Search results for Seoul High Court
General News
Choi Tae-won appeals ruling to pay 944 billion won in property division
SK Group Chairman Choi Tae-won (최태원) filed an appeal against an appellate ruling ordering him to pay 944 billion won in property division to Noh Soh-young (노소영), director of Art Center Nabi. SK Supex Council said this in a statement issued in the name of his legal representatives. The appeal was filed three weeks after the Seoul High Court ruling on July 24. The case will return to the Supreme Court for review.
Industry
Court orders SK Group chairman Choi Tae-won to pay Roh So-young 944 billion won in asset division
A Seoul appeals court ordered SK Group Chairman Choi Tae-won to pay 944 billion won to Roh So-young, director of Art Center Nabi, in an asset division ruling. The amount is more than 400 billion won lower than the 1.38 trillion won set by an earlier appeal court. The court included Choi’s SK Inc stake in the assets. The dispute has centred on whether the shares were divisible and which date to use for valuation.
Telecommunications & Media
SKT 5G exaggerated advertising 16.83 billion won fine cancelled; court says amount miscalculated
SK Telecom partially won a first-instance administrative lawsuit challenging South Korea\'s antitrust regulator over sanctions for exaggerated 5G speed advertising. The Seoul High Court ruled the ads were false or exaggerated, deceptive and likely to mislead consumers, and found the conduct illegal. But it said the Fair Trade Commission miscalculated the violation period, causing errors in the revenue base used to compute the penalty, and cancelled the 16.83 billion won fine.
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Games & Commerce
Court suspends KFTC designation of Coupang chairman Kim Bum-seok as controlling shareholder
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Telecommunications & Media
Unification TV restores PP status as Broadcast Media Telecommunications Commission drops appeal
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General News
Kyochon F&B indicted over cutting cooking oil distribution margin to zero
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Finance
Shinhan Bank recommends Yoon Joon and Chae Eun-mi as new outside director candidates
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Games & Commerce
NCSoft loses appeal in copyright suit against Kakao Games over ArcheAge War
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Crypto
Bithumb former chief gets suspended prison term on appeal over alleged listing kickbacks
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Telecommunications & Media
Broadcast Media Telecommunications Commission drops appeal over Kweon Tae-seon dismissal
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Games & Commerce
Supreme Court says Naver video search penalty must be fully cancelled