Chey Tae-won and Roh Soh-yeong Face Off in Court; Mediation on Property Division Fails

[Anchor]

Mediation in the property division lawsuit between SK Group Chairman Chey Tae-won and Art Center Nabi Director Roh Soh-yeong has ultimately failed. Although both parties appeared in court in person for the mediation, they failed to reach an agreement, and the case will now proceed to formal trial proceedings.

Reporter Jang Hun-gyeong reports.

[Reporter]

SK Group Chairman Chey Tae-won appeared in court to attend the mediation hearing regarding the property division lawsuit with Art Center Nabi Director Roh Soh-yeong.

Unlike the previous hearing last month, he attended the second mediation session in person.

[Chey Tae-won/SK Chairman: (How do you feel about facing each other in court for the first time in two years?) Well, I hope the mediation can be settled successfully so that this can be concluded quickly.]

Director Roh, who arrived at the court earlier, did not comment on questions from reporters.

This was the first time the two have faced each other in court in two years and two months, since the final hearing of their divorce appeal in April 2024. Despite a 90-minute mediation process, they were unable to narrow their differences.

[Chey Tae-won/SK Chairman: (How do you plan to resolve the differences in your positions?) Please ask my lawyer....]

[Roh Soh-yeong/Director of Art Center Nabi: (Have the differences not been resolved yet?) ......]

With the mediation falling through, the case will now proceed to formal trial arguments. The key issue is expected to be the reference date for calculating the property value.

The value subject to property division is calculated based on the date the fact-finding trial concludes. Chairman Chey's side argues that the reference date should be the conclusion of the appellate trial in April 2024, while Director Roh's side contends that the current remand trial should be the basis.

SK's stock price, which was around 160,000 won per share at the time the appellate trial concluded, has nearly quadrupled recently. If the court accepts Director Roh's argument, the amount of property to be divided could increase significantly.

Chairman Chey's side maintains that his SK shares were formed through inheritance and gifts and are therefore not subject to division. Conversely, Director Roh's side argues that the shares are subject to division as she supported the management of the company while handling household affairs and child-rearing.

The court has scheduled the first formal hearing for the 26th, and a fierce legal battle between the two sides is expected.

(Video reporting: Kim Seung-tae, Video editing: Choi Hye-ran)
※ Please note: This article was translated by AI and may contain errors.