A full explanation of refixing (conversion price adjustment) in South Korea. Full ratchet vs. weighted average, a worked example, the listed-company downward floor of 70% and the 2021 upward-refixing rule, accounting effects, and founder negotiation points.
A guide to the bond with warrant (BW) investment agreement in South Korea. How it differs from a convertible bond, detachable vs. non-detachable warrants, the exercise price, and founder cautions, with the 2026 KVCA standard form to download.
A guide to the convertible bond (CB) investment agreement in South Korea. Covers maturity, interest, conversion price and period, conversion price adjustment (refixing), early redemption (put), how it differs from equity, and founder cautions, with the 2026 KVCA form.
A guide to the common stock Investment Agreement and Shareholders Agreement in South Korea. How common stock differs from preferred stock, how the Shareholders Agreement supplements investor protection, and cautions, with the 2026 KVCA standard forms.
A guide to redeemable convertible preferred stock (RCPS), the most widely used instrument in Korean venture investment. Covers redemption triggers, redemption price and source, the SPA and SHA, and founder cautions, with the 2026 KVCA standard forms.
A clause-by-clause guide to the convertible preferred stock (CPS) Investment Agreement and Shareholders Agreement in South Korea. Covers preferred dividends, conversion rights, refixing, and consent rights, with the 2026 KVCA standard forms to download.
The 2026 revision of South Korea’s standard venture investment contracts (KVCA) splits the deal into a Stock Purchase Agreement (SPA) and a Shareholders Agreement (SHA). Here is what changed and why, with all eight contract forms available to download.
Under South Korean law, a “sales agency agreement” label does not make a party a commercial agent. Courts decide by substance: a party that resells on its own account is a distributor (Supreme Court 2011Da28342). Learn the differences in commission, inventory risk, and the compensation claim.
Can a CEO in South Korea be liable for a cartel they never knew about? Atlas Legal analyzes four landmark Supreme Court rulings on director oversight and internal control obligations.
Two April 2026 Supreme Court of Korea rulings split outcomes at the same steel mill. A Korean lawyer explains the five-factor dispatch test and audit priorities.
