Following informal contact with the Korea Parkour Association on the 30th October, to check on the status of our member National Federation, the President of the Korea Parkour Association – Jiho Kim, confirmed that the that Korea Parkour Association had been dispersed by its members.
In a formal letter received from the Korea Parkour Association on the 7th November 2018, it confirmed that in accordance with their articles of association section 4-18, they held general meeting on 30th September 2018 and the majority of their members agreed to disperse Korea Parkour Association. The formal proceedings required to disperse completed on the 10th October 2018.
Therefore, as set out in our Memorandum & Articles of Association;
- 25.4. Membership shall not be transferable and shall cease in the case of a corporation, society or similar, upon the appointment of a liquidator or receiver (or the equivalent in the jurisdiction of incorporation of the corporation)
- 28.4. A membership terminates automatically on the failure of the member to comply or to continue to comply with any condition of membership set out in these Articles or the Regulations
The Korea Parkour Association no longer hold membership with Parkour Earth.
Parkour Earth will continue to provide information, advice and guidance to the community in Korea and will continue to offer any necessary support required in re-establishing a National Federation to represent its community at a National level.