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Press Coverage

Numerous media outlets recognize the expertise of Daeryun Law LLC.
Explore interviews, legal commentary, and columns by Daeryun lawyers.

4 places including Segye Ilbo
2024-12-17
대륜, 美부동산 플랫폼 ‘코리니’와 이민·해외 진출 지원
Daeryun supports immigration and overseas expansion with U.S. real estate platform ‘Korini’
Daeryun Law Firm (Lihan) announced on the 17th that it signed an MOU with Koriny, an American real estate comprehensive platform. The purpose is to provide one-stop services to domestic individuals and corporate customers preparing for immigration, overseas expansion and expansion, from local customized legal advice and consulting at the level of a global law firm to brokerage support such as local real estate leasing and sales. This MOU was signed on the 12th, and both companies plan to increase customer satisfaction by guaranteeing more systematic and professional customized legal advice, consulting, and real estate services to customers through local lawyers and other experts. Korini is a real estate comprehensive solution platform company established in 2017 based in New York, USA. Korini, headquartered at '4 World Trade Center' in Manhattan, New York, provides comprehensive services beyond real estate services such as rental and sales consulting for residential and commercial real estate, and rental services, as well as asset management and support for companies entering the United States. Currently, the service area has expanded to include New York, New Jersey, Boston, LA, Hawaii, and Miami. Through this MOU, Daeryun plans to provide one-stop services, including comprehensive legal consulting, to individuals and companies wishing to enter the U.S. for quick and sure local settlement and stable business operation. First, for individual customers, we provide comprehensive services ranging from immigration preparation to local real estate sales and rental legal consulting. Specifically, we plan to assist with △ consultation on immigration procedures such as visa application qualifications △ legal review of real estate sales and rental contracts in the U.S. △ financial advice such as taxes that may arise after immigration. In addition, we plan to provide premium legal services to companies, including the establishment of overseas corporations, office sales, asset management, and operational support. In detail, we provide assistance with △ review of qualifications and requirements for incorporation △ assistance with office sales contracts in the U.S. △ business regulations and compliance such as U.S. labor laws. Taeyoung Moon, CEO of Korini, said, "I am confident that we will be able to provide greater help to clients who want to enter the U.S. through the MOU with Daeryun, which is leaping beyond Korea to become a global law firm. We will do our best with Daeryun to resolve all legal and practical issues necessary for individuals and companies." Daeryun CEO Kim Kuk-il said, "We are very pleased to be able to provide related legal services and real estate consulting at the same time through the MOU with Korini. We will provide professional and reliable legal services to our customers based on Daeryun's deep understanding of the U.S. market." Meanwhile, Daeryun is preparing to open an office in New York, USA following Tokyo, Japan, and is making inroads into the global legal market.[View full article] Segye Ilbo - Daeryun, support for immigration and overseas expansion with U.S. real estate platform ‘Korini’ (link) Jose Ilbo - Daeryun signs MOU with US real estate platform 'Korini'... One-stop support for immigration and overseas expansion (link) SNN - Daeryun, MOU with US real estate platform ‘Korini’… Customized support for immigration and overseas expansion (link) Venture Square - Daeryun Law Firm signs a business agreement with Korini (Click here)
Segye Ilbo
2024-12-16
법무법인(유한) 대륜, 충남 서산에 42번째 분사무소 개소
Daeryun Law Firm (Limited) opens its 42nd branch office in Seosan, South Chungcheong Province
Daeryun Law Firm (Limited) announced on the 16th that it will open a new branch office in Seosan, South Chungcheong Province and provide customized legal support taking into account regional characteristics. The Seosan branch office is located in Eumnae-dong, the center of Seosan, and has excellent accessibility. In addition, major public institutions such as city hall and police stations are located nearby, making it easy to connect with administrative work. Seosan is an area of ​​great interest in legal disputes related to agriculture, fisheries, and the environment, as it is rich in tidal flat resources and has many special products such as garlic and potatoes. Daeryun announced that it will provide necessary legal support and professional advice on the environment to farmers and fisheries, reflecting these regional characteristics. In addition, as Seosan is home to several industrial complexes, including Techno Valley, there is a high legal demand for industrial accidents and corporate-related lawsuits. Daeryun plans to provide efficient legal services to companies and workers in the Seosan region based on its deep expertise in resolving labor and corporate-related disputes. Specifically, we plan to actively assist in providing labor-management contract advice, resolving labor and personnel-related disputes, legal advice on business operations, and responding to various regulations. In addition, we plan to spare no effort in providing legal assistance to local residents in general criminal cases, divorce, real estate, and civil cases. “Seosan is a region where nature and industry are in harmony, and the fields of legal needs are also very diverse,” said Daeryun Kim Kuk-il, CEO of the business. “Through the opening of this Seosan office, we will provide more prompt and professional legal services to Seosan residents and companies.” He added, “Daeryun will continue to work harder to eliminate legal blind spots by ensuring that high-quality legal services are provided easily and conveniently at the Seoul headquarters level anywhere in the country.”[View full article] Daeryun Law Firm (Limited) opens its 42nd branch office in Seosan, South Chungcheong Province (Go here)
lowrider
2024-12-16
직장내 괴롭힘에 항의시위했다가 명예훼손 피소···‘특정성 없어’ 불기소
Accused of defamation after protesting against harassment in the workplace, indictment not filed due to ‘lack of specificity’
A picket with defamation content in a public place was sued... The police admitted the charge and forwarded it to the prosecution. The prosecutor's office decided not to indict, saying, "There is no personal information on the picket... It is difficult to identify the accuser." Office workers who were accused of defamation after going on a picket protest against the decision on workplace harassment were acquitted by the prosecution. On the 8th of last month, the Cheongju District Prosecutors' Office dismissed the charges against three office workers, including Mr. A, who were forwarded on charges of defamation. It was confirmed that the prosecution was not indicted. They were accused of defaming fellow employee B by holding a picket protest in a public place inside and outside the company in April 2023. At the time, Mr. B was pointed out by these people as a perpetrator of workplace harassment. Mr. B sued the three people for defamation. The reason was that the picket used in the protest contained phrases that could damage their reputation. They denied the charge, saying that the picket did not contain information indicating a specific person. At the same time, the company claimed that at the time, an investigation into another case with similar content was in progress, and that the text on the picket alone did not indicate that the target of the protest was Mr. B. However, the police believed that the charge of defamation was recognized. Considering that related rumors had already spread around the company, the reason was that it was not difficult to determine that the person responsible for the picket text was Mr. B. However, the prosecution's judgment was different. The prosecution decided not to indict, saying, “There are no expressions in the contents of the picket that could reveal the personal information of the complainant or the suspect, or the department they work in,” and “It is difficult for a third party to know that the person in the picket was the complainant just because there were rumors circulating.” Attorney Kim In-won of Daeryun Law Firm (Limited), who defended the suspect, said, “For a charge of defamation to be established, specific facts must be disclosed that are enough to lower social evaluation,” adding, “This case He explained, “It is impossible to establish a charge of defamation because the content of the picket in this case was not a specific fact, but rather an emotional expression complaining about being a victim of bullying in the workplace.”[View full article] Accused of defamation after protesting workplace bullying... not indicted due to ‘lack of specificity’ (link)
2 places including Jose Ilbo
2024-12-13
"K-로펌의 저력 보여줄 것"… 대륜, 해외 사무소 확장 속도 높여
“We will show the power of K-Law Firm”… Daeryun speeds up expansion of overseas offices
Final stage of opening of Japanese office... Work to expand into New York is also in full swing. CEO Kuk-il Kim "We will not rest on our laurels as a large domestic law firm... We will aim for the global market" Due to the stagnation of the domestic legal market, many large law firms are turning their attention to the overseas legal market. Until now, large domestic law firms have mainly operated with offices in Asian countries, but recently, there is a law firm that is moving beyond Asia and is moving to open an office in the United States, attracting attention. Daeryun Law Firm (Managing CEO) Kim Kuk-il and Ko Byeong-jun) announced on the 13th, "We will solidify our position as a large law firm in Korea and begin exploring overseas legal markets beyond the domestic market." Daeryun has the largest number of offices in Korea and has built its own legal service system. Daeryun officials believe that Daeryun's customized system based on its unique technical and service expertise is now at a level that can compete with overseas law firms. In particular, if existing law firms operating overseas have operated overseas offices by helping domestic companies advance overseas, Daeryun has solidified its position as a global law firm through a localization strategy of providing legal services to local companies and citizens of each country as its main customers, and has raised substantial foreign currency profits to become a K-law firm. The plan is to strive to create national interests as a leader. According to a Daeryun official, "I understand that you visited New York last month to hold meetings and look for office positions to recruit local lawyers. Please pay attention to the future steps of Daeryun, which has established a solid position in Korea, as it enters the overseas legal market." “We will promote the expertise of large domestic law firms to the world, which will have a beneficial effect on the domestic legal market,” he said. Daeryun’s goal is not limited to simply establishing an overseas office. Based on a meticulous localization strategy, the plan is to actively help overseas offices generate independent profits and gain an advantage in competition with foreign corporations. Expectations for creating national interests are also high. The plan is to provide high-quality legal services to customers located all over the world, promote the Korean market, and contribute to revitalizing the economy by earning foreign currency. Daeryun plans to actively recruit talent to successfully establish itself in overseas markets. In addition to dispatching domestic lawyers overseas, we are also recruiting local lawyers on a large scale. The plan is to solidify the foundation for legal services through lawyers who are well-versed in local laws as well as legal practices and culture. From now on, we plan to focus on ‘building a system.’ It is a method of implementing legal services provided domestically, such as legal advice, consultation, and litigation services, locally. This is even more meaningful in that Daeryun's special system is applied to provide high-quality legal services to local residents. Daeryun CEO Kim Kuk-il explained, "Currently, law firms' expansion into foreign countries is essentially limited to advising domestic companies. They are unable to turn foreign companies into customers, so they do not earn substantial foreign currency income. We plan to improve our status overseas by improving these issues." He continued, "At a time when global legal demand is growing, we expect to be able to provide legal services in various fields in addition to existing countries. “We are considering opening up markets in various countries,” he said, adding, “Based on this, we will provide the best service to customers who need Daeryun’s legal services in any country, and we will establish ourselves as a law firm that is not inferior to the competition with leading law firms in the global market.”[View full article] Jose Ilbo - “We will show the power of K-Law Firm”… Daeryun speeds up overseas office expansion (Go here) Asia Economy - [Law Firm Now] Daeryun Law Firm, Speed ​​of Expansion of Overseas Offices in Japan, U.S., etc. (Shortcut)
lowrider
2024-12-12
폭언 일삼은 친오빠 흉기로 찌른 40대, 살인미수 혐의···‘집행유예’
A man in his 40s who stabbed his older brother, who repeatedly verbally abused him, was charged with attempted murder... ‘suspended sentence’
Criminal Division 13 of the Seoul Northern District Court “Considered accidental crime, prevention of escalation of damage, attitude of reflection, etc.” A decision was made to sentence a sister indicted to attempted murder by brandishing a weapon during an argument with her older brother, who had been verbally abusive to the family, to probation. The Criminal Division 13 of the Seoul Northern District Court (Presiding Judge Tae-woong Lee, Judge Hyeon-ho Kim, and Jun-hwan Choi) sentenced a woman in her 40s to trial on charges of attempted murder. Mr. A was sentenced to ‘2 years and 6 months in prison with 3 years of probation’ on the 19th of last month. Mr. A was indicted on charges of stabbing his older brother with a weapon during an argument at their home in April 2023. The prosecution determined that Mr. A used the weapon with intent, but was unable to continue the crime as the victim fought back, so they applied for attempted murder. Defendant A admitted to all crimes. However, the victim asked for leniency, saying that he committed the crime without his knowledge due to growing dissatisfaction with the verbal abuse and violence against himself and his family for a long time, and that he did not intend to kill. Criminal Division 13 of the Seoul Northern District Court, which heard this case, said, “Murder is an act of taking a person’s life and is a serious crime that cannot be recovered by any means.” However, the court pointed out, “It appears that the victim committed the crime accidentally while growing dissatisfied with his treatment of his family carelessly,” and added, “We also took into account the fact that the crime was only an attempt, the fact that he acknowledged and reflected on the crime, and the fact that the victim did not want to be punished.” Attorney Kim Cheol of Daeryun Law Firm (Limited), who represented the defendant A in this criminal case, said, “It could have resulted in a person’s life being threatened.” “It was not a light matter,” he said, but added, “It appears that the suspended sentence was given to Mr. A, taking into account the fact that he did not have a similar criminal record and that he took action to prevent the damage from expanding, such as reporting to 119 immediately after the crime so that emergency measures could be taken.”[View full article] A 40-year-old who stabbed her older brother, who had repeatedly verbally abused her, is charged with attempted murder... ‘suspended sentence’ (link)
legal newspaper
2024-12-11
양곤에도 있다, K-로펌 글로벌 행보
Also available in Yangon, K-Law Firm’s global moves
Law firms seeking to pioneer and innovate new markets Korean law firms are turning their attention overseas.. Meanwhile, local offices and desks of Korean law firms have signed business agreements with overseas law firms.(MOU) We are responding to the demand for advice from local companies, focusing on some law firms, beyond supporting Korean companies.. In the legal field, in the global market ‘K-law firm’There is analysis that this position is being consolidated.. A law firm official said: “Going global is no longer an option, but a necessity”He emphasized. Overseas expansion, Essential to strengthen competitiveness 2004year law firm(omitted below) Pacific(Representative Lee Jun-gi)After opening its first overseas office in Beijing, China, today 9large law firm(2023Based on number of Korean lawyers per year)of overseas offices total 43reach the place. 6than a year ago 10With increased numbers, This shows that law firms are quickly moving to overseas markets to find new revenue sources as the growth of the domestic legal market has stagnated.. The representative attorney of a law firm “By opening a local office, you can build an international network by collaborating with local global law firms., It has the advantage of increasing brand trust internationally.”said. There are also mid-sized law firms seeking innovation through overseas expansion.. Sugar Square is currently operating offices in Cambodia and Laos.. Recently, we provided advice on a Laotian company's carbon emissions trading system and are planning to open one in Dallas, Texas.. Daeryun is currently preparing to enter the Japanese office.. Daeryun is seeking cooperation with local law firms with the goal of entering the New York market.. Localization strategy... including consulting for local companies. In the early days of overseas expansion, most law firms had Korean companies as their main clients.. especially ‘outbound(out-bound)’ It was focused on the incident.. Now, the scope of expansion has expanded to meet the demand for advice targeting local companies.. Cheol-woong Kim, lawyer at Sugar Square, “Through localization strategies, we are seeking not only Korean customers but also local companies.”as “Compared to before, requests for advice from local companies are steadily increasing.”said. 8opening 9Operating a branch, Jipyong, which has the largest number of overseas offices among domestic law firms, is also actively responding to local companies.. Jeongcheol(49·31energy) Attorney Jipyeong “Currently, the main customers of overseas offices are Korean companies., In the case of China, there is a lot of demand from local companies and customers and it is gradually increasing.”said. Indonesia, Central and Eastern Europe, etc. Attention Recently, Indonesia and Central and Eastern Europe in particular have been attracting attention as new strategic bases.. Indonesia is the largest consumer market in ASEAN., The entry of small and medium-sized businesses is accelerating as the Ministry of SMEs and Startups opened a Global Business Center in Jakarta this month.. With abundant natural resources and a high proportion of the working-age population, domestic law firms are also actively working to resolve legal and regulatory difficulties for small and medium-sized businesses and startups.. Kim·Jang(Representative politician Gye-seong), square(CEO Kim Sang-gon), Pacific, Sejong(Representative Oh Jong-han)signed a business agreement with the Ministry of SMEs and Startups and signed a business agreement not only in Indonesia but also in Vietnam., Startups are actively expanding overseas, including in Singapore. 9Provide customized legal support free of charge to countries.. Central and Eastern Europe are also rapidly emerging as production bases for global companies.. Visegrad Group, centered in Hungary(Czechia, Slovakia, Poland, Hungary)is actively attracting investment from global companies by boasting low corporate taxes and skilled labor.. Samsung and SK As large domestic companies such as Hungary are investing in Hungary as a key production base in Europe, law firms are also preparing to jump in.. The horizon is 10In January, we opened an office in Hungary and began targeting the Central and Eastern European market.. Yulchon is the only company operating an overseas office in Russia.. Recently, we are considering opening overseas offices in India and Singapore.. Huawoo is the only company operating in Uzbekistan.. The Tashkent office supports domestic companies’ expansion into Central Asia.. Yoon & Yang is considering opening a Singapore office to strengthen legal services in Southeast Asia and the Middle East.. The continent 2022year washington usaDCopened an office in. Additionally, the possibility of opening an overseas office is also being considered.. Gwangjang opened the Eurasian Strategic Research Center last year. CIS(Commonwealth of Independent States) We provide investment consulting to countries.. In addition, the plan is to establish a liaison office in Kazakhstan, open an office in Singapore, and install a local desk in Indonesia.. 5opening 8location(Beijing, Shanghai, Hong Kong, Ho Chi Minh, Hanoi, Yangon, Singapore, Jakarta)Pacific, which operatesTFis being expanded and reorganized.. Collaborating with law firms in the Middle East MENA(Middle East and North Africa) TFWe are exploring new markets by launching. Sejong is UkraineTFWe support domestic companies wishing to enter Ukraine.. India, taiwan, Demand for advice is increasing in countries such as Malaysia, and ways to respond are being sought.. Bareun also plans to accelerate the operation of its Singapore office.. Oh Hee-jeong, a foreign lawyer and representative of the Bareun Singapore representative office, “Demand for advice from startups wishing to enter the ASEAN market is increasing.”as “Since the investment immigration standards were recently changed in Singapore, the demand for investment and migration advice from wealthy individuals in Singapore has increased significantly.”He conveyed the local atmosphere.. Kim & Chang Law Office 5dog(Hong Kong, Ho Chi Minh City, Hanoi, Singapore, Jakarta)We operate overseas offices and local desks.. Considering market conditions, we are considering additional overseas expansion.. [View full article] Also available in Yangon, K-Law Firm’s global activities (link)
Sports Seoul
2024-12-10
성착취물 소지·배포 혐의 받던 남성, 검찰서 ‘불기소 처분’…이유는?
A man suspected of possessing and distributing sexually exploitative material was ‘not indicted’ by the prosecution… Why?
Mr. A is sent on charges of possession and distribution of sexually exploitative material... Prosecutors deny charges of “mixing it with torrent files” Prosecutors say, “It is difficult to recognize sexually exploitative material… there is no intention of possession” No indictment A man in his 40s who was suspected of possessing and distributing sexually exploitative materials about children and adolescents was not indicted by the prosecution. On the 14th of last month, the Eastern Branch of the Busan District Prosecutors' Office decided not to charge Mr. A, in his 40s, who was suspected of violating the Act on Sexual Protection of Children and Adolescents. In January, he was accused of using a torrent program to download about 1,900 files of sexual exploitation of children and adolescents from the so-called ‘N Room incident’ and of possessing and distributing them. The police applied Mr. A to charges of false solicitation based on the fact that information records on folders related to child sexual exploitation were discovered as a result of digital forensics on the SSD storage medium owned by Mr. A and handed over the case to the prosecution. Mr. A completely denied the charges. Before traveling abroad, he downloaded a large amount of movie and drama files through a torrent program, and it was said that illegal footage was mixed in. While checking the list of downloaded files, Mr. A found an executable file suspected to be a virus and immediately deleted all folders. He also emphasized that he was not aware that the materials in question were sexual exploitation materials. He also refuted the charge of distributing sexual exploitation materials. Mr. A argued that the videos in question were simply distributed automatically due to the nature of the torrent program, which is distributed to an unspecified number of people at the same time as downloading. The prosecution decided not to indict Mr. A. This is because each file name of the video received by Mr. A is in alphabetic and numeric format, so it would be difficult to recognize it as sexual exploitation or illegal filming. The prosecution also added, “Due to the nature of the torrent program, we cannot rule out the possibility that files that were not selected by the suspect were also downloaded.” Regarding the related folder information records discovered during the digital forensics process, they explained that it is evidence that the folder was created on the PC and does not serve as evidence that it was viewed. Mr. A’s side Attorney Park Jeong-gu of Daeryun Law Firm (Limited), who acted as legal representative, explained, “Mr. A had no intention of possessing sexually exploitative material at all,” and “During the investigation, no data was found to confirm the circumstances by which Mr. A downloaded the illegally filmed material, and it appears that the prosecution also took this into consideration.”[View full article] A man suspected of possessing and distributing sexually exploitative material was ‘not indicted’ by the prosecution… Why? (Shortcut)
KBC Gwangju Broadcasting
2024-12-10
연인에게 자소서 대필하게 한 40대, 업무방해 '무혐의'
Man in his 40s who had his lover ghostwrite his personal statement was 'not guilty' of obstruction of business.
A man in his 40s who was twice accused of having his lover write a self-introduction on his behalf was cleared of the charges. According to the police on the 10th, the Okcheon Police Station in North Chungcheong Province decided not to forward Mr. A, an employee in his 40s, who was suspected of obstruction of business on the 1st of last month. Mr. A was accused of interfering with recruitment by having Mr. It is known that Mr. A was finally passed in the recruitment process based on the relevant introduction. In relation to this, Mr. A denied all charges, saying that he only asked Mr. B to edit and review the self-introduction. He also claimed that the work experience he entered was not false and was actually the work he was responsible for. The police found that Mr. A was not guilty. It was determined that Mr. A had already written a similar self-introduction before dating Mr. B. The police said, "The self-introduction in question was in the past. “It was not much different from what was written,” he explained, “and the results of the investigation by the relevant agency revealed that it was not written on behalf of him.” The suspicion that he had written a false career history was also found to be untrue. The police said, “As a result of receiving information from the company where Mr. A worked, it was confirmed that he actually performed the work described in his self-introduction.” Mr. B, who first filed a complaint regarding this case, expressed his intention to object to the decision not to forward the complaint. Afterwards, Mr. B gathered evidence and filed the complaint again. However, the police again decided not to forward the case, saying, "There is no new evidence to change the existing decision." Attorney Kim Jin-ju of Daeryun Law Firm (Limited), who represented Mr. He further added, “The work history was the actual work that Mr. A was responsible for, so there was no false information, and Mr. B only helped with some corrections during the writing process, so the crime of obstruction of business was not established.”[View full article] A man in his 40s who had his lover ghostwrite his personal statement was ‘not guilty’ of obstruction of business (Go to the link)
Money Today
2024-12-10
전·월세 보증금 반환, 전입 신고부터 소송·강제 집행까지
From return of deposit for rent and monthly rent, notification of move-in to lawsuit and compulsory execution
Recently, cases of not receiving the deposit for rent or monthly rent are increasing. Looking at the status of real estate applications for lease registration orders posted on the court registration information plaza, the number of applications filed as of October this year is 52,430. This is about 10,000 higher than the 42,278 recorded during the same period last year. A lease registration order is a system that a tenant applies to the court when the deposit is not returned from the landlord even though the contract has ended. Through this, the tenant can maintain the right to recover the deposit and the right to preferential repayment even if he or she moves. In order to avoid being involved in problems related to the return of the deposit, it is necessary to pay attention from the time of signing the contract for the house. After examining the loan and deposit held by the landlord through a copy of the register, etc., it is necessary to determine whether or not the landlord has the ability to return it. After signing the contract, it is better to immediately file a move-in report and apply for a fixed date to obtain priority repayment rights, and sign up for rental guarantee insurance from the Housing and Urban Guarantee Corporation (HUG). If you do not want to renew, you must notify the landlord of your intention to vacate from 6 months to 2 months before the expiration date. At this time, it is important to keep records of phone calls or text messages. In the case of phone calls, it is a good idea to secure a recording of the call, and in the case of text messages, it is best to secure a reply confirming that the landlord has confirmed the contents of the text message. In some cases, a certificate of contents containing the contract expiration date may be sent. If the deposit has not been returned by the end of the contract, you can apply for a lease registration order or, in some cases, take legal action such as a payment order or civil lawsuit. At this time, if you receive help from an expert based on the data obtained earlier, it is possible to proceed with a more favorable lawsuit. In some cases, there are landlords who do not return the money even if you win the lawsuit for the return of the deposit. In this case, the deposit must be recovered by carrying out compulsory execution procedures based on the favorable judgment. The landlord can dispose of the house owned by a real estate auction or continue to return the deposit through bond or movable property seizure. However, because the issues and aspects of each individual case are different, the documents and measures required are also different. Therefore, it is also a good idea to prepare execution procedures based on thorough preparation and strategy with the help of experts.[View full article] From refund of deposit for rent and monthly rent, from moving-in report to lawsuit and compulsory execution (Shortcut)
Money S
2024-12-10
"대표 직인 없어도 계약 유효"… 법원, 거래처에 대금 지급 명령
“The contract is valid even without the representative’s seal”… Court orders payment to business partners
The court issued a payment order to a company that failed to deliver the price of goods while acquiring a supplier through a subsidiary, saying, "As a matter of practice, the representative's seal is omitted, and the signature of an internal employee is also effective." On the 6th of last month, the Cheonan branch of the Daejeon District Court ruled in favor of the plaintiff in a lawsuit claiming the price of goods brought by company A, a delivery company, against company B, an automobile parts sales company. Company A, which had been paying products to company B for a long time, decided to discontinue business in 2022 due to worsening profitability. A subsidiary of Company B, a product procurement company, made a proposal to acquire the company, and Company A responded. During the acquisition process, the head of the purchasing team of Company B wrote a letter of agreement to pay for the goods to Company A. This included a promise to pay for the goods that Company A had been supplying. Even though the acquisition process was completed, a problem arose when Company B did not pay Company A. Company B denied the fact of the contract with Company A. This is because the company they signed the contract with is a subsidiary and there is no reason to pay for the goods to Company A, which was only in charge of consignment production. They also denied the effect of the payment confirmation letter. Company B defended, saying, “The document in question was written personally by an internal employee and cannot be viewed as an official document. Even if it is effective, this part should be deducted because approximately 19 million won has already been transferred to Company A’s corporate bank account.” Company A launched a rebuttal. This is because, in the process of delivering goods over a long period of time, settlement payments have always been received from Company B’s purchasing team. The claim surrounding 19 million won was also not accepted. Company A countered, saying, "At the time Company B remitted the amount, the right to use the bankbook had already been transferred to the subsidiary that acquired Company A, so we never received the money." The court ruled in favor of the plaintiff, stating that Company B must pay Company A approximately 61 million won. The court explained, "It is acknowledged that the two companies have maintained a business relationship for a considerable period of time. As a result, the head of the purchasing team, not the company representative, decided on the settlement amount and promised to pay it." The court said, "Due to this practice, there were no significant objections even if the seal of Company B's representative, etc., was omitted on the confirmation letter. Therefore, it is correct that Company B decided to pay the money." Regarding the deductible amount, Company B did not accept the claim, saying, "Company B sent money despite knowing that Company A's bank account was managed by its subsidiary according to the corporate transfer agreement," and "This cannot be considered fair debt repayment." Attorney Ji Min-hee of Daeryun Law Firm (Limited), who represented Company A, said, "In practice, even if the signature is not directly signed by the CEO but by the head of the purchasing team, it is often considered valid based on transaction practices," adding, "This ruling appears to be a reasonable ruling that appropriately reflects these commercial practices." said.[View full article] “The contract is valid even without the representative’s seal”… Court orders payment to business partners (link)
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