SEOUL, Dec. 8 (Korea Bizwire) – Over 3,000 owners of Volkswagen vehicles in South Korea are participating in a class-action lawsuit against the German auto giant, demanding the cancellation of their purchases and full refunds, industry sources said Tuesday. According to the sources, about 3,200 customers of Volkswagen and its luxury brand Audi have joined [...]
GWANGJU, Aug. 7 (Korea Bizwire) — A contemporary art foundation said Thursday it has received mixed rulings on a couple of damages suits involving art works displayed at its festivals. The Supreme Court has found the Gwangju Biennale Foundation not responsible for damage done to an art piece by Ai Weiwei, a Chinese human rights [...]
SEOUL, Jun. 4 (Korea Bizwire) — BNP Paribas South Korea sued its customers most frequently when facing disputes with them, among all the non-life insurance companies in Korea last year. According to the Financial Consumer Agency on June 3, BNP Paribas South Korea dealt with seven dispute cases at the court, with 26.9 percent of [...]
SEOUL, Sep. 18 (Korea Bizwire) – Samjong KPMG, a general accounting, finance and management advisory firm in Korea, targets to enter the lawsuit market armed with professionals for electronic discovery, or e-discovery. E-discovery, referring to the process of discovery in civil litigation carried out in electronic format, requires litigants to provide each other’s relevant information and [...]
SEOUL, May 16 (Korea Bizwire) – An appeals court ruled in favor of the plaintiff SK Telecom in a lawsuit against the Fair Trade Commission over its alleged support to an IT services company within SK Group. The Seoul Appeals Court recently handed a sentence that it is illegal that the commission issued a corrective [...]
TOKYO, March 14, 2014 (Korea Bizwire) – Toshiba Corporation (http://goo.gl/p8j1Ek) (TOKYO:6502) today announced that it has brought a civil suit against Korea’s SK Hynix Inc. at the Tokyo District Court, under Japan’s Unfair Competition Prevention Act. The suit seeks damages for the wrongful acquisition and use of Toshiba’s proprietary technical information related to NAND flash [...]
SEOUL, South Korea, Sept 28 (Korea Bizwire) – In as many as seven cases out of ten in which a customer sues an insurance company, the defendant lost. As for the cases where an insurance company sues a customer, the success rate was only two thirds, meaning the corporate plaintiff lost 33 percent of times. That [...]