Validity of Exclusive Jurisdiction Clause
Supreme Court Decision 200153349 Decided March 25, 2004 [Damages] For an agreement of exclusive international jurisdiction to be valid when it designates the foreign court as the court of competent jurisdiction while excluding jurisdiction of a Korean court, the case in question must not fall under the exclusive jurisdiction of a Korean court, and the designated foreign court must possess jurisdiction over the case under the foreign law; in addition, the case in question must bear reasonable relevance to the foreign court. Except cases where the agreement for exclusive jurisdiction is obviously unreasonable and unfair to the extent of constituting a juristic act contrary to public order and good morals, the agreement of jurisdiction is valid.