S.Korea court approves seizure of Mitsubishi
It are accused of wartime forced labor
/NOVOSTIVL/ A South Korean court on Monday approved a request to seize Mitsubishi Heavy Industries Ltd.’s assets in South Korea after the company refused to compensate Koreans who had won a case against it over wartime forced labor, a team of lawyers for the plaintiffs said. This article appeared in the Kyodo News.
The decision by the district court in Daejeon followed a South Korean Supreme Court ruling last year that ordered the major Japanese manufacturer to compensate those forced to work for the firm during World War II.
Mitsubishi Heavy Industries is the second Japanese company to be hit with such a move, after a South Korean court approved in January the seizure of assets held by Nippon Steel & Sumitomo Metal Corp. to compensate Koreans for conscripted labor during World War II.
Sought for asset seizure in the Mitsubishi Heavy Industries case were the rights to two trademarks and six patents owned by the company in South Korea, which the lawyers appraised to be worth about 800 million won (¥77.77 million).
The assets would go toward compensating four of the five plaintiffs in the case, which included former members of the so-called Korean Women’s Volunteer Labor Corps.
Rulings in South Korean courts against Japanese firms over wartime labor and subsequent legal moves such as the asset seizures have soured already tense ties between Japan and South Korea.