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Corporate Governance

Since the Asian financial crisis in 1997, issues relating to corporate governance have been dealt with as one of the most important issues in the Korean corporate field.
 
As an intentional breach of a fiduciary duty in Korea can be subject to criminal punishment, and because the relevant board of directors can potentially be held liable for such breach, it is critical that companies introduce appropriate corporate governance policies. Additionally, disclosure and transparency requirements and the protection of minority shareholders’ rights have become increasingly important issues for businesses in Korea, meaning that corporate governance has emerged as a critical area.
 
Our corporate lawyers can provide advice on the operation of a business in Korea, the formation and responsibility of the boards of directors, financial disclosure and legal compliance requirements, as well as on the interpretation and application of relevant laws. In addition, we actively help our clients facilitate their operations by closely working with their personnel responsible for tax, securities, litigation and M&A related matters.

Representation(s)
  • Representing a case regarding the confirmation of shareholders’ rights to the stock of Moreens and a change in the entries of the shareholders’ registry
  • Representing HJ Life C&D in the case regarding the nullification of issuance of new shares and the disposition to enjoin the effect of the issuance
  • Advising Dream FI on the acquisition of a company
Address: Barun Law Building, 92 gil 7, Teheran-ro, Gangnam-gu, Seoul 06181 Korea
Tel: 82-2-3476-5599   |   Fax: 82-2-3476-5995   |   Email: contact@barunlaw.com
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