Press Coverage

Daeryun Law Firm recently formed a task force (TF) to preemptively respond to changes in corporate governance and the way the board of directors and general shareholders' meetings operate due to revisions to the Commercial Act. The TF focuses on accurately interpreting the purpose of legal revisions and providing customized advice optimized for a company's business structure and management environment. Accordingly, it deals in depth with all legal issues and practical areas related to the Commercial Act Amendment. The TF is comprised of lawyers with extensive practical experience in the fields of corporate advisory, governance of listed companies, mergers and acquisitions (M&A), contracts between shareholders, fair trade, and dispute prevention. The core members include attorneys Shin Jong-soo (31st class of the training center), Son Gye-jun (36th class), Ho Gyu-chan (36th class), Bang In-tae (41st class), and Ji Min-hee (bar exam 10th class). Attorney Ho said, "Daeryun has designed a compliance system that can be applied to actual management sites and supports the board of directors and general shareholders' operating procedures and decision-making process," and added, "Expansion of directors' duty of loyalty, strengthening of the independent director system, which are the core of the revised commercial law. “We analyze the impact that the introduction of an electronic general shareholders’ meeting will have on corporate management and present strategies to turn this into an opportunity,” he said. In this process, we diagnose the company’s risks and areas needing improvement, and provide a customized operation manual that reflects industry characteristics, governance status, shareholder composition, etc. to further differentiate ourselves. The TF is preparing online and offline seminars to understand the major issues and precedent trends of the amendment. We will also provide key information through our YouTube channel and newsletter. In particular, the newsletter is planned to be structured so that it can be used in the field by containing explanations of condolences, as well as actual dispute cases and precautions for practical application. Attorney Ho said, “There is a growing consensus among companies that a proactive design, rather than a reactive response to commercial law revisions is necessary,” and added, “This will be data that takes this trend into consideration.” In the short term, the TF plans to focus on supporting areas with significant changes, such as audit committee election regulations and independent director selection procedures. In the mid- to long-term, we are planning to expand integrated advisory services linked to environmental, social, and governance (ESG) and compliance systems. Daeryun said, "We will strive to provide on-site advice to help companies grow stably in a changing legal environment," and added, "We will prevent disputes that may arise after the implementation of the amendment and make the implementation of a governance structure that meets international standards our top priority." Reporter Park Seon-woo (closely@bloter.net)[View full article] [Commercial Law Amendment Law Firm Restaurant] Daeryun, analyzes corporate risks and turns them into opportunities (Shortcut)

A man in his 40s was sentenced to 1 year in prison for violating the Stalking Crime Punishment Act by demanding money as a hostage for threatening messages, phone calls, and body photos. Court said, “The number of offenses is not good... the victim suffers greatly.” A man in his 40s was sentenced to prison for threatening and stalking his ex-lover who broke up with him, saying, “I will not leave you alone.” According to the legal community on the 19th, the 2nd Criminal Division of the Ansan Branch of the Suwon District Court on the 17th of last month ruled on the ‘Act on the Punishment of Stalking Crimes, etc.’ Mr. A, in his 40s, who was accused of violating the law, was sentenced to one year in prison. In addition, he was also ordered to complete a 40-hour sexual violence and stalking treatment program. When Mr. A received notice of a breakup from Mr. B, his former lover, last year, Mr. A was put on trial on charges of stalking Mr. B by repeatedly texting and calling him about 130 times. He was also accused of demanding money by threatening to spread a photo of Mr. B's body parts. Mr. B requested severe punishment, saying that Mr. A's threats caused him long-term fear and anxiety and that he had difficulty in interpersonal relationships. Accordingly, the court sentenced Mr. A to one year in prison. The court said, "Considering the relationship between the two and the number of times the crime was committed, the nature of the defendant's crime was not good, and the victim suffered considerable mental pain," and "Although the defendant did it for the victim, “There was a criminal deposit (a system in which the perpetrator entrusts money to the court for the victim’s recovery), but considering the fact that the victim did not forgive, it is difficult to view this as equivalent to an agreement,” the ruling said. “Mr. A’s actions went beyond the emotional response of the breakup process and were a serious crime that seriously violated Mr. B’s right to self-determination,” he said. “During the trial, he emphasized that this was equivalent to or more than physical violence. “It appears that the court recognized the seriousness of the case and handed down a prison sentence.” Reporter Kim So-hyun (sovivid@kyeonggi.com)[View full article] “Threatened about 130 times in response to breakup notice”… 40-year-old sentenced to prison for stalking ex-lover (link)

Local government claims "violation of building laws through unauthorized expansion" Owner files suit for cancellation after administrative trial is dismissed Court rules in favor of plaintiff: "Corrective order should be revoked" A court ruled that if a local government failed to specify the target while issuing a corrective order for an unauthorized expansion building, the measure was illegal. It is judged to be a violation of the principle of clarity as the subject of correction is ambiguous. On the 23rd of last month, the 1st Administrative Department of the Gangneung Branch of the Chuncheon District Court ruled in favor of the plaintiff in the lawsuit filed by Mr. A against the local government to cancel the order to correct the violative building. Previously, Mr. A's spouse purchased a neighborhood living facility in Gangneung, Gangwon-do in December 2003 and completed the registration of transfer of ownership. Afterwards, the spouse passed away and Mr. A received the inheritance. In February of last year, the local government ordered the building to be restored to its original state, saying it was acknowledged that the building had been expanded without permission and violated building laws. Accordingly, Mr. A filed an administrative appeal to cancel the correction order, but it was dismissed, and he later filed an administrative lawsuit. During the lawsuit, Mr. A claimed that he had never committed any illegal acts, such as expansion, in relation to the building in question. In particular, he emphasized that although more than 20 years had passed since the purchase of the building, the local government had not once raised an issue during this period. The first trial dismissed Mr. A's claim, finding that the local government's corrective order was justified. The first trial court stated, “Considering the legislative purpose of the Building Act, which aims to contribute to the promotion of public welfare by improving the safety, function, environment, and aesthetics of buildings, it is judged that the public interest sought to be achieved is greater than the private interest infringed by the disposition of this case.” However, the appellate court judgment was different. The appellate court ruled, “The disposition in this case does not specifically state the area and location occupied by the unauthorized extension of the building, the date and type of violation, etc.” and “Therefore, the disposition in this case is illegal because the object or content of the correction order cannot be considered to have been specified clearly enough for Mr. He said, “It did not contain any data such as drawings or photos that could be used to specify whether or not it was done,” and added, “In other words, this is nothing more than an assumption without any objective basis.” At the same time, he added, “There is no data to acknowledge that Mr. A had expanded the building without permission after acquiring ownership of the building in this case, and even considering the acquisition process, it is difficult to say that Mr. A was able to know this information.” Digital Content Team[View full article] Demolition order 20 years after purchasing the building... Law “Failure to specify the subject of correction is illegal” (Shortcut)

A real estate brokerage assistant who deceived landlords and tenants and stole tens of millions of won in deposit money was sentenced to prison. On the 25th of last month, the Seoul Eastern District Court sentenced Mr. A, an assistant brokerage indicted on charges of embezzlement and forgery of private documents, to six months in prison. Mr. A was accused of brokering a lease contract with a sale price of 200 million won in 2022 and embezzling 70 million won of deposit paid by tenant B. Mr. A was found to have continued to engage in illegal activities, such as brokering contracts, even though he was an assistant broker. According to the Licensed Real Estate Brokerage Act, an assistant broker is a person employed by a licensed real estate agent and can only perform simple auxiliary duties such as providing on-site guidance to brokerage items or general affairs. Mr. A is said to have forged a contract, delivered forged private documents to Mr. B, etc., and used most of the stolen money as personal investment funds. During the trial, Mr. A It was argued that charges such as forgery of a private document were not established because the contract was shown to the lessor and his signature and seal were obtained. The court ruled that Mr. A was guilty of forgery of a private document because he deceived the lessor into signing and sealing a document against the will of the landlord, so he was sentenced to prison. The court said, "The defendant admits to some crimes, but in light of his statements and attitude in court, does he truly reflect on and regret this incident? He also pointed out, “It’s questionable.” Attorney Park Jeong-ho of Daeryun Law Firm, who is the legal representative of victim B, emphasized, "This case is a serious economic crime in which Mr. A, who was in charge of assisting brokerage, abused his trust to embezzle customers' funds and forged and used private documents such as contracts to conceal this." Go Woori (wego@ikbc.co.kr)[View full article] Brokerage assistant who stole 7,000,000 down payment sentenced to prison...Law "Both the landlord and the tenant were deceived" (Shortcut)

Although it possesses world-class data and infrastructure, the utilization of high value-added areas is low compared to developed countries, so technological advancement and system improvement must be achieved simultaneously. 21The century economy is driven by data. In particular, healthcare data is a strategic resource that can simultaneously improve public health and drive future industrial growth.. Korea has the world’s best medical system and information technology(IT) Although we had the infrastructure, Laws and institutions cannot keep up with the pace of technological development. 'data paradox'is facing a structural limitation called.The solution is not simply deregulation. A paradigm shift is needed to redesign laws and institutions to facilitate data use.. There is a clear path to simultaneously create industrial development and social value while ensuring safety and trust.. Developed countries are already leading the way. information protection-Finding a balance between uses EU·USA European Union(EU)The Personal Information Protection Act(GDPR)While establishing a strict personal information protection system through 'EU health data space(European Health Data Space, EHDS)'through 27We are presenting an innovative model that integrates and utilizes medical data from 100 member countries.. This is an example that demonstrates that personal information protection and data utilization are not in conflict but rather are complementary to each other..The American approach is more pragmatic.. '21Century Healing Method(21st Century Cures Act)'Blocks the refusal of legitimate data sharing requests from medical institutions(Information Blocking)It is defined as a subject of legal sanctions.. Standard raw drug product(API) Patients through mandatory, researcher, We have built an ecosystem that allows companies to quickly access the data they need.. 'TEFCA(Trusted Exchange Framework and Common Agreement)'We are building a nationwide medical information exchange network through, today 10doggy 'QHIN(Qualified Health Information Network)' Under the system, clinicians, hospitals, clinics, nursing facilities, public health authorities, etc. 4only1000Forms several unique networks. Food and Drug Administration(FDA)is actual usage data(RWD)and actual use basis(RWE)We are significantly lowering the market entry barrier for innovative medical devices by utilizing. Korea Health Insurance Review and Assessment Service is overflowing with resources but unable to utilize them, National Health Insurance Corporation, The healthcare big data held by major public institutions such as the Korea Disease Control and Prevention Agency is the world's best in terms of scale and quality.. Nevertheless, new drug development, precision medicine, Utilization in high value-added areas such as digital therapeutics is still limited..The core problem is multi-layered. Data compatibility issues due to heterogeneous systems and lack of standardization between medical institutions, Decreased analysis efficiency due to fragmented data structure, And above all, school expulsions due to conservative interpretations of legal regulations are having a complex effect..'Establishment of national integrated bio big data'It appears that state-led integrated platform projects such as can become a key foundation for overcoming these structural limitations.. today 1step(77only2000people genome data collection)is in progress, Due to the delay in recruiting participants and low institutional participation, a red flag has been turned on to achieve the goal.. This is why technological advancement and institutional improvement must occur simultaneously..More specifically, the refinement of personal information de-identification and pseudonymization technology., Electronic medical record(EMR)·Compliance with international standards for medical imaging and genomic data, Safe opening and expansion of the scope of use of cutting-edge omics data such as spatial transcriptome and single cell transcriptome must be done in parallel..Consistency of laws and guidelines is also an urgent task.. Current Personal Information Protection Act28condolences8In principle, overseas transfer of personal information is prohibited., Safety measures and procedural requirements are strictly required when exceptions are applied.. In particular, detailed standards for overseas transfer and combination of pseudonym information are still being refined, so there is uncertainty in practice.. It is time to rationally improve data transfer requirements and procedures for global research cooperation and industrial development, assuming appropriate safety measures.. Ministry of Food and Drug Safety 'AI Medical device regulatory innovation'What we can learn from this: The answer is already within us.. Ministry of Food and Drug Safety’s artificial intelligence(AI) Innovation in medical device regulation is proof of this.. The world's first creation AI Establish medical device approval and review guidelines, Pharmaceutical Manufacturing and Quality Control Standards(GMP) and the results of allowing rapid market entry subject to meeting minimum performance requirements are surprising.. AI Number of medical device approvals based on 2022year 47last year in 108By the matter 3After years 2It has more than doubled. It is assessed that Korea has emerged as a leader in global digital healthcare regulatory innovation, both in name and reality..This success was possible 'allowed after ban'not this 'Promote utilization by adhering to principles' It was thanks to the adoption of the method. Establish clear safety and quality standards, If this is met, the system has been designed to enable rapid use without excessive procedural burden.. 'positive→negative'There is a need to spread a pragmatic approach across data policies.. The key is as follows.first, Clear regulations on safety and standardization requirements. Ambiguous standards lead to excessively conservative interpretations., This leads to a delay in innovation.. second, It is procedural efficiency that ensures rapid utilization when requirements are met.. The complex and lengthy approval process is itself a barrier to entry..third, existing 'positive method'Rather than simply expanding the scope of exceptions allowed,, It adheres to basic principles such as safety and personal information protection, but promotes use. 'negative method'A fundamental shift is needed to. In an era where law becomes a partner in innovation, healthcare data can simultaneously realize the social value of industrial development and guaranteeing the people's right to health. 21It is a key asset of the century. If you just stop at accumulating, This precious resource is only going to waste..Safety and innovation are not zero-sum games. Ministry of Food and Drug Safety AI Cases of medical device regulatory innovation clearly prove this.. With appropriate institutional design, the two values ​​can be mutually reinforcing..When the law functions as a partner rather than an obstacle to innovation, Both values ​​of industrial innovation and public convenience can be realized.. The golden time for change is now.. [View full article] Korea has accumulated a gold mine of healthcare data and cannot use it... A paradigm shift is needed [Daeryun’s Biz law forum] (Shortcut)

“The fact of whether it is RCPS or common stock has nothing to do with the application of Article 54, Paragraph 1” Shinyoung Securities “Ordinary transaction in line with market price… Not subject to application as an unlisted company” Controversy has arisen after it was revealed that executives and employees used internal information to purchase stocks of startup companies in which Shinyoung Securities had invested in the past in the name of their family members at low prices. Shinyoung Securities maintains that “it is not subject to the Capital Markets Act as it is an unlisted company,” but controversy is growing over whether it violates the Capital Markets Act, with some pointing out that this is an act of financial institution executives and employees taking unfair profits by using internal information. The company in question is Aall Korea, which manufactures metal-organic framework (MOF), a new dehumidifying and antibacterial material. In November 2021, Aall Korea attracted a total of KRW 22 billion in new stock investments from K-Net Unicorn Development Investment Association (KRW 4 billion), Woori Shinyoung Growth Cap No. 1 Private Equity Partnership (KRW 6.5 billion), Shinyoung Securities (KRW 1.5 billion), and NH-Iris ESG New Technology Investment Association (KRW 10 billion). Woori Shinyoung Growth Cap No. 1 is a private equity fund (PEF) established by Woori PE and Shinyoung Securities in 2018, and is currently a financial industry-based investment asset management company with Shinyoung Securities as the representative. In July 2021, the same year, Shinyoung Securities decided to invest 13,428 shares in Aol Korea at 595,800 won per share, worth about 8 billion won. However, during this process, it was confirmed that on June 28, 2021, a Shinyoung Securities executive used internal information to purchase 200 shares of common stock in the name of his family at 350,000 won per share. Then, on July 30, 2021, another employee also purchased 800 shares of common stock at the same price in the name of his spouse. This is about 40% lower than Shinyoung Securities’ official investment price. After the incident occurred, Shinyoung Securities did not file a separate complaint with the Financial Supervisory Service, but only punished the relevant officers and employees with a ‘salary reduction’ in accordance with internal ethical standards. Shinyoung Securities' position is, "We don't know how the executives and employees knew about it and bought the stocks." A Shinyoung Securities official said, "As a result of the investigation from a risk perspective, what Shinyoung Securities acquired was RCPS (Redeemable Convertible Preferred Stock), and what the employee purchased was common stock, which was a normal transaction that matched the market price at the time." He added, "Because it is an unlisted company, it is not subject to the Capital Markets Act." Despite this explanation, the legal community believes that it is difficult to avoid suspicion of violating the Capital Markets Act, as it is judged that executives and employees of the financial institution pursued unfair profits by utilizing internal information. Attorney Ji Min-hee of Daeryun Law Firm said, “For Article 54, Paragraph 1 of the Capital Markets Act to be applied, the following requirements must be met: ‘He must be an executive or employee of a financial investment business, the information must have been known in the course of his duties, the information must have not been disclosed to the outside, and the information must have been used for his/her own/third party’s benefit.’ In this case, since the executive or employee used internal information to purchase the product at a low price in the name of a family member, he or she may be held liable for violating Article 54 of the Capital Markets Act and the obligation to prohibit the use of job-related information.” explained. He continued, “The fact of whether it is RCPS (Redeemable Convertible Preferred Stock) or common stock has nothing to do with the application of the above provisions, and whether it is a reasonable price must be examined. However, even if it is a fair price, it does not affect the fact that internal information was used. Regarding the use of internal information, the decision is made by taking into account various circumstances such as the impact/contribution of the relevant information on the judgment and decision regarding the transaction, the economic situation of the relevant person, the transaction period, and the form or method of the transaction.” In addition, “In the case of Article 174 (prohibition of use of undisclosed important information) of the same Act, the principle is that Article 174 does not apply because it is an unlisted corporation. However, if the unlisted corporation is scheduled to be listed within 6 months or is scheduled to merge with a listed corporation, Article 174 applies,” he said. “Even if it is a corporation to which Article 174 applies, as in the judgment of Article 54 above, common stocks and whether they are at a fair price are important to be undisclosed in and of themselves.” “It does not affect the decision on whether to use the information,” he said.[View full article] [Exclusive] Shinyoung Securities, executives and employees suspected of ‘insider trading’… Purchase of stocks at a low price in the name of a family member (link)

Recently, terrorist threats about installing explosives in multi-use facilities such as department stores and parks used by an unspecified number of people have been spreading throughout the country like a trend. According to Yongin Eastern Police Station, on the morning of the 13th, a fax was sent to the Daejeon Immigration Office saying, “We will blow up Everland Resort,” and the police launched an emergency search. Previously, a fax was received stating that explosives were installed at a department store in Gwangju Metropolitan City on the 11th and at the Olympic Park gymnastics stadium on the 10th. Terrorist and crime warnings are also prevalent online. On the 5th, an article was posted on an Internet community saying, “Explosives were installed at the main branch of Shinsegae Department Store and will be blown up at 3 p.m.,” causing an evacuation commotion. The author of the article was found to be a middle school student living in Jeju Island. This phenomenon increased rapidly after the stabbing incident at Seohyeon Station in Bundang in 2023, and at that time, the National Investigation Headquarters of the National Police Agency conducted special security activities for two months starting in August and conducted intensive crackdowns. As a result, 571 reports of violent crimes were discovered during the period, 298 people were arrested, and 28 of them were detained. However, due to the limitations of applying charges in such investigations, the suspects were only punished lightly, such as fines. Regarding this, legal experts analyzed that the requirements for establishing a crime varied depending on interpretation, making application difficult. Attorney Kim Dong-jin of Daeryun Law Firm (Limited) said, “In the past, in the past, “Because I was not familiar with the crime without asking, I thought it was difficult to trust the murder notice and that it was unlikely to be realized,” he said. “As the motive for enacting the crime of intimidation did not include a post warning of murder, it was difficult to punish the author of the post for this crime.” He continued, “Various charges such as obstruction of official duties by hierarchy, cyberstalking, preliminary crime of murder, and creating anxiety under the Information and Communications Network Act may be applied, but as seen earlier, crimes such as crime notices are not possible.” “Because it is not a crime that was envisaged and legislated, there is a problem that it does not fully fit these crimes,” he said, adding, “In particular, since it is difficult to easily determine intentionality, the crime of public intimidation is a supplement to this.” In fact, the ‘public intimidation crime’ has been implemented since March of this year to ensure that strong punishment is imposed on crimes that threaten an unspecified number of people. The crime of public intimidation stipulates that if a person threatens to harm the life or body of an unspecified number of people, he or she will be punished by imprisonment for up to 5 years or by a fine of up to 20 million won. In addition, such a crime carries civil liability in addition to criminal punishment. This is because most of the threats and reports are found to be false, leading to a waste of administrative power. Attorney Kim said, “If a person is found guilty through a criminal court, they will be liable for damages caused by illegal acts under Article 750 of the Civil Act,” and “If the perpetrator is a minor, their parents and other supervisors will be responsible for damages under Article 755 of the Civil Act.” However, Attorney Kim is of the position that it is difficult to view civil action as a realistic solution. He analyzed, “If at least hundreds of millions of won in administrative power is wasted due to the deployment of police, it is virtually impossible for one family to shoulder the national cost, so it is difficult to see it as a realistic recovery measure.” Reporter Kwon Byeong-seok (bsk730@fnnews.com)[View full article] What is the legal application for ‘series of bomb threats’? (Shortcut)

Forming a regular working council for AI-based procurement innovation... Building a long-term cooperation model "We will increase the global competitiveness of domestic companies by combining legal expertise and AI technology capabilities" Daeryun Law Firm announced on the 14th that it has signed a business agreement (MOU) with the Korean Association of Purchasing and Procurement and will begin to establish a professional cooperation system to innovate the domestic procurement system and enter the global market. At the signing ceremony held at Daeryun's Seoul headquarters on the 12th, CEO of Daeryun Kim Kuk-il, representative lawyer Choi Yi-sun, attorney Shin Jong-soo and Korean Association of Purchasing and Procurement Association Hyeong-nam Moon attended the signing ceremony. The president of the academic society, academic committee chairman Lee Chung-hyung, and planning committee chairman Choi Bong-hyuk were in attendance. The Korea Purchasing and Procurement Society, established in 2003, is the only academic organization specializing in procurement and purchasing in Korea. It is leading the way in improving the transparency and efficiency of procurement administration through academic research and policy proposals in the fields of public procurement, purchasing policy, and contract system. In particular, it is active in AI and big data-based procurement data analysis, international procurement system research, overseas procurement network construction, and support for domestic companies' participation in overseas public bidding. Through this MOU, Daeryun plans to form a regular working-level consultative body and establish a long-term cooperation model such as AI-based procurement innovation, international procurement system research, and global partnership expansion. Specifically, ▲ research on laws and policies related to public procurement and purchasing systems ▲ joint development of AI-based procurement data analysis and contract risk prediction system. ▲We plan to cooperate in various fields, including holding policy forums, seminars, and academic conferences. Hyeong-Nam Moon, President of the Korea Purchasing and Procurement Society (Dean of the Global Convergence College at Sookmyung Women's University), said, "Innovation in public procurement begins with the combination of technology and policy. In particular, by utilizing cutting-edge technologies such as AI, a data-based, transparent and efficient procurement system can be implemented." He added, "This agreement will be an important turning point in improving the competitiveness of our companies on the global procurement stage." The management representative said, "By combining Daeryun's legal expertise in the procurement and purchasing field with AI technology, we will help domestic companies demonstrate competitiveness in the global market together with academic societies. We will lead to actual strengthening of competitiveness through data-based preliminary inspection and risk management." Meanwhile, Daeryun provides customized advice in specialized fields such as public procurement, international contracts, and intellectual property rights, and provides integrated legal solutions to strengthen the competitiveness of domestic and foreign companies. Reporter Kim Nam-ha (skagk1234@dailian.co.kr)[View full article] Dailyan - Daeryun, MOU with Korea Purchasing and Procurement Society... “Combining legal expertise and AI technology capabilities” (link) NSP Communications - Korea Society of Purchasing and Procurement signed MOU with Daeryun Law Firm (Click here)

Daeryun Corporate Law Group announced on the 14th that it signed a business agreement (MOU) with Bridgecode, a financial advisor specializing in M&A for small and medium-sized venture companies, to strengthen corporate financial services. The signing ceremony was held at the Daeryun Seoul headquarters and Yeouido branch office on the 12th, and key figures including Daeryun CEO Kim Kuk-il, CEO Choi Yi-seon and Bridgecode Director Lee Jun-myeong attended. Bridgecode targets companies. It is a financial company that provides M&A services and has a network in 9 global countries, including Japan, Singapore, and India. In addition, it supports an automated brokerage platform through the M&A exchange, and during the corporate acquisition process, experts from large financial institutions such as Mirae Asset Securities and Samsung Securities and accounting experts are deployed to provide customized M&A solutions throughout the entire process, including △ corporate value assessment △ transaction structure design △ buyer discovery. 1,600 cases per year. Bridge Code, which has more than 1.9 trillion won in M&A inquiries and 1.9 trillion won in sales advisory performance, also obtained the highest grade, S, in the M&A advisory agency evaluation hosted by the Ministry of SMEs and Startups in January of this year. Daeryun Corporate Law Group has specialized centers for corporate mergers and acquisitions (M&A), corporate advisory, and asset management, and professional lawyers with abundant experience and practical skills in fields such as corporate law, intellectual property rights, and finance provide customized legal services to customers. We plan to provide comprehensive advisory services for the development of Bridgecode's global business, and help build an upgraded advisory process by combining legal services and financial expertise. Through this agreement, the two companies will share insights on M&A-related work such as corporate due diligence, valuation, and accounting advice, and provide △ legal advice on contracts, investments, and negotiations △ legal due diligence support in the investment, acquisition, and sale process △ corporate finance legal and tax risk management. We plan to △hold legal, tax, and accounting education seminars for customers △cooperate in joint advancement into domestic and overseas markets. Bridge Code Director Lee Jun-myeong said, “I am very excited to have signed a business agreement with Daeryun, one of the major domestic law firms,” and added, “I am glad that through this agreement, we will be able to more systematically manage legal risks that may arise during the M&A process. We will provide safer and more successful M&A solutions to customers by utilizing the expertise of both companies.” Daeryun CEO Kim Kuk-il said, "M&A is an area where legal stability is as essential as financial analysis. By combining Bridge Code's overwhelming M&A advisory capabilities with Daeryun's innovative system, we will become a strong partner for corporate customers." Eunhye Lee (zhses3@joseilbo.com)[View full article] Daeryun Law Firm signs MOU with Bridge Code... Strengthening corporate financial services (click here)

Forced physical contact and kissing at company dinners... “It was just a matter of encouragement,” refuted, “It is difficult to believe the specificity of the statement,” Objected to the decision not to send it… The prosecutor's prosecution and trial department said, "The victim's statement is consistent in major parts... the will of promotion was exploited and the crime was bad." A public official in his 50s who molested a subordinate at a dinner party was sentenced to prison. On the 12th, the Daejeon District Court Cheonan Branch sentenced a man, Mr. A, who was indicted on charges of forcible harassment to six months in prison. In addition, he was ordered to complete a 40-hour sexual violence treatment program and be restricted from employment at child and youth-related institutions for two years. Mr. A, who was working as a team leader at a government-affiliated organization, was accused of pulling the hand of Mr. B, a subordinate, and placing it on his thigh at a dinner party in 2023, and asking, “Can I kiss him?” At the time, Mr. B was talking about promotion with Mr. A and said, “If there is anything I don’t know, please let me know. Team leader.” He claimed that he made a statement to the effect of “Please help me,” and that Mr. A approached him, whispered, and asked, “Can I give you a kiss?” He also emphasized that even when the two of them were alone after the company dinner, Mr. A asked for physical contact under the pretext of a promotion, saying, "Please show me your faith. I will do my best only if you show me your faith." Mr. A completely denied the charges. At the time, the company dinner was for some employees, including the victim, who was discouraged by missing out on promotions, and he explained that Mr. B, who was sitting next to him, suddenly grabbed his hand and tapped the back of his hand once or twice as encouragement. At the same time, he explained that he did not mention the kiss to Mr. B. The police who initially investigated the case decided not to send the case. The reason was that there was not enough evidence. The police explained the reason for the acquittal by saying, “The victim’s statement was not specific, and it was unnatural based on experience for the suspect to hold the victim’s hand and offer to ‘kiss’ while his colleagues were sitting across from each other, and the colleagues did not see the damage either.” Mr. B, who did not accept this, filed an objection. Immediately after the incident occurred, Ms. B talked to her husband on the phone and told the company in detail about what happened at the company dinner, and immediately reported this to the company the next day. The purpose is that this contains specific details that cannot be stated unless one has directly experienced it. The prosecution, which took over the case, found Ms. B's statement credible and sent Mr. A to trial. The court sentenced Mr. A to six months in prison and placed him under court custody. The court said, “The victim provides detailed statements about the circumstances of the incident, the circumstances of the damage, and the defendant’s actions, and the main parts of the content are consistent.” He also added, “Even if you look at the phone call between the victim and his spouse immediately after the crime, it contains the statement, ‘The defendant asked to kiss.’” The court continued, “Although it appears that the employees across from him were unaware of the defendant’s actions, the hands of the defendant and the victim were under the table, so there is a possibility that the witness’ gaze could be obstructed by the table.” At the same time, “The defendant tried to take advantage of the victim’s desire for promotion, so the crime was bad and there was no serious reflection, and the victim also did not show any serious remorse.” “We are pleading for severe punishment.” He stated the reason for the sentencing. Attorney Daeryun Yoon of the law firm representing Mr. B said, “The Supreme Court believes that the credibility of the statements of sexual crime victims should not be rashly rejected unless the main parts are consistent and there are no irrational or contradictory parts compared to the rules of experience, and there is no motive to make false statements against the defendant.” He explained, “I was able to receive a prison sentence after indictment by emphasizing that there was no reason to make an unfavorable statement against Mr. A in a situation where he was trying to get promoted.” Reporter Kim Jong-cheol (jckim99@sportsseoul.com)[View full article] A boss who harassed a subordinate who wanted a promotion by asking, “Can I kiss him?” Sentenced to 6 months in prison (link)