A shareholder deadlock in Korea can lead to court-ordered dissolution when the conflict prevents normal business operations, causes or threatens irreparable harm, and leaves no realistic alternative for protecting the shareholder’s interests. Equal ownership alone, however, does not automatically provide grounds to dissolve a company. On June 26, 2026, the 10th Civil Division of the Suwon High Court, in Case No. 2025Na13796, dismissed a company’s appeal and upheld a judgment ordering its dissolution. The dispute involved two business partners who each owned 50% of the company’s shares
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IPG Legal Expands Its International Legal Publishing Presence Through Lexology
IPG Legal expands its role as a source of English-language analysis on Korean law through its publication and presence on Lexology, one of the world’s leading platforms for international legal commentary, research, and professional legal updates. Lexology publishes legal analysis from more than 900 law firms and professional-service providers worldwide, covering more than 50 practice areas in 25 languages. Its searchable database contains more than one million articles and resources addressing legal developments across jurisdictions. IPG Legal now maintains a dedicated firm presence on Lexology, where its
Continue readingIPG Legal’s South Korea Office: Leading International Law Firm in Korea
Korea is one of the most dynamic markets in Asia with a complex and ever-changing legal landscape. Korean regulators move quickly, Korean courts are sophisticated, and legal risk in Korea often shows up in places foreign businesses don’t expect: labor disputes that become criminal complaints, data incidents that trigger parallel investigations, shareholder conflicts in tightly held companies, or cross-border family and inheritance matters with assets in multiple jurisdictions. IPG Legal is built for that environment. We are an international law firm with a substantial practice in Korea
Continue readingJurisdiction of the Korean Constitutional Court and Korean Supreme Court
This is an article that was written by Sean Hayes and appeared in the Korean Times on 10/04/2007 concerning the jurisdiction of the Korean Constitutional Court and the Korean Supreme Court. Sean Hayes is the first non-Korean attorney to work for the Korean government. Dear Professor Hayes: I am studying Korean Law at SNU as an exchange student. I am wondering what is the difference between the function of the Supreme Court of Korea and the Constitutional Court of Korea and which court is the higher court.
Continue readingIPG Legal Rated Among the Top Law Firms in Korea
KoreaTechDesk, a leading source of news on the Korean Startup Ecosystem, listed IPG Legal among the top 11 Korean law firms. KoreaTechDesk is a news website covering the growing business startup industry in South Korea. It is one of the leading sources of English-language content on Korean startups and growing businesses. Korea’s Top Law Firms The website notes on its list of Top Korean Law Firms that: IPG Legal professionals are consistently ranked in legal and business publications as top lawyers and business professionals with global experience and local connections.
Continue readingHappy Chuseok from all of us at IPG Legal Law Firm’s Seoul, Korea Office
We here at IPG Legal Law Firm wish you a safe and happy Korean Thanksgiving. Our office shall be closed for the week of October 6, 2025, in celebration of the Chuseok holiday. If you would like a consultation with Sean Hayes from IPG Legal, please schedule a call at: Schedule a Call with Attorney Sean Hayes.
Continue readingShareholder Rights Disputes under Korean Law: Key Korean Supreme Court Cases
Shareholder disputes in Korea often revolve around a few recurring issues. The primary jurisprudence on shareholder disputes in Korea pertains to access to information, the duty and liability of directors, the fairness of control-related issuances, and exit/value protection through appraisal rights. For more information on Korean Corporate Law, please see: IPG Legal’s Korean Corporate Law and Compliance Archive. Below is a practical roadmap and guide based on recent and leading Korean Supreme Court holdings. Access to Information: Books & Records (KCA art. 466) in Korea In Korean
Continue readingKorean Divorce & Marital Separation Checklist
The following is a Korean divorce./marital separation checklist that may be useful for those negotiating a marital separation agreement in Korea. We highly recommend utilizing a marital separation agreement, as the standard Korean judgment doesn’t address specific issues that may arise in the future, including pension and social security, which are typically addressed in a marital separation agreement. For additional articles on Korean Family Law, please see: IPG Legal’s Family, Divorce & Custody Law Archive. The average Korean lawyer who rarely handles divorces for foreigners is often
Continue readingKorean Workplace Sexual Harassment under the Korean Labor Standards Act
The Supreme Court of Korea, in May of 2025, ruled on a pivotal case concerning the law of Korean workplace sexual harassment. Please note that companies in Korea have, also, been sued by alleged victims of workplace sexual harassment in Korea for, among other things, lack of supervision of management employment, not putting adequate protocols and rules in place, and otherwise not providing a hostile-free workplace. For additional articles on Korean Labor & Employment Law please see: IPG Legal’s Labor & Employment Law Archive and IPG Legal’s
Continue readingJurisdiction for Custody in International Divorces: Nationality-Based Jurisdiction under Korean Law
In an increasingly globalized world, family disputes involving dual-national children often transcend borders, creating complex jurisdictional challenges. One such challenge arises in custody battles between a Korean parent and another national parent with a Korean Dual-National Child (All children born to a Korean parent have Korean nationality). IPG Legal is often retained in complex jurisdictional disputes in custody, child abduction, child support, and other family law matters. The major challenge in navigating these issues is the understanding of Korean Law, and also the law of the residence
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