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Kumho Asiana Chief Offers Revised Proposal in Brand Dispute Over Kumho Tire

Kumho Asiana Chief Offers Revised Proposal in Brand Dispute Over Kumho Tire

SEOUL, Aug. 30 (Korea Bizwire) — The chairman of Kumho Asiana Group, parent of Kumho Tire Co., on Wednesday submitted a revised proposal to creditors over the use of the tiremaker’s brand, an industry source said Wednesday. The revised proposal by Kumho Asiana Chairman Park Sam-koo came as the creditors, led by state-run Korea Development [...]

Creditors of Kumho Offer Final Concessions to Resolve Brand Dispute with China’s Doublestar

Creditors of Kumho Offer Final Concessions to Resolve Brand Dispute with China’s Doublestar

SEOUL, July 7 (Korea Bizwire) – Creditors of Kumho Tire Co. on Friday decided to offer final concessions to resolve a dispute surrounding the usage fee of the Kumho brand between the tiremaker’s parent company and China’s Qingdao Doublestar Co. The concessions came after a meeting earlier in the day with Kumho Tire’s creditors, which [...]