Business SolutionsLegal Excellence
Thanks to our years of experience, we at HMP LAW offer the best business solutions and legal services for the success and prosperity of our clients.
The Tech & Comms Team at HMP Law researches and provides clients with proactive, strategic and specialized legal advice on current or potential legal issues arising from numerous breakthrough technologies that are rapidly evolving, such as big data, internet of things (IoT), artificial intelligence (AI), 3D printing, drones, FinTech, blockchain, virtual (crypto) currencies, virtual (crypto) currency exchanges, initial coin offerings (ICOs), virtual reality (VR), augmented reality (AR) and mixed reality (MR), electric cars, driverless cars, secondary battery, renewable energy, new materials, and sharing economy. ◆ Advice on legal regulations, required licenses and permits and other industry-specific regulations relating to new technologies ◆ Advice on establishment, operation and investment of Korean subsidiaries or other entities by foreign-based breakthrough technology companies ◆ Advice on privacy, data protection, personal information protection or data security ◆ Advice on copyright, patent and other intellectual property rights relating to breakthrough technologies ◆ Representation in litigation matters and other legal disputes before courts or arbitrators in connection with breakthrough technologies ◆ Education and training of directors, executives and employees on legal issues and risk-reducing methods in connection with breakthrough technologies
A rapid increase in imported car numbers, environmental issues and greater technological advancements all point to greater regulatory challenges ahead for the automotive sector. Our Automotive team has a comprehensive understanding of the automobile industry and works closely with colleagues in other practice areas (including M&A, corporate, competition, dispute resolution and intellectual property) in numerous dealer disputes, labor disputes, safety regulation compliance, intellectual property disputes and licensing arrangements. We have worked with some of the leading manufacturers and distributors of automobiles, buses, motorcycles and automotive parts in Korea. Our experience and capabilities allow us to provide one-stop legal advice to deal with your most urgent issues. ◆ Advisory services in respect of establishment of dealership networks, distributorship joint ventures ◆ Product liability action prevention and defense ◆ Product recall management (including liaison with Ministry of Land, Infrastructure and Transport) ◆ Representation in collective bargaining with sales employee unions, including criminal and civil actions ◆ Advice on automotive financing and leasing agreements [Representative Work] Advised on the conclusion of dealership agreements for British, German and Japanese carmakers Advised on establishment of joint ventures between a German carmaker and a domestic dealership company Performed contract standardization for major dealership company of a German carmaker Managed numerous defective automobile claims, providing advice on product liability laws Advised on warranty claims Advised on the recall order issued by the Ministry of Land, Infrastructure and Transport to German manufacturers Successfully defended a number of dealership companies in labor disputes in respect of labor related issues of dealership companies (such as establishing rules of employment/wage system or dispute resolution with the relevant union)
HMP Law prides itself in having an Education Law Team tasked with advising a number of private education institutions (universities, international schools and foreign schools alike) in their establishment, merger, management and general operations. Our specialization has enabled us to meet the unique needs of our clients in the education industry. ◆ Advice on general school operation matters including management structure, supervisory functions, accounting treatments, human resource issues, student incidents, etc. ◆ Review of educational foundation structures to ensure compliance ◆ Health and safety compliance reviews ◆ Advice on endowments, donations, professorship & scholarship conditions ◆ Parent-school and teacher-school dispute resolution ◆ Advice on management of foreign schools and international schools [Representative Work] Regularly advise a number of foreign and international schools and universities Advised on school mergers Participated in the management of schools as board members and auditors Advised on the acquisition of a specialist maritime school Advised on accounting treatments specific to private schools and treatment of donations Frequently consulted by government authorities and the Ministry of Education, Science and Technology on education policy issues
Foreign investors beef up shareholder activism with legal clarity
South Korea introduced a law in February to support a new form of activism by “general” equity investors, enabling minority shareholders to have a say in corporate decisions. The revision of the Capital Markets Act has offered investors legal clarity in their move to boost shareholder value and adhere to stewardship codes. So far, four foreign investors have declared they are “general” investors in eight listed companies,” so that they can be more actively engaged in dividend payout policies and executive pay plans as a minority shareholder.
[The Korea Herald] 2020-03-16
Impact of permit and reporting system on location information business in South Korea
[In-House Community] 2019-10-23
[Anatomy of the Korean mind] History and culture are key to understanding Korean law
[JoongAng Daily] 2019-09-25