Korea
Kyunghyang Shimun | 1-Feb-2013
The Korean government is fighting a ISD suit by US based private equity fund Lone Star. The ISD suit was established through Lone Star’s paper company in Belgium and initiated through an investment treaty between Belgium and South Korea.
Kyunghyang Shimun | 1-Feb-2013
The article discusses a blunder in the Korean government in failing to include an anti-paper company clause that is now allowing companies to use the Belgium investment treaty as a backdoor for ISD suits.
Xinhua | 21-Jan-2013
The finance ministry said that the South Korean government rejects Lone Star’s accusations regarding this dispute, noting that the government has been preparing for trial. It added that the government will pay full attention to the arbitration proceedings and will aggressively defend its self against Lone Star’s unjust accusations.
| 5-Jun-2012
In a May 31 press release, the US private equity fund Lone Star said it was planning to request investor state dispute (ISD) arbitration for losses suffered due to "unlawful" interference by the South Korean government.
keywords:
Belgium ,
ICSID ,
investment | BITs ,
investor-state disputes | ISDS ,
Korea ,
Luxembourg ,
US
| 4-May-2012
Assistant U.S. Trade Representative Wendy Cutler ruled out renegotiation of the Korea-U.S. free trade agreement on Thursday, saying the deal had been in effect for just six weeks. Her comments foreshadowed a tough time for the Korean government’s efforts to revise the investor-state dispute settlement system under the accord.
The Hankyoreh | 30-Apr-2012
Controversial KORUS FTA clause could lead to ‘legal chaos’, says Korea’s top legal body
| 6-Apr-2012
India plans to abolish the investor-state dispute system and renegotiate FTAs with South Korea, Singapore, and other countries, an Indian newspaper reported.
The Hankyoreh | 3-Jan-2012
The experiences of former judge Abner Mikva, an arbitrator in a NAFTA dispute, demonstrate how he was pressured to favor the interests of the American establishment
| 6-Dec-2011
Canadian company, the Loewen Group has found itself embroiled in a legal battle after investing in a U.S. funeral home project. Loewen was charged by the Mississippi state court with violating its contract.
| 4-Dec-2011
Judges are currently involved in a heated online and in-person debate over comments about the South Korea-U.S. Free Trade Agreement made by Incheon District Court Senior Judge Kim Ha-neul.
