A blog referred to me by the China Law Blog has a wonderful post on Developing Trust in China by Building Trustworthy Systems/Processes. The same advice given in this blog post is relevant to work done in Korea, Southeast Asia, China and even the West. We believe that the verification of the developing and implementation of these system is, often, necessary before building a joint venture relationship with a Korean company. The value of building systems is not to beContinue reading
Tag: Joint Ventures
So you want to do business in Korea? Listen to my Mother. Korean Joint Venture/Partnership Basics
My wise mother once told me to: look both ways before crossing the street; carry an umbrella to school in the spring; and don’t go out alone at night. The advice can go along way when doing business in Korea or even in most parts of the world. Getting involved in business in Korea is unwise without due diligence (Look both ways before crossing the street), carefully drafted shareholder agreements (carry and umbrella in the spring) and some Korean know-howContinue reading
Listen to My Mother: JVs in Asia
The following article was written for the Korean language Legal Times. My mother often told me, when I was much younger, to look both ways before crossing the street, carry an umbrella in the spring, and don’t go out alone in the dark. The advice can go a long way for Korean companies doing business outside Korea. and for expats doing business in Korea. As we all know, Korea companies and many foreign companies lament over the fact that itContinue reading
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