Yonhap Infomax NewsSouth Korean legal experts warn that easing criminal breach of trust laws without first introducing a discovery system could leave civil remedies lacking, urging a phased approach and stronger evidence disclosure rules to protect shareholders and ensure corporate accountability.
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Legal Community Warns of Civil Remedy Gaps Amid Calls to Ease Breach of Trust Laws—Discovery System Seen as Prerequisite
South Korean legal experts warn that easing criminal breach of trust laws without first introducing a discovery system could leave civil remedies lacking, urging a phased approach and stronger evidence disclosure rules to protect shareholders and ensure corporate accountability.