SEOUL – A civic group supporting South Korean plaintiffs who secured a ruling against Nippon Steel & Sumitomo Metal Corp. over wartime forced labor has said it will proceed with steps to seize the steel giant’s South Korean assets after the firm ignored a Dec. 24 deadline.
The Japanese firm was ordered by South Korea’s Supreme Court in October to pay 400 million won (about $350,000) to four South Koreans over forced labor during Japanese colonial rule between 1910 and 1945.
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