Lawyers for Korean wartime forced laborers have demanded that a Japanese steelmaker respond to their request to discuss compensation, warning they will otherwise take steps to freeze its assets in their country. The two lawyers on Tuesday asked Nippon Steel & Sumitomo Metal Corp in Tokyo to respond by 5…
Lawyers for Korean wartime forced laborers have demanded that a Japanese steelmaker respond to their request to discuss compensation, warning they will otherwise take steps to freeze its assets in their country.
The two lawyers on Tuesday asked Nippon Steel & Sumitomo Metal Corp in Tokyo to respond by 5 p.m. on Dec 24. They said if there is no response by the deadline, they will seek to freeze part of the company’s assets in South Korea, including shares of PNR, its joint venture with Korean steelmaker POSCO.
South Korea’s top court ordered Nippon Steel to pay 100 million won ($87,680) each to four plaintiffs forced to work at the company during Japan’s colonial rule of the Korean Peninsula.
