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.

Comments

Popular posts from this blog

Criminal defense

Prohibition of the Infringement on Trademark Rights, etc. 2018Da253444