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Top Court Poised to Rule on SK Chairman’s Landmark Divorce Case

Seoul: The Supreme Court is set to deliver its ruling next week in a prominent divorce case involving SK Group Chairman Chey Tae-won, officials revealed on Friday. This case has drawn significant attention due to its status as the most expensive divorce lawsuit in South Korea's history.

According to Yonhap News Agency, Chey appealed a decision by an appellate court last July. The court had ordered him to pay 1.38 trillion won (approximately US$970.26 million) in property division and an additional 2 billion won in solatium to his estranged wife, Roh Soh-yeong. The Supreme Court is scheduled to hold a sentencing hearing next Thursday for the final appeal trial in this high-profile case.

Chey and Roh, who married in 1988, are parents to three children. The couple's marital discord became public in 2015 when Chey announced his intention to divorce, admitting to having an extramarital affair that resulted in a child. Two years later, Chey initiated proceedings for a divorce settlement, which Roh countered in 2019, demanding half of the SK shares owned by Chey as part of the property division.

In December 2022, the court initially ordered Chey to pay 1 billion won in alimony and 66.5 billion won in cash for the property division. By May 2024, the appellate court assessed the couple's combined wealth at 4 trillion won, allocating 65 percent to Chey and 35 percent to Roh. Chey contested this ruling, citing miscalculations in assessing Roh's contribution to the company's growth. Although the appellate court acknowledged a calculation error, it maintained that the error did not affect the overall decision on the property division.

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