Investment Agreement Penalties in South Korea
Corporate Disputes Are Penalty and Damages Clauses in Investment Agreements Enforceable in South Korea?Prior Consent Rights and the Shareholder Equality Principle Taejin Kim · Managing Partner, Atlas Legal Supreme Court of Korea 2021Da293213 · 2022Da290778 · 2023Da210670 Key answer: Under South Korean law, prior consent and penalty clauses in investment agreements are not automatically void….