English-speaking Korean lawyers and International Lawyers at International Law Firm in Korea discussing issues of Korean Law

IPG Legal is a leading client-focused international law firm with offices in Korea that is, often, selected over the ubiquitous Korean Law Firms when success is essential and success depends on nuanced street-smart advice, proactive  and unconflicted representation. Our attorneys are, intentionally. different from the crowd.  From our retired judge partners to our junior associates, we are all trained with an intense focus on client success, lawyer proactivity, and to understand the nexus between your commercial and legal needs. Our attorneys shall never push to you useless memos, non-nuanced legal advice or get you into litigation without an honest assessment of

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Korea Notarizations, Apostille, Powers of Attorney, Consularizations, Legalizations of Korean Translations and Documents

Our Korean lawyers at our law firm in Korea receive numerous emails requesting our services in assisting with either legalization of a Korean translation for use in court, authentication, notarization or apostille of a Korean, Chinese, American, British, French, German, Russian or other country document for either use in Korea or use in another country. We, normally, receive these calls from a fellow attorney, a financial institution or an individual with the need for an important document to be “legalized” for an important transaction.  Many times these documents are required for foreign or Korean courts, administrative agencies and quasi-government institutions.

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Korea’s Blundering Natural Resource Development Policy

The Korean government has aggressively attempted to secure oil, coal and other energy resources through aggressive acquisitions and explorations. However, in large part, the major ventures have failed because of a lack of foresight, inexperience and, most critically, the active use of inexperienced Korean advisors (Korean lawyers and consultants). Some of the projects sold to the Korean government were nothing more than scams. The Korean government is still hell-bent on not having the active involvement of experienced non-Korean advisors. The government is also not willing to spend the needed money necessary to properly conduct feasibility studies. I hope that the

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UN Green Climate Fund to be Headquartered in South Korea

The United Nations has chosen Korea as the host nation of the Green Climate Fund.  Korea beat out Germany, Mexico, Nambia, Poland and Switzerland.  The U.N. Green Climate Fund was first initialized through the 15th Conference of Parties’ Copenhagen Accord.  The Copenhagen Accord led the way to the Cancun Agreement that created the fund and the 2011 UN Climate Change Conference that set the fund in motion. The official purpose of the fund is to: “support projects, programs, policies and other activities in developing country Parties using thematic funding windows.”  The initial budget of the Fund is anticipated to be

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Korea Aggressive Energy & Natural Resources Program: Locking Up Australia’s Rare Earth Minerals

Arafura, an Australian resources company, has reported that it has executed a non-binding agreement with a major Korean construction company to supply to the company rare earth minerals.   The company will provide, according to the company, a viable option to the Chinese rare earth minerals and the Chinese governments increasing grip over these resources.  Most involved in the energy and natural resources industry know who the Korean conglomerate is, but I will refrain from mentioning the name until it is officially reported. The company and other Korean companies have been aggressively attempting to secure resources throughout Asia, the Middle East

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Korea’s Carbon Credit Inititative: Korea Fastest Growing Producer of Carbon in Developed World

Bloomberg posted an article today on the possibility of Korea passing a carbon trading bill.The Bloomberg articles notes that: We believe the bill will be passed” as long as lawmakers schedule a vote after the elections, Young Soo Gil, chairman of the Presidential Committee on Green Growth, told reporters today in Seoul. Lawmakers unexpectedly delayed voting on the bill on Feb. 27, even after Asia’s fourth-largest economy agreed to push back the program’s start by two years to 2015 as the largest companies said it will hurt competitiveness. The government is working to reschedule the vote, with a target of

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Korea’s Proactive Energy and Natural Resources Policy: Another Failed Venture?

The Korean Administration has taken a great deal of flack from politicians, the media and the population because of many failed overseas energy and natural resources projects. The criticism is justified, but the bold efforts should be welcomed and fostered.   I wish the U.S. government would take a much more proactive stance as is being taken by China, Korea and India. The most recent efforts on the part of the Korean government is to secure a consistent and predictable supply of rare earth minerals.  97% of the mined supply is controlled by the Chinese.  The target for the Korean

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Bill Sought to Limit FDI in Key Sectors

Korea Times Feb. 22, 2007 By Kim Yon-seStaff ReporterA group of lawmakers and policymakers are moving to legislate a law aimed at placing restrictions on foreign investment in some key industries. The move is aimed at blocking takeover attempts in the weapons, energy and steel sectors and other high technology areas that have some comparative advantages.The Ministry of Commerce, Industry and Energy (MOCIE) is reviewing the bill in consideration of national security concerns. Last year, Rep. Lee Sang-kyeong of the governing Uri Party came up with the bill, representing a group of lawmakers from the ruling and opposition parties. Lee

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