South Korea’s Constitutional Court on Thursday overturned a law that made adultery a crime, saying it violates the East Asian nation’s constitution.
“The precondition of human dignity and right to pursue happiness is for each individual to have their rights to choose their fate,” the court ruled, saying that one’s sex life is private. “And the rights to choose their fate includes rights to be engaged in sex and choosing the partner.”
Up until then, anyone who cheated on their spouse could be charged and, if convicted, spent up to two years in prison. The same penalty also applied to “the one who fornicated with the” cheating spouse, according to the Constitutional Court’s website.
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It’s impossible to definitively say why, but Undius’ stock price did jump suddenly about 25 minutes after the decision came out. By day’s end, it was up a shade under 15% from Wednesday.
CNN’s K.J. Kwon reported from South Korea, and CNN’s Greg Botelho wrote this story from Atlanta.
