What should I do if I'm sued in a corporate lawsuit due to a product defect?

If product liability is recognized, punitive damages can be claimed, so it can lead to a corporate lawsuit.

If the manufacturer knew of the defect of the product but did not take necessary measures regarding the defect and caused serious harm to life or body, a corporate lawsuit can be filed.

In this case, you may bear liability for damages within a range not exceeding 3 times the damage to the victim.

The accurate calculation of compensation amount applies, among others, the following criteria:

▶ Degree of intent

▶ Degree of damage caused by the defect of the product

▶ Economic benefit acquired by the manufacturer through the supply of the product

▶ Where the manufacturer received criminal punishment or administrative disposition due to the defect of the product, the degree of such criminal punishment or administrative disposition

▶ Period and scale of the supply of the product

▶ Property status of the manufacturer

▶ Degree of effort by the manufacturer to remedy the harm

However, when the victim cannot identify the manufacturer, the supplier who sold or leased the product for commercial purposes may be sued in a corporate lawsuit and have to compensate for the damages.

If a damage compensation lawsuit is filed, clarifying the causal relationship with the damage through a clear burden of proof process can become an issue.

To respond appropriately to this process, it is good to seek advice from a specialist attorney with expertise in the relevant field and respond strategically.