Corporation Laws & Cases of South Korea

Book excerpt: Despite overpopulation and almost no natural resources, South Korea has consistently boasted one of the world's fastest growing economies and is now the sixth largest exporter and ninth largest importer in the world. This book is the first comprehensive resource in English to address the international demand for detailed guidance for lawyers advising investors on conducting business in South Korea. It provides not only a thorough description of Korean corporation law but also in-depth summaries and analyses of over 200 leading cases of the Korean Supreme Court. The author’s fine-grained coverage explains and clarifies the interpretation on all the topics of Korean corporation law, including the following: • types of corporations; • shares, share certificate, register of shareholders; • officers; • auditors; • small-scale corporations; • accounting; • “squeeze-out”; • mergers and organizational change; • limited partnerships and limited liability corporations; • foreign corporations; and • criminal penalties. Each of the cases analyzed has been selected to discuss a commonly occurring contentious issue in South Korea’s corporation law. As more and more international enterprises invest in and work with South Korea, this peerless work, with its unmatched practical information and insight into the key cases affecting South Korean corporation law, proves to be of immeasurable value to lawyers and in-house counsel of transnational corporations. It is also an essential volume for any academic research into matters concerned with investment in that country.