Spackman Entertainment chief in cross-border legal battle
HK-based Charles Spackman may have to pay some US$12m to a Korean investor if a lawsuit filed against him in HK succeeds
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Hong Kong
CHARLES Spackman, the Hong-Kong-based executive chairman and chief executive officer of the Singapore-Exchange-listed Spackman Entertainment Group, may have to pay some US$12 million to a Korean investor if a lawsuit filed against him in Hong Kong is successful.
The litigation in Hong Kong is the centrepiece of a cross-border legal battle that started in South Korea more than a decade ago, and has since extended to Bermuda and the United States, even entangling the wealthy businessman's alma mater, Harvard University in the chase to trace Mr Spackman's assets.
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