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Name | Symbol | Market | Type |
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Wells Fargo 24 | LSE:50DN | London | Medium Term Loan |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 108.868 | 0 | 00:00:00 |
TIDM50DN
RNS Number : 8629A
Samsung Heavy Industries Co., Ltd
08 February 2011
Request for Revision of Court's Ruling on Samsung Motors Case
28 Samsung affiliates including Samsung Heavy Industries appealed to the Supreme Court on Feb 7, 2011, requesting the Court to annul the Seoul High Court's ruling against the defendants and resend the case to the Seoul High Court for rehearing.
Summary of the Lawsuit
1. This lawsuit is related to the agreement regarding court receivership of Samsung Motors, which Chairman Lee and 28 Samsung affiliates including Samsung Heavy Industries agreed with creditors of Samsung Motors in September 1999. (Related public disclosure : Lawsuit against Samsung Heavy Industries and its Affiliates Regarding Samsung Motors, December 22, 2005, Court's Ruling on Samsung Motors, February 14, 2008, and Court's Ruling on Samsung Motors, January 19, 2011)
2. Plaintiffs (appellee): Seoul guarantee Insurance and 13 other parties
Defendants(appellant): 28 Samsung affiliates including Samsung Heavy Industries
This information is provided by RNS
The company news service from the London Stock Exchange
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