Press Coverage

Protests postponed until local elections in June... Paying attention to the results of the first trial for tram traffic obstruction, the National Coalition for the Elimination of Discrimination against Persons with Disabilities (Jeon Jang-yeon) held a rally on the 19th to mark the 1,000th day of the subway propaganda campaign on the way to work and urged the Seoul Metropolitan Government to make a decision to guarantee the right to mobility for the disabled. He also hinted at the possibility of resuming protests, saying that if there is no policy change from the Seoul Metropolitan Government, “I will have no choice but to take the subway again.” Jeon Jang-yeon has temporarily suspended subway protests until the local elections in June following a policy meeting with Seoul mayoral candidates from the Democratic Party of Korea. On the morning of the 19th, Jeon Jang-yeon held an event called '1000 Days of Subway Propaganda on the way to work' at Hyehwa Station on Subway Line 4 in Jongno-gu, Seoul. Justice Party leader Kwon Young-guk, as well as officials from the Progressive Party and the Basic Income Party, also attended the event. Seoul Mayor Oh Se-hoon, who had previously been offered a meeting by Jeon Jang-yeon, did not attend. A performance of writing and attaching post-it notes was held immediately after the 1,000-day propaganda campaign began. Soon, more than 40 post-it notes were attached to the platform. The post-it notes included things like, ‘1,000 days have passed, 10,000 days have passed, and I won’t get tired until 100,000 days.’ ‘We are all mobility-disadvantaged or people who will be mobility-disadvantaged.’ Jeon Jang-yeon criticized the Seoul Metropolitan Government and Mayor Oh Se-hoon for ignoring the guarantee of actual rights by dismissing the mobility rights of the disabled as a matter of conflict. It was also made clear that if the Seoul Metropolitan Government does not change its policy, it may resume subway riding. Park Gyeong-seok, CEO of Jeon Jang-yeon, said, “If the (movement) rights that the city of Seoul is talking about are not actually guaranteed, we will have no choice but to take the subway again.” Jeon Jang-yeon has been carrying out propaganda campaigns demanding guaranteed mobility rights for the disabled on subway platforms during rush hour, using the International Day of Persons with Disabilities on December 2021 as an opportunity. As a result, trains were delayed for up to tens of minutes. There were about 4,500 inconvenience and complaint complaints filed with the Seoul Transportation Corporation last year alone. On this day, there was also friction with some citizens during the event. One man protested by shouting, “Oh, it’s so noisy,” and another man uttered an expletive. Jeon Jang-yeon has decided to temporarily suspend subway protests until the day of the June 3 local elections. This is while accepting the proposal to postpone protests and hold policy meetings by Democratic Party lawmaker Kim Young-bae, who announced his intention to run for mayor of Seoul. Investigation and trial are in progress... There is a high possibility of being guilty of 'obstruction of tram traffic'. Some predict that the result of the first trial verdict on charges of obstructing tram traffic following the subway demonstration by some activists of Jeon Jang-yeon will have an impact on the method of protests by Jeon Jang-yeon in the future. The police have received a number of complaints and accusations against Jeon Jang-yeon activists from the Seoul Transportation Corporation and civic groups, including obstruction of business and tram traffic, and are investigating. On the 29th, the results of the first trial on charges of obstructing tram traffic against two Jeon Jang-yeon activists will be announced. They were handed over to trial on charges of disrupting the smooth operation of trains during a propaganda campaign in April 2022 and April 2023. Experts predicted that there was a good chance that the court would find the Jeon Jang-yeon activists guilty of obstructing tram traffic. Kwak Joon-ho, a lawyer at Cheong Law Firm, said, "It will be difficult for the court to say no to obstruction, so there is a high possibility that a conviction will be found. However, we will try to minimize the sentence." Seok Sang-yeop, a lawyer at Ilo Law Firm, also said, "It is unlikely that a person will be found guilty when he or she obstructs traffic during a rally. However, when tram traffic is repeatedly and deliberately obstructed, as in this case, and citizens are harmed as a result, the possibility of a conviction is higher than in normal cases." At the same time, he said, "If the level of obstruction is to the extent of delaying the operation of the train, such as actually forcing the train door open or lying down on the tracks, then (the charge) is established." If a guilty verdict is found, propaganda campaigns within the station will be possible, but there are observations that it will be difficult to maintain the method of protest that actively delays the operation of the subway. In particular, it is predicted that if a guilty verdict is found, the investigative agency may conduct a more active investigation or even consider arresting the offender in the future. Nam Kwon-yul, an attorney at the Daeryun Law Firm, said, "These precedents effectively function as guidelines for investigative agencies and have the effect of maintaining a constant standard and direction for investigation and prosecution for similar protest actions." Reporter Park Jin-ho (zzino@mt.co.kr) Reporter Kim Seo-hyun (ssn3592@mt.co.kr)[View full article] Jeon Jang-yeon celebrates ‘1000 days of subway propaganda’… “If transportation rights are not guaranteed, I will ride again” (Shortcut)

Recently, the prosecution indicted about 50 people, including famous instructors so-called 'one-way instructors', officials of large entrance exam institutes, and current and former teachers. They are accused of providing money to teachers who have experience in writing CSAT or mock assessment questions and purchasing questions, or obtaining questions in advance of EBS textbooks before they are published and using them for private education content. The investigative authorities judged this to be a serious issue that undermined the fairness of the educational field, applied charges such as violation of the Anti-Corruption Act and obstruction of business, and sent those involved to trial. What is noteworthy in this case is that not only the teacher who received the money and the private education officials who provided it, but also the private education company stood before the law. This suggests that customary external cooperation or consulting contracts can become legal risks that can push the entire company into crisis. The Anti-Corruption Act was introduced to ensure fair performance of duties by public officials, but in corporate practice, problems often arise due to misunderstanding of its scope of application. ‘Public officials, etc.’ as defined by the law broadly includes not only public officials, but also faculty and staff of schools at all levels, including private schools, and executives and employees of school corporations and media companies. In other words, when a company enters into a contract with an external expert for the purposes of marketing, consulting, lectures, etc., if the other party is included in the list of 'public officials, etc.', the Anti-Corruption Act will apply without exception. From a company's point of view, the most fatal thing is the dual penalty provision. The Anti-Graft Act stipulates that fines or fines be imposed not only on the employee who commits a violation but also on the corporation to which he or she belongs. In this case as well, if it is acknowledged that an academy official provided money or valuables to a teacher in connection with work, it is difficult for the academy corporation to avoid punishment as well. In particular, a key issue in sentencing is whether there was organizational direction or assistance at the corporate level during the investigation process, or whether considerable attention and supervision was exercised to prevent violations. Therefore, companies must internalize the following principles in their compliance system from a risk management perspective. First, there is a need to make identity verification procedures mandatory for transaction partners. This means that when signing an advisory contract or requesting a lecture, a process must be in place to check in advance whether the other party is a ‘public official, etc.’ under the Anti-Graft Act. In particular, it must be clearly recognized that teachers at private schools, not public schools, and media personnel are also eligible, and if necessary, they must be requested to provide proof of prior approval from the head of the relevant institution. Next, it is necessary to establish an objective basis for calculating legitimate rights. The law recognizes as an exception the receipt of money or valuables based on legitimate authority. However, as in this case, paying an amount that far exceeds the normal market price or paying money in the name of consulting fees without specific service results is highly likely to be considered a bribe or illegal money or valuables. When paying for external services, companies must establish reasonable standards based on market unit prices and thoroughly verify whether the contract details match the actual work performed. The last important principle is the prohibition of using confidential and undisclosed information in the course of work. When a company pays a fee to obtain information from a public official, etc., if the information is classified as an official secret, this may not only violate the Anti-Corruption Act but also extend to crimes such as obstruction of business or breach of trust. Even if a legally legal contract has been concluded, if the actual information exchanged is undisclosed internal information obtained by the other party in the course of his or her job, this is considered an illegal act. Therefore, it is necessary to closely monitor the work progress of related departments where information is frequently collected, such as external cooperation or strategic planning, and constantly check whether the source and circumstances of information obtained by executives and employees are within legal boundaries. Compliance capabilities have now become a key indicator of a company's sustainability. Establishing a preemptive risk management system beyond passive responses to avoid the law is the surest way to protect corporate trust and secure competitiveness. It is a time when the entire organization, from management to working-level employees, needs to make efforts to increase legal sensitivity and make ethical management part of its constitution. Small Business Team[View full article] “Companies are also punished for employee mistakes”… What are the ways to avoid the ‘bilateral punishment’ anti-graft law? (Shortcut)

At the time of the investigation, he was unable to control his body and the hair test came back positive. "There are differences for each individual hair test... I cannot be certain that he took the drug on the given date." A man in his 30s who was put on trial on charges of taking Philopon was found not guilty in the first trial. The Wonju Branch of the Chuncheon District Court found Mr. A not guilty on charges of violating the Narcotic Drugs Control Act (Hyangjeong) in December of last year. Mr. A was found not guilty at his residence in March last year. He was suspected of taking Philopon. At the time, the police judged that the charge was clear, citing the fact that Mr. A showed abnormal behavior such as not being able to control his body or self-harming when he was arrested for a separate assault case, and that the National Institute of Forensic Science's hair analysis results tested positive for Philopon. Mr. A denied the charge. Although the substance could be detected in his hair due to his past history of drug use, he claimed that he had not taken the drug on the date specified in the indictment. “A detailed urine test conducted 10 days after the incident resulted in a negative response,” he countered, adding, “Considering the normal drug excretion period, if he had actually taken drugs, the urine test should have come back positive as well.” He also emphasized that the abnormal behavior at the time of arrest was a blackout side effect caused by consuming cold medicine, sleeping pills, and alcohol together due to extreme depression and stress. The court ruled in Mr. A’s favor. The court explained, "It is true that drug substances were detected in the defendant's hair, but since there are individual differences in hair tests, it is difficult to conclude from this alone that the drug was administered at the time stated in the indictment." The court then questioned the credibility of the statement of Mr. B, a housemate, who was the only direct evidence. The court said, "In addition to the fact that Mr. He added, "Considering that the urine test results were also negative, it is difficult to say that the charges have been proven beyond a reasonable doubt." Attorney Min-young Han of the law firm Daeryun, who represented Mr. A, said, "The prosecution indicted based only on the defendant's abnormal behavior and positive hair results, but impeached the indictment by scientifically analyzing the timing discrepancy in the urine test results." He said, “Being clear can lead to good results.”[View full article] "The test result was positive for hair..." Man in his 30s found not guilty on charges of using Philopon 'Why?' (Shortcut)

Daeryun Law Firm announced on the 16th that it has launched the 'Franchise Business Damage Relief Task Force (TF)' to respond to the rapidly increasing franchise business disputes. According to the 'Results of the 2025 Franchise Field Survey' released by the Fair Trade Commission, poor sales, unfair trading practices, and distrust of settlement methods were pointed out as the main reasons why franchise owners are considering terminating their contracts. In particular, focusing on restaurants and industries closely related to daily life, franchise headquarters and It has been found that there is an increasing number of cases where conflicts between store owners lead to structural problems. This TF was established to structurally analyze and systematically respond to disputes that repeatedly occur throughout the franchise business, such as refund of franchise fees, unclear settlement structure, designation of essential items, and raw and subsidiary material transaction issues. The TF is led by attorney Gye-jun Son, head of the Daeryun Corporate Legal Group. In addition, Attorney Shin Jong-soo, head of the Corporate Advisory Center of the Corporate Legal Group, joined and strengthened his expertise. Attorney Son is a former secretary of the Fair Trade Commission and has accumulated expertise in the field of franchise and fair trade by directly conducting deliberations and investigations on cases of violation of the Franchise Business Act and regular investigations of large-scale franchise headquarters. Attorney Shin has a lot of experience in responding to large-scale group disputes, such as the Timon and WeMakePrice incidents. In addition, labor lawyer In-tae Bang, lawyer Ji Min-hee, who has accumulated expertise in fair trade and corporate consulting, lawyer Jang Ji-woon, who served as managing director of a KOSDAQ-listed company, and lawyer Kim Dae-gil, who practiced compliance, contract, and financial accounting law at many companies, joined the task force. In addition, experts in accounting, tax, and labor have joined the task force. We provide a 'one-stop damage relief service' that goes beyond the review of legal principles and encompasses finance, accounting, and labor by providing a 'one-stop damage relief service' that encompasses finance, accounting, and labor by analyzing the settlement system of the franchise headquarters, calculating unpaid balances, and inspecting labor risks during the franchise operation process. Attorney Dae-Ryun Son Gye-Jun said, "Unfair acts taking advantage of the franchise headquarters' superior position are not simply violations of the law, but are directly related to the livelihood of store owners," and added, "We provide support and collective response from various angles so that store owners can receive actual damage relief. “We plan to carry out the procedures in parallel,” he said. Daeryun is currently preparing to operate a damage reporting center for franchise businesses, and plans to present effective solutions focused on protecting store owners through the damage reporting center in the future. Eunhye Lee (zhses3@joseilbo.com)[View full article] Tax Ilbo - Daeryun Law Firm Launches TF Dedicated to ‘Franchise Business Damage Relief’ (Click here) Law Leader - Spreading franchise business disputes... Daeryun Law Firm launches TF dedicated to franchise damage relief (Go here) Sejeong Ilbo - Daeryun Law Firm Launches TF Dedicated to Damage Relief for Franchise Businesses (Click here)

A threat was written along with the details of the purchase of a weapon... "I wrote it out of anger" Claim: "The characteristics of the office worker community must be taken into consideration... A man who posted a message saying he would kill a foreigner on an internet community was cleared of charges due to lack of evidence reaching the victim. The Seoul Central District Prosecutors' Office decided not to indict a man in his 30s, Mr. A, who was sent on charges of public intimidation in December of last year. In October of last year, Mr. A posted on the bulletin board of an anonymous office worker community, 'If you enter Korea, He was accused of posting a post titled 'Sending all Egyptians to the underworld', along with a purchase history of a Japanese sword and a baseball bat. Mr. A is known to have deleted the post a few hours after he wrote it. Mr. A completely denied the charges. He said, "At the time of writing, I was extorted of 10 million won worth of money by a local person during a business trip to Egypt and the goods were confiscated at customs, so I wrote this out of resentment," and "It was just an accidental expression of emotion, but I did not commit an actual crime." “I had no plan to commit it at all,” he claimed. The prosecution accepted Mr. A’s claim. Considering that the specific date and place of the crime were not specified, it was judged to be insufficient to admit that there was an intention to threaten. The prosecution explained, “In the case of the site where the article was posted, unrefined expressions abound behind anonymity,” adding, “The crime of intimidation is established only when the other party recognizes the meaning by notifying the harm.” He added, “The site in question is for office workers in Korea.” Considering that it is a space, there is insufficient evidence to say that the suspect's post reached the target Egyptian people," he added. Attorney Seo Bong-ha of Daeryun Law Firm, who represented Mr. A, said, "We sincerely explained that if the actor's words and actions are merely emotional swear words or temporary expressions of anger, the intent to threaten cannot be acknowledged. Since the public intimidation crime was implemented last March, we were able to obtain a good result by proving that the perception of illegality was weak." It was revealed. #incident #foreigner #murder #non-indictment Park Seok-ho (haitai2000@ikbc.co.kr)[View full article] “If you go to Korea, I will send Egyptians to the underworld”...Why is a man in his 30s not indicted for making public threats? (Shortcut)

An opportunity will be provided to analyze in-depth the patent disputes and personnel and labor issues that heated up the pharmaceutical and bio industries last year and to explore corporate response strategies to the changing regulatory environment. Daeryun Law Firm announced on the 15th that it will hold a webinar (online seminar) '2025 Pharmaceutical and Bio Sector Settlement - Medical, Bio and Healthcare Group Seminar' on the 28th. The lecturer will be attorney Lee Il-hyung, head of Daeryun Pharmaceutical Bio Healthcare Center. This lawyer, who holds a pharmacist's license, is an expert with extensive litigation experience, ranging from pharmaceutical patent disputes to healthcare regulatory response and legal advice. The webinar largely consists of analyzing precedents and examining major laws and regulations in the pharmaceutical and bio fields of last year. In particular, attorney Lee Il-hyung personally carries out cases and delivers practical implications focusing on major precedents in which legal principles were argued. First, through the '13-valent pneumococcal vaccine ruling', we look in detail at the latest issues in the patent field, such as ▲whether the production of semi-finished products constitutes patent infringement (direct infringement) ▲the principle of territoriality and the meaning of domestic production ▲the scope of application of exceptions to experimental implementation (research purposes) under the Patent Act. Next, we analyze rulings related to illegal dispatch, a chronic risk in the pharmaceutical industry, from a human resources and labor perspective. The key issue is whether compliance with the main contractor's standard operating instructions (SOP) can be viewed as actual command and order. Attorney Lee plans to explain the criteria for judging illegal dispatch based on relevant precedents and present specific risk management measures for the operation of subcontractors in the pharmaceutical and bio industry. Lastly, we plan to examine changes in major laws and regulations, such as the 'Digital Medical Products Act' that has been in effect since last year, and share compliance points that companies should not miss and practical countermeasures. Daeryun Kim Kook-il, CEO of Management, said, "Patents, regulations, and employment structures are intertwined in the biopharmaceutical industry, so even a single ruling can have a significant impact on corporate management. Through this webinar, it will be an opportunity to obtain practical risk management solutions that can be immediately applied to the field based on the perspective of lawyer Lee, who has personally handled related cases." This webinar will be held online, and you can apply for participation on Daeryun Law Firm’s official website. Applicants will be separately notified of the access link.[View full article] Medipana - Daeryun Law Firm holds a webinar on ‘2025 Pharmaceutical and Bio Settlement’ on the 28th (Go here) International News - Daeryun holds ‘2025 Pharmaceutical/Bio Settlement’ webinar… “Summary of key precedents” (Shortcut)

Intensive inspection of high-impact AI regulations and liability structures ahead of the implementation of the AI Basic Act Sharing customized response strategies for businesses for management, legal affairs, and development practitioners Daeryun Law Firm announced that it will hold the ‘AI Basic Act: Corporate Response Strategy Seminar’ at Daeryun Yeouido Main Office at 2 p.m. on the 29th. This seminar will be held jointly with the Korea Artificial Intelligence Association, and will be held in conjunction with the Korea Artificial Intelligence Association to inspect the regulatory environment changes and legal liability structures that companies will face ahead of the implementation of the AI Basic Act and share practical response strategies. It has been prepared. The AI Basic Act, which will take effect on the 22nd, aims to establish a legal basis for the development and use of artificial intelligence technology, and in particular, the key point is to impose an obligation to secure safety and reliability for ‘high-impact AI’ systems that can have a significant impact on human life or basic rights. The seminar consists of a total of three sessions. Lee Seon Choi, CEO of Daeryun Law Firm, who presented the first session, is an AI compliance expert and has practical experience in directly planning, producing, and applying the ‘Daeryun AI’ legal review system, a vertical AI specialized in the legal tech area. Based on this, he plans to point out the regulations and legal responsibility structures that companies must consider in the process of introducing AI, and further look at ways to maximize corporate profits by practically utilizing AI in management. The second session presentation will be delivered by attorney Nam Kwon-yul. Attorney Nam plans to explain the obligations and implementation plans for securing transparency, safety, and accountability related to high-impact AI, based on his experience participating in multi-disciplinary regulatory improvement work, such as reviewing the bill on the promotion and use of the legal technology industry while working at the Office for Government Policy Coordination. Lastly, Attorney Ji Min-hee, who has served as a legal advisor to startups and a member of the Blockchain Law Society, will share the application and management plan of basic AI laws that can be used within each company, focusing on practical issues that arise in the process of introducing AI technology. It is a plan. Cho Young-gon, head of Daeryun AI and Data Intelligence Group, said, “Ahead of the implementation of the Basic AI Act, companies are facing uncertainty about the scope and responsibility of high-impact AI.” He added, “This seminar focused on presenting response strategies that can be applied to actual corporate practice beyond explaining the provisions of the law.” This seminar will be held simultaneously online and offline, and participation can be applied for on the Daeryun website. jckim99@sportsseoul.comReporter Kim Jong-cheol[View full article] Sports Seoul - Korea Artificial Intelligence Association and Daeryun Law Firm hold a seminar on strategies to respond to the ‘Basic AI Act’ (Go here) Gyeonggi Ilbo - Daeryun Law Firm holds ‘AI Basic Law Corporate Response Strategy Seminar’ (Go here)

The proportion of digital sex crimes is increasing. According to statistics from the Ministry of Gender Equality and Family and the Korea Institute of Criminology and Legal Policy on the 13th, the proportion of digital sex crimes among all sex crimes has nearly tripled in four years, from 8.3% in 2019 to 24% in 2023. Since the N Room incident, digital sex crimes have been evolving more secretly and sophisticatedly. Recently, the existence of ‘AVMOV’, an illegal video distribution site, has been reported in the media and is causing social repercussions. AVMOV has been distributing large quantities of illegally filmed videos of family members, lovers, and other acquaintances, and it has been revealed that the number of subscribers is more than 500,000. Since the reports surrounding AVMOV, questions surrounding related punishments have been popping up one after another on the Internet. Most people react with anxiety, wondering if they could be subject to punishment just by accessing the site. In relation to this, attorney Kim In-won of Daeryun Law Firm said, “Recently, investigative agencies are tracking not only operators but also simple users through overseas cooperation and digital forensics.” He added, “Especially in cases where child and adolescent sexual exploitation material is mixed, such as in the AVMOV case, it is highly likely that the excuses of ‘I saw it without knowing’ or ‘I did not download it’ will not work, so legal response is required from the beginning of the investigation. “It is essential,” he advised. The following is a Q&A with Attorney Kim - Will I be punished for simply watching streaming on AVMOV without payment or downloading? ▲ In principle, I am subject to punishment. In accordance with Article 14, Paragraph 4 of the Sexual Violence Punishment Act, a person who possesses, purchases, stores, or watches illegally filmed material may be subject to imprisonment for up to 3 years or a fine of up to 30 million won. If the target of the illegal filming is a child or adolescent under the age of 19, he or she may be sentenced to imprisonment for a term of more than 1 year in accordance with Article 11, Paragraph 5 of the Act on the Sexual Protection of Children and Adolescents. In the past, possession of files was important, but with the revision of the law, the act of watching streaming itself is now defined as a crime. In particular, if it was possible to guess that it was an illegal video through the thumbnail or title, it would be difficult to avoid punishment as ‘intentional failure to write’ was recognized. - I accessed the site quite a lot, can I reduce my sentence if I turn myself in? ▲Embroidery is a ‘double-edged sword.’ Voluntary reporting before becoming aware of the investigative agency can be a favorable sentencing factor that can lead to leniency as a sign of reflection. If you are a person involved in the operation or have uploaded something, this can be a strategy to avoid arrest. It is safe to turn yourself in after consulting with a lawyer. -What is the primary criterion for being subject to an AVMOV investigation? ▲ Investigative agencies are given priority because they must investigate a large number of connected users with limited manpower. Site operators, distributors, payers, and bulk downloaders are the top targets. In particular, paid payment details serve as evidence proving ‘provision of criminal proceeds’ and ‘clear intent.’ However, even if you are a free member, there is a possibility that you will be subject to investigation if you have a high number of connections or if logs of repeated viewing of a specific subtitle are confirmed. -Formatting your mobile phone or hard disk when a police investigation begins is absolutely prohibited. Physically destroying a hard disk or hastily deleting data is regarded by investigative agencies as an attempt to ‘destroy evidence’ and becomes a decisive reason for issuing an arrest warrant. Recent forensic technology can even restore log records of deleted data. Rather, it is wise to immediately stop accessing and prepare objective sentencing materials through a lawyer to prove the circumstances of one's access and lack of intention. - How should one respond if one has been wrongfully implicated in the AVMOV case? ▲Digital sex crimes are a battle to prove ‘intention.’ If a pop-up window appears due to accidentally clicking on a banner while surfing the web, or if viewing history is left behind due to auto-play, this must be explained technically. However, in this case of AVMOV, the ‘login’ process is essential to watch the video, so it is highly likely that the investigative agency will judge this to be an intentional act. Therefore, rather than blindly denying the charges, an active legal defense is needed, such as receiving assistance from forensic experts and lawyers and submitting log analysis data to prove that the access in question was temporary or unintentional. Reporter Kwon Byeong-seok (bsk730@fnnews.com)[View full article] You can be punished just for accessing... For investigation response related to AVMOV (Go here)

All-round cooperation including labor, taxation, M&A, etc. Acceleration of expansion of global legal services - Daeryun “We will become legal partners for companies entering Vietnam together with local top-level law firms” Daeryun Law Firm announced on the 13th that it has signed an MOU (business agreement) with Vietnamese law firm Phuoc & Partners and decided to join forces to expand global legal services and strengthen support for companies in both countries. The signing ceremony was held virtually at Daeryun’s Gangnam branch office on the 6th, with Daeryun CEO Kim Kuk-il, attorney Yoon Kyeong-won, and consultant Jang Jin-eol. Partner attorney Ngo Thi Kim Trinh and attorney Nguyen Tan Qui of Phuoc & Partners attended. Phuoc & Partners is an independent law firm headquartered in Ho Chi Minh City, Vietnam and operating branches in Hanoi and Da Nang, providing integrated legal services to multinational companies and public institutions based on more than 20 years of expertise. In particular, in the fields of labor law, taxation, and litigation, it has been recognized as Vietnam's top law firm by international rating agencies such as Legal 500 and Asialaw, and has established a solid position in the local legal market. Through the signing of this MOU, the two companies plan to provide professional global legal solutions to both domestic companies entering Vietnam and Vietnamese companies wishing to invest in Korea. Specifically, ▲ legal advice on labor law and employment for companies investing and entering Vietnam ▲ tax structure design and tax risk management. We plan to closely cooperate in various fields, including advisory ▲M&A and investment advisory between Korea and Vietnam ▲joint response to commercial litigation and international arbitration ▲cooperation in intellectual property protection and debt collection. Ngo Thi Kim Trinh, partner lawyer at Phuoc & Partners, said, "It is meaningful to cooperate with Daeryun at a time when exchanges between Korean and Vietnamese companies are becoming more active," and added, "We will create practical results through the cross-border cooperation model between the two companies." “We expect this,” said Kim Kook-il, CEO of Daeryun Management, who said, “We are happy to have this great opportunity to form a cooperative relationship with Phuoc & Partners, a top-level law firm in Vietnam. Based on Daeryun’s unique total legal service model and AI technology, we will become a reliable legal partner for companies entering Vietnam.” Meanwhile, Daeryun is continuously expanding its global network by advancing into major overseas countries such as the United States and Japan. Based on close partnerships with local law firms and companies, we plan to provide companies with customized legal solutions optimized for the global business environment. Reporter Cheon Ju-young (young1997@mydaily.co.kr)[View full article] My Daily - Daeryun and Vietnam’s Phuoc & Partners sign business agreement “Korea-Vietnam cross-border legal support” (link) Law Leader - Daeryun-Vietnam Phuoc & Partners MOU···“Korea-Vietnam Cross Border Legal Support” (link)

last year 11month 29Day '3370Personal information leak incident'As pressure from the government and political circles continues to surround Coupang, which announced. The Fair Trade Commission is conducting multiple investigations regarding suspicions of unfair practices by Coupang., Beomseok Kim CoupangInc chairman's 'Whether the same person is designated'He said he would review it until. last year 12month 31At a joint hearing on the Coupang incident held on Sunday, Fair Trade Commission Chairman Joo Byeong-ki said, "next year 5When judging the month (Chairman Kim’s designation of the same person) I will look at it closely."as "Even if the same person is designated, practical punishment is weak, so we will review supplementary measures."He said.'same person(同一人)'A business group under the Fair Trade Act, so-called 'zaibatsu'the actual ruler of(count)means. Designating a specific individual as a ruler, such as Samsung Electronics Chairman Lee Jae-yong or Hyundai Motor Group Chairman Eui-sun Chung, 'natural person' method and, If the total number is unclear 'corporation' It is divided into ways of specifying itself.. Is it possible to designate the head of the Fair Trade Commission last year? 5The same person of Coupang was not the founder, Chairman Kim Beom-seok. 'corporation'designated as. At the time, whether the controlling natural person invested in a domestic affiliate, which was an exception for the same person under the Enforcement Decree of Coupang,, Relatives are prohibited from participating in management., This is because it is judged that all requirements for debt guarantees and fund loans between natural persons and relatives and domestic affiliates have been met..However, due to the personal information leakage incident, the domestic distribution industry 1As the inside story of Coupang’s management was revealed, the situation changed.. In particular, when it became known that Vice President Kim Yu-seok, the younger brother of Chairman Kim Beom-seok, received a large amount of compensation while working at Coupang. 'Whether relatives participate in management'As it rises to the surface of the water. U.S. Securities and Exchange Commission(SEC) According to submitted materials, etc., Vice President Kim 2021since 2024Cash and stock subject to transfer restrictions until 2018(RSU) As an incentive in the form of approximately 140It was confirmed that he received compensation worth billions of won.. If a relative is judged to have served as an executive or participated in management, Coupang will be exempt from the exception requirement that allows the same person to be designated as a corporation..Vice President Kim will decide whether to designate the same person. 'smoking gun'As it emerged, the ruling party's offensive targeting it also intensified.. previous year 12month 30At a joint hearing on Coupang, Democratic Party lawmaker Kim Young-bae said of Vice President Kim: "Isn't it strange that they are paid this much even though they are not executives?"I asked back. The next day, Rep. Kim Hyeon of the same party also "Vice President Kim of Coupang '3factor' Isn't it?"as "It is difficult to view him as a simple employee."pointed out.According to this, 5Attention is focused on the results of the Fair Trade Commission's designation of business groups subject to disclosure, scheduled for this month.. According to the Fair Trade Act, the Fair Trade Commission maintains a certain amount of total assets each year.(5More than trillion won)Designates a business group that corresponds to the group and effectively controls the group. 'same person(count)'Also announced.At this time, if the founder, Chairman Kim Beom-seok, is designated as the same person,, Coupang will be subject to additional regulations under the Fair Trade Act, including the obligation to disclose relatives' transactions, holding company regulations, and voting rights restrictions.. Junwoo Park, head of the Fair Trade Team at One Law Firm, said: "The economic activities of Chairman Kim's family members may be restricted., Companies run by relatives are also likely to be included as related persons."said. Son Dong-hoo, who is leading a class action lawsuit for Coupang personal information leak victims in the United States. SJKP(Daeryun Law Firm USA Corporation) New York lawyer "In the case of U.S. listed companies, designation of the same person may be perceived as a factor that increases governance risk from the perspective of global investors."He emphasized.For this reason, whether or not to designate the same person is considered one of the issues that global companies are reluctant to issue.. A representative example is the designation of the same person by Lee Hae-jin, chairman of Naver’s board of directors.. Naver founder and Chairman Lee Hae-jin is ahead of the Fair Trade Commission's designation as a business group subject to disclosure., myself 'same person' We have requested an exception from the designation.. My share 4% low inside and out 'CEO of a conglomerate'They cited reasons such as the fact that business could suffer if the image of “Ran” is highlighted.. However, the Fair Trade Commission designated Chairman Lee as the same person based on his dominance as the founder of Naver and the existence of a related company..However, given that Coupang is a company listed on the New York Stock Exchange, questions are raised as to whether the same person system can actually work.. Lawyer Son "In the United States, there is no single person system in place to designate a specific individual in advance as the person responsible for regulating a business group."as "Korea's logic of designating the same person can be perceived as a way to excessively place individuals at the center of regulation from the perspective of U.S. law."explained.Regarding Vice President Kim Yoo-seok's actual participation in management, "Direct involvement in personnel, financial, and business decisions of Korean affiliates, and documentation to support such intervention., instruction, There must be clear evidence of a contractual relationship or ongoing decision-making involvement"said.Korea Coupang is a company, Now it's Coupang's 'press window'On the In Newsroom website: 'We would like to inform you about false rumors about Coupang.'The article titled 2019year 7month 17It is posted in chronological order. In the article, Coupang described itself as 'A proud Korean company'It is called "Founded and grown in Korea, Most of our business is operated within Korea."He said.However, it has been pointed out that Coupang's response to this personal information leak is quite different from the past.. last year 12month 10Il Coupang is an American, Harold Rogers, as the successor to Park Dae-jun, CEO of Coupang Co., Ltd., a Korean corporation.(Harold Rogers)sit down and, the scale of the leak 3370not ten thousand 3000The U.S. Securities and Exchange Commission reported the results of its own investigation, which it said was a case, without consultation with the Korean government.(SEC)It was first announced in.Hwang Yong-sik, professor of business administration at Sejong University, "so-called 'black haired alien'There is bound to be criticism that this is a structure in the country that only profits and takes no responsibility."as "Even in the movement to designate the same person, there is an underlying recognition that it is necessary to demand responsible management."pointed out.On the other hand, there are also skeptical views about the effectiveness of the same person system.. Hwang Lee, a professor at Korea University Law School, "The core value of the same-person system lies in regulating private gain., Even if they are not the same person, anyone with actual control can cause a problem of misappropriation of private interests."as "A separate legal framework is needed to institutionally recognize and regulate business groups."suggested.Reporter Gong Gong-kyung by_jk@chosun.com [View full article] Fair Trade Commission "We will consider designating the same person"... Will Coupang’s Kim Beom-seok become the ‘head of a conglomerate’? (Shortcut)