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| TITLE | Supreme Court Decision 2010Do387 Decided October 14, 2010 [Violation of the Act on the Aggravated Punishment... Violation of the Punishment of Tax Evaders Act, Offer of Bribe] [full Text] |
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| Summary | |
| [1] Whether a representative director holds the status of ""a person administering another's business"" as to ordinary shareholders in the issuance of new shares by a stock company (negative) [2] We affirm the judgment below holding that in respect of the issuance of new shares of the Korea Exchange Bank relating to the sale of the Korea Exchange Bank, President and Vice President are in the business administrator status in relation to the Korea Exchange Bank, but they are not in the business administrator status in relation to preexisting shareholders [3] We affirm the judgment below holding that in respect of the sale of old stocks of the Korea Exchange Bank held by the Korea Export Import Bank and Commerzbank, the director of Financial Policy Bureau of the Ministry of Finance and Economy is in the business administrator status in relation to the Korea Export Import Bank, but not in the business administrator status in relation to Commerzbank [4] We find that the director of Financial Policy Bureau of the Ministry of Finance and Economy was not in the business administrator status in relation to the ... | |
