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SK Group divorce settlement developments

Updated 1 time since CLSTR started tracking revisions of this situation.

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2026-07-25 23:43 UTC → 2026-07-26 16:25 UTC · added removed

SK Group divorce settlement ruling developments

South Korea’s Seoul High Court issued its final judgment on 23 July 2026 in the divorce of SK Group chairman Chey Tae‑won and former art‑center director Roh Soh‑yeong, often dubbed the “divorce of the century”. The court set the property‑division award at 944 billion won (about US $644 million), roughly one‑third of the couple’s marital assets, reducing the earlier 2024 award of 1.38 trillion won. Valuation of Chey’s SK Group shares used market prices from the end of the 2024 appellate hearing; a 30‑billion‑won fund alleged to have come from Roh’s father was excluded as illegal slush‑funds. The ruling ordered payment in cash rather than a share transfer. On 25 July the announcement The decision triggered a sell‑off in SK‑related equities, with SK Inc falling 3.8 % and SK Hynix down 8.3 %. % on 25 July. Analysts noted the settlement could force Chey to liquidate assets or use shares as collateral, though his control of the conglomerate is not expected to be jeopardised. Chey’s lawyers said they are reviewing the decision judgment and may pursue further appeal, echoing earlier signals that appeal. Roh Soh‑yeong is the parties intend daughter of former South Korean president Roh Tae‑woo, adding a political dimension to challenge the judgment. high‑profile case. The case remains ruling follows a Supreme Court review that rejected the largest divorce settlement ever ordered inclusion of alleged slush‑fund contributions from Roh Tae‑woo in South Korea and highlights judicial recognition the asset pool. SK Hynix, the flagship semiconductor subsidiary, saw its market value exceed $1 trillion amid an AI boom, underscoring the magnitude of a spouse’s contribution to corporate wealth. the wealth at stake.

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  1. 2026-07-26 16:25 UTC SK Group divorce settlement developments
  2. 2026-07-25 23:43 UTC SK Group divorce settlement ruling

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