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Consequences of altered use of a registered mark by licensees

  • Lee & Ko
  • -
  • South Korea
  • -
  • May 31 2013

On May 26, 2011, the Supreme Court, in Lacoste v. Crocodile International rendered a decision ordering cancellation of Crocodile International Pte

Comprehensive export of the Korean Medical System to Saudi Arabia

  • Lee & Ko
  • -
  • Saudi Arabia, South Korea
  • -
  • April 30 2013

Under the so-called "Medical System Twinning" project, Korea will make a comprehensive export of its medical service systems to Saudi Arabia. The

Government: “no capital gains tax on derivatives”

  • Lee & Ko
  • -
  • Canada
  • -
  • March 25 2013

On September 28, 2012, the government submitted to the National Assembly a draft amendment to the Securities Transaction Tax Act to introduce a

Reporting of foreigners’ investments by types of securities

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

The Ministry of Strategy and Finance amended the Foreign Exchange Transactions Regulation on December 5, 2012 so that reporting by banks, brokers or

Severance benefit applicable to all types of workplaces starting January 1, 2013

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

Effective as of January 1, 2013, employers of a workplace with four or less employees are required also to pay severance benefit, in the amount equal

Even the competent authority may not demand reduction of a toll

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

On November 14, 2012, the Korea Commercial Arbitration Board ("KCAB") decided that even the competent authority granting a right to carry out a

Enactment of the Act on financial institution’s issuance of covered bond being processed

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

The Financial Services Commission (the "FSC") released a draft of the Act on Financial Institution's Issuance of Covered Bond (the "Draft") on

The Korea Exchange’s plans for 2013 (overnight US dollars futures, volatility index futures, CCP license)

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

The KRX plans to expand its overnight market, whose current offering is limited to KOSPI 200 futures and options, to include US Dollars futures. To

Increase in the reward for cartel whistleblowers

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

The Korea Fair Trade Commission ("KFTC") revised the Guideline on Reward to Whistleblowers (hereinafter, "Reward Guideline") for enforcement starting

En banc decision from the Supreme Court ruled that the infringement court may rule on the invalidity of a trademark

  • Lee & Ko
  • -
  • South Korea
  • -
  • March 25 2013

On October 18, 2012, the Supreme Court ruled, en banc that even before the invalidity of a trademark is confirmed, where there is a clear case of