Legal News

Samsung and LG Drop All Their Legal Wrangles
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

samsung lg drop disputes

Summary: The two South Korean companies, Samsung and LG, have agreed to drop all their legal disputes against each other.

Samsung Electronics Co Ltd and LG Electronics Inc have perhaps realized that their various legal disputes appear, to outsiders, exorbitant, if not ridiculous. This may be why they announced Tuesday their intention to end all legal disputes, beginning with the notorious bit of noise regarding a set of damaged washing machines.

  
What
Where


The washing machine incident has been withdrawn after LG appliances chief Jo Seong-jin was indicted for intentionally damaging Samsung washing machines in a retail store last September. The dispute has gotten a tad petty with the companies arguing over how many machines were damaged. YouTube footage uploaded by LG did not solve the matter in Samsung’s eyes; they claimed the videos were heavily edited.

So they are ending this ruckus, as well as disputes over who has the greater refrigerator capacity, and which the largest air-conditioning market share.

“Both sides have agreed to avoid legal action and resolve any future conflicts or disputes through dialogue and mutual agreement,” the companies said.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Not only will they drop their disputes, but they are asking legal authorities to avoid harsh punishments in the cases that are already underway.

News Source: Reuters





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-SC-Columbia

Columbia office is seeking a commercial litigation attorney with 2-4 years of experience.

Apply Now

Attorney with 3-7 years of commercial/complex litigation experience

USA-CA-Cerritos

Cerritos office of our client seeks attorney with 3-7 years of commercial and complex litigation exp...

Apply Now

Insurance Coverage Associate Attorney

USA-IL-Chicago

Chicago office of our client seeks associate attorney with insurance coverage experience. The candid...

Apply Now

Patent Agent with 1 year of electrical engineering experience

USA-CA-San Francisco

San Francisco office of our client seeks entry level patent agent with 1 year of experience. The can...

Apply Now

RELEVANT JOBS

Corporate / Commercial Attorney | Lebanon, NH

USA-NH-Lebanon

Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Executive Assistant / Office Administrator

USA-TX-Rosenberg

If you have administrative support experience in the legal industry, or even paralegal expertise,...

Apply now

Associate - Mid-Level - GL Group

USA-NY-Valhalla

Defense firm seeking mid-level associate for Westchester office to fill General Liability position. ...

Apply now

Mortgage Compliance Analyst

USA-MN-Minnetonka

Job Description: Rubicon Mortgage Advisors LLC, a locally-owned, boutique mortgage lender is seeki...

Apply now

SEARCH IN ARCHIVE

To Top