SK Chair Chey ordered to pay ex-wife W944b in divorce asset ruling
A Seoul appellate court on Friday ordered SK Group Chairman Chey Tae-won to pay 944 billion won ($644 million) to his former wife, Roh Soh-yeong, cutting the earlier award by nearly a third while again ruling that his shares in the group's holding company belonged in the marital estate.
The Seoul High Court's family division, presided over by Judge Lee Sang-joo, set Roh's recognized contribution at one-third and Chey's at two-thirds.
That ratio applies to the pool of divisible assets.
It does no
SK Group Chairman Must Pay $644M in Divorce
- Court orders SK chairman Chey to pay $644 mil. in asset division to ex-wife Korea Times —
- Chairman of South Korean tech giant SK ordered to pay $640 million in divorce case ABC News —
- Ex-Wife in South Korea’s ‘Divorce of the Century’ Awarded $645 Million Wall Street Journal —
- Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’ The Independent —
- ‘Divorce of the Century’ Ends With Billionaire’s Huge Payout Daily Beast —