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Commercial Prescription Period Complete Analysis: 5 Years vs 10 Years, Essential Legal Principles for Businesses

By법무법인 케이앤피

Commercial Prescription Period Complete Analysis: 5 Years vs 10 Years, Essential Legal Principles for Businesses Table of Contents Understanding Commercial Prescription Period – Background of the 5-Year Principle Commercial vs Civil Prescription Period Comparative Analysis Commercial Code Article 64 and Related Legal Framework Scope of Application and Criteria for Commercial Prescription Expedited Resolution Principle and…

Unilateral Director Compensation Cuts? Complete Legal Procedures Guide

By법무법인 케이앤피

Unilateral Director Compensation Cuts? Complete Guide to Legal Procedures and Countermeasures Table of Contents 1. Legal Nature of Director Compensation Rights 2. Provisions and Interpretation of Commercial Act Article 388 3. Legal Procedures and Essential Requirements for Compensation Reduction 4. Application and Significance of Contract Law Principles 5. Special Circumstances Where Implied Consent is Established…