Corporate Attorney | A Case Defending Against a Creditor's Application for Inspection and Copying of Accounting Books at a Passenger Transport Company

The passenger transport company client who came to a corporate attorney sought the attorney's help, stating that the creditor had deceived the client and intended to take the position of representative director.

The client requested an analysis from the attorney's perspective, stating that he had been deceived by the creditor and had been forced to step down from the position of company representative.

In particular, the creditor was said to be carrying out unlawful acts, such as registering his own close associate as an outside director at an extraordinary general meeting of shareholders. The client earnestly asked the corporate attorney to expose the creditor's unlawful conduct.

The client, who was at risk of having management control taken by the creditor, needed the creditor's lawsuit to be dismissed in order to defend management control and prevent the leak of company confidential information.

For the client, who urgently needed the corporate attorney's help, the corporate attorney raised objections to the creditor's lawsuit for inspection and copying of accounting books.

The court accepted the arguments of the Daeryun corporate attorney and ruled, "All of the applications in this case are dismissed. The litigation costs shall be borne by the creditor."

The court gave as its reason for this ruling on the application that there was insufficient proof of the right to be preserved and of the necessity of preservation.

Had this lawsuit instead resulted in a favorable judgment for the creditor, the client's loss would have been severe. After the corporate attorney carefully prepared rebuttal materials against the creditor's arguments and presented its pleadings, the creditor's lawsuit for inspection and copying of accounting books was dismissed.

The corporate client who entrusted us with this case expressed deep trust in our firm, which produced the desired outcome even under a tight schedule, and went on to enter into an ongoing legal advisory contract.

To respond in a timely manner to a provisional injunction application such as the one in this case, please use the 🔗corporate attorney legal consultation booking to schedule a consultation promptly.

Our firm's attorneys are ready to listen to corporate clients 24 hours a day, 365 days a year.