South...more

Husch Blackwell LLP

Petition Summary: Certain Epoxy Resins from China, India, South Korea, Taiwan, and Thailand

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On April 2, 2024, U.S. Epoxy Resin Producers Ad Hoc Coalition (hereinafter the “Coalition,” or “Petitioner”), filed a petition for the imposition of antidumping and countervailing duties on U.S. imports of certain epoxy...more

Fisher Phillips

More Countries Join the Digital Nomad Visa Club: A 4-Step Employer’s Guide to International Remote Work Requests

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Digital nomad programs are increasingly popular visa schemes that your company may want to explore as a perk for employees. These programs give employees the opportunity to legally live and work remotely in a country for a...more

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