ROME, Aug. 1 (Korea Bizwire) — A Montenegrin appeals court ruled Thursday that South Korean crypto entrepreneur Do Kwon should be extradited to his home country, a decision that allows for him to face trial back home over a massive crypto crash. The appeals court announced on its web page that it finalized the Podgorica [...]
SEOUL, Jul. 31 (Korea Bizwire) — An attempt by victims of Japan’s wartime sexual slavery to collect court-ordered compensation from the Japanese government has fallen through as Tokyo refused to submit a list of its assets in South Korea. The case involves several Korean victims of Japan’s sexual enslavement during World War II, who won [...]
SEOUL, July 25 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has ruled that drivers for the ride-hailing service Tada should be considered employees under labor law, potentially reshaping the gig economy landscape in the country. The court’s ruling, announced on July 25, applied traditional employment criteria to determine the status of workers [...]
SEOUL, July 25 (Korea Bizwire) – The government will push to reduce inheritance tax to reflect decades of changes in asset values and inflation, and to provide a tax credit for marriage and childbirth in an effort to boost the ultra-low birth rate, the finance ministry said Thursday. They are part of a tax code [...]
SEOUL, Jul. 24 (Korea Bizwire) – Starting August 14, automakers in South Korea will face a significant shift in how sudden acceleration incidents are handled. Under a new amendment to the Motor Vehicle Management Act, manufacturers who fail to submit relevant data about vehicles suspected of sudden acceleration will see those vehicles presumed defective. This presumption [...]
SEOUL, Jul. 24 (Korea Bizwire) — Arrest warrant hearings for two YouTubers suspected of blackmailing and extorting popular “mukbang” star Tzuyang will take place on Friday morning, according to sources on Wednesday. The Suwon District Court, located south of Seoul, will hold the hearings at 10:30 a.m. for Lee Jun-hee and Jeon Kuk-jin, known by [...]
SEOUL, Jul. 24 (Korea Bizwire) – For Samsik (a pseudonym), a 34-year-old man who has been in a same-sex relationship for 11 years, the recent Supreme Court decision recognizing health insurance dependency status for same-sex couples brought tears of joy and a sense of long-awaited acknowledgment. “Even after loving someone for so long, it was always [...]
SEOUL, Jul. 19 (Korea Bizwire) – In a move to ensure equal access to justice for non-Korean speakers, the National Court Administration of South Korea inaugurated a Court Interpretation Center at the Seoul Eastern District Court on July 17. The center, which began operations on July 1, aims to provide consistent interpretation services to courts nationwide [...]
BUSAN, Jul. 18 (Korea Bizwire) – A South Korean appeals court has rejected a lawsuit filed by civic groups in Busan seeking to prevent the Tokyo Electric Power Company (TEPCO) from releasing treated radioactive wastewater from the Fukushima nuclear plant into the ocean. The 5th Civil Division of the Busan High Court, presided over by Judge [...]
SEOUL, Jul. 16 (Korea Bizwire) – A South Korean court has ruled that the government was justified in denying national merit status to a man who was executed by North Korean forces during the Korean War after moving rice on orders from South Korean troops. According to legal sources on July 15, the 8th Administrative Division [...]