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    영미법상 신인의무 법리와 이사의 지위 = Fiduciary Law and Status of Directors

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    https://www.riss.kr/link?id=A76489080

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    다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

      This Article reviews the fiduciary relationship in Anglo-American law and directors’ status in corporation to provide helpful insights for Korean law and practice. While the fiduciary relationship has been a part of Anglo-American jurisprudence for over 250 years, the exact contours of the concept have remained elusive. The fiduciary duties applicable to corporate directors, however, are well developed and revolve essentially around the core fiduciary obligation of loyalty. Part Ⅱ examines the origin and development of general fiduciary law, including historical background, general principles, and general justification for fiduciary duty. It can be said that a fiduciary relationship exists between two persons when one of them is under a duty to act for or to give advice for the benefit of another upon matters within the scope of the relation. Part Ⅲ addresses fiduciary issues in corporate law, including who is a corporate fiduciary, who are beneficiaries, and directors’ status in corporation. Given that typically directors have all powers of management over the corporation and its assets, directors are indisputably fiduciaries. The relationship between directors and corporation, however, is a unique one that cannot be analyzed by reference to other types of fiduciary relationships. Based on the analysis of the foregoing discussion, Part Ⅳ examines the issue of introducing fiduciary duty of loyalty into the Korean Commercial Code.
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      This Article reviews the fiduciary relationship in Anglo-American law and directors’ status in corporation to provide helpful insights for Korean law and practice. While the fiduciary relationship has been a part of Anglo-American jurisp...

      This Article reviews the fiduciary relationship in Anglo-American law and directors’ status in corporation to provide helpful insights for Korean law and practice. While the fiduciary relationship has been a part of Anglo-American jurisprudence for over 250 years, the exact contours of the concept have remained elusive. The fiduciary duties applicable to corporate directors, however, are well developed and revolve essentially around the core fiduciary obligation of loyalty. Part Ⅱ examines the origin and development of general fiduciary law, including historical background, general principles, and general justification for fiduciary duty. It can be said that a fiduciary relationship exists between two persons when one of them is under a duty to act for or to give advice for the benefit of another upon matters within the scope of the relation. Part Ⅲ addresses fiduciary issues in corporate law, including who is a corporate fiduciary, who are beneficiaries, and directors’ status in corporation. Given that typically directors have all powers of management over the corporation and its assets, directors are indisputably fiduciaries. The relationship between directors and corporation, however, is a unique one that cannot be analyzed by reference to other types of fiduciary relationships. Based on the analysis of the foregoing discussion, Part Ⅳ examines the issue of introducing fiduciary duty of loyalty into the Korean Commercial Code.

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    목차 (Table of Contents)

    • Ⅰ. 머리말
      Ⅱ. 신인의무 일반론
      Ⅲ. 회사법과 신인의무
      Ⅳ. 검토 및 시사점
      Ⅴ. 맺음말
      【참고문헌】
      [Abstract]
    • Ⅰ. 머리말
      Ⅱ. 신인의무 일반론
      Ⅲ. 회사법과 신인의무
      Ⅳ. 검토 및 시사점
      Ⅴ. 맺음말
      【참고문헌】
      [Abstract]
    더보기

    참고문헌 (Reference)

    1 정찬형, "회사법강의 제3판" 박영사 2003

    2 이철송, "회사법강의 제15판" 박영사 2008

    3 김병연, "이사의 충실의무와 영미법상 신인의무" 24 (24): 2005

    4 임중호, "이사의 충실의무론" 6 (6): 1999

    5 이중기, "이사, 상업사용인의 회사기회유용과 경업금지의무 위반: 이사, 상업사용인의 충실의무위반에 대한 개입권의 행사가능성을 중심으로" 8 (8): 2007

    6 남복현, "우리 헌법재판제도의 구조와 법정책적인 기능" 1 : 2001

    7 최기원, "신회사법론" 박영사 1999

    8 최동식, "신탁법상 신탁재산, 수탁자, 수익자의 지위에 관한 연구" 한양대학교 대학원 2006

    9 손주찬, "상법(상) 제11정증보판" 박영사 2001

    10 권순희, "상법 개정안 제389조 제3항(회사기회의 유용금지)에 관한 이론적 검토" 26 (26):

    1 정찬형, "회사법강의 제3판" 박영사 2003

    2 이철송, "회사법강의 제15판" 박영사 2008

    3 김병연, "이사의 충실의무와 영미법상 신인의무" 24 (24): 2005

    4 임중호, "이사의 충실의무론" 6 (6): 1999

    5 이중기, "이사, 상업사용인의 회사기회유용과 경업금지의무 위반: 이사, 상업사용인의 충실의무위반에 대한 개입권의 행사가능성을 중심으로" 8 (8): 2007

    6 남복현, "우리 헌법재판제도의 구조와 법정책적인 기능" 1 : 2001

    7 최기원, "신회사법론" 박영사 1999

    8 최동식, "신탁법상 신탁재산, 수탁자, 수익자의 지위에 관한 연구" 한양대학교 대학원 2006

    9 손주찬, "상법(상) 제11정증보판" 박영사 2001

    10 권순희, "상법 개정안 제389조 제3항(회사기회의 유용금지)에 관한 이론적 검토" 26 (26):

    11 김문환, "미국법연구(Ⅰ)" 국민대학교출판부 1995

    12 Sommer, A.A. Jr., "Whom Should the Corporation Serve? The Berle-Dodd Debate Revisited Sixty Years Later, 16 Del. J. Corp. L. 33"

    13 Jones, Gareth H, "Unjust Enrichment and the Fiduciary’s Duty of Loyalty, 84 Law Q. Rev. 472"

    14 Stoljar, Samuel, "Unjust Enrichment and Unjust Sacrifice, 50 Mod. L. Rev. 603"

    15 Shepherd, J.C., "Towards a Unified Concept of Fiduciary Relationships, 97 L.Q. L. Rev. 51"

    16 Frost, Christopher W., "The Theory, Reality and Pragmatism of Corporate Governance in Bankruptcy Reorganizations, 72 Am. Bankr. L.J. 103"

    17 Scott, Kenneth E, "The Role of Preconceptions in Policy Analysis in Law: A Response to Fischel and Bradley, 71 Cornell L. Rev. 299"

    18 Fischel, Daniel R, "The Role of Liability Rules and the Derivative Suit in Corporate Law: A Theoretical and Empirical Analysis, 71 Cornell L. Rev. 261"

    19 Wallman, Steven M.H, "The Proper Interpretation of Corporate Constituency Statutes and Formulation of Director Duties, 21 Stetson L. Rev. 163"

    20 Hamilton, Robert W, "The Law of Corporations in a nutshell, 3rd ed"

    21 Haire, M. Brett, "The Fiduciary Responsibilities of Investment Bankers in Change-of-Control Transactions: In re Daisy Systems Corp., 55 Bus. Law. 883"

    22 Cooter, Robert, "The Fiduciary Relationship: Its Economic Character and Legal Consequences, 66 N.Y.U. L. Rev. 1045"

    23 Scott, Austin W, "The Fiduciary Principle, 37 Cal. L. Rev. 539"

    24 Mitchell, Lawrence E, "The Fairness Rights of Corporate Bondholders, 65 N.Y.U.L. Rev. 1165"

    25 Smith, Thomas A, "The Efficient Norm For Corporate Law: A Neotraditional Interpretation of Fiduciary Duty, 98 Mich. L. Rev. 214"

    26 Flannigan, Robert, "The Economics of Fiduciary Accountability, 32 Del. J. Corp. L. 393"

    27 Langbein, John H., "The Contractarian Basis of the Law of Trusts, 105 Yale L.J. 625"

    28 Block, Dennis J, "The Business Judgment Rule, Fiduciary Duties of Corporate Directors, 5th ed"

    29 Sealy, L.S, "Some Principles of Fiduciary Obligation, 1963 Cambridge L.J. 119"

    30 Black, Bernard S., "Shareholder Passivity Reexamined, 89 Mich. L. Rev. 520"

    31 Ellis, Robert Dean, "Securitization Vehicles, Fiduciary Duties, and Bondholders’ Rights, 24 J. Corp. L. 295"

    32 Rock, Edward S, "Saints and Sinners: How Does Delaware Law Work?, 44 UCLA L. Rev. 1009"

    33 Schwarcz, Steven L, "Rethinking a Corporation’s Obligation to Creditors, 17 Cardozo L. Rev. 647"

    34 Palmiter, Alan R, "Reshaping the Corporate Fiduciary Model: A Director’s Duty of Independence, 67 Tex. L. Rev. 1351"

    35 Gilson, Ronald J, "Reinventing the Outside Director: An Agenda for Institutional Investors, 43 Stan. L. Rev. 863"

    36 Gilles, Susan M, "Promises Betrayed: Breach of Confidence as a Remedy for Invasions of Privacy, 43 Buff. L. Rev. 1"

    37 Phillips, David M, "Principals of Corporate Governance, 52 Geo. Wash. L. Rev. 653"

    38 Butler, Henry N, "Opting Out of Fiduciary Duties: A Response to Anti-Contractarians, 65 Wash. L. Rev. 1"

    39 Johnson, William F, "Mills Acquisition Co. v. Macmillan, Inc.: Corporate Auctions Now Require Sharper Supervision by Directors, 39 Am. U. L. Rev. 721"

    40 Henn, Harry G, "Laws of Corporations and Other Business Enterprises, 3d ed"

    41 Shepherd, J.C, "Law of Fiduciaries" Carswell 1981

    42 Brodsky, Edward, "Law of Corporate Officers and Directors: Rights, Duties and Liabilities"

    43 Singer, Joseph William, "Jobs and Justice: Rethinking the Stakeholder Debate, 43 U. Toronto L.J. 475"

    44 Dooley, Michael P, "Fundamentals of Corporation Law" Foundation Press 1995

    45 Dalley, Paula J., "From Horse Trading to Insider Trading: The Historical Antecedents of the Insider Trading Debate, 39 Wm. & Mary L. Rev. 1289"

    46 Berle, Adolph, "For Whom Corporate Managers Are Trustees, 45 Harv. L. Rev. 1365"

    47 Dodd, E. Merrick Jr., "For Whom Are Corporate Managers Trustees?, 45 Harv. L. Rev. 1145"

    48 Wade, Cheryl L, "For Profit Corporations that Perform Public Functions: Politics, Profit, and Poverty, 51 Rutgers L. Rev. 323"

    49 Kaplan, Stanley A, "Fiduciary Responsibility in the Management of the Corporation, 31 Bus. Law. 883"

    50 Sealy, L.S, "Fiduciary Relationships, 1962 Cambridge L.J. 69"

    51 Finn, P., "Fiduciary Obligations, 2d ed" Sydney: Law Book Co. 1977

    52 Frankel, Tamar, "Fiduciary Law, 71 Cal. L. Rev. 795"

    53 Brudney, Victor, "Fiduciary Ideology in Transactions Affecting Corporate Control, 65 Mich. L. Rev. 259"

    54 Bebchuk, Lucian Arye, "Federalism and the Corporation: The Desirable Limits on State Competition in Corporate Law, 105 Harv. L. Rev. 1435"

    55 Ribstein, Larry E., "Edited Transcript of Proceedings of the Business Roundtable/Emory University Law and Economics Center Conference on Remedies Under the ALI Proposals: Law and Economics, 71 Cornell L. Rev. 357"

    56 Easterbrook, Frank H, "Economic Structure of Corporate Law" Harvard University Press 1991

    57 Ruder, David S, "Duty of Loyalty - A Law Professor’s Status Report, 40 Bus. Law. 1383"

    58 DeMott, Deborah A., "Down the Rabbit Hole and Into the Nineties: Issues of Accountability in the Wake of Eighties-Style Transactions in Control, 61 Geo. Wash. L. Rev. 1130"

    59 Clark, Robert C., "Corporate Law" Little, Brown 1986

    60 Easterbrook, Frank H, "Corporate Control Transactions, 91 Yale L.J. 698"

    61 Brudney, Victor, "Contract and Fiduciary Duty in Corporate Law, 38 B.C. L. Rev. 595"

    62 Ferran, Eilis, "Company Law and Corporate Finance" Oxford University Press 1999

    63 Hannigan, Brenda, "Company Law" Oxford University Press 2003

    64 Millon, David, "Communitarians, Contractarians, and the Crisis in Corporate Law, 50 Wash. & Lee L. Rev. 1373"

    65 Gross, Steven R, "Collier Business Workout Guide"

    66 Cary, William L, "Cases and Materials on Corporations, 7th ed"

    67 DeMott, Deborah A, "Beyond Metaphor: An Analysis of Fiduciary Obligation, 1988 Duke L.J. 879"

    68 Branson, Douglas M., "Assault on Another Citadel: Attempts to Curtail the Fiduciary Standard of Loyalty Applicable to Corporate Directors, 56 Fordham L. Rev. 375"

    69 Hart, Oliver, "An Economist’s View of Fiduciary Duty, 43 U. Toronto L.J. 299"

    70 Mitchell, Lawrence E., "A Theoretical and Practical Framework for Enforcing Corporate Constituency Statutes, 70 Texas L. Rev. 579"

    71 Blair, Margaret M, "A Team Production Theory of Corporate Law, 85. Va. L. Rev. 247"

    72 Palm, Craig W, "A Primer on the Basics of Directors’ Duties In Delaware: The Rules of the Game (Part I), 40 Vill. L. Rev. 1297"

    73 Campbell, Rutheford B. Jr., "A Positive Analysis of the Common Law of Corporate Fiduciary Duties, 84 Kent L.J. 455"

    74 Conard, Alfred F., "A Behavioral Analysis of Directors’ Liability for Negligence, 1972 Duke L.J. 895"

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