SOUTH KOREA Law and Practice Contributed by: Eun Young Park, Zac Sharpe, Joon Won Lee and Yoo Lim Oh, Lee & Ko
an Civil Procedure Act, such as successors in interest after the conclusion of oral arguments. Korean courts have no special power to bind foreign third parties. Whether a foreign third party is bound by an arbitration agreement or affected by an award must be determined under the generally applicable rules governing the scope and effect of the arbitration agreement or award.
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