Hyundai Motor Company, Kia agree to pay 270 billion won in US ‘theft challenge’ class action lawsuit
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Hyundai Motor Company and Kia have agreed to compensate victims in the amount of approximately 200 million dollars (approximately 270 billion won) in connection with a class action lawsuit against vehicle theft in the United States. The two companies faced a class action lawsuit from victims of a series of vehicle thefts in the United […]
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 […]
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 […]
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, […]
[2023 법률쟁점-공정거래] Keep an eye on online platform policies and the possibility of strengthening new regulations, etc.
[2022. 12. 19] – Keep an eye on online platform policies and the possibility of strengthening new regulations – ‘charge application system’ incidents are expected to increase from the Ministry of Small and Medium Enterprises and Start-Ups… More Corporate Criminal Risk – Keep an eye on the trend of the enforcement ordinance of the supply […]
