[Newsmaker] Court order takes effect, allowing seizure of assets to pay victims of Japanese wartime forced labor
Foreign affairsDec 29, 2020
Diplomatic tensions between South Korea and Japan are likely to worsen after a court order took effect Tuesday, mandating that the local assets of a Japanese firm be sold off to compensate victims of forced labor. At the start of Tuesday, a public notice issued by the Daejeon District Court went into effect authorizing the seizure of assets held in South Korea by Mitsubishi Heavy Industries. This would fulfill a November 2018 ruling by the Supreme Court ordering the company to provide between