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In the 2018 Pyeongchang Winter Olympics speed skating women’s team pursuit, Kim Bo-reum, who caused the controversy over ‘bullying driving’, also won part of the appeal trial for damages filed by Noh Seon-young, who participated with him, saying, “I suffered verbal and defamation damage.” Previously, the first trial judged that Seon-young Noh should pay 3 … Read more
Although the SM acquisition battle between Hive and Kakao has concluded, the Financial Supervisory Service is known to continue to investigate violations of the Capital Markets Act, such as market price manipulation related to the mass purchase of SM stocks. Financial Supervisory Service (President Lee Bok-hyeon)announced on the 17th that it would continue to investigate … Read more
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The mother and younger sisters of LG Group Chairman Koo Kwang-mo filed a lawsuit for inheritance recovery against Chairman Koo, saying, “Let’s divide the inheritance left by the late Chairman Koo Bon-moo.” On February 28, Koo’s mother, Kim Young-sik, and her younger sister, Koo Yeon-kyung, CEO of LG Welfare Foundation, and Koo Yeon-soo, filed a … Read more
As the agenda for SM Entertainment’s shareholders’ meeting was announced and the first court battle began, the dispute over SM’s management rights is intensifying. When SM Entertainment announced the agenda for the shareholders’ meeting to be held in March on the 22nd, the current SM board of directors and the directors recommended by former executive … Read more
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SM Entertainment announced the agenda for the 2023 regular shareholders’ meeting and revealed candidates for inside directors. Instead of Bae Jae-hyun, head of Kakao Community Investment, who had originally decided to recommend him as a non-executive director candidate while signing a business cooperation contract with Kakao, Jang Yoon-joong, CEO of Kakao Entertainment America, was nominated … Read more
An authority in the US state of West Virginia, which operates state prisons there, has come under fire for a questionable deal with a private provider of multimedia tablets. Civil rights organizations accuse the West Virginia Division of Corrections and Rehabilitation (WVDCR) of rip-offs because they charge a minute to use tablets. The devices will … Read more
The publishing world has been one of the cultural sectors hardest hit during the first year of pandemic. According to data from the Ecuadorian Book ChamberIn 2020, a total of 4,349 titles were registered, 13.17% less than in 2019. Likewise, 2,608,015 copies were registered, 57.96% less, compared to the production of 2019, when 6,203,547 copies … Read more
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The Seoul Central District Prosecutor’s Office, Department of Anti-Corruption Investigation 1 (Director Prosecutor Jun-cheol Jeon), announced on the 5th that it had arrested Shin-won Shin (68), chairman of SK Networks, on charges of embezzlement under the Act on aggravated punishment for specific economic crimes. Chairman Choi is 2235 from six companies he operates, including SK … Read more
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Ssangyong Motor, faced with a liquidity crisis with debts reaching 1.5 trillion won, filed for a corporate rehabilitation procedure with the court on the 21st. Ssangyong Motor’s application for corporate rehabilitation has been around 11 years since it applied for corporate rehabilitation in January 2009 in the aftermath of the global financial crisis. According to … Read more