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| In Korea, an employee has the right to obtain "reasonable remunerationquot; for an in-service invention when he or she transfers the patent rights or grants an exclusive license to the employer in accordance with a contract or service regulation. A recent district court opinion, Jung v. Hanlim Pharm. Co., Case No. 2007 Gahap 101887 (Seoul Central District Court, decided on Jan. 23, 2009), provides insight on how reasonable remuneration for patent use should be determined. |
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| The Korean Patent Court recently issued decisions recognizing the right of patentees to file scope trials against generics based on their regulatory approval status (without actual manufacture or sales of generic products). These decisions are considered to be very significant, in providing another option for pharmaceutical patentees to protect their products (and pricing, as discussed below). |
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| The recent Implementation Regulations to the Trademark Act, announced on Dec. 31, 2008, provide grounds for an expedited examination for trademark applications, which will come into force on April 1, 2009. |
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- Kim & Chang Ranked Again as the Only Top Tier Firm in Korea in Managing Intellectual Property ("MIP")'s World IP Survey 2009
We are proud to announce that for the sixth consecutive year, Kim & Chang is ranked as the only Tier 1 firm for patent prosecution and patent contentious work among Korean law firms in Managing Intellectual Property's annual survey of the world's leading IP law firms. Kim & Chang is the only firm that also captured the top tier honors for trademark prosecution and trademark contention work among Korean law firms. The MIP survey results are a qualitative ranking of the leading firms based on research and interviews with hundreds of practitioners and in-house counsels in 70 jurisdictions.
In this regard, we will continue to maintain our premier quality of legal services for our clients and live up to the honor which has been bestowed upon us.
- Kim & Chang Received MIP Korean Firm of the Year Accolade
We are pleased to announce that for the 4th consecutive year, Kim & Chang has been chosen as the "Korean Firm of the Year," which was presented at the 2009 MIP Awards in London on March 31, 2009. Thank you all for your continued trust and confidence.
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We are pleased to announce that the following attorneys recently joined Kim & Chang:
- Mr. Kenneth K. CHO, a US patent attorney who was the Counseling and Acquisition Manager for IP matters for the Consumer Electronics product Division of Philips and a Patent Assertion Attorney with AT&T Corp. has re-joined the firm as of January 20, 2009.
- Mr. Gregory B. KANG, a US attorney and former patent examiner who previously worked as in-house counsel for the LCD division at Samsung Electronics and was a partner at a boutique IP Law firm in the Washington DC metropolitan area, joined the firm as of January 28, 2009.
- Ms. Hye Joo MIN, a US attorney who previously worked at Dickstein Shapiro LLP, joined the firm as of January 12, 2009.
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More news and previous issues of our newsletter can be viewed on our website
≫ www.ip.kimchang.com
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