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Prager Dreifuss
The session was chaired by Sverker Bonde (Advokatfirman Delphi, Stockholm) who had invited a distinguished group of panellists to provide insights and strategies for a company in a corporate crisis.
Sheppard Mullin Richter & Hampton
The world as we knew it just a few months ago in January, when we last spoke with our Asian-markets expert Paul Kim, has completely changed.
Wilson Elser Moskowitz Edelman & Dicker LLP
Approximately 16,000 foreign companies are doing business in Korea in various industries including finance, technology ...
TMF Group
Following amendments to an act ("The Act on External Audit of Stock Companies, etc") on October 31, 2017, many joint stock and limited companies operating in South Korea now have to face mandatory external audits.
Yulchon LLC
On June 3, 2017, Korea's version of the "Sunshine Act" will go into effect.
Yulchon LLC
On February 4, 2016, the National Assembly of the Republic of Korea passed the "Special Act on Revitalizing Companies," which is commonly referred to as the "One-Shot Act"...
Lee & Ko
On April 14 2016, the MOSF also issued an administrative notice (the "Notice") setting forth the guidance on how and by whom the CRITI may be prepared and filed.
Bae Kim & Lee PC
The Korean Fair Trade Commission (KFTC) reviewed its overall fair trade regime in 2006 and proposed a total of 34 items to amend in the Monopoly Regulation and Fair Trade Act (Fair Trade Act) and its Enforcement Decree.
Bae Kim & Lee PC
A recent ruling of the Korea Fair Trade Commission (KFTC) imposed substantial surcharges on six construction companies for collusion, finding that each of these companies conspired to bid for different sections of a construction project into which the construction works were divided and for which separate bids were procured.
Bae Kim & Lee PC
Under Korean law, a third party (a shareholder, parent or affiliated company) that is closely related to a company that is found have violated the MRFTA may be considered directly or indirectly liable for such company’s violation
Bae Kim & Lee PC
Ruling confirms long-suspected risk of liability for directors and officers in approving use of target company assets as security for acquisition financing.
Bae Kim & Lee PC
Korea has seen a dramatic increase in international commercial disputes in recent years. Among these, post-M&A deal disputes have become increasingly common and acrimonious. As the authors detail below, a historically unique set of circumstances set the stage for this swift rise in international disputes in Korea.
Lee & Ko
In principle, the consideration for a tender offer under the Securities and Exchange Act ("SEA") is cash. However, it is not clear whether a tender offer in exchange for other securities, i.e. an "exchange offer", is also permitted under the SEA. If a tender offer in exchange for new shares of the purchaser is permitted as a form of exchange offer, then such structure would be very favorable to the purchaser in that he is relieved of the burden of procuring cash, while the tender offeror also ha
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