Korea Commercial Arbitration Board Recruiting New Arbitrators in 2023
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Korea Commercial Arbitration Boardreceive support for the recruitment of new arbitrators by the 28th. The main recruitment areas are △ construction (equipment, wind power generation, public works, etc.) △ information communication (software), including △ industrial machinery, OA automation field, etc. Application qualifications: △In the case of the legal profession, those who have obtained the qualification […]
FTC and Hanwha, ‘conflict’ over business combination
Fair Trade Commission (Chairman Han Ki-jeong)Reviewing the four-month business combination review between Hanwha and Daewoo Shipbuilding & Marine Engineering, the Fair Trade Commission and Hanwha show differences in their views, starting with discussions on remedial measures that will be a condition for the business combination , and even set the limits of competition. However, there […]
‘Chairman Hyun Jeong-eun won 170 billion won’ Schindler Group, application for compulsory execution to the Supreme Court
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Schindler Group, an international elevator company that received a verdict won 170 billion in a lawsuit against Hyun Jeong-eun, chairman of the Hyundai Group, has entered mandatory enforcement procedures. On the 5th, an attorney from Kim & Chang Law Firm, acting as Schindler’s agent, applied to the Supreme Court for the granting of an execution […]
Release of Implementation Guidance for the Electric Vehicle Tax Credit of the US Inflation Reduction Act of 2022
[2023.04.06.] I. Background and Significance of the US Inflation Reduction Act of 2022 On March 31, 2023, the US Treasury Department passed the Inflation Reduction Act of 2022, “IRA”) Notice of Proposed Rulemaking, “Electric Vehicle Tax Creditthis guide“)[1]publish This guidance incorporates the “IRA Electric Vehicle Tax Credit White Paper” published by the US Treasury Department […]
The legal ‘big market’ was opened up in cases such as inheritance and property division
A ‘big market’ is opening up in the legal profession regarding housework issues such as inheritance, division of property and inheritance. Amidst family business succession, inheritance disputes, and divorce proceedings among the family of business owners, legal disputes are intensifying as large law firms and world-class lawyers become involved as agents. In the recent inheritance […]
Even after the SM takeover battle ended, the Financial Supervisory Service continues to investigate allegations of market manipulation.
Although the SM acquisition battle between Hive and Kakao has ended, it is known that the Financial Supervisory Service continues to investigate violations of the Capital Markets Act, such as market price manipulation related to the scale purchase of SM stocks big Financial Supervisory Service (President Lee Bok-hyeon)announced on the 17th that it would continue […]
(LG Family Inheritance Dispute) Family files suit for inheritance recovery against Chairman Koo Kwang-mo
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LG Group Chairman Koo Kwang-mo’s mother and younger sisters filed a lawsuit for inheritance recovery against Chairman Koo, saying, “Let’s share the legacy left by the late Chairman Koo Bon-moo.” On February 28, Koo’s mother, Kim Young-sik, and his younger sister, Koo Yeon-kyung, CEO of LG Welfare Foundation, and Koo Yeon-soo, filed a lawsuit for […]
SM shareholders meeting agenda revealed… Court battle begins
As the agenda for SM Entertainment’s shareholder meeting is announced and the first court battle begins, the dispute over SM’s management rights is intensifying. When SM Entertainment announced the agenda for the shareholders’ meeting to be held in March on the 22nd, SM’s current board of directors and the directors recommended by former executive producer […]
SM Disposal of new stock/convertible bonds inquiry date ‘court battle’
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On the 22nd, former SM executive producer Lee Soo-man and current SM management held their first court battle at the Seoul Eastern District Court in Munjeong-dong, Songpa-gu, Seoul, over new stocks and convertible bonds that SM Entertainment decided to allocate . to Kakao. On the 22nd, the 21st Civil Division of the Seoul Eastern District […]
(Exclusive) SM board candidates revealed… Yoonjoong Jang, CEO of Kakao Enter US Corporation, as a candidate for other non-executive directors
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SM Entertainment announced the agenda for the 2023 regular shareholders meeting and revealed candidates for internal directors. Instead of Bae Jae-hyun, head of Kakao Community Investment, who had originally decided to recommend him as a candidate for other non-executive directors when signing a business cooperation agreement with Kakao, Jang Yoon-joong, CEO of Kakao Entertainment America, […]
