Japan’s Mitsubishi appeals asset seizure ruling by South Korean court aimed at compensating forced laborers during WWII ...News

Mitsubishi Heavy Industries has lodged an appeal to stop South Korea from seizing its assets in order to compensate people who were drafted into forced labor during WWII, when Korea was Japan’s colony. The legal process to compensate the victims of Japan’s wartime forced labor took effect last week, after Mitsubishi failed to carry out a 2018 court order to compensate five plaintiffs, including a 91-year-old victim, South Korea media reported on Monday. The company is now seeking to stop the seizure of six patent rights and two trademark rights by South Korean authorities. In 2018, a court ordered Mitsubishi to pay between 80 million w

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Japan’s Mitsubishi appeals asset seizure ruling by South Korean court aimed at compensating forced laborers during WWII ...News

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