Divorce talks between SK Chairman Chey Tae-won and Roh Soh-yeong fail; legal battle to resume

Negotiations aimed at resolving the high-profile divorce settlement between SK Group Chairman Chey Tae-won and his wife, Roh Soh-yeong, have officially failed. The court announced that mediation efforts were unsuccessful, leading to the resumption of the main legal battle over the division of assets.

The couple, who have been married for decades, have been embroiled in a contentious legal dispute following Chey Tae-won's admission of an extramarital affair and his subsequent request for a divorce. Roh Soh-yeong, daughter of former South Korean President Roh Tae-woo, has reportedly contested the divorce proceedings and sought a substantial share of Chey Tae-won's considerable wealth.

This case has garnered significant public attention in South Korea due to the prominence of the individuals involved and the potential scale of the asset division. The failure of mediation suggests that the upcoming court hearings will likely involve extensive arguments over the valuation and distribution of assets accumulated during their marriage, which includes significant holdings in the SK conglomerate, one of the country's largest business groups.