Contents 1. What Counts as Smuggling Under South Korea’s Customs Act? 2. Will I Have to Pay Customs Duties, VAT, and Surcharges? 3. How Does Forfeiture Work in South Korea Customs Cases? 4. What Happens When There Are Multiple Defendants? 5. Can Buyers of Smuggled Goods Be Prosecuted in South Korea? 6. When Is a…
Table of Contents 1. Scope of Application: Place of Business vs. Merchant Status 2. Incorporation of Trade Usage: Usage vs. Commercial Custom Law 3. Contract Formation: Offer, Acceptance, and Duty to Respond 4. Preservation of Goods: General Duty vs. Specific Statutory Provisions 5. Buyer’s Duty to Inspect and Notify Defects 6. Avoidance of Contract: Notice…
Table of Contents 1. What Is Provisional Attachment Cancellation Based on Changed Circumstances in South Korea? 2. What Are the Liability Limits of a Third-Party Security Depositor in South Korea? 3. How Does South Korean Law Define a Creditor’s Rights Over Enforcement-Stay Security? 4. Why Did the South Korean Court Cancel the Provisional Attachment in…
Table of Contents 1. What Was This Case About? 2. What Is the CISG and When Does It Apply in South Korea? — Does a “Governed by Korean Law” Clause Exclude the CISG? 3. If the CISG Applies, Does It Also Govern the Statute of Limitations? 4. Does Silence on Governing Law Mean Korean Law…
Table of Contents 1. Can a Corporate Officer in South Korea Also Be an Employee? — The Legal Standard 2. What Facts Do South Korean Courts Examine to Distinguish Executives from Employees? 3. Why Are Foreign Company Branch Managers in South Korea Particularly Likely to Be Classified as Executives? 4. Are Non-Registered Executives Also Outside…
Table of Contents 1. Is Reducing a Subcontract Price Permitted in South Korea? 2. What Types of Reductions Are Categorically Prohibited Under Article 11(2)? 3. How Do South Korean Courts Assess Voluntary Consent? 4. When Is a Raw-Material-Based Price Reduction Legitimate in South Korea? 5. How Have South Korean Courts Treated Exchange-Rate-Based Reductions? 6. What…
Table of Contents 1. Are Patents Subject to Fraudulent Transfer Claims in South Korea? 2. How Is Fraudulent Intent Established in South Korea? 3. How Are Multiple Asset Disposals Assessed in South Korea? 4. Can a Patent Transfer Made to Settle Debts Still Be Voided in South Korea? 5. How Are Patents Restored After a…
Table of Contents 1. What Does a Force Majeure Clause Actually Cover in South Korea? 2. Which Governing Law Determines Whether Force Majeure Applies? 3. How Should South Korean Exporters Respond Step by Step? 4. What Are the Risks of a Failed Force Majeure Defense? 5. Where Can Korean Companies Get Legal Support on the…
Table of Contents 1. Does South Korean Law Require a Signed Contract? 2. What Did the Seoul High Court Rule About Email Contracts? 3. In What Three Situations Can an Email Exchange Form a Contract in South Korea? 4. How Do South Korean Courts Evaluate Implied Consent? 5. How Can Foreign Businesses Protect Themselves in…
Table of Contents 1. How Does South Korea Law Treat Implicit Payment Authority? 2. When Does South Korean Law Recognize Discharge Even Without a Written Authorization? 3. What Factors Do South Korean Courts Examine to Find Implicit Authority? 4. Can a Supplier Re-Claim Payment After Its Employee Is Convicted of Embezzlement in South Korea? 5….
