Billionaire Chey Tae-won gets relief in divorce case from Korean court


By Heesu LeeSam Kim

- Photo: Bloomberg

SEOUL: South Korea’s top court granted billionaire Chey Tae-won (pic) some relief, deciding to review his divorce case after he appealed a lower court ruling that required him to pay a settlement of 1.38 trillion won (US$987 million) to his estranged wife.

The Supreme Court had until Friday (Nov 8) midnight to reject the case and its inaction means the judges have chosen to examine it, said Kim Sung Woo, a partner attorney at Yulchon LLC who represents Chey.

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