K&P Law Firm - Incheon, South Korea

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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.. 더보기
• 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.. 더보기
• 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.. 더보기
• 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.. 더보기
• 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.. 더보기
• Developers of Auxiliary App for Delivery Riders' Convenience Acquitted in Both First Instance and Appeal K&P Law Firm successfully defended app developers who created and distributed an auxiliary application to enhance the usability of delivery apps used by riders. The defendants were acquitted in both the first instance and appellate courts.   Indictment Summary:   The victim company, R Corp., developed and operated an application called "Live As Is" for food delivery services. The app distributes.. 더보기
• K&P Law Firm Provides Legal Counsel for Lead Agency Agreement for YouTube FanFest Korea 2024 K&P Law Firm provided legal counsel for the lead agency agreement concerning YouTube FanFest Korea 2024. https://www.youtube.com/@YouTubeFanfest/featured YouTube Fanfest#YTFF is a community for fans and creators – uniting the two online, offline and everywhere in between. YouTube Fanfest is back and coming to a screen near you.www.youtube.com K&P Law Firm advised on all aspects of the contract b.. 더보기
• Case of Returning CEO's Salary and Corporate Card Usage to the Company Through a Shareholder Derivative Suit K&P Law Firm successfully represented shareholder X of Company A in a lawsuit that compelled CEO Y to return all compensation (including monthly salary, bonuses, and all other forms) and corporate card usage amounts to Company A.   Additionally, Z, who was the auditor of Company A, was held jointly liable and ordered to return Y's compensation to Company A in solidarity with Y.   1. Case Overvie.. 더보기