Korea M&A Corporation

Foreign Investment in South Korea The matters pertaining to a foreign individual or entity wising to make a direct foreign investment in Korea are primarily prescribed by the Foreign Investment Promotion Act (“FIPA? and the Commercial Code of Korea. This document attempts to give an overview of procedure for foreign investment. Brief introduction of FIPA Investing in Korea has been facilitated b..

In Korea, unfair trade practices and anti-competitive behavior of enterprises are regulated under Monopoly Regulation and Fair Trade Act (“MRFTA?, which was enacted on December 31, 1980 and which have underwent several revisions since its enactment. Article 1 of MRFTA sets forth the purpose of the Act as preventing the abuse of market dominance and excessive concentration of economic power in en..

Korean Labor Law Korean Labor law issues are often the ones which any foreign investor conducting business in Korean market has most difficulty in understanding. We set forth below certain basic concepts of Korean labor law requirements. The basic law in Korea regulating labor standards is the Labor Standards Act (LSA), which is applicable to an employer with at least 5 employees. LSA was substa..

ASSET SALE AGREEMENT made ^, 19^ between ^ABC Inc., an Illinois corporation ("Seller") and ^XYZ Inc., an Illinois corporation ("Buyer"). WHEREAS, Seller owns certain assets relating to its ^ business and Seller wishes to sell and Buyer to buy certain but not all of such assets. NOW THEREFORE, in consideration of the premises and the mutual representations, warranties and covenants set forth here..

Oct. 18, 2005--Monster Worldwide (NASDAQ: MNST), parent company of Monster, the leading global online careers and recruitment resource, today announced the acquisition of JobKorea (www.jobkorea.co.kr), the premier online recruitment web site in South Korea serving more than three million registered users. The aggregate cash purchase price was approximately $94 million, net of cash acquired.The s..

Published: November 1, 2004 By: Lin Chia-lung Source: Government Information Office, Republic of China (Taiwan) I. The necessity of media reform With digital technology enabling the media to provide a greater variety and amount of content, the communications and information technology industries are moving closer to becoming the core of the future economy, democratic lifestyle, culture, entertai..