South Korean court orders former Namyang Dairy chairman Hong Won-sik to pay 66 billion won ($50.5 million) to Hahn & Company for failing to execute a 2021 M&A deal, citing both direct and indirect damages.
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https://en.infomaxai.com/news/articleView.html?idxno=92864
The Cost of a Broken M&A Deal—Hong Won-sik Ordered to Pay 66 Billion Won to Hahn & Company
South Korea's court has ordered former Namyang Dairy chairman Hong Won-sik to pay 66 billion won ($50.7 million) to Hahn & Company for failing to execute a 2021 M&A deal, citing both direct and opportunity damages.