[Corporate Governance] Hannuri Successfully Advises Align Partners in Reaching a Comprehensive Agreement with SoluM for Governance Enhancement and Shareholder Value Maximization

   Writer 한누리    l    Hit 5
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Hannuri Law LLC has achieved a milestone by advising Align Partners Capital Management Inc. in its shareholder activism campaign against SoluM Co., Ltd., resulting in a successful comprehensive agreement for governance enhancement and shareholder value maximization through negotiations with the largest shareholder.


This case is poised to be a leading model for corporate governance reform, as it secured a structural independence of the Board by ensuring independent directors comprise the majority, and established a breakthrough agreement encompassing the transition to a professional management system and the review of a corporate spin-off.


Hannuri has been establishing numerous legal precedents by acting for domestic and international shareholder activism and engagement funds. For this campaign on capital allocation efficiency and governance normalization at SoluM, Hannuri provided Align Partners with comprehensive legal solutions, including: Target Company Analysis, Sharehold Engagement Activities, Shareholder Proposal Strategy, Advisory on Negotiations, and Structural Independence Strengthening for the Board.


Following the significant regulatory shifts brought about by the 2025 Commercial Code Amendment, Hannuri remains committed to spearheading transformative cases in corporate governance and capital markets