Introduction of Directors’ Duty to Protect Shareholders’ Interests and Other Changes to Regulatory Framework on Corporate Governance
The National Assembly passed the first amendment to the Korean Commercial Code (the “KCC”), expanding the fiduciary duties of directors to include the protection of shareholders’ interests (the “First KCC Amendment”) on July 3, 2025. The First KCC Amendment was thereafter promulgated and came into effect on July 22, 2025, following deliberation by the State …
151 Professionals Selected as “National Leaders” – WWL: Korea 2024
In the 2024 edition of WWL: Korea, 151 attorneys, patent attorneys and certified public accountants across 22 fields from Kim & Chang were selected as “National Leaders” in their respective fields.
“Outstanding” in All 24 Categories and 65 “Leading Lawyers” – asialaw 2024
Kim & Chang was named “Outstanding” in all 24 categories in the 2024 edition of asialaw,
Kim & Chang Ranked “Tier 1” in All Eight Practice Areas – IFLR1000 (2024)
Kim & Chang once again received “Tier 1” (top-tier) rankings in all areas surveyed for Korea in the 2024 edition of IFLR1000.