Victory in Contract Deposit Reimbursement Litigation
Atlas Legal recently represented the defendant (seller) in an earnest money dispute regarding residential property in Incheon, successfully dismissing the plaintiff’s claim for double reimbursement by proving the non-establishment of the sales contract and absence of penalty clause agreement. Basic Concept and Types of Earnest Money Earnest money refers to money or valuable goods delivered […]
Response to Shareholder Register Deletion | Shareholder Status Confirmation Victory
What If the Company Deleted You from the Shareholder Register? During internal corporate disputes, shareholders may be unilaterally deleted from the shareholder register or fail to receive notices of shareholder meetings. Let’s explore how to protect shareholder rights through a case where Atlas Legal recently won at the Incheon District Court. The Case Details: Breach […]
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 […]
Korea-China Investment Dispute Victory | Contract Breach Claim Dismissed
Atlas Legal successfully won a Korea-China investment dispute lawsuit. 1. Party Information Plaintiff: Company A (Domestic Investment Company) Defendant: B (Representative of China X Co., Ltd.) Legal Representative: Atlas Legal Case Result: Plaintiff’s claims dismissed (Complete victory for defendant) 2. Case Background and Investment Contract Dispute Development This dispute, originating from an investment joint venture […]
Atlas Legal’s Response to International Distributor Dispute
Atlas Legal handled response work to a certified mail sent by an overseas exclusive distributor on behalf of a Korean equipment supplier client. The counterpart distributor claimed unfairness of the distributorship agreement, unreasonableness of payment schedules, the headquarters’ failure to perform support duties, and abuse of superior bargaining position while failing to pay equipment costs. […]
Successful Trademark License Contract Violation Penalty Case
Atlas Legal successfully represented South Korean Company A in a trademark license contract dispute against Chinese Company B, securing a favorable judgment. Company A holds the trademark rights for “Trademark X,” while Company B is a Chinese company that entered into a five-year license agreement with Company A in February 2022. Under the contract, Company […]
Complete Acquittal in National Assembly Member’s Bribery Case
Bribery charges represent one of the most devastating accusations a public official can face, extending far beyond legal penalties to inflict irreversible damage on political credibility and social reputation. Particularly when a member of South Korea’s National Assembly is accused of receiving money or valuables from business persons, it becomes an extremely sensitive matter directly […]
Shareholder Agreement Consultation and Drafting: Establishing Transparent Governance and Trust
Atlas Legal, located in Songdo, Incheon, provides shareholders’ agreement drafting services for advanced technology companies. Through customized legal solutions for transparent management and stable corporate governance, we clearly define the rights and obligations between shareholders and support sustainable corporate growth.
Victory in Injunction Case for Suspension of New Stock Issuance Effectiveness
Atlas Legal has successfully represented Company X in an injunction case concerning the suspension of effectiveness of new stock issuance. Please click here for details.
Derivative Lawsuit – Successful Case for Return of Executive Compensation
Atlas Legal has achieved a victory in a derivative lawsuit where shareholder X (hereinafter “Plaintiff”) filed a compensation return claim against CEO A (hereinafter “Defendant”) on behalf of Company Y. Please click here for details.