A Seoul court (2024Gahap21529) voided a notarial deed diverting a company’s KRW 680 million receivable to its representative director, holding that shareholder approval does not cure an abuse of representative authority or breach of trust under Korean law.
The Korean Supreme Court (2025Da219931) held that a shareholder-director cannot vote on a director compensation cap and that such shares are excluded even from the total issued shares used for quorum.
Does a qualified acceptance of inheritance in South Korea make you pay acquisition, property, and capital gains tax from your own assets? Learn how Korean courts cap an heir’s liability at the inherited estate when the tax is a “cost of inheritance” under Civil Act Article 998-2, with key Supreme Court rulings.
Can a creditor seize Bitcoin in South Korea? Learn how Korean courts attach a debtor’s withdrawal claim against an exchange under the Civil Execution Act, why exchanges and their banks are both named as third-party debtors, and how seized crypto is converted to cash.
When you lease trust-held property in South Korea, who must return your deposit? Learn how Korea’s Trust Act reform and the Supreme Court’s 2025 ruling reshaped a tenant’s rights and what to verify before signing.
A Korean lawyer explains shareholders’ voting agreements: why they bind the parties but not the company, and the remedies for breach under South Korean law.
South Korea now favors a buyout when dividing unlisted company shares on divorce (Supreme Court 2024Meu16033) — covering the method, share valuation, and division ratio.
When are consent and penalty clauses in South Korean investment agreements valid or void? A guide to the shareholder equality principle and court rulings.
How much control must a contractor show for a construction lien (yuchigwon) to be recognized in South Korea? See how courts decide possession.
Shareholders who win a derivative suit in South Korea can recover reasonable attorney fees from the company under Article 405. Key court rulings explained.
