SK Group Chairman Chey Tae-won has appealed a fresh court ruling that ordered him to pay 944 billion won, or about $668 million, to former wife Roh Soh-yeong in a property division case, according to Yonhap News Agency. Chey’s side filed the new appeal on Aug. 14 with the Family Division 1 of the Seoul High Court, which is handling the case on remand.
The move comes after South Korea’s Supreme Court overturned the previous ruling in a final appeal in October last year and sent the case back for retrial. Because the retrial followed the Supreme Court’s intent, legal circles cited by Yonhap said the odds of overturning the latest decision appear low. Some observers also said the latest appeal may be aimed at buying time for Chey to prepare the 944 billion won payment to Roh while also avoiding delayed-interest charges.
SK Group Chairman Chey Tae-won has appealed the latest court ruling in his divorce property division case, according to Yonhap News Agency. The ruling ordered him to pay 944 billion won, or about $668 million, to his former wife, Roh Soh-yeong.
Chey’s side submitted the new appeal on Aug. 14 to the Family Division 1 of the Seoul High Court, which is handling the case after it was sent back for retrial.
A new appeal after the retrial ruling
Yonhap said the latest filing challenges the new ruling issued in the remanded case. South Korea’s Supreme Court had already overturned the earlier judgment in a final appeal in October last year and sent the matter back for retrial, and that retrial followed the Supreme Court’s intent.
Legal circles cited by Yonhap said the chance of overturning the retrial result appears low. Some people also said the new appeal may be intended to buy time for Chey to secure the 944 billion won he needs to pay Roh, while also avoiding delayed-interest payments.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
