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Lee & Ko News

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Awards Ranking
ABLJ Named 19 Lee & Ko Lawyers in '2025 Korea Top 100 Lawyers'


19 lawyers from Lee & Ko have been selected in the '2025 Korea’s Top 100 Lawyers' researched by Asia Business Law Journal. Yong Seok Ahn and Kyu Wha Lee have also been recognized as one of the most influential lawyers in Korea, being named an “ICON” for their ability to provide valuable insights to the legal community based on their extensive experience.
 
The lists of Korea’s Top Lawyers selected from Lee & Ko are as follows:

 Banking & Finance: Woo Young Jung, Yeo Kyoon Yoon
 Capital Markets: Jin Hong Kwon, Hyunjoo Oh
 Competition/Antitrust: Yong Seok Ahn, Hwan Jeong
 Corporate/M&A: Sanggon Kim, Ho Joon Moon, Kyu Wha Lee, Hyeong Gun Lee
 Dispute Resolution: Arbitration: Jinyoung Jung
 Dispute Resolution: Litigation: Won Seok Ko
 Employment: Sang Hoon Lee 
 Insurance: Jin Hong Kwon, Jinyoung Jung
 IP: Jae Hoon Kim, Un Ho Kim
 Projects & Energy: Hun Ko, Dong Eun Kim
 Shipping: Jinyoung Jung, Woo Young Jung
 TMT: Hwan Kyoung Ko, Kwang Bae Park

Asia Business Law Journal (ABLJ), an Asian regional law magazine, conducts research on thousands of domestic and foreign in-house counsel as well as lawyers at international law firms to select the Top 100 lawyers in Korea every year.
 
2025.10.31
Awards Ranking
Lee & Ko Recognized as Top Law Firm in All 24 Categories by ‘Asialaw Profiles 2025’


Lee & Ko has once again reaffirmed its position as Korea’s leading law firm, being recognized as a top-tier firm across all 24 industry sectors and practice areas in Asialaw Profiles 2025. This marks the fifth consecutive year that Lee & Ko has achieved this distinction, an accomplishment unmatched by any other domestic law firm, many of which received top rankings only in select areas.

This recognition reflects Lee & Ko’s breadth of expertise, market-leading capabilities, and client trust across all key areas of legal practice in Korea and the Asia-Pacific region.

In addition, 44 Lee & Ko professionals were honored as Senior Statesman, Elite Practitioner, Distinguished Practitioner, Notable Practitioner, or Rising Star, highlighting the firm’s depth of individual talent and professional excellence.


Industry Sectors 
 Aviation and Shipping
 Consumer goods and Services
 Industrials and Manufacturing
 Insurance
 Pharmaceuticals and Life sciences
 Technology and Telecommunications
 Banking and Financial services
 Energy
 Infrastructure
 Media and Entertainment
 Real estate

Practice Areas
 Banking and Finance
 Competition/Antitrust
 Corporate and M&A
 Intellectual Property
 Labour and Employment
 Regulatory
 Tax
 Capital Markets
 Construction
 Dispute Resolution
 Investment Funds
 Private Equity
 Restructuring and Insolvency


 Banking and Financial services: Woo Young Jung, Yeo Kyoon Yoon, Yong-Jae Chang, Hyunjoo Oh, Seunga Hyun, Myoung Chul Kwak
 Banking and Finance: Woo Young Jung, Yeo Kyoon Yoon, Yong-Jae Chang, Myoung Chul Kwak, Samsung Kim, Min Ha Song
 Capital Markets: Hyunjoo Oh, Seunga Hyun
 Competition/Antitrust: Yong Seok Ahn, Hwan Jeong, Hyun Chul Kim, Jeong-Ho Sun, Jeong Yoon Choi, Suruyn Kim
 Corporate and M&A: Kyu Wha Lee, Sanggon Kim, Ho Joon Moon, Hyeong Gun Lee
 Dispute Resolution: Won Seok Ko, Saemee Kim
 Energy: Dong Eun Kim, Hun Ko, Insoo Kim
 Infrastructure: Dong Eun Kim, Hun Ko, Insoo Kim, Samsung Kim, Min Ha Song
 Insurance: Gidon Nam, Jinyoung Jung, Jin Hong Kwon
 Intellectual Property: Jae Hoon Kim, Un Ho Kim, Keum Nang Park, Jaewoo Kwak, Heon Lee
 Labour and Employment: Sang Hoon Lee, Chang Soo Jin, Hyunseok Song , William Kim
 Media and Entertainment: Kwang Bae Park
 Real estate: Jung Hwan Lee
 Restructuring and Insolvency: Wan Shik Lee, Eunjai Lee, Jung Hyun Lee
 Shipping: Jinyoung Jung , Gidon Nam
 Tax: Ok Hyun Ma, Sung Hwan Kim
 Technology and Telecommunications: Kwang Bae Park, Hwan Kyoung Ko, Samuel (Soon-Yub) Kwon, Yong Seok Ahn

Asialaw Profiles is published annually by Asialaw, an affiliate of the global financial journal Euromoney. Asialaw Profiles ranks law firms and individual practitioners across the Asia-Pacific region based on law firm submissions, client and peer interviews, and independent market research.

 
2025.10.22
Awards Ranking
Lee & Ko Selected as Top-Tier Law Firm in MIP “2025 IP Stars” Rankings


Lee & Ko has been recognized as a top-tier law firm in Managing IP’s 2025 IP Stars rankings in the categories of Trademark Disputes, Patent Disputes, Copyright & Related Rights, and IP Transactions. Particularly impressive is the firm’s continued success in IP Transactions, where it has maintained the highest ranking for five consecutive years since the category was first introduced, further underscoring its unrivaled expertise in this specialized practice area.

In the individual rankings, 11 Lee & Ko attorneys and patent attorneys have been recognized as IP Stars, Rising Stars, and Notable Practitioners, reflecting their distinguished expertise and achievements in the intellectual property field:


Patent Star: Un Ho Kim, Jae Hoon Kim, Keum Nang Park, Hwan Sung Park
Trademark Star: Jae Hoon Kim, Vera Eun Woo Lee
Rising star: Min Soo Kim, Min Wook Kim, Sung Hoon Kim

Lee & Ko’s Intellectual Property Group leverages its extensive global network to deliver premier legal services in patent disputes across multiple jurisdictions, including the United States, Europe, and Japan. With a deep and precise understanding of both technology and law, the Group consistently achieves favorable outcomes in both litigation and advisory matters. Most recently, Lee & Ko secured a landmark ruling before the Patent Court of Korea, the first decision to hold that posting and selling products covered by a Korean patent on overseas e-commerce platforms constitutes an “offer to assign,” thereby infringing the Korean patent right. This precedent-setting decision, grounded in a sophisticated analysis of cross-border e-commerce transactions and global case law developments, has been recognized as establishing a new interpretive standard for the protection of intellectual property rights.

Lee & Ko also provides comprehensive contractual and IP clearance advice, including matters relating to the Copyright Act, the Unfair Competition Prevention and Trade Secret Protection Act, and rights of publicity, in connection with the production of Netflix series and other major content projects. By combining its deep expertise in copyright and IP transactions with extensive practical know-how, the firm offers production companies effective, tailored legal solutions to ensure the smooth production and distribution of creative works.

Managing Intellectual Property (Managing IP) is a leading international publication in the field of intellectual property. Each year, it publishes the IP Stars rankings based on surveys and interviews with IP professionals worldwide, identifying leading law firms by country and practice area.
2025.10.02
Lee & Ko People
Lee & Ko Recruits Hoo Gon Kim, Former Seoul High Prosecutors’ Office Chief and Anti-Corruption Specialist
Lee & Ko has recruited Hoo Gon Kim (JRTI 25TH), former Prosecutor General of the Seoul High Prosecutors’ Office. Mr. Kim built a distinguished career in the Anti-Corruption Departments, where he directed major corruption investigations throughout his service. He served as Prosecutor General of the Seoul High Prosecutors’ Office, Chief Prosecutor of the Daegu District Prosecutors’ Office, and Chief Prosecutor of the Seoul Northern District Prosecutors’ Office. He also held posts including Head of the Anti-Corruption Division 1 at the Seoul Central District Prosecutors’ Office, Head of the Anti-Corruption Division at the Suwon District Prosecutors’ Office, and Senior Researcher at the Anti-Corruption Division of the Supreme Prosecutors’ Office, where he was responsible for major corruption cases. In addition, at the Advanced Criminal Investigations Division of the Seoul Central District Prosecutors’ Office, he handled IT-related and personal data infringement cases, establishing himself as a distinguished criminal law expert with broad capabilities across diverse areas of practice.

In addition to his prosecutorial achievements, Attorney Kim served on secondment to the Korea Communications Commission in 2008, advising on major industry issues including mergers in the telecommunications and broadcasting industry and sports broadcasting rights. He also demonstrated strong leadership within the prosecution, notably leading the “AI Blockchain Community,” involving dozens of prosecutors, and contributing to key policy initiatives as Director General of the Planning and Coordination Office at the Ministry of Justice. Additionally, he played an active role in trial management as Director of the Trial Division at the Supreme Prosecutors’ Office and served as a member of the Supreme Court’s Sentencing Commission. His experience extended further to overseeing IT affairs with the Supreme Prosecutors’ Office as Head of the Information and Communications Division.

At Lee & Ko, Attorney Kim will lead the Criminal Practice Group, enhancing the firm’s expertise in corporate, finance, serious accident, antitrust, and customs-related matters, while supporting legislative initiatives and statutory interpretation.

Managing Partner Sang Gon Kim (JRTI 23RD) commented, “Welcoming an elite attorney who has commanded great respect both within the prosecution and among industry peers further enhances the capabilities of our Criminal Practice Group. We remain dedicated to maintaining our status as Korea’s premier law firm.”
2025.09.19
Lee & Ko People
Lee & Ko Appoints Former 2nd Vice Minister of Health and Welfare Geun Hyuk Ryu as Senior Advisor
Lee & Ko has appointed former 2nd Vice Minister of Health and Welfare, Geun Hyuk Yoo, as a senior advisor.

Advisor Ryu graduated from Inha University with a degree in Public Administration, earned a Master’s degree in Public Health from Swansea University in Wales, UK, and completed a Ph.D. in Health Sciences at Inje University.

After passing the 36th Public Administration Examination in 1992, he began his public service career and served for 30 years at the Ministry of Health and Welfare, holding senior positions including Director-General of the Health Policy Bureau, Spokesperson, Director-General of the Policy Planning Bureau, Director-General of the Pension Policy Bureau, and Director of the Population and Social Service Policy Office. He further advanced his leadership as Secretary for Social Policy for the Office of the President, overseeing a broad range of social policies including health and welfare, food, pharmaceuticals, and disease control, and most recently as 2nd Vice Minister of Health and Welfare responsible for the nation’s comprehensive healthcare policies. Drawing upon his extensive experience and expertise accumulated over three decades in government, Mr. Yoo will play an integral role in strengthening Lee & Ko’s Healthcare Team.

Sang Gon Kim, Managing Partner at Lee & Ko, said, “The Healthcare Team at Lee & Ko provides optimal services on a wide range of issues in medical devices, food, cosmetics, and healthcare. With the addition of Advisor Geun Hyuk Ryu, who has rich experience and deep expertise in healthcare, we have further strengthened the team’s advisory capabilities as a national leader in this sector.”
2025.09.19
Lee & Ko People
Lee & Ko Welcomes Former Fair Trade Commission Official, Sung Kyu Lee, as Advisor
Lee & Ko has named Sung Kyu Lee, former Director General of the Cartel Investigation Division at the Fair Trade Commission, as Advisor. Lee graduated from the Department of Economics at Seoul National University, earned a Master’s degree from the Graduate School of Public Administration at Seoul National University, further completed an MBA at the University of Washington in the United States, and obtained a Ph.D. in Law from Hanyang University Law School, with a focus on big data. After passing the 42nd Public Administration Examination in 1998, Mr. Lee served in the core divisions of the Fair Trade Commission, including the Competition Promotion Division (currently the Anti-Monopoly Investigation Bureau), the Business Group Regulation Division, and the Competition Policy Bureau, and subsequently assumed senior posts such as Director General of the Cartel Investigation Division, Director of the M&A Division, Cooperation Deliberation Management Officer at the General Counsel’s Office, and Director of the E-commerce Investigation Team.

Notably, during his tenure, he led the complex merger review of Baemin-Yogiyo, two of the largest players in Korea’s platform industry. This merger is considered one of the most challenging and high-profile review cases in recent years. As Director General of the Cartel Investigation Division, he spearheaded key institutional reforms addressing critical cartel issues, including legislative amendments and the development of new review standards targeting information exchange collusion.

Sang Gon Kim, Managing Partner at Lee & Ko, commented, “Our Antitrust & Competition Group brings together attorneys, economists, and former fair trade officials to offer comprehensive, one-stop services ranging from corporate advisory, investigation responses, litigation, to criminal defense. Our sustained success is highlighted by significant victories in major cases, such as the recent all wins in the Korean Bar Association litigation concerning the legal tech platform, LawTalk. These capabilities have been recognized annually with top-tier rankings from renowned global legal directories, including Legal 500.” He added, “With Advisor Sung Kyu Lee joining our firm, who brings rich hands-on experience and outstanding expertise, we have further strengthened our antitrust advisory capabilities, solidifying our position as the premier competition law team in Korea.”
2025.09.19

Press & Releases

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[Asia Today] Minseok Si, Head of Lee & Ko’s ESG Center: “Dismantling the Dual Structure Is a Necessary Hurdle… We Must Balance an Expanded Concept of ‘Employer Status’ with the ‘Essence of Managerial Authority’”
On September 17, 2025, Asia Today published an interview with Minseok Si, Head of the ESG Center at Lee & Ko. The article introduced Mr. Si as a labor–management relations expert who served for over 30 years at the Ministry of Employment and Labor, including as Senior Administrative Officer for Employment & Labor and as Commissioner of the Seoul Regional Employment and Labor Office. Drawing on his extensive field experience and policy design/coordination capabilities, he now plays a strategic role at Lee & Ko in linking labor-sector issues with corporate ESG initiatives.

In the interview, Mr. Si stated that “the Yellow Envelope Act fundamentally embodies an intent to resolve the dual structures and polarization between non-regular and regular workers, large enterprises and SMEs, and the central and local spheres.” He added that, “from the perspective of building a virtuous cycle, it accords with the spirit of ESG. Although it is a new and untested domain, it is a mountain we must cross and a challenge we must overcome.” He further emphasized the need to strike an appropriate balance between expanding the scope of “employer status” and preserving the “essence of managerial authority.”
2025.09.17
[Aju Business Daily] Lee & Ko Selected as Tier 1 across All Practice Areas in IFLR1000 2025
On September 16, 2025, Aju Business Daily reported on Lee & Ko’s designation as a Tier 1 firm in all eight evaluated practice areas in the 2025 edition of the International Financial Law Review (IFLR1000). The report noted, “Lee & Ko has achieved Tier 1 status in every practice area for 14 consecutive years, and in the individual practice area rankings, 61 experts have been named Leading Lawyers, further demonstrating the firm’s outstanding capabilities as a premier law firm in Korea.” The report continued, “Attorney Hyunjoo Oh (JRTI 28th) of Banking & Finance Group has also received the distinguished honor of being named a Women Leader for the sixth consecutive year. With 27 years of experience in the capital markets, Ms. Oh is a finance specialist whose practice extends across the full spectrum of capital markets transactions—including securities and derivatives—together with capital markets regulation, disputes, foreign exchange regulation, and other areas of corporate finance.”
2025.09.16
[Weekly Dong-Ah] Lee & Ko’s Labor Compliance Team Offers Comprehensive Services to Companies Concerned About the “Yellow Envelope Act”
On September 15, 2025, Weekly Dong-Ah featured the Labor Compliance Team of Lee & Ko. The article noted that “Lee & Ko recruited former Minister of Employment and Labor Ahn Kyung-deok (33rd Higher Civil Service Examination) as a senior advisor in May and launched a new “Labor Compliance Team,” and that “the team is led by Mr. Chang-soo Jin and comprises more than 50 experts, including former judges and prosecutors, labor-specialist attorneys, former officials from the Ministry of Employment and Labor, and certified labor consultants.”

In the interview, Mr. Jin stated: “In the past, companies often responded to labor issues in a piecemeal and ex post manner; however, with the imminent implementation of the “Yellow Envelope Act,” proactive responses to the significant, unavoidable changes in labor-management relations have become increasingly necessary. In particular, where social awareness of industrial accidents has grown, prevention is critical. To address new labor issues effectively, a comprehensive one-stop service is essential, and for that reason we launched the Labor Compliance Team by assembling professionals with the highest level of expertise across the various fields implicated in labor matters.
2025.09.15
[MoneyToday] Lee & Ko Recruits Hoo Gon Kim, Former Seoul High Prosecutors’ Office Chief and Anti-Corruption Specialist
According to MoneyToday on September 15, 2025, Lee & Ko has engaged Hoo Gon Kim, former Prosecutor General of the Seoul High Prosecutors’ Office. Mr. Kim built a distinguished career in the Anti-Corruption Departments, where he directed major corruption investigations throughout his service. He served as Prosecutor General of the Seoul High Prosecutors’ Office, Chief Prosecutor of the Daegu District Prosecutors’ Office, and Chief Prosecutor of the Seoul Northern District Prosecutors’ Office. He also held posts including Head of Anti-Corruption Division 1 at the Seoul Central District Prosecutors’ Office, Head of the Anti-Corruption Division at the Suwon District Prosecutors’ Office, and Senior Researcher at the Anti-Corruption Division of the Supreme Prosecutors’ Office, where he was responsible for major corruption cases. In addition, at the Advanced Criminal Investigations Division of the Seoul Central District Prosecutors’ Office, he handled IT-related and personal data infringement cases, establishing himself as a distinguished criminal law expert with broad capabilities across diverse areas of practice.
2025.09.15

Deals & Cases

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Providing legal advice on production-related matters, including those for Netflix series, and assisting with intellectual property clearance
Lee & Ko has been advising on production-related contracts and intellectual property clearance—covering copyright law, the Unfair Competition Prevention Act, and publicity rights—for Netflix series since 2022, contributing to the smooth production and distribution of major works. Representative projects include Squid Game Seasons 2 and 3, Culinary Class Wars, The Trauma Code: Heroes on Call, Karma, and Gyeongseong Creature Seasons 1 and 2.

Lee & Ko reviews a wide range of agreements essential to the production process, including talent and crew contracts, post-production agreements such as VFX, location leases, copyright use consents, and overseas PSAs for foreign shoots. Drawing on extensive experience, Lee & Ko provides practical, production-focused legal advice tailored to the needs of clients.

Lee & Ko’s clearance reviews primarily address issues in copyright, trademark, patent, and unfair competition law, as well as matters involving real names or depictions of real-life events. Depending on the content, Lee & Ko also advises on specialized issues, such as the use of Olympic symbols, youth protection in drama scenes and filming, and personal data consent. This breadth of expertise ensures that producers receive effective, comprehensive guidance across the many legal challenges of content creation.

Lee & Ko further supports clients on Errors & Omissions (E&O) insurance matters, including preparing title reports and conducting IP clearance, to help mitigate the risk of future copyright and personality rights claims. Representative work in this field includes MBC dramas Chief Detective 1958, Doubt, and Oh My Ghost Clients; SBS dramas Revenant, The First Responders, Payback: Money and Power and JTBC’s Reborn Rich.

Through these production-related legal services, Lee & Ko helps Netflix and leading production companies to actively identify and resolve legal issues in advance, safeguard against disputes, and ensure the seamless development and release of content. Lee & Ko continues to play a trusted role across numerous high-profile productions, earning consistent recognition and positive feedback from both Netflix and its production partners.

 
2025.06.30
Consulting on the Introduction of the Accountability Map following the Amendment of the Act on the Corporate Governance of Financial Companies July 2024 ~
Lee & Ko’s Finance & Securities Group successfully completed projects for major financial companies across all financial sectors during the first half of 2025. These clients included BNK Financial Group, Suhyup Bank, DB Life Insurance, MetLife Insurance, DB Insurance, Lotte Insurance, Korean Reinsurance, Seoul Guarantee Insurance, Hyundai Card, Hyundai Commercial, Kyobo AXA Investment Managers, Daishin Securities, and Hyundai Capital, spanning banks, securities firms, card companies, capital firms, and savings banks. The projects involved preparing and submitting the newly introduced "Accountability Map" to the financial supervisory authorities in accordance with the amended Act on the Corporate Governance of Financial Companies, as well as refining the internal control systems of the respective financial institutions.

The introduction of the Accountability Map requires each financial company to prepare and submit a document to the financial authorities that specifically outlines the responsibilities of the CEO and executives related to internal controls. The implementation of this system necessitated systematic and detailed preparation by each financial company, integrating both legal and practical perspectives.

In response, Lee & Ko’s Finance & Securities Group went beyond simple legal advisory in these projects, playing a pivotal role in ensuring the effective operation of each financial company's internal control system as follows:
 
  • Designing an Effective Accountability Allocation Structure: We designed a customized Accountability Map without gaps or redundancies by meticulously analyzing each company's work procedures and lines of command and supervision.

  • Refining Overall Internal Regulations related to Internal Control: Through a detailed analysis of approximately 80 major laws and regulations related to internal control, we reviewed and amended key internal regulations, including the internal control standards.

  • Providing a Comprehensive Diagnosis and Improvement Plan for the Internal Control System: We contributed to establishing a practically operable internal control system by comprehensively diagnosing potential risk factors in the existing system and proposing improvement measures.

Through the successful execution of these projects related to the introduction of the Accountability Map, our Finance & Securities Group has solidified its position as the most trusted legal advisor in the field of financial regulation by enabling our clients to build stable internal control systems amidst a rapidly changing financial regulatory environment.
2025.06.30
Hanwha Life Insurance’s Issuance of USD 1 Billion Capital Securities
Lee & Ko acted as Korean legal counsel to the joint lead managers in connection with Hanwha Life Insurance’s successful issuance of USD 1 billion hybrid capital securities in the international markets on June 24, 2025.

Despite heightened uncertainty in global financial markets due to the ongoing conflict in the Middle East, the offering was met with strong investor demand, attracting orders in excess of USD 8.8 billion—more than eight times the issuance amount—underscoring the deal’s success.

The securities were structured as 30-year notes callable after 5 years and were priced at an annual coupon of 6.3%. The transaction enabled Hanwha Life to strengthen its capital adequacy position under the Korean Insurance Capital Standard (K-ICS).

Lee & Ko provided a full range of legal support throughout the transaction, including review of the underwriting agreement, bond terms, and offering circular to ensure compliance with K-ICS requirements. Notably, following the circulation of the offering circular but just ahead of pricing, a revision to the Korean Insurance Supervisory Regulation lowered the recommended K-ICS threshold applicable to early redemption of subordinated bonds. Lee & Ko promptly coordinated with the underwriters and international counsel to issue a supplemental investor disclosure, ensuring the delivery of accurate information to investors and facilitating a successful issuance.

In addition to this transaction, Lee & Ko has advised on a number of major offshore bond offerings in the first half of 2025 by leading Korean issuers such as LG Chem, Korea National Oil Corporation, Korea Ocean Business Corporation, KB Kookmin Bank, KT&G, LG Energy Solution, Mirae Asset Securities, Industrial Bank of Korea, Hana Securities, and Hyundai Capital—further demonstrating its deep expertise and leading role in Korea’s capital markets practice.
 
2025.06.24
Obtained a complete win on behalf of a secondary battery equipment manufacturer in litigation seeking an injunction and damages for patent infringement
On November 19, 2021, Company C, a manufacturer of equipment for secondary batteries, filed a lawsuit against Wonik PNE Co., Ltd. (the “Company”), which operates in the same industry. The counterparty alleged that the Company was infringing its patent for a “secondary battery pouch folding device” (the “Subject Patent”) and sought both an injunction and KRW 3 billion in damages.

Representing the Company, Lee & Ko argued that the true inventor of the Subject Patent is employee A, and that the Subject Patent amounts to an employee invention that rightfully belongs to the Company. On this basis, Lee & Ko argued that the counterparty’s claim of patent infringement constituted an abuse of patent rights, since the Company was the legitimate patentee. The facts showed that employee A completed the invention while still employed by the Company, but did not disclose it to the Company. Instead, A provided the design drawings to another employee, B. After leaving the Company, B filed for and registered the Subject Patent in his own name, and later transferred it to the counterparty, a company he had established. Lee & Ko persuasively argued that, under these circumstances, the counterparty’s assertion of patent infringement was an abuse of rights. As a result, the Company secured a complete victory at the first instance on October 11, 2024.

Although Company C filed an appeal, Lee & Ko, acting on behalf of the Company, initiated a claim against C seeking the transfer of the Subject Patent registration. The courts recognized that the application for the Subject Patent qualified as an “application filed by an unentitled person” and ruled in favor of the Company. The Company secured a complete victory at both the first instance and on appeal before the IP High Court. On June 5, 2025, the Supreme Court dismissed C’s appeal, thereby rendering the final the judgment. Following this decision, C withdrew its own appeal, making the case fully resolved.

Lee & Ko’s IP Practice Group conducted a detailed analysis of the technical features of the Subject Patent, the Company’s technical data, as well as related email communications and messenger records. Based on this review, the team successfully proved that the Subject Patent was not B’s personal invention, but rather an employee invention by A, thereby securing a judgment ordering the transfer of the patent rights. Consequently, C’s claims for an injunction and damages for patent infringement were also dismissed. This case highlights Lee & Ko IP’s outstanding litigation capability, demonstrating how thorough technical examination and rigorous legal analysis can lead to a complete victory for the client.
 
2025.06.12
Lee & Ko Secures Merger Approval for Tving-Wavve Interlocking Directorates
Lee & Ko represented CJ ENM and TVING in the Korea Fair Trade Commission’s (“KFTC”) merger review of a transaction which CJ ENM sought to acquire control of Wavve by having its executives hold concurrent positions at Wavve, based on the premise of a future TVING-Wavve merger. Lee & Ko successfully secured conditional approval with corrective measures that minimize the impact on the business operations of the companies.

In this case, the companies had a high market share in the subscription-based OTT market which is focused on pre-produced content. The KFTC, in line with its precedents in the OTT and media sectors, conservatively defined the relevant market in a manner disadvantageous to the companies. However, Lee & Ko utilized its deep understanding of the media sector and extensive experience in merger cases to persuasively present arguments addressing the KFTC’s concerns regarding the potential anticompetitive effects of the transaction. This resulted in the KFTC concluding that the transaction posed no concerns regarding (i) vertical overlap in the content supply and OTT markets and (ii) conglomerate effects between the OTT market and mobile telecommunications retail market.

Lee & Ko proactively utilized the voluntary commitment procedure, which was recently introduced in 2024, to propose behavioral remedies that addressed the KFTC’s concerns regarding potential anticompetitive effects and minimize business disruptions to the companies. In close coordination with the KFTC, Lee & Ko effectively demonstrated the effectiveness of the remedies and timely secured the KFTC’s approval of the transaction. According to the KFTC, this case is particularly meaningful as it is the first instance where behavioral remedies were imposed utilizing the newly implemented voluntary commitment procedure.
 
2025.06.10
Court Upholds Legality of Wage Peak System Based on Abuse of Labor Union’s Prior Consent Right.
The Labor & Employment Group of Lee & Ko successfully represented G-Institute in the High Court proceedings of a case in which an employee subject to a wage peak system challenged the validity of the system and claimed the difference in wages. The High Court overturned the lower court’s decision, which had deemed the wage peak system unlawful, and rendered a judgment upholding its legality.

Specifically, Lee & Ko’s Labor & Employment Group conducted a thorough review and analysis of the background leading to the introduction of the wage peak system, official correspondences exchanged between G-Institute and the labor union, and emails related to the union’s protest activities. Based on this analysis, Lee & Ko effectively argued and established the following:
(1) Despite G-Institute’s good-faith efforts to engage in negotiations for the introduction of the wage peak system, the labor union sent only blanket opposition letters without presenting any specific opinions or countermeasures, which constituted an abuse of its prior consent right under the collective bargaining agreement.
(2) G-Institute provided sufficient explanation through informational sessions and distributed explanatory materials that were easily understandable by employees, and did not unduly interfere in the process of obtaining employees’ consent; and
(3) The wage peak system in question was introduced in connection with an extension of the mandatory retirement age. Although some employees maintained their original retirement age, the degree of disadvantage imposed overall could not be deemed excessive.

This case is a key example that demonstrates Lee & Ko’s capabilities, particularly in successfully responding to allegations involving the abuse of a labor union’s prior consent rights under a collective bargaining agreement. It also serves as valuable guidance in practice for employers who face unilateral opposition from labor unions when attempting to implement new systems or who must navigate adverse changes to work rules through collective decision-making processes in the absence of a majority union.
2025.06.05
Acquisition financing in respect of acquisition of a controlling stake in Jeisys Medical Inc.
Lee & Ko have successfully advised NH Investment & Securities Co., Ltd. and the syndicate of lenders in respect of a KRW 500,000,000,000 bridge financing and a KRW 325,000,000,000 acquisition financing in connection with the acquisition of a controlling stake in the share capital of Jeisys Medical Inc. (“Target”) by Archimed (a private equity firm based in France) acting through its special purpose vehicle Syracuse SubCo.

The acquisition of the Target involved a sale and purchase transaction in respect of existing shares in the Target with the largest shareholder as well as a tender offer for shares in the Target. In particular, a complex transaction structure was contemplated whereby an overseas private equity firm is to establish a number of special purpose vehicles at different layers; utilize the Korean special purpose vehicle to undertake the acquisition; and, following the acquisition, consummate a de-listing of the Target and a merger of the special purpose vehicles with the Target. This in turn called for robust and tailored legal analyses in order to bolster lender protections as well as seamless communications with the obligor group all of which Lee & Ko delivered.

Lee & Ko provided all-encompassing legal advice and legal assistance from the initial transaction structuring stage to completion including, without limitation, preparation of finance documents, negotiation of material terms with the borrower and review of closing documentation. Furthermore, Lee & Ko delivered thorough and efficient legal advice on issues arising out of a corporate acquisition effected by way of a tender offer. Based on its depth of expertise and experience, Lee & Ko facilitated a successful closing by assisting with selection of an optimal structure and by bridging gaps between principals in the face of risks and challenges posed by a multi-layer holding structure and changes in circumstances before and after the tender offer.
 
2025.05.30

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