Busan High Court Dismisses Appeals on Shareholder Resolution Invalidation Suit; Upheld Lower Court
Busan High Court (Case No. 2025NA6026) dismissed all appeals on May 21, 2026, upholding the first-instance ruling in the lawsuit seeking invalidation of shareholder resolutions
Both plaintiff (Lee O O) and defendant (Castec Korea) appealed, but both were dismissed, bringing the litigation near final resolution
The lawsuit pertains to a management rights dispute; the appellate decision maintains the same conclusion as the first-instance ruling from September 24, 2025
KOSDAQ Filing Information
Filing: Judgment/Decision on Litigation, etc. (Confirmation of Invalidity of Shareholders' Meeting Resolution, etc.)