A court has ruled that two companies should compensate South Koreans for WWII work; Japan says issue settled in 1965 treaty
Lawyers for South Koreans forced into wartime labor have taken legal steps to seize the South Korean assets of a Japanese company they are trying to pressure into obeying a court ruling to provide them compensation.
Lawyer Lim Jae-sung said Thursday the court in the city of Pohang could decide in two or three weeks whether to accept the request to seize the 2.34 million shares Nippon Steel & Sumitomo Metal Corp. holds in its joint venture with South Korean steelmaker POSCO, which are estimated to be worth around $9.
