August 01, 2011 07:47
Singer Seo Tai-ji and actress Lee Ji-ah have reached a settlement after a six-month lawsuit following their divorce in the U.S. in 2006.
According to the Seoul Family Court on Friday, the two came to an agreement on alimony and division of assets. As the divorce in the U.S. was legally flawed, another divorce procedure was required, Lee's management agency KeyEast said. To prevent any further misunderstanding and rumors about the agreement, the firm revealed its entire content with the consent of both parties, it added.
The agreement bars both parties from pursuing further claims against each other or disclosing any documents relating to their relationship to third parties or using them for commercial purposes. If either party publishes a book about their marriage, they are liable to a payment of W200 million to the other (US$1=W1,054).
Lee sued Seo in January for W500 million in alimony and a W5 billion share of his assets. In April, Lee withdrew her suit, but Seo contested the withdrawal in May to clear his name.
The two married in the U.S. in 1997 and Lee filed for divorce in 2006.
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