no individual action had caused the bridge to collapse. Between the appeals court ruling and the Supreme Court ruling, one defendant died. On November 28, 1997, the Supreme Court upheld the convictions of all 16 defendants and accepted the lower court's ruling that the Dong Ah Construction Industrial Company was guilty of criminal negligence in its poor construction of the bridge. Aftermath Following the disaster, Prime Minister Lee Yung-Dug () offered his resignation, but President Kim Young-Sam declined, stating that changing safety measures was more important than changing people. In contrast, the resignation offer of (), the Mayor of Seoul, was accepted at 7 p.m. that day. He would be replaced by Governor of North Gyeongsang Province () on October 31, before being replaced again by Choi Byung-ryeol () 11 days later, when it was revealed that Woo had been when questions had been raised about the safety of the bridge. President Kim held a cabinet meeting on October 23, calling for the elimination of deficient construction companies from the industry and the revision of construction laws to increase the depth and breadth of inspections. The next day, President Kim appeared on national television in his second official apology of his term. In his address, he would state that the rapid development of South Korea since the 1960s had brought both positive and negative outcomes, and that the government would promise to minimize all risks. He then apologized, saying that the disaster was the result of his own lack of virtue and that he recognized the issues in the management system brought to light by the collapse. Nevertheless, the Sampoong Department Store collapse would occur just nine months later, becoming the deadliest peacetime disaster in South Korean history. The recurrence of major disasters during the Kim Young-Sam administration gave his government the popular nickname the "" (). In response to the disaster, opposition parties in the National Assembly raised motions of no confidence against Kim's cabinet which were voted down. The Seoul Citizen's Day () celebrations set for the week after the bridge collapse were postponed. On November 30 of that year, newspaper clippings documenting the disaster were included in the () which marked the 600th anniversary of the capital city of Seoul. Following the trial, the () filed for bankruptcy on November 10, 2000, and would dissolve 6 months later, on May 11, 2001. Compensation The Cabinet paid 4