Samsung Heiress Avoids a $1 Billion Divorce Settlement
It looks like everything turned out alright for Lee Boo-jin’s divorce. Her ex-husband was trying to get a billion dollars out of her and instead the court orders her to pay him $7.6 million. She probably has that amount of money lying under her mattress:
The Seoul Family Court granted a divorce Thursday to Hotel Shilla CEO Lee Boo-jin and Im Woo-jae, former adviser of Samsung Electro-Mechanics, ordering Lee to pay Im 8.6 billion won ($7.6 million) as part of the division of their assets.
The court gave Lee, the eldest daughter of bedridden Samsung Group Chairman Lee Kun-hee, custody of the couple’s 10 year-old son.
The Thursday ruling is a setback for Im, whose 15-year-old marriage with Lee unraveled in 2014 when Lee sued for divorce. He had asked for 1.2 trillion won in dividing their assets.
The couple was represented at the court’s ruling by their lawyers. Under the ruling, Im will have visitation rights with his son only once a month between 11 a.m. on a Saturday and 4 p.m. the following day. [Joong Ang Ilbo]
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