The Korean government has been ordered to pay $32.03 million to the New York-based hedge fund Mason Capital Management as an international tribunal partially upheld the hedge fund’s $175 million damage suit.
The Seoul Central District Court on Monday acquitted Lee Jae-yong, chairman of Samsung Electronics Co., on charges of breach of trust and accounting fraud to push the merger of two Samsung affiliates.
The Korean government has been ordered to pay up to $108.5 million to U.S. hedge fund Elliott as an international tribunal partially accepted Elliott's $770 million damage claim that a 2015 merger of Samsung C&T and Cheil Industries
Prosecutors raided the offices of Samsung Electronics and a Samsung food catering subsidiary on Monday as part of an ongoing probe into allegations of unfair business practices within the conglomerate, officials said.
Covid-19 has taken a toll on domestic advertising.
Prosecutors on Thursday requested a warrant to detain Samsung’s de facto leader, Lee Jae-yong, in connection with an ongoing criminal investigation of a controversial 2015 merger that cemented his control over the group.
Cheil Worldwide has acquired ColorData, a Chinese data analysis firm, to boost its marketing capabilities, the company said Tuesday.
Prosecutors on Friday questioned Samsung's de facto leader Lee Jae-yong over possible illegalities in a controversial merger of two affiliates in 2015 that cemented his control over the group.
Prosecutors on Tuesday questioned Samsung's de facto leader Lee Jae-yong over possible legal violations in a controversial merger of two affiliates in 2015 that cemented his control over the group.
Prosecutors on Tuesday questioned Samsung's defacto leader Lee Jae-yong over possible legal violations in a controversial merger of two affiliates in 2015 that cemented his control over the group. Lee, vice chairman of Samsung Electronics
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