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SK Group Chair Ordered to Pay $1 Billion in Record Divorce Settlement

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Source: BBC.com
SK Group Chair Ordered to Pay $1 Billion in Record Divorce Settlement
Photo: BBC.com
TL;DR Summary

South Korean tycoon Chey Tae-won has been ordered to pay his ex-wife Roh So-young $1 billion in the country's largest ever divorce settlement. The Seoul High Court ruled that Roh was entitled to a portion of Chey's company shares, overturning a lower court's decision. Chey's lawyers plan to appeal the ruling.

Topics:business#businesslegal#chey-tae-won#divorce-settlement#roh-so-young#sk-group#south-korea
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  1. S Korea tycoon Chey Tae-won to pay $1bn in record divorce ruling  BBC.com
  2. South Korea court orders SK Group boss to pay a record $1 billion divorce settlement  CBS News
  3. South Korean tech conglomerate SK Inc. surges 16% after chair's $1 billion divorce settlement  CNBC
  4. Tycoon’s Record Divorce Bill Fuels Bets He’ll Boost Stock to Pay  Bloomberg
  5. Court orders SK chief to pay W1.4tr in divorce settlement  The Korea Herald

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