Fraudulent Conveyance Avoidance and Bankruptcy Priority in South Korea: Supreme Court Decision 2025Da210073
Core Answer: When a fraudulent conveyance avoidance action succeeds and the debtor is subsequently declared bankrupt, the restored assets fall into the bankruptcy estate. The Supreme Court in Case 2025Da210073 (May 20, 2026) held that a capital gains tax claim arising before the bankruptcy declaration constitutes an estate claim (jaedan chaekwon) under Article 473(2) of…
