Legal Review of Preemptive Right Contract for Startups

Cha & Kwon reviewed a preemptive right contract in the form of which the startup issues new stocks and startup’s investors pay investments. Because preemptive right contracts are used as a form of investment contracts generally used when startups invite investors, setting each role and right of the founder, investor, and existing shareholders clearly is important.

Cha & Kwon is providing advisory services and solutions to startups’ legal issues.