법무법인 아틀라스(인천 송도)

Shareholder Derivative Lawsuit Victory | Director Compensation Case

1. Case Overview Atlas Legal achieved a complete victory in a shareholder derivative lawsuit. The Seoul Southern District Court ordered the return of all director’s compensation paid without a general shareholders’ meeting resolution, plus delay damages at an annual rate of 12%. 2. Key Issues Article 40 of Articles of Incorporation: Director’s compensation shall be […]