Record Divorce Settlement: SK Group Power Struggle
Chey’s lawyers said the appeal seeks to limit shareholder impact after a July ruling cut the payout to 944 billion won.
9 Articles
9 Articles
S Korean tycoon appeals divorce ruling
A South Korean tycoon has appealed a court ruling ordering him to pay US$666 million to his former wife in the country’s largest-ever divorce settlement, his lawyers said yesterday.Chey Tae-won, 65, is the chairman of SK Group, which owns world-leading memory chipmaker SK Hynix — a pillar of South K
Chey Tae-won, South Korean boss of SK Hynix, was sentenced in July to pay 566 million euros to his ex-wife in their divorce, called "divorce of the century". His lawyers announced an appeal to the Court...
This judicial battle between the South Korean boss and his ex-wife is particularly interesting since SK Hynix has seen its profits explode in recent months with the boom of artificial intelligence.
(Dan Tri Newspaper) - The South Korean AI chip billionaire has appealed a court ruling requiring him to pay $666 million to his ex-wife in the largest divorce settlement ever in the country.
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