Cross-Shareholding Voting Limits in South Korea
How Korean courts decide when a foreign subsidiary triggers the 10% cross-shareholding voting ban — lessons from the Korea Zinc and Young Poong dispute.
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Forced Heirship and Trust Assets in South Korea
Trust assets count toward forced heirship (yuryubun) claims in South Korea. Key Supreme Court rulings and the 2026 shift to monetary awards, explained.
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Refixing (Conversion Price Adjustment) Explained — Full Ratchet, Weighted Average, and Listed-Company Rules in South Korea
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.
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Bond with Warrant (BW) Investment Agreements in South Korea
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.
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Convertible Bond (CB) Investment Agreements in South Korea
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.
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Common Stock Investment and Shareholders Agreements in South Korea
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.
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Redeemable Convertible Preferred Stock (RCPS) Investment and Shareholders Agreements in South Korea
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.
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Convertible Preferred Stock (CPS) Investment and Shareholders Agreements in South Korea
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.
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South Korea’s 2026 Standard Venture Investment Contracts: What Changed
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.
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Sales Agency vs. Distributorship in South Korea
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.