SK chairman appeals $1 billion divorce settlement to Supreme Court
Published: 21 Jun. 2024, 10:53
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- SARAH CHEA
- [email protected]
![SK Group Chairman Chey Tae-won, left, and his estranged wife Roh Soh-yeong attend the Seoul High Court in Seocho District, southern Seoul, on April 16. [NEWS1]](https://koreajoongangdaily.joins.com/data/photo/2024/06/21/add4fa07-f311-41be-b324-bada658c1bac.jpg)
SK Group Chairman Chey Tae-won, left, and his estranged wife Roh Soh-yeong attend the Seoul High Court in Seocho District, southern Seoul, on April 16. [NEWS1]
SK Group Chairman Chey Tae-won has appealed the high court's recent ruling ordering him to pay 1.38 trillion won ($1 billion) in a settlement to his estranged wife, Roh Soh-yeong.
The case has now been handed to the Supreme Court, which will make the final decision.
Chey has argued that there is a “critical error” in the country's most expensive divorce settlement, which could jeopardize his control over Korea's No. 2 conglomerate while gathering the required funds.
Seoul's high court partially corrected the ruling but maintained the settlement amount at 1.38 trillion won as previously ruled.
BY SARAH CHEA [[email protected]]
with the Korea JoongAng Daily
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