A South Korean court has approved a request to seize Mitsubishi Heavy Industries' trademark and patent assets. <br />The decision, made by a district court in Daejeon on Monday ,...comes after the Japanese firm refused to heed an earlier order by the Supreme Court to compensate victims of wartime forced labor.<br />Mitsubishi will be barred from exercising two trademark rights and six patents,...which is worth around 700-thousand U.S. dollars. <br />It has now become the second Japanese company to get slammed by a South Korean court.<br />Nippon Steel and Sumitomo Metal Corporation were stripped of their assets in January for not compensating victims of forced wartime labor. <br />
