Executive Severance & Shareholder Resolution in South Korea
Corporate Disputes Executive Severance in South Korea:Why a Shareholder Resolution Is Essential Taejin Kim · Managing Partner, Atlas Legal Seoul High Court 2025Na205650 · Supreme Court 2023Da269818 · Changwon District Court 2023Gadan111202 Key takeaway: In South Korea, a director’s severance and retirement pay fall under Article 388 of the Korean Commercial Act, so without a…