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7 clusters · 83 sources · 64 days · First seen 3 months ago · Last updated 27 days ago

SK Group divorce settlement developments

Overview

On 23 July 2026, the Seoul High Court issued its final judgment in the divorce of SK Group chairman Chey Tae-won and former art-center director Roh Soh-yeong, ordering Chey to pay 944 billion won (about $644 million). The award, roughly one-third of the couple’s marital assets, reduced the 2024 award after the court excluded a disputed 30-billion-won contribution. Valuation of Chey’s SK Group shares relied on market prices at the end of the 2024 appellate hearing and reflected the AI-driven surge in SK Hynix, whose market value now exceeds $1 trillion. The judgment mandates a cash payment rather than a share transfer, prompting a sell-off in SK-related stocks – SK Inc fell 3.8% and SK Hynix 8.3% on 25 July. A 27 July report cited a higher figure of 9.44 trillion won (about $6.4 billion) for the cash payment, noting that the settlement would not involve any transfer of SK Group or SK Hynix shares.

On 16 August 2026, Chey’s legal team filed a re-appeal to the Supreme Court just one minute before the deadline. The appeal seeks to challenge the legal basis for the division ratio—set at approximately 33.3% for Roh and 66.6% for Chey—and the calculation method used for stock valuation. The legal move also allows Chey to defer significant daily late interest, estimated at approximately 130 million won per day. While Chey has proposed a combination of cash and SK shares to mitigate liquidity requirements and governance risks, Roh has maintained that the entire amount must be paid in cash.

Entities

SK Group · Chey Tae-won · Seoul High Court · Roh So-young · Roh Soh-yeong

Claims

What the coverage asserts, and how many sources carry each claim.

[● 18 SOURCES] The Seoul High Court ordered Chey Tae‑won to pay Roh Soh‑yeong 944 billion won (≈$644 million).
[● 18 SOURCES] The amount is lower than the earlier 2024 award of 1.38 trillion won.
[● 18 SOURCES] The court divided the marital assets, awarding Roh one‑third and Chey two‑thirds.
[● 18 SOURCES] Chey Tae‑won is the chairman of SK Group, which includes semiconductor subsidiary SK Hynix.
[● 17 SOURCES] The case has been widely dubbed the “divorce of the century.”
[● 16 SOURCES] Roh Soh‑yeong is the daughter of former South Korean President Roh Tae‑woo.
[● 11 SOURCES] SK Hynix’s market valuation exceeded $1 trillion amid the artificial‑intelligence boom.
[● 8 SOURCES] Chey may need to raise cash, take loans, or sell assets to meet the settlement.
[● 8 SOURCES] Chey Tae-won filed a re-appeal to the Supreme Court just before the deadline.
[● 8 SOURCES] Chey expressed concerns that selling large amounts of SK shares could impact stock prices and group governance.
[● 7 SOURCES] Chey Tae-won proposed paying the settlement through a combination of cash and SK shares.

Timeline

27 days ago

[BUSINESS] 9 sources
SK Group Chairman Chey Tae-won appeals 944 billion won divorce settlement
SK Group Chairman Chey Tae-won has appealed a court ruling ordering him to pay his ex-wife, Roh Soh-yeong, 944 billion won in cash, citing concerns over liquidity and group governance.
29 days ago

[BUSINESS] 6 sources
Chey Tae-won appeals 944 billion won property division ruling
SK Group Chairman Chey Tae-won has appealed a court ruling ordering him to pay 944 billion won in property division to his ex-wife, Roh So-young, to the Supreme Court.
about 2 months ago

[BUSINESS] 4 sources
SK Group Chairman Chey Tae-won Ordered to Pay $6.4 Billion in Divorce Settlement
Seoul court orders SK Group chief Chey Tae-won to pay ex‑wife Roh Soh‑yeong $6.4 billion in cash, preserving his control of SK Hynix; shares dip 8 % but analysts see limited corporate impact.
about 2 months ago

[BUSINESS] 22 sources
Chey Tae‑won Ordered to Pay $644 Million in South Korea’s ‘Divorce of the Century’
South Korean court ordered SK Group chairman Chey Tae‑won to pay ex‑wife Roh Soh‑yeong 944 bn won (≈$644 m), a reduced “divorce of the century” payout after an earlier 1.38 tn‑won award.
about 2 months ago

[BUSINESS] 50 sources
SK Group Chairman Chey Tae-won ordered to pay $644 million in South Korea's 'divorce of the century
South Korean court ordered SK Group chairman Chey Tae-won to pay about $644 million to ex‑wife Roh Soh‑yeong, cutting the earlier $1.4 trillion award in the high‑profile ‘divorce of the century’ case.
3 months ago

[BUSINESS] 2 sources
SK Group chairman Chey Tae-won faces court ruling on massive divorce asset split
Seoul High Court set a July 24 verdict on SK Group chair Chey Tae-won's divorce, where a potential asset split could top 1 trillion won, pending ruling on whether his SK shares are marital property.
3 months ago

[BUSINESS] 4 sources
Choi Tae‑won and No So‑young attend second hearing on SK stock division
Choi Tae‑won and No So‑young attended a May 15 court hearing to negotiate the division of SK Group shares, the pivotal dispute in their divorce settlement.

Sources

36kr.com · abc17news.com · abcnews.al · abmedia.io · aeiou.pt · bisnis.liputan6.com · biz.heraldcorp.com · boredpanda.com · bors-nliv.svd.se · bpmoney.com.br · br.paipee.com · bursahakimiyet.com.tr · cafebiz.vn · chosunonline.com · cursorinfo.co.il · danas.rs · diariopanorama.com · dongeradeel.nl · dykhuset.se · e-thessalia.gr · faz.de · finance.technews.tw · finansgundem.com · h1.com.hk · ibtimes.co.uk · ibtimes.com · ilyo.co.kr · imgl.krone.at · indiaweekly.biz · inews.id · infokosova.net · infomoney.com.br · it-boltwise.de · ithome.com · kahawatungu.com · kesq.com · kinderopvangcentrum.nl · koreaherald.com · m.adevarul.ro · m.hani.co.kr · m.imaeil.com · m.kenh14.vn · mediabites.com.pk · mobil.krone.at · moneytimes.com.br · nafsiyah.com · neofeed.com.br · news.donga.com

This summary has been updated 7 times: see revision history