Case Studies
[Consultation] Consultation regarding the home shopping sales and advertising of medical devices
Law firm Veat received a request from Company A, which imports and sells medical devices, to review the legality and precautions regarding the advertising and home shopping sales of medical devices. Law firm Veat recognized that the broadcasting advertising and home shopping sales of medical devices are increasing rapidly and that regulatory authorities are paying close attention to the matter. Accordingly, Law firm Veat reviewed in detail not only related laws and regulations such as the ‘Medical Device Act’, ‘Rules on Maintaining Order of Medical Device Distribution and Sales’, and ‘Regulations on Prior Review of Medical Device Advertisements’, but also guidelines from authorities such as the Ministry of Food and Drug Safety, and then provided advisory opinions on the legality and precautions regarding the advertising or home shopping sales of medical devices. Various laws and guidelines, including the Medical Device Act, have been prepared for the sale and advertising of medical devices, and Law firm Veat provides professional advice related to this. Please feel free to contact Law firm Veat with any questions.
[Consulting] Consulting for establishing a European personal information protection system in accordance with GDPR implementation
Law firm Veat recently received a request from domestic listed company B, which operates a small printer business in the Americas, Europe, and various countries around the world, to establish personal information processing procedures to protect the personal information of European customers and employees of its branches. The burden of personal information protection for companies processing personal information of residents of the European Union has increased due to GDPR (General Data Protection Regulation), which will be implemented from May. GDPR applies even when domestic companies process the personal information of individuals residing in the European Union, and has a strong penalty provision that may impose fines up to 4% of worldwide sales (limited to 20 million euros), making it urgent for domestic global companies to take action. To establish lawful personal information processing procedures that comply with GDPR, Law firm Veat reviewed the company’s personal information collection and use and provision procedures, provided the personal information processing consent form format necessary for those procedures, clarified the basis for personal information processing, prepared the basis and procedures for profiling, provided opinions on the mandatory designation of a DPO (Data protection officer) and the scope of the DPO, and helped establish procedures that comply with GDPR, such as confirming appropriate relationships between controllers and processors under GDPR and drafting documents that can pledge GDPR compliance. For companies providing services in the European region, personal information protection measures as stipulated in GDPR are essential, going beyond compliance with domestic personal information protection laws and the Information and Communications Network Act. Law firm Veat provides professional advice to global companies providing services in the European Union region, helping them prepare so they do not risk receiving fines for GDPR violations. You can check your company’s GDPR compliance with Law firm Veat. For any questions, please contact Law firm Veat.
[Consulting] Law firm Veat Personal Information Protection Consulting Completed
Law firm Veat completed personal information protection consulting for (Co., Ltd.) Yuyu Teijin Medicare, which was established through a joint venture between Korea’s Yuyu Pharmaceutical and Japan’s Teijin Pharmaceutical for the oxygen therapy equipment business. In the case of importing and selling oxygen therapy services and related medical devices, it is unavoidable to collect sensitive information in addition to general personal information, and close information exchange with autonomous entities such as the National Health Insurance Service and each city · county · district is essential. Due to the peculiarity of being subject to special laws such as the Medical Device Act in addition to the Personal Information Protection Act, professional consulting was needed to understand the structure and characteristics of the related industry. Accordingly, Law firm Veat concentrated experienced lawyers with extensive experience in various personal information protection related advisory services, personal information leakage accident crisis response, and personal information protection system enhancement consulting to carry out the consulting. Centered on a PM lawyer, personal information protection specialized lawyers directly conducted interviews and on-site investigations over an extended period, and specifically presented individual review opinions on the legality of processing resident registration numbers and sensitive information based on the ERP the company is using, guiding them to revise and supplement. The company revised and created deficient regulations and forms. Immediately after the consulting, the company adjusted security solutions and internal systems and conducted management and supervision of entrusted parties to build a significantly strengthened personal information protection system. Law firm Veat has built a ‘Personal Information Team’ composed of lawyers specializing in personal information protection advisory services, consulting, and crisis response to provide the best services. In particular, the ‘Personal Information Team’ is composed of lawyers with backgrounds in engineering, with a high degree of understanding of laws, related precedents, authoritative interpretations, and IT systems, resulting in high satisfaction from clients. If you have any inquiries regarding analysis and enhancement of your company’s personal information protection system, please feel free to contact Law firm Veat.
[Consultation] Review of Property Disposition upon Dissolution of a Nonprofit Corporation
When people think of a corporation, they usually think of a company, but the broad concept of a corporation also includes non-profit corporations that aim for non-profit business activities. According to Article 102 of the Civil Law, non-profit corporations are defined as those that aim for academic, religious, charitable, artistic, social, or other non-profit business activities, and are further divided into non-profit associations and non-profit foundations. The establishment and dissolution of non-profit corporations are subject to the Civil Law and the rules regarding the establishment and supervision of non-profit corporations by each administrative agency, so clear legal review is necessary. Many research institutions are legally characterized as non-profit corporations under the Civil Law due to their establishment for public or academic purposes. Foundation A was also established as a non-profit foundation for the purpose of developing technology that is not for profit, and after being established according to related laws and regulations, it continued its operations through active research activities. Foundation A completed its activities and dissolved the foundation, and in the process, it inquired with Law firm Veat about how to handle the remaining assets in order to prevent future legal problems. Accordingly, our Law firm Veat reviewed the Foundation A’s articles of incorporation, related regulations such as the Civil Law, and rules regarding the establishment and supervision of non-profit corporations by the relevant administrative agency, and was able to provide advisory opinions on the procedures for the transfer of remaining assets and their legal consequences.
[Consultation] Review of the possibility of legal action against unauthorized copying (plagiarism) of applications
Company A operates an application where users sell specific items and A purchases them. Company B launched a similar application, and it was discovered that the screen layout, wording, user interface (UI), etc., were excessively similar. Company A confirmed this fact and inquired with Law firm Veat regarding the possibility of legal action. In cases of so-called plagiarism, or unauthorized copying, there are various related laws, and even if it appears similar to the general public, it may not be legally recognized as copying or infringement of legal rights. Therefore, a legal review by an expert is essential. Also, the methods of legal response are distinguished depending on whether a work is legally recognized or not, making it an area where professional legal advice is necessary. Therefore, Law firm Veat reviewed copyright law and other related laws and precedents in response to Company A’s inquiry. Furthermore, in addition to the legal facts conveyed by Company A, it analyzed all related similar applications to determine whether Company A’s rights were infringed. Moreover, it provided detailed answers regarding the legal actions and remedies that Company A could take, thereby providing practical legal assistance.
[Consultation] ICO (Initial Coin Offering) Legal and Business Consultation by Law firm Veat
As virtual currency transactions become increasingly active, ICOs are emerging as a new investment procurement channel for startups. Investing through ICOs has the advantage of being able to raise funds for individual business models without diluting corporate equity. Following the success of Ethereum, known as the second-generation Veatcoin, an ICO boom is sweeping the world, and the demand for related legal and business consulting is gradually increasing. Law firm Veat provides ICO-related legal and business consulting based on its extensive experience advising numerous virtual currency exchanges and related virtual currency investments. In addition to the legal compliance of the ICO itself, it provides advice on overseas corporate establishment and local legal consulting, as well as legal review, certification, and consultation on legal issues and procedures related to pre-sale and main sale. Furthermore, collaborating with domestic and international experts who have experience successfully conducting ICOs, it can provide legal and business consulting in all stages from token source code verification to token marketing and exchange listing. Law firm Veat is providing consulting on the entire domestic ICO and listing process for the Acoin development team from overseas. While ICOs are an attractive investment procurement method, they are still an unfamiliar area of virtual currency business, and there is considerable uncertainty in legal aspects, as well as token development, whitepaper (Whitepaper) creation and verification, sale planning and execution, and listing. Law firm Veat will analyze potential problems that may arise during the ICO process in advance and offer alternatives that can minimize risk.
[Consultation] Possibility of a search and seizure of communication data by investigative agencies, etc.
Company A is a corporation that operates mobile applications and websites and generates revenue through them. Due to the nature of its business, Company A receives member registrations from users who wish to use the application and website, and also collects various records and information related to users’ use of the service. This situation of Company A will be similar to that of almost all companies that conduct business through mobile applications and websites. Accordingly, Company A and other companies operating mobile applications, etc., sometimes receive search warrants from investigative agencies. However, one day Company A received not a search warrant but a ‘Communication Data Disclosure Permit.’ Since the information of members or users cannot be disclosed externally, Company A inquired whether it should comply with the request in such cases. Moreover, it inquired about possible actions by investigative agencies in relation to this. In response, Law firm Veat reviewed relevant laws and precedents and was able to provide answers to Company A’s inquiries along with a detailed explanation of the ‘Communication Data Disclosure Permit.’ Furthermore, Law firm Veat did not stop there but was able to contribute to Company A’s personal information-related work management by providing comprehensive legal advice, including potential issues that could arise in the future. Thank you. Law firm Veat
[Legal Consultation] Legal response regarding the company's unfair dismissal and unpaid severance pay, etc.
A entered into an employment contract with B, a company that generates revenue by producing and distributing mobile content, and has diligently performed the duties stipulated in the contract. However, B has failed to properly fulfill the promised employment conditions for A, discriminated against A in comparison to C, D, etc. working under similar conditions, and continuously engaged in acts of coercion to make A resign. As a result, A had no choice but to leave B, and in this process, A had no choice but to endure various unfair treatment, such as not receiving severance pay. The current Labor Standards Act, Employee Retirement Benefit Guarantee Act, and other related laws include many provisions to protect workers, but many companies, like B, do not comply with them. However, workers are often unaware of how to deal with this situation, and most do not even realize that the company's unfair actions violate laws. Law firm Veat has reviewed not only the Labor Standards Act, the Employee Retirement Benefit Guarantee Act, and other related laws, but also violations recognized by court precedent, and was able to identify B’s various illegal acts. Furthermore, beyond this, we were able to organically link evidence that actively proves B’s illegal acts, and provide practical assistance by drafting legally effective documents that notify B of the illegal acts. Thank you. Law firm Veat
[Consulting] Law firm Veat completes personal information protection consulting for Prime Asset Co., Ltd.
Law firm Veat completed personal information protection consulting for (Prime Asset), the largest independent agency (General Agency, GA) in Korea. In the case of independent agencies (GA), unlike simple B2C companies, they have a strict compliance system with insurance companies, insurance contract holders who provide sensitive information, a nationwide network of branches, and tens of thousands of insurance agents, making the scale and sensitivity of personal information handled very high, requiring concentrated and professional consulting. Therefore, Law firm Veat decided to deploy lawyers with extensive experience in various personal information protection advisory services, personal information leak accident crisis response, and personal information protection system enhancement consulting. Centered on a PM lawyer, personal information protection specialist lawyers directly conducted long-term interviews and on-site audits, and based on this, identified and supplemented vulnerabilities and risk factors, and carried out projects to strengthen the level of personal information protection. From establishing an internal management plan tailored to the company’s situation to checking website vulnerabilities, consulting was planned and individual tasks were carried out to meet the requirements of the ‘Personal Information Stability Guarantee Measures’. In particular, during the final stages of the consulting period, a field inspection by the financial authorities recognized that Prime Asset had built a protection system of the highest level compared to its peers, and the client side also expressed the highest level of satisfaction. Law firm Veat has built a ‘Personal Information Team’ composed of lawyers specializing in personal information protection advisory services, consulting, and crisis response to provide optimal services. In particular, the ‘Personal Information Team’ is composed of lawyers with backgrounds in engineering, and they have a very high level of understanding of laws, related precedents, authoritative interpretations, and the IT systems that implement personal information protection, resulting in high customer satisfaction. If you have any questions regarding the analysis and enhancement of your company’s personal information protection system, please feel free to inquire. Thank you. Law firm Veat
[Consultation] Legal issues related to so-called 19+ novels on the internet
Users operating an online platform where users can upload novels, creative drawings, photos, etc., inquired about legal issues that may arise when users upload so-called 19+ content as the number of members increases and the frequency of use increases. They requested specific guidelines on whether the novel in question would be classified as obscene material as defined by law and what is required to avoid such classification. Law firm Veat reviewed this matter. The Obscene Materials Act is restricted by the Act on Promotion of Information and Communications Network Utilization and Information Protection and the Criminal Code, and the scope of obscene materials is defined not only in the articles but also in precedents, so it is a matter that requires multifaceted review. Law firm Veat was able to provide guidance to Company A and users utilizing the platform operated by Company A by examining the conditions under which user-uploaded content may be considered obscene materials and the legal issues that may arise if such content is viewed by minors. Thank you. Law firm Veat