TITLE	[Repurchase Proceeds]Supreme Court Decision 2001Da67171 Delivered on November 28, 2003 [full Text]
Summary
[1] The method of computing a base price of securities [2] The legal meaning and interpretation of ""other unavoidable grounds,"" stipulated as one of the grounds for repurchase delay in Article 7(4) of the former Act on Business of Securities Investment and Trust [3] A case holding that delaying repurchase is justified where the issuing company of the bonds is confronted with massive claims for repurchase due to inferior quality of its corporate bonds, on the ground that such a situation amounts to a ground for repurchase delay under the former Act on Business of Securities Investment and Trust and the provisions of the Trust Deed of the securities investment trust

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