[Breaking] Court Grants Divorce to Choi Tae-won and Noh So-young... 66.5 Billion KRW Property Division and 100 Million KRW Alimony Recognized

[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] The first trial result of the divorce lawsuit between Choi Tae-won, Chairman of SK Group, and Noh So-young, Director of Art Center Nabi, was announced on the 6th.

The Family Agreement Division 2 of the Seoul Family Court (Chief Judge Kim Hyun-jung) held the first trial sentencing hearing for the divorce lawsuit between Chairman Choi and Director Noh in the afternoon and ruled their divorce. The court also ordered Chairman Choi to divide assets worth 66.5 billion KRW to Director Noh and pay 100 million KRW in alimony.

Director Noh, who opposed the divorce, filed a counterclaim against Chairman Choi in December 2019, demanding 300 million KRW in alimony and 42.29% (6.5 million shares) of the shares of SK Inc., the group's holding company owned by Chairman Choi, as part of the property division.