Thoughts on Korean Business by Don Southerton

Green Hyundai-Kia Motors initiatives that I've been involved or following for years, and high profile Green projects like Songdo IBD, not to mention providing studies to clients on Korean solar and wind power... make sustainability important to me--BCW has offices in SoCal, Denver, and Seoul, but currently I live in Belmar, too.  The community is a model for new urbanism-- something that peaks my interest as a cultural historian and as a researcher-writer. Maybe topic for a new book . Sustainability Initiatives - Fact Sheet Belmar, developed by Continuum Partners, is a 22-block mixed use development on the site of the former Villa Italia Mall in Lakewood, Colorado.  They are dedicated to energy-use reduction and the responsible use of limited natural resources.              Solar Power 8,300 solar panels will be installed on the roof of three parking garages (installation schedu...

By Don Southerton, BCW Editor We're thrilled with the US Congressional approval of the KORUS FTA. Still some hurtles, but we assume the treaty will be enacted soon. Meanwhile many are looking to Korea for opportunity, as others in Korea will look to America to benefit from the agreement. We can help. In fact, with KORUS FTA ... learn how to best approach Korea-facing business. Unique case study "sneak peek" now available. Just ask us for the Private Link.   Dsoutherton@bridgingculture.com

By Don Southerton, BCW Editor One area we focus on is laws that impact franchise, licensing, joint ventures, and direct investments with South Korea. We are again pleased to share an update by Kent Wong on recent changes to South Korea's commercial code. Kent is a Senior Foreign Attorney (Partner) at  APEX LLC  and noted expert on international investment. The Korean Commercial Code (KCC) is the main body of laws in Korea relating to business and business enterprises in Korea. Recent amendments to the KCC include the addition of two new types of business entities: hapja johap(“partnership association”) and yuhan chaekim hoesa (“limited liability company”) to meet the increasing demands of investors and dynamics in Korea’s economy. The additional business entities were created to provide greater flexibility in the formation, operation and dissolution of a business enterprise to promote commerce while providing limited liability protection to investors. ...