SEOUL, Nov. 26 (Korea Bizwire) — South Korea’s food and drug watchdog said Monday it has filed a response to Philip Morris Korea Inc.’s lawsuit over the disclosure of information on its research on harmful substances found in alternative tobacco products. The Ministry of Food and Drug Safety said it has selected a local law [...]
GWANGJU, Nov. 1 (Korea Bizwire) — An elderly woman in her 80s strapped in a wheelchair and a grey-haired gentleman sat in the front row of a court room in Gwangju yesterday. They are victims of forced labor by Mitsubishi Heavy Industries of Japan. This was the second of three court cases against the Japanese [...]
(image: KobizMedia/ Korea Bizwire) SEOUL, Aug. 3 (Korea Bizwire) — A group of South Koreans consumers jointly filed a lawsuit against BMW over a faulty part which appears to have caused vehicles to catch fire, a local law firm representing the plaintiffs said Friday. The lawsuit by 13 owners of the BMW 520d sedan is [...]
SEOUL, Jul. 30 (Korea Bizwire) — A group of South Korean customers has jointly filed a lawsuit against BMW over a component that appears to have recently caused fires in one of its best-selling sedans, the company and the customers’ lawyer said Monday. On Monday, four owners of the BMW 520d sedan lodged a joint [...]
SEOUL, Jul. 20 (Korea Bizwire) — A group of South Korean customers is moving to file a lawsuit against MAN Trucks & Bus Korea over alleged faulty parts in trucks they bought from the German carmaker, industry sources said Friday. Seventy-two owners of MAN trucks have decided to lodge a suit with a district court [...]
SEOUL, Jul. 13 (Korea Bizwire) — U.S. activist fund Elliott Associates has filed an investor-state dispute (ISD) suit against the South Korean government seeking compensation for its losses from a 2015 merger of two Samsung units, Seoul’s justice ministry said Friday. The notice of arbitration lodged by the American firm comes three months after Elliot [...]
SEOUL, Jul. 3 (Korea Bizwire) — South Korea’s government is facing another investor-state dispute (ISD) lawsuit from a U.S. fund over a controversial merger of two Samsung Group companies in 2015. The Ministry of Justice said in a release on Tuesday that it has received a notice of intent from Mason Capital Management, seeking US$175 [...]
SEOUL, Jul. 3 (Korea Bizwire) — Car dealers working for Porsche Korea have filed for damages against their employer, as the scandal involving the doctoring of emissions results left them unable to sell the vehicles. Porsche officials were charged with falsifying results to help cars meet Korea’s environmental standards. This is the first time that [...]
SEOUL, Jun. 28 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has reached an agreement with Apple Inc. to settle the latest legal dispute surrounding alleged smartphone design infringement “We cannot provide any details other than that we reached an agreement with Apple,” a source from Samsung Electronics said. Samsung refrained from disclosing other [...]
SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co. on Friday expressed discontent against the decision made by the U.S. court, which ordered the company to pay its archrival Apple Inc. US$539 million for design infringement. “Today’s decision flies in the face of a unanimous Supreme Court ruling in favor of Samsung on the scope [...]