Top court dismisses Mitsubishi’s appeal of asset seizure order

A person passes by the sign of Mitsubishi Heavy Industries in Japan on March 1. Yonhap
A person passes by the sign of Mitsubishi Heavy Industries in Japan on March 1. Yonhap


Korea’s top court has confirmed a lower court’s order to seize Mitsubishi Heavy Industries Ltd.’s assets here to compensate wartime forced labor victims, judicial officials said Monday.

The Supreme Court on Friday dismissed the Japanese company’s appeal of a court order to seize its six patent rights and two trademark rights registered in South Korea.

In 2018, the top court ordered Mitsubishi to compensate South Korean workers who were mobilized into forced labor in the company’s plants in Japan during World War II.

Mitsubishi defied the ruling, claiming the reparation issue was fully and finally settled by a treaty signed between the two nations in 1965 to normalize ties.

The plaintiffs asked the Daejeon District Court in the central city to seize the company’s assets in South Korea and the court accepted their request in March 2019. (Yonhap)


Top court dismisses Mitsubishi’s appeal of asset seizure order
Source: Buhay Kapa PH

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