South Korea Court Orders SK Chief to Pay Huge Divorce Settlement

SEOUL, May 31 (Korea Bizwire) –In a landmark ruling that could upend one of South Korea’s biggest conglomerates, a court has ordered Chey Tae-won, the chairman of the SK Group, to pay his ex-wife a massive 1.38 trillion won as part of their divorce settlement. The staggering sum, among the largest divorce payouts worldwide, is [...]