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Dunamu holds ESG management committee meeting

HDC, Mirae Asset lose in $190-million lawsuit over failed Asiana takeover

HDC Hyundai Development Company and Mirae Asset Securities are not entitled to be refunded the combined 250 billion won ($190 million) they had paid previously for their acquisition of Asiana Airlines from its parent company, Kumho E&C, which eventually ended in failure, according to a court ruling, Thursday. The Seoul Central District Court accepted the request from Asiana and Kumho to refuse the refund to HDC and Mirae Asset from the escrow account. The justice also ordered the defendants to pay a combined 1.5 billion won to the plaintiffs in compensation for their breach of contract.

ALB Asia Top 15 IP Lawyers 2022 | Asian Legal Business

This annual ranking spotlights the top 15 IP lawyers across Asia, who have consistently delivered high-quality IP work and set high standards in the IP space, while earning accolades from their colleagues, superiors, and clients.

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