On the contentious side, the group frequently represents clients in lawsuits over interconnection fees, requests for disclosure of operating costs, data breaches and criminal cases stemming from the operation of crypto-currency exchanges. [113], In October 2020, Juul Labs Inc reduced its valuation from $12 billion from last year to around $10 billion. [32] In October 2019, it was reported that Juul planned to layoff approximately 500 workers by the end of 2019. At the heart of the city lies Manhattan, which is known as quintessential New York City. [136], Juul Labs argues that its marketing is targeted at adult cigarette smokers who are looking to quit. [78] The survey also found that 89% of youth attempts to buy a Juul online succeeded. [1][19] Other board members include Nicholas Pritzker, whose family owned chewing tobacco giant Conwood,[14] Riaz Valani, and Hoyoung Huh. [24] Juul's revenue in 2018 was over $1 billion,[108] up from approximately $245 million in 2017. [63] Protonated nicotine lacks the harshness of tobacco smoke. [102], Juuls are unique from other e-cigarettes in that they use nicotine salts rather than freebase nicotine in order to reproduce the effects of conventional cigarettes. Yeo Kyoon Yoon; Myoung Chul Kwak; Yun Jeong Seo; H.K. In addition, the firm has a growing equity capital markets practice and is also active in capital markets disputes. [127] The regulation of e-cigarettes in India is disputed between the government and the judiciary. [37], Jose Luis Murillo - Chief regulatory officer (Previous position was Senior Vice President, Regulatory Affairs, Altria)[38], VMR Products LLC was an electronic cigarette company. If (2) Restriction on Combining Pseudonymized Information. [82][83], A 2015 Stanford University study analyzing adolescents’ perceptions of risks and benefits of conventional cigarettes and e-cigarettes found that some of the participants believed that e-cigarettes did not contain nicotine, only water vapor. 26.). The dedicated banking and finance team at Lee & Ko provides a wide range of advisory services to Korean and multinational financial institutions and corporates. Indonesia. Certain provisions relating to the category of targets of external audits will become effective with respect to the fiscal years that commence on or after November 1, 2019. [148] In November 2019 Juul announced they would discontinue selling mint flavored pods in the US. SK Telecom Co., Ltd., SK Broadband Co., Ltd. Wallenius Wilhelmsen Logistics, Eukor Car Carriers Inc. Mirae Asset Consulting, Mirae Asset Daewoo, Mirae Asset Life Insurance. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. [131] Winterton was reported to organized high-profile, expensive events as part of the companies efforts. Greater Reforms for Promoting Work-Life Balance – Changes to the Gender Equal Employment…. The scope of the investigation includes whether the company targeted youths and made misleading claims about nicotine content in its devices. Juul Labs launches exclusive distribution agreement with vape wholesaler UKVB. the patent holder against the licensee’s right to use the patented invention. The team's proficiency in handling advisory work is demonstrated by its retention in a regulatory capacity by a number of government bodies, including the Ministry of Science and ICT, the Korea Communications Commission and the KFTC. [70], In August 2019, a spokesperson for Juul Labs said that the company was exploring an option similar to the deposit system for Juul pods to reduce marine pollution (which was proposed by Yogi Hale Hendlin, Postdoctoral Research Fellow in the Department of Medicine at the University of California, San Francisco). Nicotine is an addictive chemical. Before ordering I certify I have read and agreed to the Terms and Conditions. The recent valuation was, according to CEO K.C. Practice head Wonkyu Han, Hyunjoo Oh and Won Sik Choo are among the names to note. [184] Juul has filed lawsuits against 30 Chinese companies. [103] FDA also asked eBay to remove several listings of Juul products, which eBay complied with. Flying Under the Radar: Companies Must Increase Awareness of the Potentially Dormant and Disruptive Changes to the Minimum Wage in Korea. (B) Restriction on Combining Pseudonymized Information, Although the amended PIPA promotes the use of pseudonymized information, combining pseudonymized information between different entities is restricted in that the process may be conducted only by professional institutions designated by the PIPC (. ) In addition, the company said they would shut down their Facebook and Instagram accounts in the U.S. that promote the use of flavored pods, which entice underage users. [129], In June 2019, they announced plans for their products to be available in the Philippine market. There have been recent amendments to the Electricity Business Act (‘EB Act’) (the main Act governing the granting of permits required to develop and operate renewable energy projects in Korea) that are likely to affect a large majority of potential investors in Korean solar farm projects. regulations that may occur in [8] by 2007, they started a business by the same name. [17] The Juul electronic cigarette was introduced by Pax Labs in June 2015. Thus, the Credit Information Act will apply ahead of the PIPA where an entity processes personal credit information regardless of whether such entity is in the financial sector or not. Jae Hoon-Choi; Yong-Moon Kim; William Kim, ‘The team understands commercial objectives very well.‘, ‘Flexible, easy to understand and to reach.‘, ‘The team provides more than just a black or white answer, instead it provides solutions and suggestions that would meet the client’s needs.’, KFTC Enhances the Predictability and Clarity of Decisions but Potentially Increase the Overall Administrative Fine Levels. [61] Juul's heavy reliance on social media marketing is unique among major e-cigarette brands in the US—blu and NJOY were initially promoted mainly with television advertising while Vuse and MarkTen relied on promotional expenditures to consumers and retailers—and is touted as a major reason for its success. www.my-domain.no [173] The family of one teenager alleged he was enticed by Juul's "candy-like flavors, sleek and discreet design, and its representations that it was a healthier alternative to combustible cigarettes. [185] Counterfeit Juul-compatible pods have been sold on Alibaba. [124], At the beginning of 2019, Juul started selling products containing 1.7% nicotine in Germany. overview to Technology laws and Partner, Co-Head of International Arbitration & Cross-Border Litigation, – Partner – Labor & Employment, White Collar Crime, Administrative Litigation, Mergers…, – Partner – patent litigation, patent office trials, and client counseling with…, Founded in 1977, and comprising more than 700 professionals, organized into 8 practice groups with 40 specialty teams, One-stop service for all legal needs, based on efficient collaboration among highly specialized team, Emphasis on responsiveness and practical solutions, 8 major practice groups: (i) corporate and M&A, (ii) banking, finance and securities, (iii) litigation (both civil and criminal) and alternative dispute resolution (iv) tax and customs, (v) antitrust and competition, (vi) labour and employment, (vii) intellectual property and (viii) white-collar crime. As a result, the TR is expected to be activated in July, 2020 as scheduled. Authors: [48], It was reported that the rationale for the acquisition of VMR products was to gain access to the Chinese market. In addition, the compliance team advises an enviable roster of clients on cross-border regulatory work. Here's What That Means", "Adolescent Vaping and Nicotine Use in 2017–2018 — U.S. National Estimates", "New study: Teens 16x more likely to use Juul than older age groups", "Adolescents' Perceptions of Risks and Benefits of Conventional Cigarettes, E-cigarettes, and Marijuana: A Qualitative Analysis", "Recognition, use and perceptions of Juul among youth and young adults", "What the Surgeon General's E-Cigarette Warning Means for the Red-Hot Vaping Industry", "FDA targets e-cigarettes like Juul as teachers fear 'epidemic' use by students", "Vaping In School Raises Concerns From Administration, Parents", "FDA takes new steps to address epidemic of youth e-cigarette use, including a historic action against more than 1,300 retailers and 5 major manufacturers for their roles perpetuating youth access", "Juul, the vape device teens are getting hooked on, explained", "The 3 main reasons youth use e-cigarettes", "Juul CEO to parents of children who vape: 'I'm sorry, "Recurrent spontaneous pneumothoraces and vaping in an 18-year-old man: a case report and review of the literature", "People are throwing their Juuls out windows and drenching them in water just to quit", "High exposure to nicotine among adolescents who use Juul and other vape pod systems ('pods')", "Juul ramped up nicotine levels, and competitors followed, study says", "How Juul made vaping viral to become worth a dirty $38 billion", "Statement from FDA Commissioner Scott Gottlieb, M.D., on new enforcement actions and a Youth Tobacco Prevention Plan to stop youth use of, and access to, Juul and other e-cigarettes", "The Price of Cool: A Teenager, a Juul and Nicotine Addiction", "Addicted to Vaped Nicotine, Teenagers Have No Clear Path to Quitting", "Eliminating Youth Electronic Cigarette Use: The Role for Drug Therapies Public Hearing", "E-Cig Maker Juul Won't Tempt Instagrammers With Models Anymore", "Altria says Juul sales skyrocket to $1 billion in 2018", "Scoop: The numbers behind Juul's investor appeal", "Juul copycats are flooding the e-cigarette market", "Reynolds Vapor prepares national launch of new e-cig rival to Juul", "E-cigarette maker Juul files complaints against 'copycat products, "A cartoon monster puffing on a Juul stars in the vaping giant's latest lawsuit", "E-cigarette maker Juul cuts valuation to $10 billion - memo", "Juul Warns It Will Fight Israel Over Potential Ban on Its E-cigarettes", "Israel bans high-nicotine Juul e-cigarettes", "Juul Asks Israel's Top Court to Block Ban on E-cigarettes", "Fast-growing e-cigarette maker Juul to launch in UK", "Juul e-cigarette expands to England and Scotland, eyes Asia", "Наша цель заключается в том, чтобы люди бросали курить сигареты", "US e-cigarette maker Juul Labs launches in Irish market", "US e-cigarette brand Juul lands in Korea", "Umstrittene E-Zigarette Juul kommt nach Deutschland", "Exclusive: Juul plans India e-cigarette entry with new hires, subsidiary", "Govt calls for blocking entry of Juul Labs electronic cigarettes into India", "E-Cigarettes And Vapes Are Not Drugs To Be Regulated: Delhi HC", "Wealthy Vapers In India Are Buying Juul Kits For $100 On The Gray Market", "It's already the world's most popular e-cig brand, but will Pinoys smoke it? (B) Expanded Scope of Sensitive Information, Under the amended Enforcement Decree of the PIPA, (i) biometric data such as fingerprint, iris, and face and (ii) race and ethnicity data are newly added to the scope of sensitive information, which was previously defined to just include. This country-specific Q&A provides an In January 2019, Juul announced plans for a launch in India. [160] In total, Instagram removed 4,562 of 5,500 posts, Facebook Marketplace removed 45 of 145, and Amazon took down 13 of 33. [112] The complaint seeks to end importation of these products into the US. As such, it would be advisable for companies to review closely these differences when processing pseudonymized information. After conquering Spain with their now world renowned seeds they moved to conquer the whole of Europe. Regulations on the Supervision of Credit Information Businesses. Both Yeo Kyoon Yoon and Myoung Chul Kwak are recommended for acquisition financing work. [170], Individual suits for damages caused by injury and wrongful death allege that Juul products were addictive and inappropriately marketed as safe and not addictive[134][171][172] and were advertised and sold online to minors. "[14] As of November 2018, Juul put a halt on all flavored pods to prevent the increase in teen usage. "[161] A Juul spokeswoman also announced that Juul has its own patrol of retailers who advertise to youths or who do not enforce age requirements, noting that it had requested the removal of over 5,500 posts from Instagram, 144 posts from Facebook Marketplace, and 33 from Amazon.com. Sunyoung Kim; David Kim; Sanghoon Han; Saemee Kim, ‘Lee & Ko is well positioned to offer dynamic and strategic scenario planning in a case that involves unpredictable directions.‘, ‘The team provides a one-to-one customised service which increase the probability of a winning verdict.‘, ‘Sunyoung Kim possesses the diverse language capabilities, networking connections, and insights required of an international lawyer.‘, Republic of Korea (for three separate ISD cases), Dr. Chang Jae Shin (Chairman of Kyobo Life Insurance) (for two separate ICC cases), GS Engineering & Construction Corporation, The Republic of Korea represented by the Defense Acquisition Program Administration. A representative for Burns relayed a message made by Burns to Vice: "I never said this, or anything remotely close to this, period. William Kim. If a business operates a customer loyalty program together with other business, in which the amount of mileage points granted for the customers’ primary transaction is deducted from the purchase price of the customers’ secondary transaction and those customers only have to pay the remaining price, the amount deducted from the purchase price during the secondary transaction should not be additionally included as the value of supply(i.e. [8][87][61], Juul's sweet flavors, especially the fruit and crème brûlée ones, are especially attractive to teenagers, according to journalists,[8][69] academics,[61][76] and the U.S. Food and Drug Administration. Lee & Ko's team acts on the majority of large domestic and foreign energy and infrastructure projects involving a Korean sponsor or lender. The percentage of 12th grade students who reported vaping nicotine almost doubled, from 11% in 2017 to 21% in 2018. [84] Additionally, the 2017 Truth Initiative survey found 63% of teens and young adults did not understand that the Juul products they used always contains nicotine. Practice head Jin Hong Kwon regularly works on matters involving licensing and registrations, policy wording reviews and cross-border transactions. The San Francisco Port Commission, which owns and operates the heritage structure at Pier 70, has supported the legislation to prevent Juul and also companies that are active in the tobacco, firearms and alcohol business from occupying property that belongs to the city. must first submit its request/application to the Specialized Agency. [76][87] Accordingly, it is easy to conceal in clothing or elsewhere; a high school in Newton, Massachusetts discovered a Juul disguised as a Sharpie, for instance. The charges are for violations of the California Business and Professions Code specifically for unfair business practice and for false and misleading information being provided to the public which results in harm. On October 17, 2019 Juul agreed to make changes to its youth advertising practices as part of a settlement with the Center for Environmental Health. Kyuseok Park "[174] Juul did not put nicotine warnings on their products until August 2018, according to one complaint. Authors: Cellulitis is characterized by localized pain, swelling, tenderness, erythema, and warmth. [91] In response, Juul renamed some flavors—"cool cucumber" to "cucumber", "crème brûlée" to "creme", and "classic menthol" to "menthol"—saying that it "heard the criticism" and "responded by simplifying the names and losing the descriptors. Hui Jin Yang For this newsletter, we summarize in greater detail below the provisions related to the processing of pseudonymized information as follows: (1) Security Measures for Pseudonymized Information, Similar to the amended PIPA, the amended Credit Information Act requires the implementation of certain security measures to ensure the safety of pseudonymized information. Hermesetas: Sweet Swiss Tradition since 1932. Hayoun Chun [61] A 2018 study found that "Juul's social media activities were highly correlated with Juul retail sales. [2], According to Dow Jones VentureSource, Juul Labs was the sixth-most valuable US startup in July 2018, behind Uber and Airbnb. [92], Many of Juul's early marketing campaigns were youth-oriented, with prominent use of social media, youth-friendly themes, and young models pictured using Juuls. overview to Employment & Labour Law laws and Asia. South Korea. "[135] Similarly, the campaign's vice-president of communications Wilmore stated that Juul Labs "used the same imagery and themes that tobacco companies have always used to appeal to kids, and they fueled it with social media. In July 2019, Juul spent thousands of dollars to promote Juul as a smoking cessation to kids in schools. [128] As such, Juul e-cigarettes are not legally available in India and they are commonly sold on the Gray market for as much as $100 for the starter kit that costs $29 in the United States. In light of the recent amendment to the internal policies of the Financial Supervisory Service of Korea (FSS), companies that file a “Report on Material Facts” on or after April 29, 2019, will also be required, as a matter of principle, to disclose the underlying transaction documents in full. [5] As of July 2018[update], the Juul e-cigarette is manufactured in Shenzhen, China[21] while the pods are made in the United States. On May 20, 2020, the Korea National Assembly approved a bill to amend the Patent Act, adopting a so-called hybrid damages approach – where a patentee will be entitled to seek a royalty, as additional damages, for sales that exceed the patentee’s production capacity. South Korea. We have not done the long-term, longitudinal clinical testing that we need to do. You also have the option to opt-out of these cookies. [89] Unlike cigarette smoke's smell, Juuls can emit a fruity scent when vaped. The amended Enforcement Decree of the PIPA also requires that (i) the data handler disclose the standards which form the basis on which the above factors are assessed in its privacy policy and (ii) the Chief Privacy Officer check whether the further use and provision of personal information occurs in accordance with these standards. [81], Many reasons have been proposed for Juul's popularity among teenagers, including adolescents' misperception that Juul is safe, ease of concealment, sleek high-tech design, and fruity pod flavors. "[89] FDA also sent over 1,300 warning letters to stores that undercover investigators had found to be selling Juul and other e-cigarettes to minors,[89] and issued 131 fines ranging from $279 to $11,182. In short, the Korean Supreme Court held that absent [30] The subcommittee found that "Juul appears to be violating FDA regulations against making unapproved express and implied claims that its product helps users stop smoking cigarettes and is safer than cigarettes".