Barun Technology, Creditor Files Bankruptcy Petition at Seoul Bankruptcy Court
[Asia Economy Reporter Geum Bo-ryeong] Barun Technology announced on the 31st that creditor Song Woo-seop filed for bankruptcy at the Seoul Rehabilitation Court, claiming a damage compensation claim on the grounds that the company should be jointly liable under commercial law for damages caused by the representative's illegal acts in the performance of duties.
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Barun Technology stated, "We have appointed legal representatives and plan to actively respond according to legal procedures."
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