Swiss elevator maker, Schindler Group, has officially filed for an investor state dispute settlement against the Korean government seeking US$300 million in compensation for losses over its approval of paid-in capital increase of Hyundai Elevator
The Moon Jae-in administration’s campaign to "root out archaic irregularities" appears to have backfired as global private equity funds are rushing to file investor-state dispute settlements.
La Corée du Sud a dévoilé les clauses révisées de son accord de libre-échange avec les Etats-Unis et recueillera des opinions publiques sur ce dernier avant de le soumettre à l’Assemblée nationale.
South Korea will collect public opinions on the recently revised free trade agreement with the United States before sending it to the parliament for approval.
Schindler filed a notice of intent for arbitration on July 11. Under the ISD procedure, if the issue is not resolved through settlement in 90 days, the investor can take the case to the international tribunal.
US-based hedge fund Elliott Associates has officially filed for an investor-state dispute settlement against the South Korean government seeking $770 million in compensation for the merger between two Samsung Group affiliates.
Le fonds d’investissement américain Elliott Associates a saisi une instance internationale au sujet de la fusion controversée de deux filiales du géant Samsung pour réclamer à la Corée du Sud près de 800 millions de dollars de dommages et intérêts.
South Korea is seeking to cancel a recent investor-state dispute settlement decision by an international tribunal in which the government was asked to compensate US$65 million to an Iranian company.