Korean

Korean Claimants Lose Appeal Over Missed $2 Billion Settlement Checks Deadline, Sixth Circuit Upholds Rigid Enforcement

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Seoul, South Korea – In a notable development involving international law and bankruptcy claims, around 200 Korean claimants recently failed to cash their settlement checks, missing the set 180-day deadline stipulated by the $2 billion Dow Corning Settlement Trust. This misstep marked their fifth unsuccessful attempt to meet the deadline, essential for claiming their part in the settlement. The Dow Corning Settlement Trust, affirmed by the Bankruptcy Court for the Eastern District of Michigan in 1999, includes a clause requiring the cashing of checks within a 180-day period to avoid forfeiture. Despite these clear terms, … Read more

Former South Korean Minister’s Legal Team Justifies Martial Law Declaration as President Yoon Confronts Impeachment Proceedings

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Seoul, South Korea – In a significant political development, former South Korean Justice Minister Cho Kuk’s attorneys have mounted a defense of the alleged planning of martial law during mass protests three years ago. The controversy comes as President Yoon Suk-yeol, under whose administration Cho served, faces an impeachment trial amid accusations of abusing power and violating election laws. Lawyers for Cho argue that the discussions of martial law were merely preparatory measures, aimed at maintaining public order during the 2016-2017 protests which ultimately led to the impeachment and jailing of former President Park Geun-hye. … Read more

South Korean Authorities Summon Impeached President Yoon for Questioning Over Controversial Martial Law Decree

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SEOUL, South Korea — South Korea’s embattled President Yoon Suk Yeol, who was recently impeached by the opposition-dominated National Assembly, is set to undergo questioning this week concerning his controversial declaration of martial law on December 3. Authorities are investigating whether this drastic measure could constitute an act of rebellion. The multi-agency probe, involving police, anti-corruption units, and the Defense Ministry, made an announcement on Monday to formally request Yoon’s participation in the upcoming inquiry set for Wednesday. The impeachment has suspended Yoon from exercising his presidential powers pending a determination from the Constitutional Court, … Read more

South Korean President Yoon Suk Yeol Facing Impeachment Following Martial Law Controversy

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Seoul, South Korea – In a dramatic turn of events, South Korean President Yoon Suk Yeol has been impeached following a controversial attempt to impose martial law. This development throws the country into a political uncertainty rarely seen in its recent history. The impeachment, a significant setback for President Yoon, came after accusations that he had overstepped his executive powers. Allegations surfaced suggesting that Yoon had attempted to authorize the military to maintain order during anticipated public unrest, an action deemed unconstitutional without parliamentary consent. This decision to potentially enforce martial law was reportedly linked … Read more