A direct payment agreement under Korea’s Framework Act on the Construction Industry transfers the construction payment claim to the subcontractor on the signing date, so later seizures fail. Yet the subcontractor lost on remand for failing to prove completed work.
A Seoul court denied same-sex de facto marriage yet recognized the couple’s life partnership as a legally protected interest, awarding KRW 10 million.
Korea’s Supreme Court held an issuer, both co-CEOs, and a disclosure officer liable for capitalizing Phase 1 R&D costs as intangible assets, awarding investors 30% of their losses.
A book inspection injunction with a fixed compliance window yields no daily penalty when indirect compulsion begins after it lapses. Supreme Court 2025Da218465.
Under South Korean law, a contribution share fixed by co-heir agreement or family court ruling cannot be deducted when calculating legitime. The Seoul High Court confirmed in June 2026 that this rule survives the amended Korean Civil Act.
The Supreme Court of Korea held on June 11, 2026 that the amended Civil Act proviso to Article 1008 applies even when the succession opened before April 25, 2024, so long as the forced heirship case was pending in court on that date. Here is what changed.
The Supreme Court of Korea held in 2024Geu834 that heirs are not deemed to have made a qualified acceptance when a debtor dies after a bankruptcy declaration. Learn the three-month deadline and the inherited estate bankruptcy option.
A licensed real estate broker in South Korea who signs a lease agreement without actually brokering the deal can be liable to a lender that relied on it. The Supreme Court’s 2026 ruling on negligent aiding explained.
How South Korean law treats a director who takes the company’s business opportunity: Article 397-2, the damages presumption, and the 2025 Supreme Court ruling barring set-off of unlawful gains (2021Da256696).
How Korean courts decide when a foreign subsidiary triggers the 10% cross-shareholding voting ban — lessons from the Korea Zinc and Young Poong dispute.
