Class/collective actions in South Korea: overview | Practical Law

Class/collective actions in South Korea: overview | Practical Law

A Q&A guide to class/collective actions in South Korea.

Class/collective actions in South Korea: overview

Practical Law Country Q&A 5-617-3110 (Approx. 13 pages)

Class/collective actions in South Korea: overview

by Jin Yeong Chung, Sungjean Seo and Jong-Hyun Kim, Kim & Chang
Law stated as at 01 Oct 2020South Korea
A Q&A guide to class/collective actions in South Korea.
The Q&A gives a high-level overview of class/collective actions, including current trends; the regulatory framework; limitation periods; standing and the procedural framework for bringing an action; funding and costs; disclosure; damages and relief; settlement; appeals; alternative dispute resolution and proposals for reform.