Can Chey pay out $1B divorce settlement without touching SK stake? hani.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hani.co.kr Daily Mail and Mail on Sunday newspapers.
SK's Chey ordered to pay $1B to estranged wife in 'divorce of the century' hani.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hani.co.kr Daily Mail and Mail on Sunday newspapers.
A South Korean court has ordered SK Group Chairman Chey Tae-won to pay 1.38 trillion won ($1 billion) in property division following a divorce ruling against his estranged wife, Roh Soh-yeong. The decision follows a previous 2022 ruling requiring Chey to transfer 66.5 billion won in cash and 100 million won in alimony.
The Seoul High Court on Thursday ruled in favor of Roh Soh-yeong, the estranged wife of SK Group Chairman Chey Tae-won, in their ongoing divorce settlement, saying that the settlement decided by the lower court was insufficient. The appellate court overturned the initial ruling and ordered Chey to pay 1.38 trillion won ($942 million) in property division and 2 billion won in a one-off alimony payment. It said that th.