The Korea In-house Counsel Association (KICA) has hosted a sponsored webinar on pandemic-related legal issues with White & Case, Kim & Chang, Jipyong and Yulchon participating. Topics discussed included US contract and domestic contract law issues (including force majeure), personnel labour issues related to COVID-19, and in-house data management compliance.
KICA president Lee Wan-keun said: “Many of the members’ evaluations of the webinar this time were said to have been beneficial. In the future, we plan to gradually expand by inquiring about the progress of the webinar to all sponsoring organizations.”
Key highlights of the proceedings included White & Case M&A partner Lee Dongho speaking on US contract law issues potentially arising from the pandemic. “There are still overwhelming cases in which contracts are carried out normally, even in the COVID-19 crisis,” said Lee. “People tend to be resolved in a positive direction, rather than proceeding with lawsuits, because it affects the overall economy rather than certain industries.