Daeryun Law Firm Strengthens Fair Trade Group... A team of experts with extensive experience in responding to the Fair Trade Commission
2024-06-05
Experience as a member of the Fair Trade Dispute Mediation Committee of the Fair Trade Commission and management of fair trade compliance for large corporations.
A former chief prosecutor in charge of the financial investigation department... Effective response to corporate domestic and international fair trade issues
Daeryun Law Firm (CEO Kuk-il Kim) announced on the 5th that it will strengthen its fair trade group specialized in domestic and international fair trade cases.
Daeryun Fair Trade Group plans to manage legal risks of its clients by quickly responding to corporate fair trade issues.
The central figures of the Daeryun Fair Trade Group include Won-il Won (28th class of the Judicial Research and Training Institute), head of the corporate legal group, and Byeong-hee Hyun (25th class of the Judicial Research and Training Institute), a lawyer and former member of the Fair Trade Commission.
Attorney Won, who served as managing director and head of the legal office at POSCO Holdings (formerly POSCO) and managing director of the legal office at POSCO Future M (formerly POSCO Chemical), has experience handling numerous corporate lawsuits while working at the legal office.
Attorney Won performed management and supervision activities in the company's business departments, including compliance training on the Fair Trade Act, Labor Standards Act, Occupational Safety and Health Act, and Serious Accident Act, contract review, and legal advice. Specifically, he is an expert in the field of corporate law, including prior monitoring of all stages from contract signing with partner companies to completion of implementation, prior review of violations of local laws related to overseas investment, and follow-up response.
In particular, Attorney Won was also in charge of compliance support and fair trade compliance manager. He reviewed overall corporate legal issues at POSCO Holdings and others, and was in charge of overall management of the Fair Trade Compliance Program (CP) as a Fair Trade Compliance Manager.
The voluntary compliance program managed by the Fair Trade Commission gives good grades to companies that are operating well, and depending on the grade, there are benefits such as exemption from ex officio investigations by the Fair Trade Commission, so it is a system that many companies are operating.
Attorney Hyun, who served as a member of the Fair Trade Dispute Mediation Council of the Fair Trade Commission for two consecutive terms, has direct experience in fair trade issues and is renowned as a fair trade expert. As a lawyer specializing in securities and finance, he also successfully led lawsuits confirming the right to claim receipts and deposits between companies.
The group has experts in various fields, including corporate lawyers, fair trade lawyers from courts and prosecutors, and financial lawyers, to respond to corporate fair trade-related disputes.
As a former chief prosecutor, In-won Kim (21st class of the Judicial Research and Training Institute), who has been active in the prosecution's financial investigation department for a long time, plans to oversee criminal cases related to fair trade.
Attorney Choi Han-sik (30th class of the Judicial Research and Training Institute), who served as the head of the legal team and general headquarters of a large company and handled numerous cases including unfair trade and use of internal transaction information; Attorney Jang Mun-gyu (33rd class of the Judicial Research and Training Institute), who is well versed in legal advice for companies such as Audi Korea, the Korean-German Chamber of Commerce and Industry, and MAN Truck & Bus Korea; and Kim Yu-jeong, who successfully led legal advice and fair trade work for many companies such as LG Electronics, Coca-Cola, and Nonghyup Distribution. Attorneys such as Son Mi-ri and Shim Su-jin, who are well-versed in international law, and Kim Dan-ha, who holds a customs broker qualification, joined the team.
Daeryun Fair Trade Group, together with experts in various fields, plans to proactively respond to corporate fair trade issues as well as global fair trade cases.
In particular, we also operate a fair trade detective team to prepare for fair trade prosecution investigations at all stages before the Fair Trade Commission.
As the Fair Trade Commission is expected to impose stricter sanctions on abuse of power and illegal activities, such as imposing fines of tens of billions of won in a bid rigging case related to semiconductor manufacturing, launching an investigation into unfair practices in the medical device distribution market, and emphasizing the need to introduce the Platform Fair Competition Promotion Act (Platform Act), Daeryun is also accelerating preparations for this.
We plan to carry out preventive activities before being sanctioned for industrial-related illegal activities, provide continuous advice on legal issues, and operate a response system to prepare follow-up countermeasures.
Chief General Counsel Won-il Won explained, “A lawyer with a high understanding of the company can effectively respond to fair trade issues,” adding, “As we are expanding the corporate legal group, we plan to pay more attention to recruiting talent as the head of the corporate legal group.”
Meanwhile, Daeryun, which recently relocated its headquarters to Yeouido, has expanded and reorganized its corporate legal group, and announced that it plans to expand its domestic branch offices starting with the headquarters relocation as well as expand into overseas markets such as Japan and the United States.
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