Korean Supreme Court Upholds Damages Against Sungdo ENG in Connection with 2013 SK Hynix China Plant Fire

SEOUL, August 6 (Korea Bizwire) — South Korea’s Supreme Court has ruled that Sungdo ENG, the parent company of Chinese contractor Sungdo Construction, must pay damages — including delayed interest — to a group of Chinese insurers over a 2013 fire at SK Hynix’s semiconductor plant in Wuxi, China. The fire, which broke out in [...]