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Chiefs of Samsung, SK, LG entangled in legal risks

Uncertainties are weighing on Korea s top conglomerates - Samsung, SK and LG - as their owners have all become entangled in legal problems, which industry officials and experts say could hamper the future plans and major decisions of the respective groups, citing the U.S.-China power tussle, Russia-Ukraine war and pandemic-driven supply chain issues.

Dispute over stock inheritance erupts at LG

Koo Kwang-mo, chairman of LG Group, Korea s fourth-largest conglomerate, has been embroiled in an inheritance dispute over the ownership of late Chairman Koo Bon-moo s shares.Industry experts said Monday that the dispute erupted even though LG has traditionally handed over power to the chairman s eldest son.

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