Trade Secrets Case Archives | Be Korea-savvy
Top Court Extends Corporate Liability to Foreign Firms in Trade Secrets Case

Top Court Extends Corporate Liability to Foreign Firms in Trade Secrets Case

SEOUL, Sept. 8 (Korea Bizwire) — In a landmark ruling, South Korea’s Supreme Court has upheld the authority of domestic courts to punish foreign corporations under so-called “dual liability” provisions, affirming that overseas companies can face criminal penalties if their employees commit trade secret violations within Korea. The decision came in a case involving Everlight, a [...]