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TITLE Supreme Court Decision 2012Do1283 Decided June 14, 2012[Violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Embezzlement) [Defendant 1's Alternative Crime... [full Text]
Summary
In a case where a company is acquired under the so-called LBO(Leveraged Buyout) method and the acquired company's assets are provided as security without any value given for it, whether a crime of occupational breach of trust is established(affirmative) and whether the identical legal principle applies to the acquired company undergoing rehabilitation procedure(affirmative)
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