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Employer obligations in MERS outbreak and other public-health emergencies

South Korea - June 10 2015 Korea is currently in the grip of an outbreak of Middle-East Respiratory Syndrome (MERS). As of June 10, 2015, six (6) patients have died from MERS…

Lee, Soojung, Cho, Sang Wook.

Supreme Court reverses and remands in GM ordinary-wage case - finds lower courts failed to adequately consider whether GM can assert a “good faith” defense.

South Korea - June 2 2014 On May 29, 2014, the Supreme Court delivered its decision in the General Motors ordinary-wage case (Sup. Ct. 2012 Da 116871, decision of May 29…

Raymond M. Kang, Lee, Soojung, Cho, Sang Wook.

Korean Ministry of Employment and Labor publishes new Guidelines on ordinary wage

South Korea - January 24 2014 On January 23, 2014, the Ministry of Employment and Labor ("MOEL") published its guidelines (the "Guidelines") for labor-management negotiations on…

Lee, Soojung, Cho, Sang Wook.

Supreme Court en banc decision says regular bonuses are part of ordinary wage: key points and implications

South Korea, USA - December 19 2013 Yesterday, Korea's Supreme Court issued a landmark en banc decision that finally ended the lengthy dispute over whether regular bonuses should be…

Park, Jae Woo, Cho, Sang Wook.

Accounting regime reforms to change external audit for Yuhan Hoesas (Limited Liability Companies) and other entities

South Korea - November 1 2013 As part of the reform of transparency in accounting, the Korean government announced that it would submit a proposal for amendment (the "proposal")…

Soo-Jeong Ahn, Jeong Mo Koo, Jo, Joon Yung.