A lawyer whose firm is representing investors in a lawsuit against MBK Partners has called on the financial company to settle debts owed to those who invested in asset-backed bonds tied to Home Plus, South Korea’s struggling discount store chain.
The lawyer’s appeal comes as part of an ongoing legal action initiated by investors who suffered losses due to their involvement with the asset-backed bonds associated with Home Plus.
MBK Partners is being urged to take responsibility for the financial obligations arising from these investments.
The situation highlights the complexities and risks associated with asset-backed financial products, particularly when linked to troubled retail businesses like Home Plus.
