On October 30, 2024, Kim & Chang hosted an English-language webinar to address recent trends concerning the Serious Accidents Punishment Act (the “SAPA”).

Foreign attorneys Sung Min Won, Heon-Yup Lee and June Yong Lee, joined by criminal defense attorney Hanjo Kim, discussed the following topics to an online audience of more than 100 registered participants from diverse industries, including machinery,  chemicals, health, telecommunications & media, real estate, energy and oil and gas, among others:

• Overview of the SAPA cases (their incidence, number of prosecuted cases, cases with district court rulings through September 30, 2024)

• Observations on cases closed by the Labor Office and cases that did not end in an indictment decision by the Prosecutors’ Office

• Trends in the district court rulings, particularly relating to severity of punishment and key drivers guiding the courts

• Important takeaways regarding SAPA compliance for companies
   

Kim & Chang’s Serious Accidents Punishment Act Practice will monitor the case law developments and continue to provide insights for SAPA compliance and risk management for companies, including the Korean subsidiaries of multinational companies.

On Kim & Chang’s Serious Accidents Punishment Practice

Kim & Chang’s Serious Accidents Punishment Act Practice provides a “one-stop service” solution for businesses, drawing on the market-leading resources and capabilities of the firm’s Corporate Investigations & White Collar Defense, Environment, Occupational Safety and Health, and Labor & Employment Practices. Kim & Chang has one of Korea’s largest and most experienced bench of professionals with dedicated practice focus on safety and health matters, comprised of attorneys, former government officials and Korea OSHA safety experts.