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TITLE Supreme Court en banc Decision 2019Da277812 Decided July 22, 2021 ¡¼Lawsuit Claiming for Confirmation of Invalidation of Insurance Contract, etc.¡½ [full Text]
Summary
¡¼Main Issue and Holding¡½ In a case where an insurance contract concluded by an insurance policyholder to illegally obtain insurance money through multiple contracts is null and void according to Article 103 of the Civil Act, whether a statute of limitations of five years for commercial claims applies by applying mutatis mutandis Article 64 of the Commercial Act to the right to file a claim for restitution of unjust enrichment of insurance money (affirmative)
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