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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.

Seoul
Soult-ukpyolsi
South-korea
Gwangju
Kwangju-gwangyoksi
Yulchon
Kyonggi-do
Kumho
Cholla-namdo
Korea
Lee-ko
Shin-kim

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.

Japan
Tokyo
Hong-kong
Yokohama
Kanagawa
Iran
Shenzhen
Guangdong
China
Uzbekistan
Vietnam
Republic-of

Global Sae-A Completes Acquisition of Ssangyong E&C

/PRNewswire/ On 14 October 2022, Global Sae-A signed a Share Purchase Agreement to acquire Ssangyong E&C (Engineering & Construction) ("Ssangyong E&C" or.

Seoul
Soult-ukpyolsi
South-korea
Dubai
Dubayy
United-arab-emirates
Korea
Lee-ko
Investment-corporation-of-dubai
Korea-fair-trade-commission
Valmax-hydrogen-energy
Ssangyong

Andersen Global Cultivates Additional Presence in East Asia with Law Firm of Lee & Ko

Andersen Global Cultivates Additional Presence in East Asia with Law Firm of Lee & Ko
q8dailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from q8dailynews.com Daily Mail and Mail on Sunday newspapers.

South-korea
Lee-ko
Mark-vorsatz
Andersen-tax
Andersen-global
East-asia
Collaboration-agreement
South-korea-founded
Partners-asia-pacific
Partner-hyeong-gun-lee
Andersen-global-chairman

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