Rehiring After the Retirement Age in Korea
In South Korea, rehiring after the retirement age is the employer’s prerogative — unless an established practice has created a legitimate expectation.
-
-
Built Exactly as the Drawings Said, and a Defect Appeared — How Far Does a Contractor’s Liability Reach in South Korea
Under South Korean law a contractor that builds to the design drawings bears no warranty liability, and a 2026 judgment extended that reasoning to negligence in tort.
-
Inheriting Cooperative Equity in South Korea
A South Korean cooperative member is automatically withdrawn on death; the equity refund vests in each heir by statutory share. One heir may claim alone.
-
Holdover Tenant and Landlord Self-Help in South Korea
Under Korean law a tenant’s holdover possession is lawful until the security deposit is exhausted by accrued rent, after which it becomes a tort. A landlord who cuts utilities or changes the door lock code faces criminal liability and may forfeit rent for that period.
-
Commercial Lease Termination for Rent Arrears and Rent-Waiver Enforceability in South Korea
Two Supreme Court of Korea rulings from June 2026 explain when a landlord may terminate a commercial lease for three periods of rent arrears, and why a rent waiver never disclosed through a business registration amendment cannot bind a buyer of the building.
-
Employee Invention Compensation in South Korea
On June 24 and 25, 2026 the Supreme Court of Korea reversed four employee invention compensation cases. Internal rules setting triggering conditions and a review procedure fix a payment time subject to an uncertain time limit, so the ten-year period runs from that date.
-
National Pension Division After Divorce in South Korea
A Seoul court cancelled a divided pension award: excluding the separation period with no substantive marital relationship left the marriage under five years.
-
How to Dispose of Treasury Shares in South Korea
Effective March 6, 2026, South Korea requires cancellation of treasury shares within one year and pro rata disposal to all shareholders on equal terms. Learn the exceptions for third-party disposal and when a bylaws amendment is mandatory.
-
Family Business Inheritance Deduction Reform in South Korea
South Korea’s 2026 tax reform raises the family business inheritance deduction cap to KRW 100 billion while lifting the management period to 30 years.
-
Won at the Supreme Court, Lost on Remand: Direct Payment Agreements in Korean Construction
A direct payment agreement under Korea’s Framework Act on the Construction Industry transfers the construction payment claim to the subcontractor on the signing date, so later seizures fail. Yet the subcontractor lost on remand for failing to prove completed work.