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Lone Star’s Tax Refund Battle Reignites as South Korea’s Supreme Court Orders Retrial

Lone Star’s Tax Refund Battle Reignites as South Korea’s Supreme Court Orders Retrial

SEOUL, April 26 (Korea Bizwire) —  South Korea’s Supreme Court has overturned a lower court ruling that ordered the government and the Seoul Metropolitan Government to refund 168.2 billion won (approximately $116 million) in taxes to U.S. private equity firm Lone Star Funds, sending the case back for retrial. According to legal sources on April 25, [...]

South Korea to Require Domestic Representatives for Major Foreign Game Companies

South Korea to Require Domestic Representatives for Major Foreign Game Companies

SEOUL, April 25 (Korea Bizwire) —  South Korea will soon mandate that large foreign gaming companies designate local representatives as part of a broader effort to enhance consumer protection and enforce gaming regulations more effectively, the Ministry of Culture, Sports and Tourism announced on Thursday. The ministry plans to revise the enforcement decree of the Game [...]

South Korean Court Jails YouTuber Over Vigilante Doxxing in Milyang Assault Case, Sparks National Debate on ‘Cyber Rippers’

South Korean Court Jails YouTuber Over Vigilante Doxxing in Milyang Assault Case, Sparks National Debate on ‘Cyber Rippers’

CHANGWON, April 24 (Korea Bizwire) —  A South Korean court has sentenced a YouTuber to prison for publicly disclosing personal information about individuals he claimed were perpetrators in a decades-old sexual assault case—issuing a stern warning against so-called “cyber rippers” who exploit sensational content under the guise of justice. In South Korea, these “cyber rippers” are [...]

South Korea Expands Access for Assistance Dogs Under New Disability Law Revisions

South Korea Expands Access for Assistance Dogs Under New Disability Law Revisions

SEOUL, April 22 (Korea Bizwire) —  Starting April 23, 2025, individuals with disabilities in South Korea will be allowed to enter nearly all public and private spaces with assistance dogs, following a newly revised enforcement ordinance and rule under the Disability Welfare Act (ACT ON WELFARE OF PERSONS WITH DISABILITIES). Announced by the Ministry of Health [...]

Workers at Small Businesses Remain Unprotected Under Labor Law, Advocacy Group Warns

Workers at Small Businesses Remain Unprotected Under Labor Law, Advocacy Group Warns

SEOUL, April 20 (Korea Bizwire) —  Despite growing awareness of labor rights in South Korea, workers at businesses with fewer than five employees continue to face widespread legal exclusion and exploitation, according to a report released Sunday by labor advocacy group Workplace Gapjil 119. The group highlighted recent consultations with employees at small firms who reported [...]

South Korea Expands Unemployment Benefits Access for Crime Victims Unable to Work

South Korea Expands Unemployment Benefits Access for Crime Victims Unable to Work

SEOUL, April 17 (Korea Bizwire) — In a move to strengthen protections for crime victims, South Korea’s Supreme Prosecutors’ Office and the Ministry of Employment and Labor have jointly revised internal guidelines to make it easier for affected workers to receive unemployment benefits. Announced on April 16, the new policy allows individuals who leave their jobs [...]

Legal Battle Over Sokcho Ferris Wheel Pits Developer Against City in High-Stakes Dispute

Legal Battle Over Sokcho Ferris Wheel Pits Developer Against City in High-Stakes Dispute

SOKCHO, South Korea, April 10 (Korea Bizwire) — A heated legal dispute has erupted over the future of the Sokcho Eye, a Ferris wheel perched on the beachfront of Sokcho, as the city government and the developer clash in court over the legitimacy of the project’s permits and their subsequent cancellation. At the center of the [...]