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Contact US
B-2901, Centroad, 323, Incheon Tower Dae-ro, Yeonsu-gu, Incheon, South Korea(22007)
Exit 1, International Business District Station,
Incheon Subway Line 1
· Tel : +82 32 864 8300 · Fax : +82 32 864 8301
· Email : info@kimnpark.com.
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What's new
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Designing Shareholders' Agreements: The Foundation of Transparent Governance and Trust
Incheon Songdo International Business District K&P Law Firm Attorney Taejin Kim K&P Law Firm recently completed drafting a shareholders' agreement related to a technology-based enterprise. This agreement aimed to ensure transparent management and stable corporate governance by clearly defining the rights and obligations between shareholders. Below, we introduce the necessity of shareholders' ..
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Case Study on Partnership Agreement Drafting: Designing Mutual Cooperation and Fair Partnership
Incheon Songdo International Business District K&P Law Firm Attorney Taejin Kim K&P Law Firm recently completed the drafting of a partnership agreement between two companies operating in an innovative business field utilizing advanced technology. This contract focused on building a sustainable cooperative relationship based on mutual trust and balanced role distribution. Below, we introduce the..
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K&P Law Firm Successfully Represented Company X in Injunction Case Concerning New Stock Issuance
K&P Law Firm has successfully represented Company X in an injunction case concerning the suspension of effectiveness of new stock issuance.Case OverviewA was a shareholder who owned 8,000 shares out of Company X's total issued shares of 20,000 (40% ownership stake).On August 20, 2024, Company X held a board meeting and resolved to issue new shares.B, who owned 8,000 shares of Company X, and C, w..
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Derivative Lawsuit - Successful Case for Return of Executive Compensation
K&P Law Firm 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. According to Article 388 of the Commercial Act, a director of a corporation can only receive compensation if it is determined by either the articles of incorporation or a resolution of the sha..
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Case of Successful Defense Using Commercial Statute of Limitations - Arguing that CEO's Liability for Company Debt is also Subject to Commercial Transaction Rules
K&P Law Firm successfully argued that the statute of limitations for commercial transactions applies when a CEO assumes responsibility for company debt. Case Details:The defendant was serving as CEO of both a Chinese company A and Korean company B.In February 2012, the plaintiff lent RMB XX to Company A for a Korea-China exchange event in Jeju.At the time of the loan, the plaintiff and Company..
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Case Victory - Claim for Unjust Enrichment of a Promissory Note
K&P Law Firm Wins a Lawsuit on Behalf of Defendant X in a Claim for Unjust Enrichment of a Promissory NoteBelow is a detailed explanation of the unjust enrichment claim. 1. Basic FactsThe plaintiff had planned to construct an art museum in Sabuk-myeon, Chuncheon City, and on March 29, 2012, entered into a contract for the construction of the museum (hereinafter referred to as "the Contract") wit..
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Successful Injunction for Agenda Inclusion Due to Non-compliance with Shareholder Proposal Rights
Law firm K&P has won an injunction for agenda inclusion. Shareholder A of Company X exercised their shareholder proposal right with the agenda item "Dismissal of Director Y". Company X sent out the notice of shareholders' meeting to shareholders without including A's proposed agenda item. In response, law firm K&P applied for and won an injunction to "include the dismissal of Director Y..
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Not Guilty in Trade Secret Leak Case
1. Summary of the Indictment The defendants joined the victim company and worked as team leader and manager in the System Development Team of the Technology Research Institute, responsible for designing automated equipment for smartphone camera modules. They later resigned from the victim company. Subsequently, the defendants joined Company A, where they worked as deputy directors in the Sy..
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