Court upholds not guilty verdict in Samsung case
Legal World
South Korea's Supreme Court on Friday upheld a lower court ruling that acquitted the former chairman of Samsung on breach of trust charges.
The top court said that Lee Kun-hee was not guilty, reiterating a judgment made by the Seoul High Court last year. The charges stemmed from long-standing allegations of dubious financial transactions purportedly aimed at transferring corporate control from Lee to his son.
In a related case, the court threw out convictions of two Samsung executives who had been found guilty of selling convertible bonds to Lee's children at prices less-than-market value.
The court said that it could not find that the executives had violated breach of trust laws in the case and sent it back to the Seoul High Court for reconsideration.
Critics had said the sale was aimed at enabling Lee to hand over control of the Samsung Group to his son Jae-yong, now an executive at Samsung Electronics Co.
The elder Lee, who led South Korea's biggest industrial conglomerate for 20 years, was convicted last year of tax evasion and given a suspended prison term.
Lee is a South Korean corporate icon who has personified Samsung. He succeeded his father as chairman and is widely credited with turning the group's flagship, Samsung Electronics, into a global brand.
Lee was indicted in April last year following a probe by special prosecutors into allegations of wrongdoing aired by a former Samsung lawyer. The indictment prompted Lee to quit as chairman of Samsung Electronics.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.
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