South Korea's Supreme Court on Thursday sent SK Group Chairman Chey Tae-won's high-profile divorce case, which required him to pay a record settlement, back to a lower court for review, handing the billionaire businessman a temporary victory.

Last year, the Seoul High Court said Chey should pay 1.38 trillion won ($972.5 million) to his estranged wife, Roh So-yeong, as part of their planned divorce.

In addition to what would have been the country's largest divorce settlement, the Seoul High Court also ordered Chey to pay Roh 2 billion won in alimony. Chey contested the orders.