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TITLE Supreme Court Decision 2017Da207499 Decided July 18, 2017¡¼Affirmation of Shareholder Rights¡½ [full Text]
Summary
Whether the pledger is required to be a merchant in order for a foreclosure agreement included in a pledge to be valid under Article 59 of the Commercial Act (negative)
Whether Article 59 of the Commercial Act is applicable to pledges established for the purpose of securing claims arising from unilateral commercial activities (affirmative)
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