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News
Labor Ministry Raids HL Mando Again Over Subcontractor's Death
10+ hour, 58+ min ago (226+ words) Probe Into Suspected Violation of Serious Accidents Punishment Act The Ministry of Employment and Labor has launched a second round of compulsory investigation into the death of a subcontractor worker who was crushed by machinery at the Pyeongtaek plant of…...
Namyang Dairy Wins Ruling Voiding Ex-Chairman's 44.4 Billion Won Pay Claim
1+ day, 1+ hour ago (238+ words) Former Chairman Hong Won-sik Loses Severance Suit Must Return 1.17 Billion Won on Counterclaim Commercial Act Requires Shareholder Vote on Director Pay No Valid Procedure Means No Claim to Severance Namyang argued that because no lawful shareholder resolution on director compensation…...
Court Rules Death After Early Return From Brain Hemorrhage Was Work-Related
1+ day, 12+ hour ago (180+ words) Worker Faced Heavy Workload After Returning Early at Company's Request Died as Pre-existing Condition Worsened Welfare Service Denied Link Between Work and Death Court Says Job Stress Aggravated Existing Illness A court has ruled that the death of a worker…...
Ex-Samyang Foods Chairman Gets Suspended Term Over 53.8 Billion Won Fake Invoices
4+ day, 4+ hour ago (254+ words) First Trial: 3 Years in Prison Suspended for 5 Years, 19.1 Billion Won Fine Appeals Court Cut Sentence on Partial Acquittal; Supreme Court Overturned It Top Court Dismisses Second Appeal, Restoring Original Sentence Chun In-jang, former chairman of Samyang Foods (003230), received a final…...
Prosecutors Arrest Illegal Lending Ring Leader After False Testimony
4+ day, 5+ hour ago (130+ words) Prosecutors have arrested the head of an illegal lending operation after supplementary investigation, reversing a police decision not to refer the case that had rested on false testimony from members of the ring. The leader's defense lawyer, who coached the…...
Court Orders Smilegate Founder to Give Wife 35% Stake in Record Divorce Split
5+ day, 1+ hour ago (259+ words) ■ Smilegate Founder Kwon Hyuk-bin's Divorce Ruling Comes Four Years After Wife Filed Suit Court Says Spouse Also Contributed to Founding, Growth Kwon's Control as CVO Seen Intact Concerns Over Governance Friction Such as Shareholder Proposals The Seoul Family Court's 3rd Family…...
Court Grants Smilegate Founder's Divorce, Orders 35% Stake Split
5+ day, 6+ hour ago (140+ words) Seoul Economic Daily [BREAKING] A court has granted the divorce of Smilegate founder Kwon Hyuk-bin and ordered that 35% of his shares be divided as marital property. Original reporting by Lim Jong-hyun for Seoul Economic Daily. AI-translated from Korean. Quotes from…...
Counterfeit Luxury Ringleader Repatriated From Vietnam
5+ day, 15+ hour ago (283+ words) Seoul Economic Daily A ringleader who sold counterfeit luxury handbags and watches from Vietnam has been arrested through Interpol cooperation and repatriated to South Korea The Trademark Special Judicial Police under the Korea Intellectual Property Office said on the 8th that…...
Fake Paintings and Phony Adopted Sons: Livestream Scams Target China's Elderly
5+ day, 17+ hour ago (528+ words) Seoul Economic Daily BEIJING â Fake paintings passed off as works by famous Chinese artists are being sold in bulk on livestream broadcasts in China, leaving a trail of elderly victims Other livestream scams aimed at older people are also…...
Court to Rule Today in Smilegate Founder's Divorce Case
5+ day, 15+ hour ago (200+ words) Spouse Seeks Half of Kwon Hyuk-bin's Stake Record Asset Split Possible if Divorce Granted A South Korean court will issue its first-instance ruling on the divorce and asset division case between Smilegate founder and Chief Visionary Officer Kwon Hyuk-bin, whose…...