LKB & Partners, one of South Korea’s leading law firms, is preparing to take TerraForm Labs CEO Do Kwon to court over the LUNA and UST collapse.
local newspaper of south korea Munhwa Ilboof 18 May one of the country’s leading law firms, LKB & Partners, For investors who lost money from the LUNA and UST collapse a Korean citizen CEO DoKwonHe is preparing to sue.
Some company employees who lost money during the collapse could also join the lawsuit, the report said.
from LKB partners Kim Hyeon-Kwon in his statement on the matter, “There are interested investors in our law firm and we will file a complaint against Kwon with the Financial Investigation Unit of the Seoul Police Department” said.
The company also seeks to confiscate the CEO’s personal property, in addition to filing a complaint. Seoul Public Prosecutor’s OfficeHe will apply for a temporary lien order.
local news agency YonsepIn the news of the law firm, Do Kwon, as well as another Terra co-founder, Daniel ShinIt was also stated that he was considering suing.