-
North Korea's Oil Minister Pae Hak is currently in Tehran, according to Pyongyang's state media.
WSJ: North Korea Reaffirms Commitment to Nuclear Program
-
North Korea's Oil Minister Pae Hak is currently in Tehran, according toPyongyang's state media.
WSJ: North Korea Reaffirms Commitment to Nuclear Program
-
Online technology journal Ars Technica has shined a spotlight on some of these PAE litigation threat campaigns.
FORBES: A Judicial Solution To Non-Practicing Patent Holders' Suits Vs. End Users?
-
But Mr Pae is not the first American citizen to be arrested or tried in North Korea.
BBC: US urges N Korea to grant amnesty to Kenneth Bae
-
Last month, North Korea arrested a US citizen of Korean origin, Pae Jun Ho, for unspecified alleged crimes.
BBC: US cool on Google's Eric Schmidt visiting North Korea
-
Another story focuses on how a Luxembourg-based PAE is suing cash-strapped public transit systems over their use of vehicle-tracking systems.
FORBES: A Judicial Solution To Non-Practicing Patent Holders' Suits Vs. End Users?
-
Mr Pae, believed to be a tour operator of Korean descent, is the sixth American detained in North Korea since 2009.
BBC: North Korea to issue verdict on US citizen
-
Some were tried and sentenced to hard labour like Mr Pae.
BBC: US urges N Korea to grant amnesty to Kenneth Bae
-
It is not clear what sort of sanction Mr Pae, 44, might face, although North Korea's criminal code provides for life imprisonment or the death penalty for similar offences.
BBC: North Korea to issue verdict on US citizen
-
But as markets settle, if not into equilibrium then into a more accepting perspective of a longer-term period of turmoil, expect investment activity in property to quickly pick up the pae.
FORBES: It's Only a Market
-
So, while it may seem like another irritant to relations with Washington, the announcement of Mr Pae's conviction might actually be an attempt to draw US negotiators - even unofficial ones - to Pyongyang.
BBC: US urges N Korea to grant amnesty to Kenneth Bae