SK Group Chairman Chey Tae-won and Art Center Nabi Director Noh So-young are appearing in court today for a second mediation hearing [1].

The meeting marks a critical step in the legal battle over the division of assets following the collapse of their marriage. Because the case involves one of South Korea's wealthiest families, the outcome could significantly impact the ownership structure and stability of the SK Group conglomerate.

The Seoul High Court scheduled the second mediation date for the property division remand trial at 2 p.m. on June 15 [1], [2]. The proceedings aim to discuss the scale and criteria of the asset division, and to synthesize the opinions of both parties [1], [2].

This appearance is the first time the two have faced each other in a courtroom since April 2024 [1]. That previous meeting occurred during the final pleading date of the appellate trial, meaning the pair have not been in the same court for approximately two years and two months [1].

Legal representatives for both parties are expected to present their positions on the distribution of wealth. The court is utilizing the mediation process to seek a mutual agreement before moving toward a final judicial ruling [1], [2].

Chey and Noh have been embroiled in a protracted legal dispute regarding the division of their shared assets. The remand trial follows a previous ruling that was sent back for further review, placing the current proceedings under intense public and corporate scrutiny [1], [2].

“The pair have not been in the same court for approximately two years and two months.”

The return of both parties to the courtroom after more than two years suggests a pivotal phase in the litigation. By attempting a second mediation, the court is seeking a settlement that could avoid a volatile final judgment. A resolution here would provide much-needed certainty for SK Group shareholders who have been monitoring the potential for a massive transfer of wealth or shares.