Interview with Partner Lawyer An Il-un, regarding a personal joint liability lawsuit against the founder of Shinhan Capital.
Article posted in 2024-11-15 18:09:43 | VEAT
Law firm Veat, attorney Il-woon An, conducted an interview regarding the personal joint liability lawsuit against the founder of Shinhan Capital, which has emerged as a major topic in the startup investment industry and has been covered by several major media outlets.
Key Issues and Points of Dispute in the Personal Joint Liability Lawsuit against the Founder of Shinhan Capital
1) Whether an investor can request repayment of investment funds in the form of convertible preferred stock and return shares to the investee company.
2) Whether a representative, as a stakeholder, must bear the responsibility jointly with the company.
Attorney Il-woon An explained, from the perspective of a legal expert in startup investment, the obligations of repayment, the possibility of interpreting put options, and the timing of recovery, regarding the key issues and points of dispute in this interview. Please refer to the article below for the full interview content.
https://outstanding.kr/urban20241115
Attorney Il-woon An has been appointed to the Korea Startup Forum Startup Legal Support Team and is providing professional legal advice, as well as preparing proposals for legal system analysis and policy improvements, and providing rapid support in the event of legal disputes. He is also active as a legal mentor attorney for the Ministry of Science and ICT ICT startup and a startup legal advisory team attorney for the Ministry of SMEs and Startups, providing legal advice based on high expertise in ‘investment’ and ‘startup’.
Law firm Veat has been selected as a finalist in four categories, including Korea Law Firm of the Year, Boutique Law Firm of the Year, Managing Partner of the Year (Boutique Firm), and Korea Deal Firm of the Year, at the "ALB Korea Law Award 2024" hosted by Asian Legal Business (ALB), demonstrating high expertise.
If you need legal advice related to investment and startups, please feel free to contact Law firm Veat.
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