August 12, 2014
Publication: Wall Street Journal
When must a company take steps to preserve its own documents that may serve as evidence in a lawsuit? In the U.S., the answer is well-known, though counterintuitive: before the litigation begins, when the prospect of litigation is present. But such requirements of civil litigation in the U.S. can catch Korean companies flat-footed, as more Korean companies are being dragged into the U.S. courts for the first time. Kobre & Kim’s Korea litigation team discusses the risks Korean companies face when stepping into a U.S. courtroom for the first time.
To read the full article, click here: http://blogs.wsj.com/korearealtime/2014/08/12/korean-companies-face-us-legal-risks-over-preserving-documents/