"Summary" Issues Nippon Steel Makes Immediate Appeal 16:50 on August 4th
Due to the issue of "commissioning" during the Pacific War, a Korean court considers that the documents ordering the seizure of the assets of the defendant Japanese company reached the Japanese side on the 4th, and sells the assets in the future to "cash" them. It is expected to enter the procedure for.
Regarding this, Nippon Steel, the defendant, announced at a press conference on April 4th that it will hold an "immediate appeal" to suspend the procedure for foreclosure.
Foreclosure will be held by Nippon Steel's shares in a joint venture with a Korean steel maker.According to Nippon Steel, if the immediate appeal is not filed by 11th of this month, the foreclosure will be finalized. I will.