BUSAN, Nov. 24 (Korea Bizwire) — Jung Yoo-jung, a psychopathic murder suspect who stunned the nation in May for killing a stranger just out of curiosity about murder, was sentenced to life in prison by a district court in the southeastern city of Busan on Friday. The Busan District Court handed down the life imprisonment [...]
SEOUL, Nov. 23 (Korea Bizwire) – The Seoul High Court on Thursday overturned a lower court’s rejection of a damages suit filed by victims of Japan’s wartime sexual slavery and ordered Japan to pay 200 million won (US$153,863) in compensation to each of the 16 victims. The victims, often euphemistically called “comfort women,” filed the [...]
SEOUL, Nov. 22 (Korea Bizwire) – The government rolled out a comprehensive set of measures on Wednesday to tackle illegal drug trafficking and usage, with a particular emphasis on enhancing border inspections. The latest measures involve cracking down on drug smuggling, overseeing medical-purpose drugs more effectively, and expanding rehabilitation programs, according to the Office for [...]
GWANGJU, Nov. 20 (Korea Bizwire) – A South Korean court has levied a fine of 18 billion won for unpaid taxes, giving the individual charged the option of working off the fine with a daily labor value set at 16.5 million won. Despite mounting criticism of the so-called ‘emperor’s labor,’ the court maintains it has no [...]
SEOUL, Nov. 17 (Korea Bizwire) – Prosecutors demanded a five-year prison sentence for Samsung Electronics Co. Chairman Lee Jae-yong on Friday on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. Prosecutors also requested a fine of 500 million won (US$386,817) for Lee during the final [...]
SEOUL, Nov. 16 (Korea Bizwire) –Police said Thursday they had booked a total of 85 people for selling unapproved Achilles tendons to hospitals and taking some 10 billion won (US$7.7 million) in medical care expenses from state health insurance. The Seoul Metropolitan Police Agency said they referred 26 people running the import and supplier companies [...]
SEOUL, Nov. 16 (Korea Bizwire) – Controversy has escalated following a recent court ruling that deemed the act of crafting wallets by repurposing luxury bags, a practice commonly known as ‘reform’ in Korean, as a violation of trademark rights. In response to the court’s decision demanding compensation of 15 million won from the owner of a [...]
SEOUL, Nov. 13 (Korea Bizwire) – A South Korean court has ruled that the repurposing of luxury items, a process commonly referred to as “reform” in South Korea, constitutes trademark infringement. According to legal sources on Sunday, the 63rd Civil Chamber of the Seoul Central District Court, in a trademark infringement prohibition case brought by Louis [...]
SEOUL, Nov. 9 (Korea Bizwire) — The Supreme Court on Thursday upheld a lower court’s ruling that ordered humidifier disinfectant manufacturers to pay compensation to a victim of the chemical. The civil litigation began in February 2015, when the victim, surnamed Kim, who used a humidifier sanitizer product made and sold by Oxy Reckitt Benckiser [...]
SEOUL, Nov. 8 (Korea Bizwire) – On Tuesday, the Ministry of Employment and Labor (MOEL) made an important announcement regarding the release of a casebook titled “Serious Accident White Paper.” This publication is a compilation of 10 pivotal cases of serious accidents that have taken place thus far, designed to serve as a valuable reference for [...]