The law firm Cheongchul's Attorney Kihyeong Bae has conducted an interview with the 'Gyeongbuk Newspaper' regarding 'the lending of names in the construction industry.'
Disputes related to national contracts and construction projects involve various legal elements, making the interests at stake very complicated. In particular, issues related to name lending concerning construction business registration are one of the major points of contention, and legal judgments on this matter can have significant impacts on the parties involved in the contracts. Therefore, there are calls for the assistance of legal experts in the event of related disputes.
In this regard, Attorney Baegihyung from Cheongchul Law Firm stated, "If both the client (contractor) and the subcontractor entered into the contract without knowing that name lending was taking place, it can be considered likely that the name lender will become a party to the contract."u0000
For more details, please refer to the published full interview.
