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SignalKorea

Gov't wins lawsuit to recover 2.7 bln won in assets from descendants of pro-Japanese collaborator

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What happened: A South Korean court ruled for the government in a lawsuit against descendants of Shin Woo-sun, a pro-Japanese collaborator, to recover assets and sale proceeds. Key numbers: 2.7 billion won (US$2 million) total sought; 2.43 billion won in sale proceeds; land valued at about 270 million won; lawsuit filed in January; ruling Thursday. Why it matters: The court held the government can seek proceeds from collaborator assets even if transferred to third parties before the 2005 reversion law, per the justice ministry.
A South Korean court ruled for the government in a lawsuit against descendants of Shin Woo-sun, a pro-Japanese collaborator, to recover assets and sale proceeds.
The court held the government can seek proceeds from collaborator assets even if transferred to third parties before the 2005 reversion law, per the justice ministry.
Sources