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Legal experts in Korea have begun to sound the alarm regarding LG Chem, SK on and POSCO Group, warning them that their joint ventures, established here in Korea with Chinese firms, could be designated as foreign entities of concern under the U.S. Inflation Reduction Act (IRA).
PRESS RELEASE Paris, 03/04/2023 Delfingen announces two acquisitions in Germany and Korea in the strategic industrial cabling and textile protection markets for Mobility and Industry. Delfingen ,... | 3 avril 2023
Dentons Lee, Dentons’ law firm in South Korea, has hired insurance and reinsurance specialists John JungKyum Kim and Christina Jiwon Park as co-heads of its new insurance and reinsurance practice. They also serve as partners in the firm’s international disputes resolution team.
Financial authorities will ease prerequisite legal requirements for business acquisitions by companies in an attempt to foster corporate mergers and acquisitions (M&As). The Financial Services Commission (FSC), the top financial regulator of the country, will lower the capital qualifications required of companies who attempt tender offers for the purchase of company stocks from the public stock market with the goal of acquisition.
Korean law firm Yoon & Yang has hired three senior foreign attorneys: U.S.-qualified M&A expert Jason W. Lee joins from Kim & Chang, corporate specialist Sung Jin Ro joins from an in-house role at Versum Materials, and China-qualified technology practitioner Song Feng Hong joins from Bae Kim & Lee.