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Yulchon LLC logo
Yulchon is a full-service international law firm headquartered in Seoul, Korea. We employ over 520 professionals, including more than 60 licensed in…
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Yulchon LLC | South Korea | 8 Jun 2021

South Korea

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Yulchon LLC | South Korea | 11 Mar 2019

KFTC Adopts Amended Merger Review Guidelines for Greater Guidance in Reviewing Mergers in Innovation Industries

Effective Feb. 27, 2019, the Korea Fair Trade Commission (the “KFTC”) adopted an amended version of its Merger Review Guidelines, three months after…
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Yulchon LLC | South Korea | 22 Jan 2019

Workplace Bullying and Harassment Addressed in New Korean Laws

Definition of Workplace Harassment Workplace harassment will be defined as "an act of an employer or employee that causes physical or mental suffering…
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Yulchon LLC | South Korea | 8 Jan 2019

Amendments to the Network Act Coming into Effect in 2019

We will start off this year by discussing the key amendments to the Act on Promotion of Information and Communications Network Utilization and Data…
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Yulchon LLC | South Korea | 28 Dec 2018

Korea Trade Commission Finds Infringement in Nine Out of Ten Cases Investigated for IPR Related Violations

We present below a summary of the Symposium, including (i) a general introduction to KTC’s investigations for unfair trade practices (“KTC…
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Yulchon LLC | South Korea, United Kingdom | 28 Dec 2018

Court Dismisses Application Seeking Authorization for Securities-related Class Action against Samil PricewaterhouseCoopers

Seoul Western District Court recently rendered a decision dismissing an application by minority shareholders of Tongyang Networks Co., Ltd…
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Yulchon LLC | South Korea | 18 Dec 2018

Korea Strengthens Protections of Patents and Trade Secrets - Treble Damages, Changes in Burdens of Proof, and More

The Korean government has strictly regulated unauthorized disclosure or theft of technology, as well as a new category of the "theft of…
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Yulchon LLC | South Korea | 16 Nov 2018

KFTC Proposes Merger Review Standard for Innovation (R&D) Mergers and Big Data Mergers

In its notice of request for public comments dated November 16, 2018 (but posted on its website on November 12th), the KFTC announced its proposed…
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Yulchon LLC | South Korea | 6 Nov 2018

Corporate Restructuring Promotion Act: Reenacted to take Effect in Korea for the Next Five Years

On 16 October 2018, a new Corporate Restructuring Promotion Act("CRPA") was promulgated, with immediate effect. The CRPA was first enacted in 2001 as…
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Yulchon LLC | South Korea | 22 Aug 2018

Korean Ministry of Justice and KFTC to Abolish KFTC’s Exclusive Criminal Referral Right and Share Concurrent Jurisdiction over Hard-Core Cartel Conduct

In a ground-breaking development, on August 21, 2018, the Korean Ministry of Justice (KMOJ) and the Korea Fair Trade Commission (KFTC) signed an…
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