The Subcontracting Act, which governs one of the stereotypes of unfair trade practices, protects the interests of economically weak contractors by preventing the prime contractor from abusing its superior position in the subcontracting process. However, the requirements for applying the Act are strict, and there is room for various interpretations of the relevant provisions, making this an area that requires immediate action. In recent years, enforcement of the Subcontracting Act has been tightened, and new issues such as technology theft have emerged, requiring constant risk management.
Our practice focuses on advising on subcontracting law issues at the contract signing stage, defending against internal investigations and audits related to subcontracting law violations, representing clients in subcontracting-related matters before the KFTC, representing clients in dispute settlement before the KFTC, representing clients the adjudication stage before the KFTC, and representing in administrative proceedings for cancellation of fines and corrective orders.
The Subcontracting Act, which governs one of the stereotypes of unfair trade practices, protects the interests of economically weak contractors by preventing the prime contractor from abusing its superior position in the subcontracting process. However, the requirements for applying the Act are strict, and there is room for various interpretations of the relevant provisions, making this an area that requires immediate action. In recent years, enforcement of the Subcontracting Act has been tightened, and new issues such as technology theft have emerged, requiring constant risk management.
Our practice focuses on advising on subcontracting law issues at the contract signing stage, defending against internal investigations and audits related to subcontracting law violations, representing clients in subcontracting-related matters before the KFTC, representing clients in dispute settlement before the KFTC, representing clients the adjudication stage before the KFTC, and representing in administrative proceedings for cancellation of fines and corrective orders.