A side-by-side comparison of the CISG and South Korea’s Commercial Code on scope, trade usage, contract formation, preservation of goods, defect notification, and avoidance — with direct statutory citations.
A third party depositing enforcement-stay security in South Korea becomes a non-recourse mortgagor. Once the creditor’s preserved right is confirmed non-existent, the attachment must be cancelled.
The CISG governs contracts between contracting states in South Korea, and a “governed by Korean law” clause alone does not exclude it. Supreme Court 2021Da269388 explained.
Even with a labor law clause in the contract, South Korea courts may classify a branch manager as a delegated executive. Analysis of Supreme Court 2012Da10959 and Seoul High Court 2021Na2044662.
South Korea’s Subcontracting Act bars price cuts unless the primary contractor proves legitimate grounds. Case analysis of Seoul High Court 2020Nu64561.
South Korean law allows creditors to void patent assignments made to hide assets. Learn how fraudulent intent is presumed and how patents are restored through litigation under Korean civil law.
Korean exporters and importers facing contract disputes due to Hormuz Strait blockage can use force majeure clauses to limit liability. A South Korea corporate lawyer explains the step-by-step approach.
In South Korea, a contract can be formed through email or messenger exchanges without a signed document. Learn how Korean courts assess implied consent, with analysis of Seoul High Court Case 2021Na2049490.
If a supplier’s employee in South Korea had implicit authority to collect payment, transfers to third-party accounts may still discharge the debt. Implicit authority, embezzlement, and collusion analyzed.
Did a former shareholder open a competing business after selling shares in South Korea? The statutory non-compete under Commercial Act Article 41 applies only to business transfers. Learn the legal difference and how to protect yourself.
