The remand retrial ruling for the property division lawsuit between SK Group Chairman Chey Tae-won and Art Center Nabi Director Roh Soh-yeong will be held at 2:00 PM today (July 24) at the Seoul High Court.

The appellate court previously ordered Chairman Chey to pay 2 billion won in alimony and 1.3808 trillion won in property division, taking into consideration that 30 billion won in slush funds from former President Roh Tae-woo, Director Roh's father, flowed into SK Group.

In response, the Supreme Court overturned the appellate ruling last year and sent the case back, stating that the former president's slush funds were illegal funds and cannot be seen as a contribution by Director Roh.