KIM&CHANG
Newsletter
A Quarterly Update of Korean IP Law & Policy
Winter 2013/14
PATENT
KIPO’s Growing Popularity as an ISA for U.S.-Originating PCT Applications
Under the PCT system, each application must undergo an international patentability search by a designated international search agency (“ISA”). As of the beginning of 2013, there were 15 national (or regional) patent offices or organizations operating as ISAs around the world, at least one of which must be made available for selection through the receiving office where the PCT application is filed. With the continuing growth in the number of international patent filings, and companies’ growing need to pursue IP protection in multiple countries, the choice of ISA to perform the search on a given application is becoming increasingly important. Read more
Additional Details Announced Regarding Revised Invention Promotion Act
The Invention Promotion Act was recently amended to increase employee rights and encourage employers to pay fair compensation to its employees for employee inventions ("Revised IPA"). The Revised IPA went into effect on January 31, 2014. Read more
The Patent Prosecution Highway in Korea and Its Strategic Use in Prosecution
In January this year, Korea launched two programs to expedite patent prosecution: (i) the Global Patent Prosecution Highway (GPPH) and (ii) the IP5 PPH. The purpose of both programs is to simplify the existing system, which consists of multiple bilateral agreements, by replacing it with a single set of qualifying requirements and permitting an applicant to use one unitary system across multiple jurisdictions. Read more
Restrictive Covenants from Exclusive Patent License Agreements Must Be Recorded with KIPO
Exclusive patent licenses may sometimes come with certain restrictive covenants (e.g., certain sales territory, exclusive period, place of manufacturing, or products). However, these restrictive covenants must be recorded with the Korean Intellectual Property Office in order to be enforceable through patent laws. Read more
TRADEMARK & DOMAIN NAME
Proposed Amendments to the Korean Trademark Act
The Korean Intellectual Property Office ("KIPO") has recently proposed some significant changes to the Korean Trademark Act. If passed by the National Assembly, KIPO hopes to have the proposed amendment go into effect as of July 1, 2015. Read more
Changes to the Trademark Examination Guideline
The Korean Intellectual Property Office (“KIPO”) has recently announced changes to the Trademark Examination Guideline (“Guideline”). These changes went into effect on January 1, 2014. The Guideline is used by KIPO examiners when reviewing trademark applications, and some of the key changes are discussed below. Read more
trademark - - 트레이드마크
Reversing a long-held position, the Supreme Court of Korea en banc recently ruled that the use of only the English portion (or equally, only the Korean transliteration portion) of a registered English/Korean transliteration combination mark constituted use of the mark as registered. Read more
A Defeat for Cybersquatters
The Supreme Court of Korea confirmed that the lack of fame of a trademark in Korea could no longer be used as an excuse by cyber squatters in cases involving top level domain names, including .com, and .org. Korean cyber squatters often argued in civil actions filed under the Korean Internet Address Resource Act, that the foreign owner of a famous trademark abroad did not own legitimate rights to demand the transfer or de-registration of a domain name, if the mark was not also famous in Korea. Read more
New Hurdle for Trademark Infringers
In a surprising decision, the Supreme Court, upholding the Daegu High Court's ruling, recognized for the first time the existence of a presumption of negligence on the part of the infringer in cases of trademark infringement, making it easier for plaintiffs to recover damages for infringement. Read more
FIRM NEWS
AWARDS & RANKINGS
Kim & Chang won highest number of awards at ALB Korea Law Awards 2013
Kim & Chang recognized as top-tier law firm in all 14 areas in The Legal 500 Asia Pacific 2014
Kim & Chang highly recommended for 13 practice areas in Asialaw Profiles 2014
Kim & Chang professionals recognized in Asialaw Leading Lawyers 2013
Kim & Chang ranked among top trademark firms in WTR 1000 2014
Jay Young-June Yang named to Asia IP’s “50 litigators you should know”
Kim & Chang named Copyright Firm of the Year for Korea at 2013 Asia IP Awards
EVENTS
2013 Korea-US IP Judicial Conference in Seoul on October 21-22, 2013
IP Service World 2013 in Munich on November 25-26, 2013
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