The Hague Service Convention, also known as the Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters, is an international treaty that provides for the service of judicial and extrajudicial documents between countries. South Korea is a signatory to the Hague Service Convention, which means that documents must be served between South Korea and other signatory countries according to the provisions of the Convention. For another related article please see: Enforcement of Foreign Judgments in Korea. Under the Hague Service Convention,
Continue readingTag: International Lawyers in Korea
Sean Hayes was Rated a Top 100 Attorney
Heartiest congratulations to Attorney Sean Hayes for being recognized as one of the top 100 lawyers in South Korea by the Asia Business Law Journal. It’s a great achievement to be listed twice in their Top 100 Lawyers report and it’s a testament to his excellent work for clients in the country. The A-List report is available online for those interested. Attorney Sean Hayes has a broad range of experience. He is the head of a highly regarded dispute resolution law team in IPG Legal law firm
Continue readingEnforceability of NDAs in Korea
Non-disclosure agreements (NDAs) are legal in South Korea and enforceable. A legally enforceable agreement known as an NDA forbids the publication of sensitive information between two or more parties. In business dealings, employment contracts, and collaborations involving sensitive information, NDAs are frequently employed.NDAs may be subject to contract law or intellectual property law in South Korea. Confidential information and trade secrets are protected under the Korean Commercial Code (KCC) and the Korean Intellectual Property Office (KIPO). For an article on liquidated damages in NDAs please see: Liquidated
Continue readingKorean Arbitration: An Introduction
Korean Arbitration has come a long way since the ratification of the New York Convention in 1973. The Korean Commercial Arbitration Board (KCAB) went from a small organization handling a handful of cases to, now, an organization handling hundred of arbitration cases each year. The number of international arbitrations is, also, on the rise. This article shall give readers the backstory of how Korean arbitration as a dispute mechanism tool has developed over the years in Korea; review the key industries involved in arbitration; and provide a
Continue readingKorea Enhances its Scope of Eligible Persons under the Framework Act on International Development Cooperation: Korean Aide to Developing Countries
The Amendment to the Korean Framework Act on International Development Cooperation (hereinafter as “Act”) was proposed by the Korean Foreign Affairs and Unification Committee at the end of last year. The law intent is to improve the human rights of juveniles in developing countries by the establishment of a variety of international development cooperation programs for at risk and impoverished children. Main Objectives of the Korean Framework Act on International Development Cooperation The major purpose of the Act is to enhance “…the appropriateness of policies for international
Continue readingKorea Fully Legalizes the Usage of LPG as a Fuel for Vehicular Transportation
The Amendment to the Korean Safety Control and Business of Liquefied Petroleum Gas Act (“Liquefied Petroleum Gas Act” or “Act”) was proposed by the Korean Chair of the Trade, Industry, Energy, SMEs and Startups Committee on March 13, 2019 and shall become effective upon promulgation. The aforementioned Amendment enables the use of liquefied petroleum gas (“LPG”) as a fuel for vehicular transportation in the Republic of Korea via elimination of the restrictions on the use of LPG in vehicles. The existing Safety Control and Business of Liquefied
Continue readingNational Database of Training Programs for Overseas Medical Service Workers in Korea
The National Assembly of the Republic of Korea recently passed the bill Amending the Act on Support for Overseas Expansion of Healthcare System and Attraction of International Patients (hereinafter as “Amendment to the Act on Overseas Expansion of Healthcare”), which major goal is to establish and operate a national database of medical training programs for foreign medical service workers. The Amendment shall be in force at the end of 2019. History of the Korean Act on Overseas Expansion of Healthcare In the early 2000s, Korea focused on
Continue readingÜber IPG Legal
Unsere weltweit-erfahrenen und lokal-vernetzten englisch-sprachigen koreanischen Rechtsanwälte und Business Professionals unterscheiden sich bewusst von der Menge. Wir lieben es an den kompliziertesten und umstrittensten Rechtsfällen in Korea zu arbeiten und genießen es besonders vorausschauende und effizient gewiefte Rechtsberatung zur Verfügung zu stellen. Bewusst anders Wir unterscheiden uns bewusst von anderen koreanischen Rechtsanwaltskanzleien. Koreanische Rechtsanwaltskanzleien werden oft für ihren Mangel an Bereitwilligkeit oder der Fähigkeit, eine effiziente, proaktive und konfliktlösende Rechtsvertretung für Klienten zur Verfügung zu stellen, kritisiert. Klienten und internationale Rechtsanwaltskanzleien kommen oft zu IPG, nachdem sie
Continue readingSean Hayes Invited to Chair Panel for Horasis Foundation
Sean Hayes shall chair a panel for the Horasis Foundantion’s Conference in Seoul, Korea. The Horasis Foundation shall hold the conference on September 22 to the 24th. The Conference is entitled: Entrepreneurship: Balancing Disruption and Consent. Participants at the conference shall include the Chairman of Hansol, the UN Special Envoy for Disaster Risk Reduction, Chairmen of two leading Indian pharmaceuticals, the Chief Investment Officer for IFC, a Vice Minister of Foreign Affairs, a former Prime Minister of Japan, a Former Prime Minister of Korea, the Vice Chairman
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