business judgment rule Korea

Table of Contents 1. Why Were These Guidelines Issued? — Background of the 2025 Amendment 2. What Does the Amended Article 382-3 of South Korea’s Commercial Act Actually Say? 3. What Is the Business Judgment Rule Under South Korean Law? 4. What Fairness Measures Should Directors Take in Conflict-of-Interest Transactions? 5. Inter-Affiliate Mergers and Going-Private…