On Friday, a South Korean court ruled that SK Group Chairman Choi Tae-won paid 944 billion won to his ex-wife, Russell Young, in a divorce division case. This amount is lower than the previous ruling of 1.38 trillion won, which raised questions about its shareholding in the group's holding company. Earlier, the Supreme Court overturned part of the lower court's ruling on the divorce property division case last year, saying that the funds allegedly provided to the group by Russell Young's father, former President Roh Tae-woo, could not be considered legally protected investment. Both parties can appeal the ruling to the Supreme Court.

Zhitongcaijing · 3d ago
On Friday, a South Korean court ruled that SK Group Chairman Choi Tae-won paid 944 billion won to his ex-wife, Russell Young, in a divorce division case. This amount is lower than the previous ruling of 1.38 trillion won, which raised questions about its shareholding in the group's holding company. Earlier, the Supreme Court overturned part of the lower court's ruling on the divorce property division case last year, saying that the funds allegedly provided to the group by Russell Young's father, former President Roh Tae-woo, could not be considered legally protected investment. Both parties can appeal the ruling to the Supreme Court.