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Baedal Minjok Gets $36 Mil. Investment from Goldman Sachs

SEOUL, Nov.28 (Korea Bizwire) – Woowa Brothers Corp., the company providing the “Baedal Minjok(Nation of Delivery)” service with its smartphone app of the same name, has won investment of US$36 million from a consortium led by Goldman Sachs. Lee Jae-hyun, Goldman Sachs’ executive responsible for Korean investment, said that his company wants to be a partner of [...]

Korean Supreme Court Rules in Favor of Goldman Sachs in a Fund Refund Case

SEOUL, Aug. 17 (Korea Bizwire) — In a lawsuit surrounding the retirement pension fund refund, Supreme Court justices ruled in favor of Goldman Sachs against the plaintiff Kyobo Life. The Supreme Court said on August 15 that it allowed the appeals court ruling to stand, saying, “The appeals court’s judgment that Goldman Sachs’ postponement in payments was [...]