Update: (copied from a Korean website)

Laundry Involved in Missing Pants Case Closes Shop

September 20, 2007 – 9:42 am

The Chungs who ran the laundry involved in the US$54 million missing pants lawsuit have decided to close shop.

The reason for the closing, according to their lawyer, are mental stress resulting from the lawsuit and declining revenues.

Although former judge Pearson never won the case in court, he did win in the end by driving the Chungs out of business. Not a good day for the little guy.