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Press Release [Money Today] [The 4th Korea Legal Awards 2021] First Decision rendered to Nullify Korea Exchange’s Delisting Decision

2021.06.16

On June 16, 2021, Lee & Ko received the ‘Litigation and Arbitration Award at the 4th Korea Legal Awards 2021’ hosted by Money Today.

 

Money Today reported that “Lee & Ko received the Litigation and Arbitration Award for being the first in Korea to obtain the Supreme Court’s decision to nullify the delisting decision made by Korea Exchange (“KRX”)”. Moreover, “the Court held that the principle of proportionality and the principle of equality must be observed in the interpretation and application of listing regulations in consideration of the monopoly status of KRX, the legal nature of listings and delistings, and the legislative purpose of the Capital Market Act”.

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