Korean Jurisdiction and Choice of Law Issues in Korean Agency Agreements

In the drafting and negotiation of a Korean commercial agency agreement between a principal located in one country and an agent located in another country, proper consideration needs to be given to governing law and jurisdiction. For an article on the specifics of Korean agency law, please see: Establishing Business with Korea via an Agent: Korean Agency Law Basics. Jurisdiction determines which country’s courts will hear any proceedings that may be brought in relation to the agreement, whilst governing law

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