28th Dec 2005 07:00
Samsung Electronics Co. Ld27 December 2005 Lawsuit against Samsung Electronicsand its affiliates regarding Samsung Motors On December 22, 2005, the creditors of Samsung Motors filed a lawsuitagainst Samsung Electronics and its affiliates for their failure to carry outthe agreement with the creditors. • Details 1. Legal parties - Plaintiff: Thirteen creditors of Samsung Motors including Seoul Guarantee Insurance - Defendant: Samsung Electronics and its affiliates 2. Court of jurisdiction: Seoul District Court 3. The creditors call on the companies to pay KRW 2,450,000,000,000 of the motor company's debt, KRW 2,287,964,383,561 of penalty, and delinquency interest. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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