최신판례분석 : 엘리엇 매니지먼트 대 삼성물산(주) 사건 - 서울고등법원 2015. 7. 16. 2015라20485, 20503 결정 -

최준선1 ( Choi Junesun ) 법조협회 2016 法曹 Vol.65 No.7

이 판례평석의 대상판결은 2015년 한국의 기업계, 언론 및 학계의 비상한 관심을 끌었던 사건이다. 헤지펀드 업계 거물 폴 싱어가 1977년 창립해 현존하는 미국계 헤지펀드인 엘리엇 매니지먼트(Elliott Management Corporation)는 2015년 2월 경 삼성물산(주)의 주식을 대량 취득하고, 삼성물산과 제일모직 간의 합병에 대하여 반대하면서 주주총회 소집통지금지, 결의금지, 이 사건 합병계약서를 승인하는 내용의 결의가 이루어질 경우 그 결의효력정지 및 집행금지 등을 구하는 가처분을 신청하였다. 아울러(주)KCC에 대하여 삼성물산이 소유했던 자기주식의 인수가 무효라는 전제하에 주주총회에서 합병결의를 목적으로 하는 안건에 대하여 주식의 의결권을 행사금지 가처분을 신청하였다. 이 평석은 이 사건에서 노출된 위법행위유지청구권의 요건, 합병비율문제, 자기주식의 처분문제 등을 논의하였다. 대상판결: (1) 서울중앙지방법원 제50민사부 2015. 7. 1. 2015카합80582 결정 및 서울고등법원제40민사부 2015.7. 16. 2015라20485 결정(총회소집통지 및 결의금지 등 가처분)(2) 서울중앙지방법원 제50민사부 2015. 7. 7.자 2015카합80597 결정 및 서울고등법원 제40민사부 2015. 7. 16. 2015라20503 결정 In this comment the writer has analyzed a case tried at the Seoul Central District Court on the merger between Samsung C&T and Samsung Group’s holding company Cheil Industries, which took place in 2015 and has immediately attracted extraordinary attention of the business community, the media and academia in Korea. In this case, the American hedge fund Elliott Management Corporation has tried to deter the merger by applying for an injunction against unlawful act of the directors of the merging corporations. The writer discusses the following as the major issues of this comment: transfer of treasury stock, ratio of the merger, the appraisal right by a shareholder, requirements in obtaining an injunction against unlawful act, etc.

독일(獨逸)의 항공(航空).우인정책(宇寅政策)

최준선,Choi, June-Sun 한국항공우주정책·법학회 1992 한국항공우주정책·법학회지 Vol.4 No.-

바르샤바협약상(協約上) Wilful Misconduct의 개념(槪念)

최준선,Choi, June-Sun 한국항공우주정책·법학회 1994 한국항공우주정책·법학회지 Vol.6 No.-

The concept of 'wilful misconduct" was initally used in article 25 of the Warsaw Convention of 1929. The concept was defined in the Hague Protocol, 1955, as having the following two differing concepts: i) "with the intent to cause damage" and ii) "recklessly and with the knowledge that damage would probably result." The concepts contained in the Hague Protocol were used in various international Conventions on carriage by sea, such as Article 2(e) and Article 3(4) of the Protocol adopted at Brussels on Feb. 23, 1968 to amend the International Convention for the Unification of Certain Rules of Law relating to Bills of Lading, signed at Brussels, Aug. 25, 1929(Hague-Visby Rules), Article 13 of the Athens Convention relating to the Carriage of Passengers and their Luggage by Sea, Dec. 13. 1974, Article 4 of the Convention on Limitation of Liability for Maritime Claims, 1976, Article 8(1) of the U.N. Convention on the Carriage of Goods by Sea, 1978(Hamburg Rules) and Article 21 (1) of the U.N. Convention on International Multimodal Transport of Goods, Geneva, 1980. The same concepts were also adopted in Article 746, 789-2(1), 789-3(2) of the Korean Maritime Commercial Law, revised in 1991. As of yet, the legal system of Korean Private Law recognizes only the concepts of "Vorsatz" and "grobe Nachlassigkeit", as is the case with German Private Law. The problem is that the concepts in the Convention do not coincide precisely with the concepts of "Vorsatz" and "grobe Nachlassigkeit". The author has conducted a comparative analysis of the treatment of the concepts of wilful misconduct and its varied interpretations, that is, "with the intent to cause damage" and "recklessly and with the knowledge that damage would probably result" in the Anglo-American law and in the continental European law in the following manner: 1. Background in which the concept of wilful misconduct was introduced in the Warsaw Convention. 2. The concept of "dol" in French private law. 3. The concepts of "Vorsatz" and "grobe Nachlassigkeit" in Korean private law. 4. Analysis of the concept of wilful misconduct in Anglo-American case law. 5. Analysis of the cases interpreting the concepts of "with intent to cause damage" and "recklessly and with knowledge that damage would probably result" in various jurisdictions. 6. The need to incorporate the concepts of "with the intent to cause damage" and "recklessly and with the knowledge that damage would probably result." 7. Faute inexcusable in French private law. Based upon the comparative analysis, the author points out the difference between the concepts of "wilful misconduct" or "with the intent to cause damage" and "Vorsatz", and between the concepts of "recklessly and with the knowledge that damage would probably result" and "grobe Nachlassigkeit" in the Convention and that of the Korean Private Law system. Additionally, the author emphasizes the importance of the unification in the interpretation of the provisions of the Conventions world wide.

치과공포의 수준 및 Dental Fear Survey 척도의 하위 구성요인과의 관련요인 분석

최준선 ( Jin Seon Choi ),한수진 ( Su Jin Han ),이명주 ( Myeong Ju Lee ),한경순 ( Gyeong Soon Han ) 대한예방치과·구강보건학회 2009 大韓口腔保健學會誌 Vol.33 No.1

商業信用狀의 法的 性質論

崔埈璿(Choi, June-Sun) 전북대학교 법학연구소 1985 法學硏究 Vol.12 No.-

국내 항공운송법 제정안에 관한 고찰

최준선 ( June Sun Choi ) 한국항공우주정책·법학회 2008 한국항공우주정책·법학회지 Vol.23 No.2

The volume of air passengers and cargo transportation has increased rapidly in recent years. This trend will be even more noticeable as the high-tech service industry expands and the globalization progresses. In an effort to reflect and to cope with this trend, many conventions concerning international air transportation have been concluded. The Republic of Korea has also acceded to the Montreal Convention of 1999 on September 20th, 2007 which became effective on December 29th 2007. However, Korea currently does not provide any private law on the liability of domestic air carrier, leaving the regulation wholly to the general conditions of carriage of private air lines. These general conditions of carriage, however, are not sufficient to regulate the liabilities of domestic air carriers, because they cannot be fully recognized as a legitimate source of law applicable in the court. This situation is inconvenient for both air carrier and their customers. Thus, the Ministry of Justice of Korea has decided to enact a law that will regulate domestic air transportation, namely, Domestic Carriage by Air Act, as a part of the Korean Commercial Code. So was composed a special committee for legislation of the Domestic Carriage by Air Act. This writer has led the committee as a chairman. The committee has held in total 10 meetings so far and has completed a draft bill for the part VI of the Korean Commercial Code, Air Carriage. The essentials of the draft are as follows: First, the establishment of Part VI in the Commercial Code. The Korean Commercial Code already includes a series of provisions on road transportation in part II and carriage by sea in part V. In addition to these rules regulating different types of transportation, the Domestic Carriage by Air Act will newly establish part VI to regulate air carriages. Eventually, the Commercial Code will provide an integrated legal system on the transportation industry. Second, the acceptance of the basic liability system which major international conventions, such as Montreal Convention of 1999 and Guadalajara Convention of 1961, have adopted. This is very important, because the law of air carriage is unified worldwide through various international conventions, making it necessary and significant for the new act to achieve conformity between rules of international air carriage and that of domestic air carriage. Third, the acceptance of Rome Convention system on damage caused by foreign aircraft to third parties on the surface. Fourth, the application of rules on domestic road carriage or carriage by sea mutatis mutandis with necessary modifications. This very point is the merit of inserting domestic air transportation law into the Commercial Code. By doing so, the number of articles can be reduced and the rules on air carriage can conform to that of road transportation and carriage by sea. The bill is expected to be passed by the parliament at the end of this year and is expected to be effective by end of July 2009.

상법상 주주총회 결의요건완화를 위한 제언

최준선(Junesun Choi) 한국기업법학회 2013 企業法硏究 Vol.27 No.4

The following is the summary of the writer’s argument. First, the corporate governance structure should be easily changeable by altering the articles of association. With having abolished the quorum, it would be unnecessary to adopt the requirement of satisfying a quorum. The writer believes that there would be no need to follow England’s Companies Act where 2 or more shareholders’ attendance is required, or Delaware General Corporation Law where one-third of the voting rights is required. In case of unlisted companies, we should give positive consideration to adopting the system of skipping the resolution of general meeting of shareholders. If needed, documentary resolution may substitute the resolution of general meeting. Furthermore, once the shadow voting is abolished, the present terms of resolution, that requires consenting votes more than one-fourth of outstanding shares in ordinary resolution and one-third in special resolution, may no longer be maintained. Therefore, the writer believes that, in case of listed companies, it would be most appropriate to require the majority of attended voting rights in ordinary resolution, and two-third of attended voting rights in special resolution. In addition, it would be ideal to enable to alter said requirements by articles of association: in a way that a company may either ease or harshen such requirements in ordinary resolution, and may harshen but may not ease in special resolution. Also, considering the vast increase in the number of minority shareholders, it would be reasonable to dramatically reduce the matters of special resolution of minority shareholders and let those be matters of ordinary resolution. Moreover, a revision of the Article 371 of the Commercial Codes is urgently called for.

會社機會流用禁止理論에 관한 考察

최준선(Choi Junesun) 한국법학원 2006 저스티스 Vol.- No.95

2006년 상법(회사법) 개정시안은 제382조의 5를 신설하여 이른바 “회사기회의 유용금지” 규정을 두고 있다. 회사기회의 유용금지는 회사의 이사 등 수탁자(fiduciary)가 회사의 사업기회를 탈취(usurpation)하여 자기 또는 제3자인 개인을 위하여 유용하는 것을 금지하려는 것이다. 이 규정은 본래 법무부 회사법개정 특별위원회가 국내 학계에서의 연구미진을 이유로 이번 개정에 포함시키지 않기로 결정한 사안이었으나, 최종시안에는 규정되어 입법예고 되었다. 필자는 본고에서 영미법에서 발전된 이 이론의 적용사례와 발전경과를 고찰하였다. 그 결과 이 이론은 우리 상법이 규정하고 있는 이사의 충실의무의 구체적인 표현이며, 이미 우리 상법에서 인정하고 있는 이사의 경업금지의무와 적용요건이 유사함을 발견하였다. 따라서 회사기회의 유용금지라는 새로운 규정을 상법에 명문으로 두지 아니하여도 상법상 이사의 충실의무규정 및 이사의 경업금지의무에 관한 규정의 해석만으로도 충분히 같은 효과를 거둘 수 있다는 것을 밝혔다. 나아가 현재의 개정시안은 회사기회의 유용금지규정의 적용요건으로서 회사의 사업범위 내인지 여부에 대하여 침묵하고 있으며, 이사의 면책요건, 의무위반의 효과, 제척기간 등에 대하여도 아무런 언급이 없어 매우 불완전한 규정이 되고 있음을 지적하였다. 결론은 다음과 같다. 즉, 회사기회 유용금지법리를 우리 상법에 명문으로 도입할 경우, 회사의 이익이 더욱 두터이 보호된다는 긍정적인 효과보다는, 새로운 사업을 추구할 개인의 자유 침해 및 남소의 위험 등 부정적인 효과가 더 크다. 따라서 이 규정을 우리 상법에 명문으로 도입함에는 신중을 기하여야 한다고 본다. 만약에 이 규정을 도입한다고 하더라도 현재의 개정시안에 이사 등의 면책요건, 의무위반의 효과, 제척기간 등을 추가하는 등, 대폭 수정이 불가피하다고 본다.

금융소비자보호원에 대한 소고

최준선(June-Sun Choi),박종림(Jong-Rim Park) 성균관대학교 법학연구소 2012 성균관법학 Vol.24 No.3

While experiencing worldwide financial crisis, each country of the world strengthens the financial system’s reformation and financial consumer protection. In case of America, Consumer Financial Protection Bureau was newly established as a financial supervision system who legalizes Dodd-Frank Wall Reform and Consumer Protection Act 2010 and is in charge of financial consumer protection. England also abolished existing Financial Services Agency, reorganized financial supervision system in the direction that financial supervision function is concentrated to the bank of England and promised to establish Consumer Protection and Markets Authority as an organization of consumer protection and market. In addition to the tendency, our country established the independent organization of financial consumer protection so as to strengthen financial consumer protection. And, in 2011, legislation of several members of Congress was combined and government suggested revision of 「law related to the establishment of financial committee, etc.」. For the main contents of government submission, financial consumer protection bureau was established under the Financial Supervisory Service and it will conduct the duties such as conciliation of conflicts related to finance, treatment of civil complaints related to financial consumer protection, education of financial consumer, investigation and study for improving rights of financial consumer, working support of related institutions such as financial committee, etc. However, the agenda of government shows insufficiencies in the part of independence so that financial consumer protection bureau is recognized simply as the sub-institution of the Financial Supervisory Service. For the appointment of not only executives but also employees, the discussion with the Financial Supervisory Service is necessary. Although financial institution who committed illegal act for financial consumer is exposed, it cannot be controlled for themselves and only right to request control to the Financial Supervisory Service is given. Thus, if financial consumer protection bureau belongs to the Financial Supervisory Service, there is no great difference from the current system of financial supervision. And, it’s a question if it can contribute to the protection of financial consumer actually. As promoted originally, if intending to strengthen the protection of financial consumer, independence of financial consumer protection bureau which will be established must be guaranteed and rights to conduct duties must be given actually. Legislative bills should be continuously supplemented so that financial consumer protection bureau can show the function of financial consumer protection according to the original intention.

국제항공운송협약상 사고의 개념

최준선 ( Jun Sun Choi ) 한국항공우주정책·법학회 2005 한국항공우주정책·법학회지 Vol.20 No.1