SEOUL, July 12 (Korea Bizwire) — A dispute over “idea theft” between startup Prinker Korea Inc. and cosmetics giant LG Household & Health Care Ltd. has been resolved through a win-win agreement. The dispute arose when Prinker Korea claimed in February that LG H&H had released a tattoo printer product by stealing the idea of [...]
SEOUL, Oct. 10 (Korea Bizwire) — Disputes between lawyers and clients over legal fees are growing amid a slump in the legal services market and stiffer competition among lawyers. According to industry sources, the practice of paying lawyers a deposit for their fees is shifting from paying in a lump sum to paying in installments [...]
SEOUL, June 30 (Korea Bizwire) — Pet owners engage in disputes with those without pets primarily because of hostile acts, and those without pets, in contrast, blame pet sanitation problems as a source of dispute, a survey showed Wednesday. The Korea Tourism Organization conducted a survey of 2,006 people who have owned a pet for [...]
SEOUL, June 29 (Korea Bizwire) — An international tribunal declared an end to all proceedings in a multi-billion dollar suit the U.S. private equity firm Lone Star filed against South Korea’s government 10 years ago over disputes surrounding its asset sell-off, according to the justice ministry Wednesday. The International Center for Settlement of Investment Disputes [...]
SEOUL, March 24 (Korea Bizwire) — As the COVID-19 pandemic continues to rage on, soon-to-be-married couples are being forced to postpone their wedding because of family members or themselves testing positive for the virus. In some cases, couples are charged exorbitant penalties for breach of contract, raising frustrations. The Korea Consumer Agency received 47 consultation [...]
SEOUL, Aug. 24 (Korea Bizwire) — A group of taxi drivers who are affiliated with Kakao Mobility Corp., the country’s top taxi-hailing company, are facing sanctions from from the firm after asking passengers not to the service. According to industry sources, Kakao Mobility issued warnings to a total of 33 affiliated taxi drivers who were [...]
SEOUL, April 20 (Korea Bizwire) — The value of protecting public safety is not arguable. But what if it comes at the price of forcing others to make sacrifices — physically and financially? The ongoing conflict at a mega apartment complex in eastern Seoul between thousands of its residents and package delivery workers might provide [...]
SEOUL, April 19 (Korea Bizwire) — Kakao Corp., once embroiled in a long-standing dispute with the taxi industry due to its ride-sharing service, is once again facing similar criticism. Kakao Mobility Corp., the mobility business unit of Kakao, released a new 99,000 won (US$88.50) monthly subscription plan for taxi drivers last month that offers benefits [...]
SEOUL, April 8 (Korea Bizwire) – Delivery workers threatened Thursday to end doorstep delivery for customers living at a massive apartment complex in eastern Seoul, in protest against a rule that requires delivery trucks to use only underground parking spaces. In a press conference held in front of the complex that houses 5,000 apartment units, [...]
SEOUL, Jun. 27 (Korea Bizwire) — With its gleaming buildings, immaculate green landscape, and well-supplied library and science labs, Sangsan High School in the southwestern city of Jeonju has the trappings that befit an upscale university. Founded in 1981 by a superrich educator, the school has long epitomized diversity, choice and freedom of education, as [...]