Tag: Non-compete agreements

Korean courts have invalidated numerous, non-compete agreements, reduced the amount of time of the non-compete period and/or have reduced liquidated damage amounts for violation of non-compete agreements.  Courts typically balance the freedom to work (an ability to work outside the specific field) with the significance of the interest in the employer to enforce the covenant not to compete. For an updated article on this issue from 2023 please see: Non-Compete Clauses in Korean Employment Agreements. The primary factors courts utilize

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