The Amended Product Liability Act of Korea was published in April of 2017. This Korean Product Liability Act shall be promulgated in April of 2018. The major amendments to the Act are: Allows Judges to Award Punitive Damages; and Lowers the Burden of Proof. Punitive Damages in Product Liability Cases in Korea The present Korean Product Liability Law limits damage to the actual damages incurred, thus, not allowing a judge to award punitive damages. This reality has led to
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The Korean Law Blog by IPG Legal
Updates by English-Speaking Lawyers in Korea on Korean Law, Korean Legal System & Korean Law Firms. Dispute Resolution Law Firm of the Year. International Law Firm with offices in North America and throughout Asia
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