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The legal action is South Korea's largest civil lawsuit, Yonhap news agency reported. The ... Creditors File $4.6B Suit Against
The legal action is South Korea's largest civil lawsuit, Yonhap news agency reported.
The 14 creditors, which also include Woori Bank and Korea Development Bank, sued because they have failed to sell 3.5 million shares in unlisted Samsung Life Insurance Co. that Samsung Group Chairman Lee Kun-hee offered in 1999 as collateral for the debt of the group's automobile unit.
The credit...
SEOUL, South Korea -- Samsung Motor Inc. creditors on Friday sued the chairman of the Samsung Gro... Creditors File $4.6B Suit
SEOUL, South Korea -- Samsung Motor Inc. creditors on Friday sued the chairman of the Samsung Group and its affiliates to force them to pay back the defunct automaker's debt and interest.
The creditors are seeking a total of 4.74 trillion won ($4.58 billion), main creditor Seoul Guarantee Insurance Corp. said in a statement.
The legal action is South Korea's largest civil lawsuit,...
Entertainment Events Restaurants Movies & TV Music & Stage Nightlife & Bars Florida Getaways Cele... Creditors File $4.6B Suit
Entertainment Events Restaurants Movies & TV Music & Stage Nightlife & Bars Florida Getaways Celebrity News Horoscopes Dating/Personals Attractions/Outdoors Visitors Guide
SEOUL, South Korea -- Samsung Motor Inc. creditors on Friday sued the chairman of the Samsung Group and its affiliates to force them to pay back the defunct automaker's debt and interest.
The creditors are ...
GPS industry says it's headed in the right direction Holiday season expected to propel map... GPS industry says it's headed
GPS industry says it's headed in the right direction
Holiday season expected to propel mapping technology further into the consumer mainstream
Printer friendly version Comment on this story Send this story to a friend Get Home DeliveryThe most common phrases uttered in a car this year, according to a recent insurance company survey, were "Are we there yet," "Do you know where...
Insurance website witness more people purchase insurance via Internet instead of local agents... Insurance website witness more
Insurance website witness more people purchase insurance via Internet instead of local agents
Super-value-Insurance.com today announced that during the past 6 months, site traffic has grown by 180% compared to previous months. The number of people who used their online insurance quotes service more than doubled.
[ClickPress, Thu Dec 08 2005] Super-Value-Insurance.com, a nationwide i...
The Harbor News publishes a Police Incident Report to inform residents of incidents, criminal act... Police Incident Report...
The Harbor News publishes a Police Incident Report to inform residents of incidents, criminal activities, and police responses occurring in town. As those charged are presumed innocent until proven guilty, the report does not include names. It may be edited for space and content.
A 49-year-old Prospect woman was issued an infraction at 2 p.m. for traveling too fast.
A 19-year-old Ni...
Two drivers who plowed into four motorcyclists at an accident scene on the eve of Biketoberfest w... Drivers in Biketoberfest f
Two drivers who plowed into four motorcyclists at an accident scene on the eve of Biketoberfest will not be charged in the fatal crash, a Florida Highway Patrol report released Wednesday states.
Three bikers died at the scene just before midnight Oct. 19 and a fourth died eight hours later at the hospital.
Timothy Ochiuzzo, 25, and Shana Pignato, 24, who each were driving a Honda C...
Prudential Financial Inc., the second-largest U.S. life insurer, on Wednesday forecast 2006 per-s... BUSINESS BRIEFS...
Prudential Financial Inc., the second-largest U.S. life insurer, on Wednesday forecast 2006 per-share profit would increase as much as 15 percent to $5.40 to $5.60, in line with analysts' estimates.
The forecast excluded investment gains and losses and the results of policies the company sold before it went public in 2001, the Newark-based company said. The company expects to earn betwee...
German shares lower midday after US and Asia losses; Munich Re dips on downgrade FRANKFURT ... German shares lower midday after
German shares lower midday after US and Asia losses; Munich Re dips on downgrade
FRANKFURT (AFX) - Shares were lower in midday trade following losses on Wall Street overnight and across Asia this morning and as stock futures pointed to further declines in the US this afternoon, with Munich Re extending yesterday's sharp fall after JP Morgan downgraded the stock, dealers said.
At 12...
SAN FRANCISCO (AP) - Living by a church does wonders for a person's driving record, but motorist... Study: Drivers Living Near
SAN FRANCISCO (AP) - Living by a church does wonders for a person's driving record, but motorists who reside near a restaurant might want to say an extra prayer before hitting the road, according to the findings of an insurance industry study.
The study from Quality Planning Corp., a risk assessment firm owned by the influential Insurance Services Office, calculates the risk of having a ...
