CHUNGJU, South Korea, Feb. 10 (Korea Bizwire) — A South Korean court is moving to repair an extraordinary mistake in a civil damages case after issuing a ruling in which the legally binding order and the written reasoning pointed in opposite directions — an error that went unnoticed for roughly six months and left the parties [...]
SEOUL, Feb. 6 (Korea Bizwire) — A landmark Supreme Court decision requiring Samsung Electronics to include certain performance incentives in the calculation of severance pay is triggering a new round of lawsuits, with former employees rushing to file claims before the statute of limitations expires. According to legal sources on Thursday, 22 former Samsung Electronics employees [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s Supreme Court has sided with the National Tax Service in a closely watched inheritance tax dispute involving more than 100 billion won, ruling that lower courts failed to adequately examine whether a stock sale shortly before the decedent’s death was designed to avoid taxes. According to legal officials [...]
SEOUL, Jan. 30 (Korea Bizwire) – The Supreme Court has finalized a ruling that ordered a Japanese construction company to pay 100 million won (US$69,500) in compensation to the family of a South Korean victim of Tokyo’s wartime forced labor. The family filed a compensation suit against the firm, Kumagai Gumi, in April 2019, claiming [...]
SEOUL, Jan. 29 (Korea Bizwire) — South Korea’s Supreme Court ruled on Thursday that certain bonuses paid by Samsung Electronics must be included in the calculation of employees’ average wages, a decision that could reshape how severance pay is determined across the country’s private sector. The ruling comes nearly seven years after 15 former Samsung employees [...]
ULSAN, Jan. 27 (Korea Bizwire) — A South Korean court on Tuesday acquitted former labor union leaders at HD Hyundai Heavy Industries who had removed facial-recognition access equipment from the company’s shipyard, ruling that their actions constituted a legitimate response to an imminent violation of workers’ rights. The Ulsan District Court found 13 former officials [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s National Health Insurance Service suffered another legal setback Thursday in its long-running effort to hold tobacco companies financially responsible for smoking-related diseases, as an appeals court again rejected its claim for damages—12 years after the lawsuit was first filed. The Seoul High Court upheld a lower-court ruling dismissing [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s Supreme Court has ordered Pizza Hut Korea to refund 21.5 billion won (about $16 million) to franchise owners, ruling that the company illegally collected undisclosed margin-based fees without explicit contractual consent—a decision expected to reverberate across the country’s franchise industry. In a final ruling issued Thursday, the Supreme [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s Supreme Court has ruled for the first time that companies may be exempt from statutory damages for data breaches if they can demonstrate that customers suffered no actual harm, a decision that could reshape corporate liability in personal data cases. In a ruling finalized last month and disclosed [...]
SEOUL, Jan. 13 (Korea Bizwire) – Cheong Wa Dae said Tuesday that it expects a court to deliver a verdict for former President Yoon Suk Yeol in accordance with the law and in a manner that meets public expectations, after the special counsel demanded the death penalty over his failed martial law imposition. “Cheong Wa [...]