All
| TITLE | 【Syllabus of Latest Opinion】 Supreme Court Decision 2022Da288836, 288843 Decided April 3, 2025 【Contract Price】 [full Text] |
|---|---|
| Summary | |
| 【Main Issues and Holdings】 Scope of the application of the main text of Article 16 of the former Act on Private International Law, which stipulates the applicable law that governs corporations Whether the applicable law of the establishment of a corporation should be followed with regard to the determination of whether members of a corporation hold liability for creditors of the corporation and, if so, the scope thereof (affirmative) In a case where an individual having a relationship involving claims and debts with a corporation refuses to admit the separation of legal personhood between the related entities, namely, between a corporation and its members, and makes inquiries against the related entities, including members of the corporation, with regard to the liability for the debts of the corporation, whether the applicable law of the establishment of a corporation should be followed, which states the separation of legal personhood between a corporation and its members, and the requirements thereof (affirmative in principle) | |
