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TITLE | [Damages]Supreme Court Decision 2002Da60467, 60474 Delivered on December 10, 2004 [full Text] |
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Summary | |
[1] Whether a director of a stock company is liable for losses suffered by company when the director has neglected other directors' suspicious handling of company affairs despite their having possibly committed unlawful acts (affirmative) [2] In case where the director is held liable for the company losses, whether an award of damages can be limited in consideration of all the circumstances surrounding the breach of duties (affirmative) |