Abuse of Representative Authority in South Korea
Corporate Disputes Abuse of Representative Authority in South Korea:A Deed Voided Despite Shareholder Approval Taejin Kim · Managing Partner, Atlas Legal Seoul Northern District Court 2024Gahap21529 (May 14, 2026) Key answer: In Seoul Northern District Court 2024Gahap21529 (decided May 14, 2026), a representative director created a notarial deed diverting the company’s KRW 680 million receivable…