Skadden, Arps, Slate, Meagher & Flom LLP (JD Supra South Korea)
"Recent Shareholder Activism in Asia Could Signal Changing Attitudes"
Levels of shareholder activism are reaching record highs in the United States, and such activity has become increasingly prevalent in Europe. But with the exception of Japan, Asia often is seen as a relative backwater in this regard. In 2015, the number of companies subjected to public activist demands was 350 in the United States and 58 in Europe, compared to 24 in Asia (not including Japan),...
"'Competition Authorities’ Growing Support of Damages Actions: A Delicate Balance"
Competition authorities around the globe are taking an increasingly active part in the pursuit of civil claims for damages for antitrust infringements. The decision by the Korean Fair Trade Commission (“KFTC”), announced on 24 January, to finance a damages action brought by the Green Consumer Network against Samsung and LG on the basis of its infringement decision in this respect marks a new and...