August 07, 2003 in Social Responsibility News

Other Major Management Issues: Appeal against High Court’s rulings, including the declaration of AGM Decision as invalid

1. Parties involved in lawsuit:
a. Plaintiff – Manchester Securities Corp.
b. Defendant – Samsung Electronics Co., Ltd.

2. Release date of verdict: 8/6/2003

3. Court jurisdiction: Seoul High Court of Justice

4. Purpose of appeal:
- Nullify the original ruling
- Dismiss all plaintiff’s demands
- All lawsuit fees will be paid by the plaintiff
- Given that the original suit demands will be cited:
i. Nullify the original ruling against the possible counteraction
ii. Confirm that the AGM resolution regarding altering the defendant’s articles of association #8 (2/28/97) is invalid
iii. All lawsuit fees will be paid by the plaintiff


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