Joowon Law · Insights
Clear notes for companies entering Korea and overseas Koreans managing matters here. Read the context, then decide the next move.
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When a creditor seeks enforcement of a foreign judgment in Korea, the debtor usually wants to reargue the case. Korean law doesn’t allow that. Under the Civil Execution…
Can a creditor who obtained a final judgment abroad prevent a debtor from dissipating assets while an execution lawsuit is pending in South Korea? Yes. Under the Korean…
Can a foreign court judgment be enforced in South Korea if service of process was delivered by international mail or email? In most cross-border disputes involving a defendant…
For years, the realistic answer on court judgments between Korea and China was “probably not,” and practitioners steered clients to arbitration by default. That has changed. Korean and…
A creditor with a foreign judgment against a Korean company often assumes the hard part is over. In Korea, it may not be. The judgment has no effect…
Winning a dispute against a Korean counterparty is only half the job when its assets are in Korea. A foreign court judgment or arbitral award can’t reach a…
For most foreign groups, money moving between headquarters and the Korean subsidiary is routine treasury work: capital goes in, fees and royalties go out, an intercompany loan covers…
Korea has never barred foreigners from owning real estate, but the rules have tightened quickly. Since August 2025, a foreigner buying a home anywhere in Seoul and much…
When a foreign employee leaves a Korean company, the final settlement is often handled the way headquarters handles departures everywhere else, and in Korea that regularly produces underpayments.…
Most foreign companies with Korean employees have a non-compete clause somewhere, usually in a global employment template, an equity award agreement, or a headquarters-drafted separation agreement. Korean courts…
