Case Studies
[Game] Review of Legality of Blockchain-Based Game Service
Block chain based game platform A has commissioned a legal review of the legitimacy of providing social casino games that utilize specific tokens based on block chain. Regarding P2E games, which are games in which block chain tokens are used and these tokens can be converted into cash through exchanges, we comprehensively reviewed the opinions of the Game Contents Committee and recent precedents to provide a result regarding the legitimacy of the service. We provided the contents of a review of related laws such as the “Act on Promotion of Game Industry” and the “Criminal Act” regarding potential legal risks that may occur when distributing this game on the client’s platform. According to Article 21(1) of the “Act on Promotion of Game Industry,” game products must obtain a rating upon distribution or provision for use domestically. However, since block chain games still lack clear review regulations or standards, you feel difficulties in preparation and inquire to Game-Specialized Law Firm Veat. Because improper preparation can lead to a rejection of a rating determination, it is advisable to receive legal review through a Game-Specialized Law Firm before classification to accurately confirm it. Especially for block chain based games, it is more effective to proceed with rating classification smoothly if you understand both “game” and “block chain service” so it is advisable to receive legal review from a game-specialized attorney. Law firm Veat is a law firm with “engineering-related lawyers” positioned within it, introduced as a law firm to be noted in the “THE LEGAL 500” in the field of startup advisory for technology-based startups, and provides assistance as a consulting/advisor attorney for various block chain-based businesses based on extensive experience in handling numerous block chain-related cases. If you need a legal review regarding game and block chain services, please contact Law firm Veat. Thank you. Law firm Veat.
[Copyright] Legal review of copyright infringement issues related to game works within SNS platforms.
Law firm Veat has conducted legal review regarding the potential for copyright infringement issues related to SNS platforms, taking on a request from SNS platform A. Law firm Veat checked A’s services and comprehensively reviewed legal issues concerning copyright infringement arising from videos uploaded by users. Furthermore, Law firm Veat provided detailed guidance to the customer company, an online service provider, regarding the direction they should take when videos are suspected of copyright infringement. The Supreme Court determined that in the case of game copyrights, which have a complex nature due to the combination of works such as literary works, musical works, artistic works, video works, and computer program works, characters, items, and background screens that react according to a predetermined scenario and game rules in response to the manipulation of game users, as well as the computer program to technically operate them, and the video and background music implemented through them are organically combined (Judgment of the Supreme Court on June 27, 2019, Case No. 2017da212095). Therefore, a comprehensive review is needed to determine if diverse and complex copyrights, such as game copyrights, are subject to application under copyright laws and related regulations. Given that online service providers have a duty to take appropriate measures such as deleting posts and preventing similar posts with similar content from being posted in the same internet space, if they violate these measures, enabling the copyright infringement of the poster, liability as a conspirator for aiding and abetting (Judgment of the Supreme Court on March 11, 2010, Case No. 2009da4343) applies. Therefore, it is recommended that online service providers receive meticulous legal review to ensure compliance with relevant regulations. Given the current situation where diverse creative works are uploaded to SNS, numerous copyright-related issues are occurring. SNS platform operating companies deal with various works, so it is recommended to carefully discuss with experienced lawyers regarding copyright matters to avoid disputes. Law firm Veat operates the TIP (Technology. Intellectual Property) team, which provides enhanced services in the fields of copyright and intellectual property. The TIP team is led by Partner Partner Mr. Oh Seungjong, a recognized authority in intellectual property rights, and includes Partner Mr. An Il-won, a community expert with the Korea Copyright Commission, and Partner Mr. Jeon Yong-hwan, who has been responsible for legal consulting related to ICT and regulatory sandbox. If you have any inquiries regarding copyright infringement or intellectual property rights, please contact Law firm Veat. Thank you. Law firm Veat.
[Personal Information] Songdo-yeong Representative Attorney_National Health Insurance Service "Special Lecture for Personal Information Protection Experts in 2023" Held
Veat Law Firm’s representative attorney, Songdo-yeong, held a special lecture titled “2023 Personal Information Protection Specialist Lecture” on June 26th at the National Health Insurance Service’s Daejeon-Sejong- Chungcheong Regional Office. This personal information-related lecture, organized by the National Health Insurance Service, was held for personal information protection officers of the National Health Insurance Service’s regional offices and branches, prospective employees with an interest in personal information protection, and dedicated personal information protection personnel. Representative Attorney Songdo-yeong meticulously addressed the “Measures that public institutions should take in response to major revisions of the Personal Information Protection Act” during the Personal Information Protection Specialist Lecture. Furthermore, he emphasized the necessity of technical protection measures through various cases of personal information protection violations at public institutions. Veat Law Firm’s representative attorney, possessing professional expertise in the field of personal information protection and extensive consultation experience, combines theoretical knowledge with practical experience, actively participating in academic research on personal information protection and serving as the Executive Director of the Korean Association of Personal Information Professionals (KAPP). If you need a personal information protection lecture request or other assistance related to personal information protection, please submit directly to Veat Law Firm through the link below. Thank you. Veat Law Firm Wishes You Well.
[Healthcare] Legal review of Terms of Use and Privacy Policy for mobile web services.
Law firm Veat received a request from A Company regarding mobile web service A’s healthcare mobile web service, and conducted legal review of the terms of use and personal information protection policy related to the mobile web service. Law firm Veat confirmed that A Company’s service was partnered with other healthcare companies to provide patient health checkup management services, and carefully reviewed whether all collected personal information was properly stated, whether it was appropriately regulated regarding personal information collection consent for information that is considered sensitive due to the nature of healthcare services. The terms of use should accurately reflect the company’s services, and it is important to carefully examine whether necessary parts are included, and whether there are any parts that violate the “Act on the Promotion of Information and Communications Network Utilization and Protection of Personal Information.” Recently, there has been increased interest in the collection and processing of personal information, which is intertwined with the company’s trust. If you are preparing healthcare services, it is recommended that you receive assistance from a healthcare attorney with extensive experience in legal advice regarding sensitive personal information, because it allows you to proceed efficiently and meticulously. When managing personal information, you must comply with the contents stipulated in the “Personal Information Protection Act,” such as the specific statement of the collection, use purposes, and items of personal information. When operating healthcare services, due to the management of sensitive medical information, management regarding the utilization and protection of personal information must be thorough, and you should examine whether there are any potentially problematic parts in the terms of use and personal information protection policy which contain the contents regarding the management of personal information, and whether there are any violations of the law, and if it feels difficult or professional assistance is needed, please contact Veat, a healthcare-specialized law firm with healthcare attorneys. If you need assistance with legal review of healthcare services, or the terms of use and personal information protection policy, please contact Law firm Veat. Thank you. Law firm Veat
Songdo Young Representative Attorney_Personal Data Protection Law Association "Direction for Improving Personal Data Protection Regulations for Strengthening Global Competitiveness" Seminar Participation
Veat’s Songdo-yeong Representative Attorney participated in the “Global Competitiveness Enhancement: Directions for Improving Personal Information Protection Regulations” seminar held by the Personal Information Protection Law Association on June 22 at the HJ Business Center as a personal information protection legal expert. (Korean Internet Enterprise Association) sponsored this seminar. Kyungin Education University’s Simwoo-min Professor delivered “Digital Field Personal Information Legal System Consistency Review,” and Seoul National University’s Kim Eun-soo Professor delivered “Review of Key Regulations under the Personal Information Protection Act - Focusing on Disclosure of Personal Information Usage Details,” followed by a discussion led by Yonsei University’s Obong-cheol Professor, Veat Law Firm’s Representative Attorney Songdo-yeong, Naver’s Ijae-rim Director, and Personal Information Protection Committee Officer Im Jong-cheol. Veat Law Firm’s Representative Attorney Songdo-yeong stated, “Because complex issues can arise if personal location information is integrated, it is necessary to consider effective integration methods. Furthermore, ‘The Disclosure System for Personal Information Usage and Provision Details has meaning in terms of post-implementation guidance, but it may also be worthwhile to consider a direction where the Personal Information Protection Committee integrates the verification paths of each business for personal information usage and provision details and informs the individuals.’” Representative Attorney Songdo-yeong of Veat Law Firm is actively involved in the personal information protection field through his participation in the Personal Information Protection Law Association seminar, his activities as the Office Manager of the Korean Association of Personal Information Protection Experts (KAPP), and other multifaceted roles. If you need advice regarding personal information protection, please contact Veat Law Firm. Thank you.Veat Law Firm
[IT/Software] Legal Review of Collaboration Agreement for Mobility Service Integration
Law firm Veat took on a referral from A, a mobility development company, to review a collaboration agreement for integrating mobility services. A wanted a review of the contract regarding its business of integrating its application with the platform held by the manufacturing major. Law firm Veat provided legal review after focusing on whether the referral’s technical or source code would be disclosed to the other party or whether permission rights would be granted, considering that A was a relatively small company. Mobility services refer to vehicle and ride sharing using a smartphone app, vehicle call services, and the ability to easily access shared bicycles and electric scooters on the street; all of these are “service-type mobility,” or MaaS. Mobility services are strengthening collaboration between companies based on growing interest in Urban Air Mobility (UAM) services and expanding mobility service ecosystems. For businesses involving collaboration between companies, collaboration agreements play an important role, so it’s necessary to have a thorough consultation with a legal expert with extensive experience regarding mobility services. There are many items to consider including technology security, cost issues, and liability, so if you are having difficulty, please contact Law firm Veat. Law firm Veat is an “IT-specialized law firm” with lawyers from IT backgrounds, and has been introduced as a “law firm to watch in the startup advisory field in THE LEGAL 500,” and is offering streamlined service regarding software development collaboration if you can consider both law and software simultaneously. Therefore, please receive a legal review regarding software development collaboration needed for mobility service integration. If you need a legal review for mobility services or other IT services, please contact Law firm Veat. Thank you. Law firm Veat.
[Corporate Legal] Drafting Partnership Agreements when Converting a Sole Proprietorship to a Corporation
Law firm Veat accepted the request from client A seeking to transition from individual business operator to a corporation and drafted a partnership agreement between shareholders. Specifically, Law firm Veat comprehensively considered the rights and obligations of partners and the transfer of equity from the individual business operator. A partnership agreement is drafted when two or more partners operate a business together. The document should specifically record matters between the partners that may prevent future disputes and clearly define rights and obligations. Partners often find it difficult to address matters of partner departure and profit distribution. Therefore, the partnership agreement should specifically record matters that may occur when operating a business, which can help reduce future legal risks. / When one partner departs, it is important to record provisions regarding the departure and profit distribution in the partnership agreement, including whether the departing partner would suffer any disadvantage or how the shares would be adjusted when operating after departure. Furthermore, it is important to draft provisions regarding profit distribution determined verbally between partners and regarding control of management, in a way that does not violate legal matters. If you need careful review to avoid future disputes, consider contacting Law firm Veat, with abundant practical experience in related fields/ Law firm Veat provides legal advice on various types of shareholder agreements and partnership agreements based on its experience advising/consulting on multiple companies. If you need drafting of shareholder agreements and partnership agreements or need regular legal advice, please contact Law firm Veat. Thank you. Law firm Veat
[Corporate Legal] Legal Review for Liquor Import Consulting
Law firm Veat undertook a review of illegality regarding consulting services related to import of alcoholic beverages, commissioned by alcoholic beverage import company A. Regarding the importation of alcoholic beverages manufactured overseas by foreign manufacturers, providing market research and pricing consulting services within the domestic market constituted a violation of the “Act on Alcoholic Beverage Licenses, etc.,” so we provided a report offering our opinion after legal review to determine if it did. Specifically, Law firm Veat thoroughly examined the transaction content that the client wanted to pursue and the existence of licenses for alcoholic beverage manufacturers and beverage sales businesses, complying with the “Act on Alcoholic Beverage Licenses, etc.” through legal review and guidance. Company A requested Law firm Veat to review a copyright usage permission agreement related to supplying alcoholic beverage labels during importation into the domestic market. Law firm Veat reviewed and revised the contract based on the intent of the contract and the overall content. The “Act on Alcoholic Beverage Licenses, etc.” prohibits the provision of money or similar actions related to the trade of alcoholic beverages by those with alcoholic beverage manufacturing licenses and beverage sales licenses, except in special circumstances, in order to establish a “healthy alcoholic beverage trade order.” Regulatory agencies closely monitor and supervise any unfair trade practices that may hinder fair trade orders in the market. If deemed to be an unfair trade practice, you may receive measures such as a stop and prevention of recurrence for the specific unfair trade, resale price maintenance, and improper profit provision to related parties, and due to the possibility of fines, we recommend carefully reviewing with a legal expert in advance to proceed with your business safely. Law firm Veat provides effective legal advice based on the communication with various companies as a senior/advisor attorney and the extensive experience of advising numerous companies. If you have any inquiries or need corporate legal advice regarding alcoholic beverage rebates or unfair trade practices, please contact Law firm Veat. Thank you. Law firm Veat.
[Copyright lawsuit] The case of "The Overworld" recovery work involving the Japanese epic historical novel, resulted in a victory in the copyright infringement lawsuit.
Law firm Veat’s Oh Sejong attorney was involved in a case concerning the reprint of ‘Mang-gang’ (by Tokugawa Ieyasu), a Japanese historical novel that gained popularity upon its 1975 translation into Korean, and recently received renewed interest. He successfully defended the publisher against charges of copyright infringement, arguing that the 2005 reprint did not constitute a new work. Content of the Case The reprint in question was a translation of the Japanese historical novel ‘Mang-gang’ into Korean, serialized in Japanese newspapers and published as a bestseller by Japanese publishers. Following its publication in 1975 in Korean by publisher A, the book also became a bestseller domestically. In 2005, publisher A released a revised edition of ‘Mang-gang,’ based on the revised orthography and grammar of the 1975 edition, correcting inaccuracies in translation or interpretation. This was initially brought as a charge of copyright infringement. Law Firm Veat’s Argument and Court’s Judgment Law firm Veat’s Oh Sejong attorney argued that the reprint was not a new work, citing several factors: the 1957 copyright law, in effect before Korea’s accession to international copyright treaties, did not protect foreign works published outside of Korea; the subsequent amendments to the copyright law provided for retroactive protection; and the 2005 reprint was merely a correction of errors in translation or interpretation, not a new work. Consequently, the Supreme Court accepted attorney Oh Sejong’s arguments, ruling that while the 2005 reprint differed from the 1975 reprint, it was not a new work and that the provisions of the 1995 copyright law amendment regarding retroactive protection could apply, thereby dismissing the copyright infringement charges. Significance of the Case The reprint, referring to works previously used without restriction in Korea prior to the country’s accession to international copyright treaties, was protected as a Korean work following Korea’s accession to those treaties. This case is a significant precedent, establishing criteria for protecting foreign works within Korea in the context of the global proliferation of cultural content facilitated by digital technology and network environments. Veat Law Firm’s Copyright/Intellectual Property ‘TIP’ Team Law firm Veat has a ‘TIP’ team specializing in copyright and intellectual property, proactively tracking international trends to minimize legal risks for its clients. The TIP team has extensive experience handling copyright litigation and advisory services, spearheaded by copyright expert Oh Sejong attorney, providing in-depth legal counsel. Please contact us for any copyright-related assistance. Thank you.
[Foreign Exchange Transaction Report] Foreign exchange transaction report for wire transfers of domestic subsidiaries of foreign companies.
Law firm Veat undertook all foreign exchange transaction reporting for A Company’s virtual asset platform. A Company requested Law firm Veat to handle foreign exchange transaction reporting on behalf of its overseas parent company in connection with transferring operating funds to its Korean subsidiary. Given that foreign exchange transaction violations can be confirmed through various means, it is important to receive documents related to violations to obtain the assistance of a lawyer with expertise in the Foreign Exchange Transaction Act and efficiently resolve the issue from the initial investigation stage. For companies with overseas parent companies or those conducting a significant amount of overseas fund transfers, foreign exchange reporting is essentially essential. The Foreign Exchange Transaction Act and the Foreign Exchange Transaction Regulations meticulously detail various reporting procedures and required documents, and often require smooth communication with relevant institutions during the preparation process. Therefore, we recommend utilizing the services of an experienced lawyer to easily navigate the reporting procedures. Law firm Veat provides a one-stop service, from identifying the type of reporting required during various foreign exchange transactions to gathering and submitting the actual application materials. Please feel free to contact Law firm Veat’s Foreign Exchange Center if you require various foreign exchange transactions or regulatory reports. Thank you. Law firm Veat