An article written by Foreign Attorney Rieu Kim, Attorney Hyuk Jun Jung and Foreign Attorney Caroline Yoon has been published on Kluwer Arbitration Blog, one of the leading blogs on arbitration in the world, on August 9, 2021.

 

This article calls for the need to create arbitration rules concerning class arbitration, cultivate relevant experts and carry out research into the relevant field with a long-term perspective, following the Korean government’s proposal of a bill that would allow class actions.

 

In particular, class certification, known as the starting point for class action arbitration, is an area that requires high-level of expertise and experience as the relevant decision must be made after analyzing various factors.  Accordingly, ample research and in-depth experience are needed to deal with this area.

Time for Class Action Arbitrations in Korea? - Kluwer Arbitration Blog

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