Error in ruling could transform SK chief's divorce case: sources


SK Group Chairman Chey Tae-won's highly publicized divorce from his estranged wife Roh Soh-young has taken a new turn as the Seoul high court corrected numerical errors in its ruling that ordered Chey to pay $1 billion in property division to his wife. The appellate court rectified mistakes in its written judgment for the divorce settlement but upheld the original ruling, which involved a record-high divorce settlement. Chey's attorney argued that the court made a mistake in evaluating the value of the SK stocks Chey owns, leading to a miscalculation of the stock's growth level and the chairman's contributions to the company. The correction has prompted discussions about a potential appeal to the Supreme Court, and industry watchers predict that the case's direction will likely be decided within four months after the appeal is filed. The court's correction of the SK stock price has drawn attention to similar cases in the past, such as the late Samsung Chairman Lee Kun-hee's legal issues related to the market prices of bonds. The correction has also sparked comparisons to financial market errors, such as the "fat-finger" failures that have led to significant financial losses and market impacts. Legal experts have expressed mixed views on the potential impact of the court's correction, with some remaining cautious about its influence on the ruling and the likelihood of the Supreme Court finding the numerical mistake critical. The case's outcome is expected to be determined in the coming months, with the possibility of further legal proceedings and appeals.


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