Urgent.News

What's breaking now, across thousands of outlets.

World

SK Group chairman challenges court's property division in divorce suit with ex-wife

SK Group Chairman Chey Tae-won on Monday is said to be challenging the court's property division in his ongoing suit with his former wife, which set the wife's share at 33 percent of their shared property subject to division. The SK chairman raised the issue in a document submitted to the Supreme Court earlier in the day, as part of his appeal filed in August against the Seoul High Court's…

SK Group chairman challenges court's property division in divorce suit with ex-wife

SK Group Chairman Chey Tae-won has filed an appeal with the Supreme Court challenging the property division ruling from his divorce suit with ex-wife Roh Soh-yeong. The court initially ordered her to receive 33 percent of their shared property, amounting to 944 billion won ($707.8 million). This decision was overturned by the Supreme Court, which sent the case back for retrial a year ago.

The appellate court determined that Roh's alleged 30 billion-won slush fund, provided to SK Group, should not be considered part of the marriage's assets, as it would have been illegal. In his appeal document, Chey disputes the legality of the appellate court's latest decision, arguing against the property division ruling.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

More in World

More from Monday 12 October →