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An investor who had handed over 1 billion won worth of money based on the promise of 'principal guarantee' and was in danger of not getting it back recovered most of his investment after a legal battle. On the 13th of last month, the Seoul Southern District Court ruled in favor of the plaintiff in a lawsuit filed by A, a man in his 30s, against his acquaintance B on the 13th, saying, "The defendant should pay the plaintiff about 1.483 billion won and delay damages for the same." In 2022, a total of 1.18 billion won was given to Mr. B for cryptocurrency investment and fund lending. However, contrary to his original promise to guarantee principal, Mr. B repeatedly postponed repayment. Afterwards, Mr. B wrote an additional memorandum of performance and agreement for Mr. A, but the repayment was never made. Accordingly, Mr. A filed a criminal complaint against Mr. B and also filed a civil suit. Mr. B claimed that he was only an intermediate agent. At the same time, he emphasized that Mr. A violated the ‘duty of cooperation’ in the agreement by suing him for violating the Special Police Act. If repayment was not made, it was decided to set up a mortgage of 1.5 billion won to Mr. A using the Cambodian land owned by Mr. B as collateral, but the intention was that even this had become impossible due to the criminal complaint. On the other hand, the court accepted most of Mr. A's claims. The court explained, "There is no basis to believe that repayment was delayed due to the plaintiff's complaint, and since the defendant clearly stated in the agreement that he would take responsibility directly, we cannot accept the claim that he was a simple introducer." However, the portion of the agreed interest exceeding 20% per annum, the legal maximum interest rate, was deemed invalid and ruled to pay approximately KRW 1.483 billion excluding this amount. Kim Won-sang, a lawyer at Daeryun Law Firm who served as Mr. A's legal representative, said, “The defendant spoke as if the plaintiff's obligation to cooperate was a prerequisite for a refund, but he actively clarified that this was an argument that changed the relationship over time.” He added, “It was not a verbal promise, but a document containing the specific amount and intention to repay, which was the defendant's “It was used as conclusive evidence to prove payment obligations, leading to good results,” he said. Reporter Kwon Byeong-seok (bsk730@fnnews.com)[View full article] Claims ‘no liability’ even after writing 1.5 billion won agreement... Court says “Handwritten signature, responsibility is clear” (Shortcut)

Workers at childcare and welfare facilities who have to care for a large number of children in one space face dilemmas every day. This is because actions taken to protect a large number of children may be seen as ‘emotional abuse’ against a specific child. In particular, the most embarrassing moment is when a child needs ‘discipline’. Due to the nature of group living, one child's problematic behavior can have a significant impact on other children, so appropriate restraint is essential. Sometimes it is necessary to separate children from other children. The problem is that such physical restraint and separation can be considered another form of child abuse. A recent case I took on also began in this dilemmatic situation. Client A was a veteran childcare worker who had worked at a child welfare facility for several years. At the facility where Mr. A was working, group B, a child suffering from severe intellectual disability and ADHD, was living with him. The problem was that Group B continued to engage in unexpected behavior, such as yelling or throwing objects. On the day of the incident, Group B also acted threateningly towards other children, so the client briefly separated Group B into a separate space to minimize damage. However, due to this action, Mr. A became a suspect of child abuse. According to Article 17, Paragraph 5 of the Child Welfare Act, no one may commit an act of emotional abuse that harms a child's mental health and development. If you violate this, you may be subject to ‘imprisonment of up to 5 years or a fine of up to 50 million won.’ In particular, the situation becomes more serious when workers at childcare facilities, rather than ordinary people, are involved in related charges. The charge applied is changed to ‘violation of the Special Act on the Punishment of Child Abuse Crimes, etc.’, and the possibility of aggravated punishment is bound to increase. The defense team, including the author, focused on proving that Mr. A’s actions were not ‘abuse’ intended to harm the child, but were ‘legitimate disciplinary and protective measures’ to protect all other children. Simply looking at the fact that the child was separated could be misleading, so we tried to convincingly explain the motive and purpose of the act, as well as the urgent situation at the time. First of all, we made it clear that Mr. A's actions were aimed at ‘protecting’ other children from violent situations. In addition, it was true that Group B was separated for nearly 30 minutes, but the door was not locked, and it was argued that this was the minimum amount of physical restraint to ensure the safety of other children at the time. In addition, Group B also emphasized that unilateral abuse did not occur, based on the fact that he usually showed a strong bond with the client. The investigative agency also accepted this claim and was able to close the case with a non-indictment. As in the case above, measures for everyone can be seen as abuse to one child. If you face a legal problem with a similar dilemma, you must prepare objective evidence and legal arguments to prove that your actions were a legitimate protective measure. It is most important to systematically explain the legitimate purpose and background of one's actions with the help of a legal expert from the early stage.[View full article] Laurider - Legal dilemma of emotional child abuse...The main issues according to the lawyer are (Go to) Korea Law Daily - Emotional child abuse, legal dilemma of discipline and separation measures... The main issues discussed by lawyers are (Go to)

After being reported to the Fair Trade Commission for habitual abuse of power, including non-payment of payment, the retaliation lawsuit court said, "It is difficult to determine the agreement between the plaintiff and the defendant regarding incorporation." The principal contractor, who was reported by a subcontractor for habitual abuse of power and non-payment, filed a retaliation lawsuit and claimed ownership of the subcontractor, but it was not accepted. On the 20th of last month, the Seoul Southern District Court ruled that Company A, an electronic communication device seller, filed a lawsuit against Company B, a mechanical parts manufacturing subcontractor, in the retained earnings lawsuit. The plaintiff's claim was dismissed in the claim lawsuit. Retained earnings refer to surplus based on profits earned from corporate business activities. Company A signed a parts manufacturing contract with Company B in 2008 and continued the transaction for several years. Later, in 2016, Company A signed an exclusive contract with Company B due to business expansion. Accordingly, Company A received a certain fee from Company B and provided the necessary equipment for parts production. Company B reorganized the facilities in the factory. It supplied machine parts to Company A. However, Company A continued to abuse its power by repeatedly failing to pay to Company B under the pretext of business support. In the end, around February 2024, Company B reported Company A to the Fair Trade Commission for unfair subcontracting practices. After reporting, Company A suddenly filed a lawsuit claiming that ‘Company B is a subsidiary of Company A.’ Company A said, “The representative of Company B receives a salary from Company A, and is the nominal representative. He claimed, "We have an obligation to pay KRW 1.7 billion in retained earnings generated by Company B from 2016 to 2023." In response, Company B claimed that it is an independent business and has no relationship with Company A other than a subcontract. It emphasized that it received a large order from Company A, but suffered extreme economic difficulties as the payment was not paid on time. The court said it is difficult to say that there was an agreement between the two companies regarding the incorporation of the business. I decided. The court ruled, "It is true that the plaintiff provided some economic and human convenience to the defendant's business operation and business performance, but there is no basis to admit that there was an agreement between them to return to the plaintiff the retained earnings generated by the defendant's operation." Kwak Nae-won, lawyer at Daeryun Law Firm, who represented company B, said, "Company A claimed that company B was its subsidiary for reasons such as the purchase of machinery. However, this support was not provided free of charge, and hundreds of millions of won were spent. He explained, "Company B believed in Company A's promise to increase orders and took the risk of expanding its business. Company A claimed that Company B's sales increased significantly due to its business support, but Company A's other subcontractors also experienced increased sales during that period, and it was not a preferential treatment for Company B or an in-house factory, but rather a typical pattern of subcontracting during Company A's business expansion period." Attorney Kwak added, “Company A hired one of the top three domestic law firms, so the response was difficult, but we were able to win the case after proving Company A’s retaliation for reporting to the Fair Trade Commission through legal interpretation,” he said. Shin Min-ji (sourminjee@ikbc.co.kr)[View full article] “Now it’s my company.” The main contractor was trying to take over the subcontractors.. What is the court’s decision? (Shortcut)

With the launch of the new government, a wind of change is blowing in labor policy. The overall labor policy stance of this government is to shorten working hours and expand state responsibility, but it is of the position that a drastic policy shift is necessary for sustainable work-life harmony. In particular, public attention is being paid to the introduction of the '4.5-day week system', which was one of President Lee Jae-myung's election promises. In fact, a significant number of citizens were found to be positive about the introduction of the 4.5-day week system. PMI, a data consulting company, recently conducted a survey on the introduction of the 4.5-day week system among 1,000 male and female adults aged 19 to 69 across the country, and found that 37.9% of respondents were in favor. However, difficulties are expected due to the introduction of the system. This is because companies have no choice but to incur a cost burden. The government plans to encourage voluntary participation by providing incentives to companies that adopt the 4.5-day week system, but there are also voices of concern. When working hours are shortened, companies are forced to hire additional workers to maintain production. From a professional perspective, although it is still only a pilot project, the 4.5-day work week appears to be an unavoidable trend. It is predicted that changes in working methods will be inevitable due to Korea's unique long working hours and the problems of low birth rate and aging. In particular, Article 50 of the current Labor Standards Act stipulates that working hours per week cannot exceed 40 hours, excluding break times. This sets an upper limit on working hours, and employers can voluntarily set working hours shorter than 40 hours upon consultation with workers. Therefore, it is possible to introduce the 4.5-day week system without revising the law. The 4.5-day week system can be seen as a transition to a more efficient work structure with less work. However, institutional supplementation and policy support are essential for expansion into the private sector. Specifically, practical measures are required, such as ① reforming the wage system to enable short-time work hours without wage cuts, ② financial support for the burden of fixed costs, and ③ consulting on the introduction of flexible working hours for small and medium-sized businesses. Currently, most companies maintain a seniority-based wage system, but if the number of working days and working hours is reduced, labor productivity may decrease, resulting in business withdrawal, restructuring, and workforce reduction. Therefore, it is necessary to prevent a decrease in productivity and strengthen corporate competitiveness by reforming the time-based wage system to a role-based wage system. In particular, if a company wants to reduce its fixed cost burden, various policy support should be provided, such as customized support by company size, strengthening finances of small and medium-sized enterprises, and manpower matching support and consulting. If these efforts are continued, it will be possible to establish a practical system. In addition, if the 4.5-day week system is established, it is likely to have a variety of effects on the industry. First, it can be advantageous in securing young talent who value work-life balance, and in the long run, it can also increase workers' work concentration and loyalty to the organization. On the other hand, in human resource-centered industries such as service and manufacturing industries, rising labor costs and rigidity in human resource management can act as disadvantages, so it will be important to design a system tailored to each industry and reach an agreement between labor and management. Small and Medium Business Team[View full article] [Contribution] Expectations for the realization of the 4.5-day work week… What is the future of the labor market? (Shortcut)

Daeryun Law Firm signed a business agreement with Kangwon National University Law School and joined hands to develop the legal market in the Gangwon and Yeongseo regions and provide career support for prospective legal professionals in the region. On the 9th, CEO Daeryun Kim Kuk-il, attorney Park Gyeong-ok, attorney Son Dong-hu, Kangwon National University Law School Dean Park Kyung-cheol, Vice Dean Lee Dong-soo, and Student Vice Dean Lee Jin-soo held a signing ceremony at Kangwon National University Law School and promised to form a regular working council with the law school to promote projects to develop the local legal market and strengthen the student career support system. Specifically, various cooperative activities will be carried out, such as ▲providing internships and practical training opportunities for law school students △practical advice and guidance on mock trials, legal clinics, public interest litigation, etc. ▲jointly providing career consulting and employment-linked programs △jointly holding legal seminars and workshops for local communities ▲establishing a foundation for legal advice and practice in connection with education, research, and public interest activities. Park Kyeong-cheol, director of Kangwon National University Law School, said, “Practical practical education and collaboration with legal professional institutions play a key role in strengthening students’ capabilities. Through this MOU, Kangwon National University Law School will be able to leap forward as a more competitive practice-oriented educational institution.” Daeryun CEO Kim Gook-il said, “Daeryun will go beyond the level of simple educational cooperation and realize the common goal of developing the local legal profession and nurturing future talent,” and added, “We will create an exemplary partnership with Kangwon National University that connects legal education and practical fields.”[View full article] Daeryun cooperates with Kangwon National University Law School to support the local legal market and career path (Go here)

Meeting through a chat app... “I didn’t have sex.” Denial. Court: “Possibly confused with someone else.” An office worker in his 40s who was indicted on charges of having sex with a middle school student he met through a chat app was found not guilty. On the 17th of last month, the Daegu District Court acquitted Mr. A, a man who had been put on trial on charges of raping a minor. Mr. A was accused of having sexual intercourse with B, a middle school girl, at a motel in 2023, despite knowing that she was a minor. However, while Mr. A acknowledged that they entered the lodging establishment together, he refuted that he did not have sexual intercourse. Ms. B's tone and behavior were strange, so she tried to escape, but Ms. B screamed and blocked her. He also claimed that he did not know his exact age because his age was not properly recorded in the profile of the app through which he communicated with Ms. B. The court found him not guilty. The court said, “The victim met several men over a short period of time, and the genes of men other than the defendant were detected in the victim’s clothes.” He added, “While he makes detailed statements about his relationships with other people, his statements about the defendant lack consistency and specificity.” At the same time, he added, “We cannot rule out the possibility that the victim confused the defendant with another person and made his statement,” and added, “It is difficult to reject the defendant’s claim of innocence and say that there is enough credibility to be confident that the facts of the indictment are true.” Lawyer Jeon Hyeong-oh of Daeryun Law Firm, who represented Mr. A, explained, "For an adult to be guilty of rape of a minor, he must have intention, knowing that the other person was under the age of 16. In this case, Mr. A had no physical opportunity to attempt sexual intercourse with B. This was proven based on data such as genetic testing and the victim's statement." Digital Content Team[View full article] “Different male genes detected”... A man in his 40s was found not guilty on charges of sexual intercourse with a minor (link)

Prosecutors say, "The suspect cannot receive a refund of the deposit... There is no intention to deceive the court." A man in his 70s who applied for a housing lease registration for a property for which the deposit was not returned even though the lease contract period ended has been cleared of suspicion that he received a false lease registration order. According to the legal community on the 15th, the Incheon District Prosecutors' Office decided not to indict A, a man in his 70s, who was sent to the prosecution on charges of attempted fraud last June. Mr. A was accused of falsely applying for a housing lease registration order for a house that he did not occupy directly or indirectly and thus lost his ability to oppose. Last year, Mr. A applied for a housing lease registration order for an apartment for sale in Incheon Metropolitan City, where he signed a lease contract in 2019. A few months later, Company B, which won the public auction for the property, filed an objection, claiming that Mr. A received a false registration order even though he had lost the right to oppose the property (the legal power that a tenant can claim against a third party). Accordingly, Mr. A signed a lease contract with the landlord in 2019, but did not receive the deposit back after the end of the contract period. ▲The short-term sublease contract is an unavoidable one to reduce deposit damage. The charges were denied, citing the fact that it was a measure ▲ efforts were made to prevent the loss of opposition, such as leaving items behind while maintaining the move-in report. The prosecution ruled that “there was no intention to deceive the court in Mr. A’s actions” and that “it was not a case of manipulating groundless evidence.” It was believed that Mr. A applied for a lease registration order because he believed that he had the power to fight against the real estate in this case while not receiving any refund of the deposit. In relation to this, lawyer Jaehyung Lee of the Daeryun Law Firm, who served as Mr. A's legal representative, said, "For litigation fraud, clear intent to defraud the court must be proven," and added, "Mr. A, a victim of lease fraud who paid a large amount of deposit, did not stop making efforts to protect his rights. Through these efforts, the crime was committed. “We were able to obtain acquittal by making it clear that there was no ‘intention’,” he explained. Reporter Jeong Ye-eun (ye9@kyeonggi.com)[View full article] Jeonse fraud victim cleared of false charges of ‘false registration’… “Not intentionally, but for the purpose of realizing rights” (Shortcut)

Let's look at the impact of the Commercial Act amendment on corporate management.. As the Commercial Act Amendment Bill, which expands the scope of directors' loyalty obligations from companies to shareholders, has passed the National Assembly, voices of both welcome and concern are emerging in the legal community.. There are expectations that a legal mechanism has been established to protect shareholders' interests., There is also an opinion that if directors are judged to have violated their duties, lawsuits demanding liability may increase rapidly.. Accordingly, the company's decision-making process is strengthened and made objective., It is pointed out that countermeasures, such as documentation, should be prepared..15According to the Japanese legal community, this month 3One of the key points of the commercial law amendment bill passed on the382condolences3(Director’s Fiduciary Duty) It's a revision. Until now 'Directors must faithfully perform their duties for the company in accordance with the laws and provisions of the Articles of Incorporation.'Although it was only stipulated that, The amendment requires directors to have a fiduciary duty not only to the company but also to shareholders.. also 'Directors must protect the interests of all shareholders when performing their duties., The interests of all shareholders must be treated fairly.'A new provision was also added:.In light of this, the legal world is seeing directors become more cautious in their decision-making., There are positive evaluations that it will have the effect of increasing shareholder and corporate value.. Previously, the company's interests were the top priority., In the future, the board of directors will have an obligation to deal fairly with shareholders' interests..In particular, analysis suggests that it is meaningful in that it clarifies the duties and responsibilities of directors.. Lim Dong-han, an attorney at Dongin Law Firm, "Discussed in existing precedents 'Director’s duty of loyalty under commercial law'was mainly interpreted with a focus on the company., Accordingly, criticism has continued to be raised that the interests of general shareholders may be infringed upon in situations where there is a conflict between the interests of the controlling shareholder and the company."as "As shareholders are designated as the subject of directors' fiduciary duties, directors 'all shareholders'has a legal obligation to protect the interests of and treat them fairly."explained.Seok-Hyeon Yoo, an attorney at Mission Law Firm, "It's not just about adding a few words to the law., This clearly declares the direction of commercial law regarding the duties of directors, which may result in shaking up the entire foundation of directors' company management practices."as "Changes will be made to further strengthen the protection of shareholder rights and improve the transparency of corporate governance."I pointed out that.Byun Seung-gyu, an attorney at Seum Law Firm, "It is expected that a tendency will be formed to not disregard the interests of not only major shareholders but also minority shareholders."said. Environment, Society, Governance(ESG) There were also observations that it would have a positive impact on management.. law firm(finite) Lin's lawyer Kim Ji-ho said: "The company has an institutional mechanism to fulfill its duty of loyalty., For example, the Director Recommendation Committee to strengthen the independence and transparency of the board of directors., It is highly likely that a director remuneration committee will be established."as "Corporate governance can be improved, To protect shareholder interests in the long term ESG There is room for more effort in management as well."He said. 'decisions for shareholders' How do you judge…There is a possibility of a surge in lawsuits 'total shareholder profit'Ina 'Fair treatment of the interests of all shareholders' It is pointed out that it may not be easy for management to judge that the decision was made for shareholders because the content of the amendment is abstract.. Lee Young-joo, lawyer at One Law Firm, "For example, the division of property, which is a major problem,, The spun off subsidiary is an independent corporation, so its growth potential can be recognized at a glance and it has a structure that is good for investment while focusing on its core capabilities., Minority shareholders of the parent company will no longer be able to exercise influence over the subsidiary, and the value of the shares they hold will decline due to the separation of the parent company's core business."as "(This decision) Is it a management decision for the company's sustainable growth?, It may be difficult to determine whether the choice is for a specific person, such as a major shareholder."pointed out. When a director's decision is judged to conflict with the interests of some shareholders or violate the duty to protect shareholders' interests, lawsuits demanding legal liability may increase rapidly.. In criminal terms, there is a possibility that the scope of application for breach of trust will be expanded..Attorney Kim "Previously, directors had to do with their relationships with individual shareholders. 'person who handles affairs'The attitude of the precedent was that it does not have the status of, With this amendment, directors may become shareholders' affairs handlers, so violations of their fiduciary duties may result in shareholders' losses.(Damage to stock value)If this leads to a breach of trust, the likelihood of being recognized as a breach of trust has increased."said. The problem is that as the possibility of directors becoming embroiled in lawsuits increases, active decision-making may become difficult.. Shin Jong-su, an attorney at Daeryun Law Firm, "It is pointed out that the possibility of ex post facto accountability increases in directors' decision-making, which may lead to passive management."explained. Attorney Byun also "There is a risk that problems may arise where management puts the director's own avoidance of responsibility ahead of the company's interests."He emphasized. It is also expected that minority shareholders may claim excessive rights.. Attorney Byun "There is a possibility that the management rights of a company with a small majority shareholder's stake may become unstable or spark a dispute., Exceptionally, there is some concern that if some minority shareholders make excessive demands, it may be detrimental to the company and all shareholders."said. Attorney Yoo "Since the provisions of the Commercial Act have no choice but to be interpreted abstractly until the standards for judgment are established,, In particular, controversy over company operation practices will continue."I predicted. There is a need to document the decision-making process and establish an internal audit system. Accordingly, companies need to prepare response measures such as reorganizing the internal control system and continuing active communication with shareholders.. Prove that the director's decision was for the benefit of shareholders, This is because the management decision process must be shown objectively and transparently.. Lawyer Shin "Management collects sufficient information when making decisions, review of alternatives, The legitimacy of responsible management must be secured by documenting procedures such as review of conflicts of interest between management and shareholders."advised.This lawyer "Strengthening shareholder disclosure and background for discussion during board resolutions, You must clearly prepare the basis for your judgment, etc."He said "When dealing with management or major shareholders, it is necessary to secure procedural transparency, such as by applying the most conservative standards and receiving objective external review."explained.You should not miss out on maintaining your audit system.. Attorney Yoo "An internal audit system must be established in relation to all matters where interests between shareholders may conflict."I pointed out.Attorney Lim "It is desirable to utilize the opinions of external experts"as "Corporate briefing session(IR) Efforts are also needed to strengthen functions and provide sufficient opportunities for minority shareholders to express their opinions at general shareholders' meetings."He emphasized.In addition, signing up for executive liability insurance was also suggested as a countermeasure.. Attorney Kim "Subscribing to executive liability insurance to prepare for claims for damages from minority shareholders can also be a kind of safety measure."as "However, in this case, the grounds for exemption are not overly broad., You must check whether there are any special terms and conditions that may allow shareholder-filed lawsuits to be included in compensation."He said.It is also important to accumulate practical cases that can be referenced.. Attorney Byun "In order to establish the specific meaning and scope of a director's duty of loyalty to shareholders, future practice and accumulation of precedents are necessary."He said. Reporter Park Seon-woo(closely@bloter.net) [View full article] [Aftermath of the Commercial Act Amendment] Expansion of loyalty obligations for directors, remaining tasks amid expectations of shareholder protection (Go here)

As domestic intellectual property (IP) infringement cases have recently increased and the demand for related laws is rapidly increasing, Daeryun Law Firm announced on the 15th that it is strengthening its response by recruiting a large number of patent and intellectual property experts. According to data released by the Supreme Court, the Korean Intellectual Property Office, and the National Intellectual Property Commission in March, the average number of domestic patent infringement civil lawsuits filed over the past five years (2018-2022) was approximately 92 per year, and the average processing period was 19 months (581 days). However, the citation rate was found to be only around 20%, which is significantly lower than the global level (70% in the United States, 80% in China, etc.). Meanwhile, the number of cases in which domestic companies participated in the Korean Intellectual Property Office's industrial property rights dispute mediation last year was 160, the highest ever. Accordingly, there are growing voices in the industry that companies must prepare countermeasures against intellectual property rights. In line with this trend, Daeryun expanded and reorganized its intellectual property group and launched the 'Intellectual Property One Team', which is composed of experts with extensive practical experience in the courts and the Korean Intellectual Property Office. A key member is Lee Da-woo, a lawyer who has worked as a judge at the Patent Court and the Seoul Central District Court. Attorney Lee, who recently joined the team, is a hands-on talent with a deep understanding of patent litigation and technology dispute structures. While working at Yulchon Law Firm, he overturned and overturned the lower court's ruling regarding the export of trade secrets of an automobile parts company and resulted in an acquittal. Attorney Minwoo Cho, who served as an examiner at the Korean Intellectual Property Office and a technical examiner at the Seoul Central District Court, is also a key member. Having handled technology-related cases in both the executive branch and the judiciary, he provides legal advice and supports litigation response based on multi-layered analysis and practical interpretation. In addition, Tae-Hwan Kim and Joo-Mi Lim, who are registered intellectual property rights lawyers registered with the Korean Bar Association and have been active in numerous patent disputes and corporate litigation, will join and add to the group's capabilities. Haeseong Kang, a patent attorney who served as a technical examiner at the Patent Court and an adjudicator at the Korean Intellectual Property Office, also joins the group. Patent Attorney Kang is an expert with experience in everything from examination and trial to judicial decision processes, and has specialized capabilities in responding to technology-centered disputes. In addition, patent attorney Minhee Ma, who has performed significant intellectual property rights work, including trademark disputes for large corporations and advising on character trademark applications, will also be present. In particular, Patent Attorney Ma has led many successful results in overseas-related cases, such as agreements on the coexistence of global trademarks and responses to overseas trademark brokerage and infringement. In addition, expert Nami Kwak, a patent attorney specializing in U.S. applications, has joined the team and is providing advice on domestic and foreign patent applications and international intellectual property rights issues. Commissioner Kwak worked at an American patent law firm and was in charge of analyzing and establishing strategies for numerous patent applications, including licensing contracts with overseas companies. Through this reorganization, Daeryun's Intellectual Property Group plans to strengthen legal services in all areas of intellectual property rights, including responding to patent and design rights infringements, as well as responding to copyright disputes related to AI and software, protecting brand and trademark rights, and intellectual property rights contracts and licensing disputes. CEO Daeryun Kim Kook-il said, "Intellectual property rights are an important factor that determines a company's core competitiveness in an era of technological innovation and globalization." He added, "In particular, at a time when technology and creativity are important, issues related to intellectual property rights that companies face are becoming more complex." He then said, “As Daeryun Intellectual Property Group is comprised of a group of experts with both theory and practice, we will provide a one-stop legal solution to protect our clients’ rights.” Reporter Lee Dong-jun (blondie@segye.com)[View full article] Segye Ilbo - Increasing demand for intellectual property rights laws... Daeryun Law Firm responds on all fronts with a ‘one team’ system (click here) Sejeong Ilbo - Increasing demand for intellectual property law... Daeryun Law Firm Launches ‘One Team’ for All-round Response (Click here) Seoul Shinmun - Daeryun Law Firm Recruits Intellectual Property Rights Expert... Strengthening response to increased legal demand (Click here) Blotter - [Law Firm ON] Daeryun launches ‘One Team’ for intellectual property rights (Click here) Tax and Finance News - Daeryun Law Firm establishes a ‘one team’ system in the intellectual property sector… One-stop solution provided (click here)

A public official who was suspected of using the business operation budget for personal purposes was cleared of charges. According to the legal community on the 14th, the Gyeonggi Northern Police Agency decided not to forward Mr. A, who was booked on charges of breach of duty, forgery of official documents and events, etc. on the 12th of last month. While working as a public servant from February 2017 to June of last year, Mr. A carried out youth-related projects and used a corporate card a total of 33 times. He is accused of using a budget worth about 2 million won for personal purposes. He was also accused of forging official documents by arbitrarily putting their seals on them while writing an operating business plan for this crime without obtaining approval from the head of the government office or department head. Mr. A completely denied the charges, saying that he actually carried out work even on days off such as vacations and childcare hours. Mr. A claimed, “When I was on sick leave, after receiving treatment, I returned and held a meeting with other people. In this process, I used conference fees, etc., and this cannot be considered fraudulent use. The official seal was also taken with permission after an oral report was made to superiors.” The police believed that there was insufficient evidence to admit Mr. A’s charges. It is judged that it cannot be concluded that the meeting did not proceed just because Mr. A applied for vacation, etc., as claimed by Mr. A. Attorney Jeong Jae-bong of Daeryun Law Firm, who represented Mr. A, said, “This issue was a problem because Mr. A used the budget at the time of using annual leave, or the attendees listed on the budget application were different from the actual attendees.” “We only prepared and submitted a business plan according to requests while carrying out the project, and there was no intention or purpose of forgery or event,” he said, adding, “All of Mr. A’s budget usage details in question in this case were used for actual purposes.” Reporter Kwon Byeong-seok (bsk730@fnnews.com)[View full article] Civil servant accused of ‘suspicion of misappropriation of legal documents’ ‘non-transferred’… Why? (Shortcut)