English-Speaking Lawyers in Korea

Korean and U.S.-licensed attorneys ·
Busan & California

Jin & Kim, PLC | Legal Blog

This is the official blog of Jin & Kim, PLC, an international law firm with Korean and U.S.-licensed attorneys in Busan and California, advising foreign companies and individuals on legal matters throughout Korea and Korea-related international matters.

In addition to our firm website, we maintain this blog to share practical, up-to-date legal information and to offer a faster way to reach our attorneys.

For legal assistance, please submit your inquiry using this blog’s contact form or message us directly on . We will get back to you promptly, usually within the same business day.

How Long Does It Take to Enforce a Foreign Judgment or Arbitral Award in Korea?

Short AnswerThere is no fixed timeline. However, enforcing a foreign judgment or foreign arbitral award in Korea usually requires a separate Korean court procedure before compulsory enforcement can begin.For a foreign judgment, the creditor generally needs a Korean enforcement judgment (exequatur). For a foreign arbitral award, the creditor generally needs a Korean court decision recognizing and..

Can a Foreign Company Be Required to Provide Security for Costs in Korean Litigation?

Short AnswerYes. A foreign company may be required to provide security for litigation costs in Korea if it files a lawsuit as a plaintiff and certain legal requirements are satisfied.This does not happen automatically just because the plaintiff is a foreign company. Korean law focuses mainly on whether the plaintiff has an address, office, or place of business in Korea, and whether security is n..

Can an International Arbitration Proceed If a Korean Company Does Not Participate?

Short AnswerYes. An international arbitration can generally proceed even if a Korean company does not participate.A respondent cannot usually stop an arbitration simply by ignoring notices, refusing to submit a defense, or failing to attend hearings. The arbitral tribunal may continue the proceedings and issue an award based on the evidence presented.However, the claimant does not automatically ..

Can a Foreign Arbitration Clause Be Enforced Against a Korean Company?

Short AnswerYes. A foreign arbitration clause can generally be enforced against a Korean company if there is a valid arbitration agreement.If a Korean company files a lawsuit in Korea despite a valid arbitration clause, the other party may object based on the arbitration agreement. In that case, the Korean court will generally dismiss the lawsuit, unless the arbitration agreement is invalid, ine..

How Do You Authenticate a Korean Power of Attorney (POA) for Use Overseas?

Short AnswerA Korean Power of Attorney (POA) intended for use abroad often requires notarization, followed by either an apostille or consular legalization, depending on the destination country.The required procedure depends on:the destination country;the purpose of the POA;the receiving authority; andlocal authentication requirements.Choosing the correct authentication route before signing the d..

How Do You Authenticate Korean Corporate Documents for Overseas Use?

Short AnswerWhen Korean corporate documents are submitted overseas, they often require notarization, an apostille, or consular legalization, depending on the destination country and the receiving authority.There is no universal procedure. The required authentication depends on:the destination country;the type of corporate document;the purpose of the submission; andthe requirements of the receivi..

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