Case Studies
[Law firm Veat_Plattum Column] How to Obtain Music Copyright Utilization Permission from a Trust Management Body for YouTube Background Music
Law firm Veat’s Technology Intellectual Property (TIP) team addressed obtaining music copyright permission from a trust management entity when using background music in an easy-to-understand manner through Platform, a magazine specializing in startups. It provides a detailed explanation of how to obtain permission from a trust management entity as a specific method for correctly using background music. This column details the licensing application procedure, types of applications, and proper formats. Veat’s TIP team provided detailed information necessary for digital content creators, media companies, and advertising companies through this column published on Platform. You can check the full article via [link]. For musical and video works, there may be various copyright holders and rights related to copyright. Various copyright legal issues may arise during the application process and the usage process, such as original copyright holders and rights related to copyright, so we recommend consulting with a legal professional to proceed with the appropriate forms and licensing procedures. Veat’s TIP team provides detailed guidance to ensure a deep understanding of copyright and proper procedures, helping you legally utilize content and minimize copyright infringement risk. Veat’s TIP team is led by Oh Seung-jong, a lawyer with a deep understanding of copyright cases accumulated through various legal consultations and trials, along with Choi Sung-ho, managing partner recognized as a ‘Leading Lawyer’ in the Legal Times TMT sector, An Il-woon, partner actively serving as a community expert for the Korean Copyright Committee, and Jeon Yong-hwan, a lawyer with extensive knowledge in ICT regulatory sandbox and pilot service legal consulting. Veat TIP team is effectively resolving complex legal issues based on its abundant experience and expertise in copyright and intellectual property issues. Thank you. Veat Law Firm
Drafting overseas partnership agreements and providing legal advice.
Law firm Veat received a request from a Web3 company (hereinafter referred to as "Client") and provided drafting and legal advisory services for an overseas partnership agreement. Law firm Veat’s blockchain advisory team meticulously specified the development and construction conditions of the token distribution system in the agreement, considering factors that could affect technical requirements and implementation schedules in terms of investment and operation. Furthermore, Law firm Veat’s blockchain advisory team detailed the conditions for the overseas partner to have the right to the distribution of tokens and clearly defined the profit distribution structure and payment structure, along with the rights and obligations of both parties, to minimize the possibility of future legal disputes. Points to consider comprehensively when drafting an overseas partnership agreement An overseas partnership agreement must comply with the laws of both parties’ countries, and particularly in the Web3 field, legal review of complex technology is required. Firstly, because the laws of the countries where the partnership is formed differ regarding parts regulated by various laws, such as contractual conditions and intellectual property rights, both parties must comply with their respective laws and international law.
Legal review regarding the legitimacy of advertising information transmissions related to recruiting participants for surveys.
Law firm Veat received a request from platform company A (hereinafter referred to as "the client") to conduct a legal review regarding the processing of personal information related to surveys. The client intended to send promotional messages to existing users to encourage participation in recruiting a survey panel, and requested a review of the legality of sending such promotional messages. Law firm Veat’s personal information team examined whether the survey constituted advertising information for commercial purposes under the Act on Promotion of Information and Communications Network Utilization and Protection of Information (hereinafter referred to as “the Information and Communications Network Act”), focusing on key factors such as whether the purpose of the survey was limited to the client’s service satisfaction and complaints, and the nature of the coupons provided to participants. We reviewed various aspects to determine whether it constituted advertising information, including whether the investigation was solely for service feedback, whether the compensation (such as coupons) provided to participants was used as a means of encouraging participation, and whether this compensation was linked to purchase inducement. Based on a thorough review of the scope of personal information collection and use that the client’s subscribers consented to during service registration, we organized the possibility of sending participation messages for the survey in a table and explained it. Always obtain "separate" prior consent for sending promotional messages. According to the Information and Communications Network Act, anyone who uses an electronic transmission medium to send commercial advertising information must obtain prior consent from the recipient. Even if the main information is not advertising, it does not fall under any exemption, and even if a prior business relationship exists, only content related to goods for which money was paid for trading can be sent. Sending information without explicit consent from the user and then proceeding with an objection process is in violation of the provisions of the Information and Communications Network Act and may result in a fine and may also negatively impact the client’s relationship with the client. Before sending promotional messages to members, review in detail with a personal information attorney whether the message constitutes "advertising information" under the Information and Communications Network Act, and if so, whether prior consent has been obtained from the member, and whether the specific items that must be stated when transmitting advertising information have been specified, to ensure safe transmission. A team of personal information attorneys specializing in personal information protection, Law firm Veat’s personal information team Law firm Veat’s personal information team continuously monitors the latest legal trends related to personal information protection and comprehensively reviews personal information-related laws to provide client companies with optimized business models and legal stability. If you need legal advice regarding the collection and processing of personal information in various methods of customer communication, such as recruiting survey panels and satisfaction surveys, please contact Law firm Veat. Law firm Veat will help maintain the company's credibility and contribute to the company’s growth.
Law firm Veat_ Ministry of SMEs and Startups 'Legal Support for Startups' Legal Advisory Committee Selected
The Ministry of SMEs and Startups is implementing the 'Startup Legal Advisory Group' and Baek Seung-cheol Partner Attorney, An Il-woon Partner Attorney, Byeon Jun-seok Senior Attorney, Jeon Yong-hwan Senior Attorney, and Park So-hee Senior Attorney of Law firm Veat have been selected for the Startup Legal Advisory Group. This project, implemented on 4/8, is part of the 'Startup Online Legal Support Project,' and supports startups in the new industry sector that find it difficult to find suitable legal experts and lack the time and money to invest, allowing them to easily access quality legal services online. Law firm Veat provides legal advice on basic legal matters necessary for corporate management, such as contract negotiations between trading companies, shareholder meetings, issuance of new shares and company bonds, board of directors, tax invoice matters, and labor relations, as well as various legal issues required by each industry sector and business area such as IT, medical, and finance. Startups can apply for advice through the K-Startup Startup Support Portal (k-startup.go.kr), and after an eligibility review, they can freely select an advisory member and receive 1:1 customized legal advice. In addition, the Ministry of SMEs and Startups plans to compile cases where startups have received advice and provide them as FAQs to make it easier for startups to find answers to everyday legal questions. The attorneys of Law firm Veat provide professional advice on various legal issues, ranging from corporate law, contract law, intellectual property protection, personal information protection, regulatory compliance, investment and fund raising, and regulatory reform and issue management, based on practical experience and in-depth expertise accumulated through years of cooperation with startups and corporations. Startups in need of legal advice are encouraged to pay close attention. For more information on the Ministry of SMEs and Startups’ legal support for startups, please refer to the link here, and if you are interested in the profiles of Baek Seung-cheol Partner Attorney, An Il-woon Partner Attorney, Byeon Jun-seok Senior Attorney, Jeon Yong-hwan Senior Attorney, and Park So-hee Senior Attorney, who were selected for the Ministry of SMEs and Startups’ Startup Legal Support Advisory Group, please refer to the members tab at the top. Thank you.
[202404] Monthly Veat April Issue_How to Write Employment Contracts and Precautions
Here's the translation of the text from the provided URL, adhering to your specific instructions: 안녕하십니까. Law firm Veat 대표이사 변호사 김현우입니다. 저희 Law firm Veat는 디지털 자산 및 블록체인 기술 분야에서 전문적인 법률 서비스를 제공하는 로펌입니다. 급변하는 디지털 환경 속에서 개인 및 기업이 직면하는 다양한 법률 문제에 대한 해결책을 제시하고, 건전하고 지속 가능한 성장을 지원하고 있습니다. 저희는 고객의 성공을 최우선으로 생각하며, 혁신적인 기술과 법률 지식을 융합하여 최적의 솔루션을 제공하기 위해 노력하고 있습니다. 또한, 투명하고 신뢰할 수 있는 서비스를 제공하여 고객과의 장기적인 파트너십을 구축하고자 합니다. 저희 Law firm Veat는 다음과 같은 분야에서 전문적인 서비스를 제공합니다: 암호화폐 관련 법률 자문 NFT(Non-Fungible Token) 관련 법률 자문 DeFi(탈중앙화 금융) 관련 법률 자문 블록체인 기술 기반 서비스 관련 법률 자문 디지털 자산 거래소 관련 법률 자문 스마트 컨트랙트 관련 법률 자문 DAO(탈중앙화 자율 조직) 관련 법률 자문 Web3 관련 법률 자문 가상 자산 관련 규제 및 세금 자문 저희 Law firm Veat는 고객의 성공적인 디지털 자산 및 블록체인 기술 활용을 위한 든든한 조력자가 될 것을 약속드립니다. 감사합니다. 김현우 드림
Law firm Veat, strengthening strategic cooperation with Singapore Shook Lin & Bok law firm.
Law firm Veat has decided to further strengthen its cooperative relationship with Singapore law firm Shook Lin & Bok(SLB) in order to provide domestic and international clients with a broader and more competitive range of legal advice. This strengthened cooperation will particularly combine the expertise of both law firms in areas of financial regulation, blockchain, and dispute resolution, and is expected to more effectively address the various legal requirements that may arise in the Singapore investment, entry, and recovery process for domestic clients. Song Woo-seok, Senior Foreign Attorney of Law firm Veat, stated, "We are continuously expanding the pool of local cooperative law firms that can provide support in accordance with Singapore laws to strengthen the legal support necessary for domestic clients planning to enter Singapore or invest and recover,” and “Through cooperation with SLB, which actively provides advice in the areas of financial regulation, blockchain, and dispute resolution, we will be able to offer domestic and international clients a wider selection and competitive advice.” Dayne Ho, Partner Attorney of SLB, introduced SLB as "a comprehensive service law firm with a 60-year tradition, possessing over 60 professional staff including those from the Monetary Authority of Singapore (MAS)”, and said, "We are pleased to strengthen cooperation with Law firm Veat to enhance support for Korean investment and technology companies.". The lawyers of both law firms took a commemorative photo embodying the “V” of VEAT, reaffirming closer cooperation. Through this strengthened cooperation, Law firm Veat aims to strengthen its global network to more efficiently respond to cross-border legal issues and provide customized legal services required by domestic and international clients. Thank you.
Law firm Veat, has signed an MOU for business cooperation with MYG Legal of Australia.
From left in the photo, MYG Legal Sharon An Attorney, Law firm Veat Baek Seungchul Partner Attorney Law firm Veat has signed a Memorandum of Understanding (MOU) with MYG Legal, headquartered in Australia, to further strengthen its position in the global legal market. This agreement aims to strengthen cooperation between the two law firms in areas such as investment, mergers and acquisitions (M&A), corporate law, blockchain, and technology. Through this, the two law firms plan to utilize their respective expertise to provide mutually complementary services and explore opportunities to enhance their competitiveness in the global legal market. Baek Seungchul Partner Attorney of Law firm Veat said, "We are pleased to strengthen mutual cooperation in the professional areas of the two law firms through this agreement," and "In particular, the firm's IT and technology legal expertise, combined with MYG Legal's extensive international legal services, will be able to provide more systematic and professional legal services." Sharon An Attorney of MYG Legal said, "This collaboration with Law firm Veat will be an opportunity for the two firms to provide more comprehensive services by leveraging each other's strengths." She also emphasized that "The cooperation between the two firms will effectively respond to international legal issues in various fields such as investment, M&A, and corporate law, and will enable us to overcome challenges together in the global market." Law firm Veat and MYG Legal have established a strategic partnership to solve complex and diverse problems required in international business environments, in addition to existing legal services, through this MOU. Based on this, the two firms are ready to provide more integrated and specialized legal advice to domestic and overseas clients and support successful business in the global market. Law firm Veat will continue to strive to expand its influence in the international legal market and provide the best legal services to clients worldwide, based on this collaboration. Thank you. Law firm Veat
[Law firm Veat_Plattum Column] Who Do You Need Permission From for YouTube Background Music?
Law firm Veat’s Technology Intellectual Property (TIP) team addressed Copyright Usage When Using Background Music in an easy-to-understand manner through Platum, a magazine specializing in startups. Interest and importance in copyright law have increased with the spread of digital content. This column introduces simple and correct methods for using background music correctly. Law firm Veat’s TIP team provided detailed information necessary for creators and platform operators through this column published on Platum. You can check the full column via [this link]. With content consumption and sharing becoming commonplace on YouTube, SNS, online platforms, etc., the importance of proper copyright usage and management is emphasized even more. Various legal issues, such as copyright, can arise during the production and consumption of content, making the role of legal experts with a deep understanding of copyright important in this process. Law firm Veat’s TIP team presents the correct understanding and approach to copyright, and is assisting with copyright usage and management suitable for the digital age. Law firm Veat’s TIP team is led by attorney Oh Seung-jong, who has extensive experience in handling copyright cases through various legal consultations and trials, along with representative attorney Choi Seong-ho, who has been selected as a ‘Leading Lawyer’ in the Legal Times TMT field, partner attorney An Il-woon, an active community specialist of the Korean Copyright Committee, and attorney Jeon Yong-hwan, who has years of experience in ICT regulatory sandbox and proof-of-concept legal consulting. Law firm Veat TIP team is effectively resolving issues with accumulated experience and expertise in solving complex copyright and intellectual property rights related problems. Thank you. Law firm Veat
Legal review regarding the overseas affiliate status and business agency of global enterprises.
Law firm Veat received a request from global company A (hereinafter referred to as "the client") and performed legal reviews regarding the status of overseas affiliates and related agency work. Law firm Veat’s corporate advisory team assisted the client in preparing legally for acting as an agent of the overseas affiliate. Since the power of attorney needs to clearly define the scope of work and authority that the agent can perform, Law firm Veat’s corporate advisory team provided guidance by comprehensively reviewing not only the key content that should be included in the power of attorney to specify the authority to perform work and the formal aspects such as the necessity of notarization according to the submission institution’s requirements, but also . Furthermore, based on the experience of advising numerous companies, Law firm Veat’s corporate advisory team provided an English non-disclosure agreement (NDA) that details the definition of information, confidentiality obligations, exceptions, and legal responsibilities, considering the potential for exchange and provision of confidential information between the two parties during the agency process with the overseas affiliate. This ensured effective protection of both parties' confidential information and prepared for potential legal disputes. What is a Non-Disclosure Agreement? A non-disclosure agreement or confidentiality agreement is a legal document used to ensure the confidentiality of important information when sharing it between companies or individuals. It is particularly important when dealing with overseas affiliates and performing related work. The core content typically included in a non-disclosure agreement is generally the definition of confidential information, purpose of use, confidentiality obligations, rights and obligations related to confidential information, and liability for damages in the event of a violation. Since the scope of confidential information is very broad, it can include/exclude various information, through which trade secrets, programs, and various forms of information can be protected. It is necessary to carefully review the content of the contract through consultation with legal professionals who have handled various cases in the international business environment, including specific measures and setting a period for application in the event of a violation of confidentiality obligations, and to compose clauses according to the circumstances of each company, to avoid unexpected burdens. Law firm Veat’s Role When conducting international work, it is essential to perform legal reviews from an international perspective, as the laws of each country are intricately intertwined, and minimizing potential risks in this process is important. Law firm Veat provides rapid and accurate advice on corporate legal issues based on a deep understanding of the global environment and abundant experience. Specifically, Law firm Veat has entered into a strategic partnership, focusing on fostering global growth and providing legal support to startups, based on its expertise and know-how, and collaborating with Next Challenge, a global accelerator foundation. Through this partnership, Law firm Veat actively assists startups in legal support after global nurturing and investment attraction. If you require corporate advisory and regular legal advisory services for international work, such as non-disclosure agreements, please contact Law firm Veat. Law firm Veat will act as a legal partner to help your company grow stably in the global business environment. Thank you. Sincerely, Law firm Veat
[Law firm Veat_Platum Column]Isn’t imitating ideas not copyright infringement?
Law firm Veat's Technology Intellectual Property (TIP) team has addressed imitation of ideas and copyright infringement in an easy-to-understand manner through Platum, a magazine specializing in startups. It is important to clearly know what is protected by copyright. This is because situations may arise where you do not receive protection due to the inherent differences in copyright law. This column provides a detailed explanation of the objects protected by the "Copyright Act". Law firm Veat's TIP team has provided detailed information necessary for creators and developers through this column published in Platum. You can check the full column through [this link]. Even if it does not fall under copyright law and is not protected, it may be regulated by other legal regulations such as the "Act on Prevention of Unfair Competition and Protection of Trade Secrets" ("Unfair Competition Prevention Act"), so it is important to receive advice from legal professionals with a deep understanding of copyright, to effectively protect intellectual property during the creation process and understand the complex rights of copyright. Law firm Veat's TIP team provides assistance in providing clear interpretations of complex copyright laws, the scope of copyright protection, and various intellectual property related to copyright disputes to protect and minimize legal risks. Law firm Veat's TIP team is led by attorney Oh Seungjong, who has extensive experience handling copyright cases through litigation and legal consultation, and is comprised of attorneys with professional expertise and diverse experience who can resolve complex copyright and intellectual property issues, including attorney Choi Seongho, who is a leading lawyer in the Legal Times TMT field, partner attorney Ahn Ilhoon, who is actively serving as a community expert for the Korean Copyright Committee, and attorney Jeon Yonghwan, who has extensive experience in ICT regulatory sandbox and proof-of-service legal consulting.