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When courts in the Democratic People’s Republic of Korea (DPRK) may hold a company director personally liable for their actions under the law

In its most recent newsletter, CONSULEGIS International Litigation & Arbitration Specialist Group presented an abbreviated overview of multiple jurisdictions’ legal views on when, based on company law, is a director is personally liable for their actions.

Among the contributors to writing on the topic are five legal advisors from Horizons addressing Indonesia, Mongolia, Korea (DPRK), Russia and China. In this post, we offer the entry on the Democratic People’s Republic of Korea.

Democratic People’s Republic of Korea  (DPRK)
By Roberto Gilardino and Pan Kum Chan

The Damages […]

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When Mongolian courts may hold a company director personally liable for their actions under criminal and civil law

In its forthcoming newsletter, CONSULEGIS International Litigation & Arbitration Specialist Group presents a series of short overviews of various jurisdictions legal views on when, based on company law, is a director personally liable for their actions.

Among the contributors on the topic are five legal advisors from Horizons, addressing Indonesia, Mongolia, Korea (DPRK), Russia and China. In this post, we offer the entry on Mongolia.

MONGOLIA
By Suvd-Erdene Baatar

In Article 47.1 of the Constitution Law of Mongolia, which was adopted 13 January 1992, put into […]

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When Indonesian courts may hold a company director personally liable for their actions under criminal and civil law

In its forthcoming newsletter, CONSULEGIS International Litigation & Arbitration Specialist Group presents a series of short overviews of various jurisdictions legal views on when, based on company law, is a director personally liable for their actions.

Among the contributors on the topic are five legal advisors from Horizons, addressing Indonesia, Mongolia, Korea (DPRK), Russia and China. In this post, we offer the entry on Indonesia.

INDONESIA
By Chika Rananda Astari Putri

Indonesian corporate law recognizes the doctrine of “Piercing the corporate veil”, which Black’s Law Dictionary […]

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