Weekly Korean Legal News from International Law Firm – IPG Legal

This Week’s Korean Legal News Reported by the Media Korea, India agree to upgrade trade pact, diplomatic relations Samsung breaks mold in hiring POSCO speeds up CEO search FTC to toughen rules against patent trolls U.S. businesses hope for seats on Korea’s creative economy team Hyundai Amco, Engineering to merge after tax audit New AMCHAM leader calls for deregulation Most Recent Posts from The Korean Law Blog Playing by Local and/or International Rules in Korea by Tom Coyner Proposed Amendment

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Weekly Korean Legal News from International Law Firm – IPG Legal

This Week’s Korean Legal News Reported by the Media More benefits for foreign R&D centers S. Korea’s ICT exports, trade surplus reach record highs in 2013 Red tape may be lifted on Seoul investment Samsung chairman to host gathering with staff BOK freezes key rate for 8th straight month in Jan LG fined for unfair business practice Asiana Airlines wins best int’l air carrier awards in China Most Recent Posts from The Korean Law Blog Mastering Business in Korea: A

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Mastering Business in Korea: A Practical Guide by IPG’s Commercial Advisor

IPG is proud to, again, recommend a book written by the Tom Coyner a Senior Commercial Adviser for IPG. The following is recommendations from the foreward to Mastering Business in Korea: A Practical Guide. Nick ReillyFormer President of GM Asia-Pacific This book is written with the expatriate business professional in mind. Korea is reputed to be a tough place to do business, but much of that reputation is unfair. Well-meaning and experienced foreign businesspeople routinely make serious errors that ultimately

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You can Succeed in Korea without Resorting to Bribery?

The following is a post by Tom Coyner a Senior Adviser to IPG. Perhaps in a few warped ways, I have a bit of affection for the Foreign Corrupt Practices Act, which bars American companies from bribing officials overseas. From a nostalgic perspective, I recall when this act was made into law while I was at my first “real job” at The Chase Manhattan Bank in Seoul. The immediate reactions around me in the US business community were those of

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Selling in South Korea: For your Sales & Marketing in Korea – Distributor Needed? by Tom Coyner

Indirect selling can be one of the least expensive and lowest risk strategies. Among American firms selling into Korea are offshore companies that use local distributors. Often, foreign companies organically grow their operations throughout Asia by contracting local companies before setting up a representative office and hiring their own local staff. This approach offers obvious advantages, but also contains many hidden pitfalls. Before entering into any kind of international distribution agreement with a Korean distributor, for example, it may be

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Weekly Korean Legal News from International Law Firm – IPG Legal

This Week’s Korean Legal News Reported by the Media Consumers to feel weight of public fee hike Renault Samsung sales down 15.1 pct in 2013 POSCO launches ‘big data’ system Parcel rates to rise by 500-1,500 won Chicken ‘hallyu’ in offing Exports Could Reach US$600 Billion in 2014 Tourism Deficit Expected to Hit 3-Year High in 2013 Most Recent Posts from The Korean Law Blog Can Koreans Perceive Foreigners as Part of the Tribe? by Senior Advisor Tom Coyner USPTO

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Sean Hayes and IPG Legal Wish You a Happy New Year

Sean Hayes and all of us at IPG Legal wish you a safe, happy and prosperous New Year.  _________Sean Hayes may be contacted at: SeanHayes@ipglegal.com. Sean Hayes is co-chair of the Korea Practice Team and Entertainment, Media and New Tech Law Team at IPG Legal. He is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty. He assists clients

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Weekly Korean Legal News from International Law Firm – IPG Legal

This Week’s Korean Legal News Reported by the Media Economy forecast to grow 3.9% in 2014 Smartphone market faces transition Samsung brothers seek reconciliation Talks between rail workers, management break down GS-LG consortium to buy shares in STX Energy Seoul shares inch up on Wall Street gains OECD education report: Korea’s school system a pressure cooker for children Most Recent Posts from The Korean Law Blog “Ordinary Wages” Under Korean Law Clarified by the Supreme Court: “Regular, Uniform & Flat”

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Happy Holidays from IPG Legal

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Weekly Korean Legal News from International Law Firm – IPG Legal

This Week’s Korean Legal News Reported by the Media Korea boosts market vigilance ‘Energy management market next big thing in Korea’ ‘No Truth’ in Rumors About Jang Song-taek Affair with 1st Lady Korean Airlines Submit Flight Plans to Beijing KBS wants to tax your smartphones Hyundai union workers told to pay W9 billion Financial hub: pipe dream for Korea? Most Recent Posts from The Korean Law Blog Drinking Culture in Korea Explained by Tom Coyner Korean Small Business Partnerships/Joint Ventures:

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