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Insights

tomorrows global business

Jong Han Kim Korea

March 06, 2017

By Paul Hastings Professional

Jong Han Kim Korea

On the corporate side, the major challenge facing Korea is to find new growth engines and markets in response to slowing growth in domestic and global economies.

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On the litigation side, we expect Korean companies to continue to face the risks of international patent infringement and trade secret misappropriation lawsuits. Given the risks of adverse outcomes, which include injunctions barring exports of the infringing products, our clients face challenges and opportunities to take proactive measures. These include eliminating or reducing legal risks by invalidating competitors’ patents using PTAB proceedings, and establishing and implementing enhanced compliance programs, including a document retention policy.