A court decision has been made that prevents her spouse, Noh So-young, director of the Art Center Nabi, and SK Group Chairman Choi Tae-won, who is in a divorce suit, from disposing of shares.
According to the court on the 12th, Judge Shin Hye-seong, who is the 33rd independent judge of the Seoul Family Court, accepted the application of Director Roh on February 23 and decided on an injunction to prohibit the disposal of her shares against Chairman Choi.
The court prohibited Chairman Choi from transferring or disposing of the 3.5 million SK shares held by Chairman Choi until a judgment was rendered on the merits of the divorce and property division lawsuits.
Director Roh applied for a ban on the disposition of 6.5 million shares (42.29%) owned by Chairman Choi, but the court banned only a portion of the disposition of 3.5 million shares.
Director Roh appealed this decision.
A stock disposition prohibition is intended to prevent a party from avoiding a division of the property by disposing of the stock before a judgment is rendered, which is common in property division litigation involving shares.
How the SK stocks owned by Chairman Choi will be divided will be decided in the case of the case in progress in the second part of the Family Settlement Agreement (Chief Judge Kim Hyun-jung) of the same court, separate from this injunction decision.
Chairman Choi acknowledged the existence of an extramarital child in 2015 and announced that he would divorce Director Roh due to differences in personality, and then applied for divorce mediation in 2017.
Director Roh, who was opposed to the divorce, filed a countersuit (countersuit) in December 2019 saying he would agree to the divorce, demanding that he pay 300 million won in alimony and 42.29% of the SK stock owned by Chairman Choi.
(Photo = Yonhap News)