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#Chaebol
NOS Jul 24

Zuid-Korea heeft vonnis gewezen in de 'echtscheiding van de eeuw' tussen Chey Tae-won en Roh Soh-yeong, waarbij de rechter beslist dat Roh recht heeft op ongeveer 570 miljoen euro vanwege haar vermeende bijdrage aan het succes van de SK Group, wat ook nieuw debat oproept over de invloed van chaebols op de politiek en economie van het land. #echtscheiding #ZuidKorea #chaebols

Miljoenenuitspraak in Zuid-Koreaanse 'echtscheiding van de eeuw'

In June 2020, during a financial review meeting at her home, Kim Young-shik and her daughter confronted LG executives about the division of their family's substantial LG shares following the death of her husband, Koo Bon-moo, and recorded their discussions, which revealed potential illegal activities involving nominee shareholding that resulted in a lawsuit alleging unfair inheritance practices and tax evasion against LG's current chairman, Koo Kwang-mo, amid a backdrop of familial loyalty and corporate secrecy within South Korea's chaebol system. #CorporateGovernance #InheritanceRights #Chaebol #KR #JP

Secret Recordings, Hidden Shares and a Family Rift at South Korea's LG

In June 2020, LG executives met with Kim Young-shik, widow of the late chairman, to discuss family finances, during which they revealed a secretive share control structure that favored her adopted son, Koo Kwang-mo, prompting Kim and her daughters to record the meeting and later file a lawsuit alleging they were misled about their inheritance while exposing potential illegal practices involving nominee shares used for tax evasion and financial manipulation within the family-run conglomerate. #CorporateGovernance #InheritanceDispute #Chaebol #KR #JP

Secret Recordings, Hidden Shares and a Family Rift at South Korea's LG