Current Korean laws have not determined whether NFTs are virtual assets under the Act on Reporting and Use of Certain Financial Transaction Information (the Act) and leave it to the nature of the NFT for such determination. If an NFT...
Month: February 2022
D’LIGHT advised a client negotiate the IP license agreement with Netflix, especially revising the provisions concerning the royalty assessment, warranty of non-breach of third-party IP rights, audit rights, and sublicensing rights.
The Dispatched Workers Act Article 5(1) and its related Enforcement Decree Article 2(1) and Appendix 1 restrict the types of work that a company can retain dispatched workers. Additionally, dispatched workers must be procured from a dispatched service company that...
Current Korean laws have not determined whether NFTs are virtual assets under the Act on Reporting and Use of Certain Financial Transaction Information (the Act) and leave it to the nature of the NFT for such determination. If an NFT...
D’LIGHT Law Group advised a delivery agency startup on contractual and business structure to minimize the liability under the Serious Accidents Punishment Act (“SAPA”).SAPA imposes upon the “business manager” of an enterprise the responsibility to ensure the safety and health...