[Legal Advice] Restraining Order Application Legal Advice

Law firm Veat handled the response regarding the case where a client who previously worked as an asset manager filed a restraining order against the company and its representative director, etc., for acts of negative expression.

Law firm Veat analyzed the restraining order request and argued that the client’s words and actions towards the company’s asset manager and employees did not constitute an act of obstructing the company’s business or damaging its credit, and that there was no evidence of any damages or potential damages to the company resulting from the client’s actions. The court accepted this argument and dismissed the creditor’s restraining order request, finding that there was no justification for the protective rights or need for preservation.

Given that the restraining order application also carries the risk of criminal charges such as obstruction of business resulting in a potential sentence of imprisonment for up to 5 years or a fine of up to 15 million won, we strongly recommend consulting with a lawyer and taking appropriate action based on the practical situation.

Law firm Veat provides immediate and appropriate legal response and professional legal advice based on its experience advising a wide range of companies. If you need legal advice because of damages or complaints resulting from obstruction of business, please contact Law firm Veat.

Thank you.

Law firm Veat.