In the 21st century, LG is passing over by 'inheritance'.Gugwangmo Inheritance First Trial -South Korea News
Chairman Koo Kwang-Mo-Mothers and sisters' inheritance of inherited property redistribution.
〈Hankyorehrye〉 Data Photo ☞ Subscribe to Hankyoreh Newsletter H: 730.Try to hit the Hankyoreh H730 in the search box..This is the first time that there is a legal dispute between family members over the LG Group's stake, and it is said that the vulnerability of the structure that the conglomerate has established the chief executive and maintained the group through the 'first -time succession' method.Experts first pointed out the problem that the succession of the property and management rights of the “large corporate group,” which had the total assets of 171 trillion won, in the family decision -making method.Kim Woo -chan, director of the Economic Reform Solidarity (Professor of Korea University), said, “LG Group, such as LG Group, should reflect on the hereditary problems that handles companies to their families like personal possessions.”Chairman Koo was forty years old in 2018.This decision -making method is easy to shake without family harmony or common understanding.In the meantime, LG Group has been converted to a holding company system and emphasized “printing” such as noise.In the process of three times, the former chairman of Koo Ja -kyung (1970), former Chairman Koo Bon -moo (1995), and Koo Kwang -mo (2018), in the founder of Guinhoehoe, and other relatives other than the eldest son.It was separated by LF (LF), etc.The eldest son inherited management rights, including holding holders, and brothers, where the brothers and brothers were divided with some affiliates, played a role in blocking management disputes between brothers.It was a point that could keep the group's dominance even if it was divided, and this lawsuit was shaken from the roots.Park Sang -in, a professor at Seoul National University Graduate School of Public Administration, said, “It will be an opportunity to alert the LG Group's first -time succession and male -centered thinking.””It is expected that the process of inheritance of 'who is the firstborn' can continue to question who will be the next chief executive.In the case of Chairman Koo, he was the son of Koo Bon -nung, Chairman of Heesung Group, and inherited his position as a former president, Koo Bon -moo, the eldest father, who was only a daughter.
The trial began with a lawsuit in March with the intention of re -dividing the shares of LG Group shares inherited by former chairman Koo Bon -moo.In 2018, LG inherited 11.28%of the former chairman's stake in LG in accordance with the first -aged succession principle, and inherited 0.51%to President Koo Kwang -mo, 2.01%to his eldest daughter, and 0.51%to Mr. Koo Yeon -soo, but as there is no separate will.Three people should be divided again at a ratio of 1.5 to 1 to 1.At the time, CEO Lee Yeon -kyung, instead of receiving less shares, decided to receive an agreement without any dispute by receiving 500 billion won of personal assets (financial investment products and real estate, and art).As a preparation date for pleadings, the chairman Koo and the three mothers and daughters do not attend.In the legal profession, three mothers and daughters are unlikely to win the lawsuit.Kim Han -gyu, former chairman of the Seoul Lawyers Association, said, “The request of the three mothers and daughters can be accepted only if there is a reason for infringement of inheritance that intercepted property in an unfair way or a serious fraud or deceit to distort the judgment in the process of splitting.There is little room for illegal room for the division of large corporations with various experts. ”In fact, the former chairman and the three mothers and daughters were reported to have divided their property through several consultations for five months after the former president.The business community pays attention to the behavior of the representative husband.Mr. Koo's husband, Yun Kwan Blue Run, CEO, has invested in venture companies in the United States, and is known to have been involved in equity structure and appointment of a lawyer in this trial.The LG Group side said, “The heirs of the chairman and the former representative agreed through several consultations, and the inheritance was legally completed in November 2018.”And said.
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