Under Article 388 of the Korean Commercial Act, directors in South Korea cannot claim severance without a shareholder resolution. A Seoul High Court ruling and settled Supreme Court doctrine explained.
If a supplier’s employee in South Korea had implicit authority to collect payment, transfers to third-party accounts may still discharge the debt. Implicit authority, embezzlement, and collusion analyzed.
How to determine contract parties without written agreements under Korean law. Supreme Court precedents and winning strategies from Atlas Legal in Songdo, Incheon. atlaw.kr
What if you’re unilaterally deleted from the shareholder register or denied notice of shareholder meetings in South Korea? Atlas Legal’s successful court case explains shareholder status confirmation and damages claims in detail.
