Court Grants Injunction to Prohibit Sogongyeon Regular General Meeting

Bae Dong-wook, President of the Korea Federation of Small and Medium Business [Photo by Yonhap News]

[Asia Economy Reporter Seongpil Cho] The Small Business Federation (hereinafter referred to as Sogongyeon) has been prohibited from holding its regular general meeting to elect the next president by a court injunction.

According to the legal community on the 7th, the Seoul Central District Court Civil Division 50 (Chief Presiding Judge Song Kyung-geun) accepted an injunction request filed by Sogongyeon President Bae Dong-wook to prohibit the holding of the regular general meeting against Sogongyeon. Accordingly, the regular general meeting of Sogongyeon originally scheduled for the 8th cannot be held. Sogongyeon had planned to elect the next president at this regular general meeting.

Earlier, President Bae became embroiled in controversy last June during a workshop held in Pyeongchang, Gangwon, where he combined drinking with an event inviting a girl group, and was subsequently dismissed at Sogongyeon's extraordinary general meeting in September last year. Afterwards, President Bae filed for suspension of the dismissal order, and the court accepted it, allowing him to retain his position as president.

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