Korean Court Begins Process to Seize Assets from Japanese Companies

It looks like this could start another diplomatic back and forth between Korea and Japan when things have been quiet the past few months due to COVID:

Yang Geum-duk (L), a South Korean victim of wartime forced labor in Japan, and other participants chant slogans demanding Japan’s apology during a rally in front of the foreign ministry in Tokyo on Jan. 17, 2020. (Yonhap)

 A local court has decided to begin a legal procedure that could lead to liquidating seized assets of a Japanese firm that has ignored a ruling to compensate Korean victims of Japan’s wartime forced labor.

According to the legal representatives for four Korean plaintiffs Wednesday, the Pohang branch of Daegu District Court, in southeastern Korea, decided Monday to take the legal procedure of “delivery of public notice,” where a court ruling is considered to have been delivered to a defendant who fails to respond either purposely or with invalid address.

The decision was made as the Japanese foreign ministry has failed to pass the document containing the Korean court’s asset seizure ruling to Japan’s Nippon Steel & Sumitomo Metal Corp.

Yonhap

You can read more at the link, but you know things are getting back to normal with the Koreans and Japanese have time to start bashing each other again.

By the way I wonder if anyone is going to seize any assets from Yoon Mi-hyang who has allegedly swindled millions from the comfort women?

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setnaffa
6 years ago

This will please Xi to no end…

J6Junkie
J6Junkie
6 years ago

Commie Moon needs money to pay gor his welfare pledges.

Flyingsword
Flyingsword
6 years ago

Japan needs to build their own nukes….before Korea unifies under the glorious red banner of Kim.

johnhenry
johnhenry
6 years ago

Wasn’t all of this disposed of with the treaty between Japan and South Korea?

setnaffa
6 years ago

Johnhenry, my experience with Koreans in Korea and contracts is 180 degrees off from my experience in America… a certain chaebol company signed a contract and then demanded I do twice the work for the same price and during the same time…

There are good and bad people in every country.

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