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Mirae Asset wins lawsuit over $5.8b US hotel deal

Mirae Asset wins lawsuit over $5.8b US hotel deal

Mirae Asset Global Investments, one of South Korea’s largest asset management firms, said on Dec. 1 that it won a US court case against Chinese insurer Anbang Insurance Group over legal disputes involving a $5.8 billion deal to acquire luxury hotels. 　The Delaware Court of Chancery rejected Anbang’s demand of Mirae Asset to pay off the rest of the deal, and ordered the Chinese insurer to return $580 million it received from the South Korean company as a deposit of the deal, with int

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Herald Corporation |
CEO : Kwon Chung Won |
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |
Title : The Investor |
Date of registration : 2015.04.28

Publisher. Editor : Kwon Chung Won |
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