Filter by Category




Latest on the sale of Namyang Dairy Products

()

image text translation

(1)Why BUSINESS in Namyang Dairy’s management dispute that went all the way to the law
(2)Sudden braking after the general conclusion came out this summer
(3)Reporter Na Gun-woong Input 20230728 170308 Final Modification 20230804 154032
(4)The fight to find the owner of Namyang Dairy Products, which has been going on for three years, will be longer The management dispute between Namyang Dairy Products Chairman Hong Won-sik and private equity fund PEF management company Hahn & Co. eventually led to a Supreme Court hearing. Originally, it was fast enough to conclude this summer, but the brakes were put on ahead of the final threshold Some observers say that it could be extended from at least one year to up to three years as long as the Supreme Court has entered the hearing

image text translation

(1)In terms of the situation so far, Chairman Hong was completely defeated. Last year’s first trial court said, “The plaintiff won that there was no problem with the sale contract.”
(2)The first trial ruling remained the same in the second trial, which took place after Chairman Hong’s appeal
(3)Chairman Hong’s side also appealed against the outcome of the lawsuit, but many expected that the case would not actually go to the Supreme Court. If there were no special reasons such as a serious violation of the law, the Supreme Court could end the trial by dismissing the appeal

You said you’d sell 52 shares to a private equity fund

Unilateral cancellation

Of course, I was sued

We both lost in the first and second trials

even the grand law

The operating profit margin is no joke

I don’t know why I’m holding onto it, but if anyone knows

How useful was this post?

Click on a star to rate it!

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

Leave a Comment