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Arbitral tribunal orders South Korea to pay 113 million dollars

An international arbitral tribunal reaffirmed South Korea s financial liability awarding hedge fund Elliott approximately 113 million US dollars following government intervention in the 2015 Samsung…

  • South Korea ordered to pay $113 million in arbitral tribunal decision
  • Forced shareholder vote in Samsung merger case breached U.S.-Korea FTA
  • ROK's delays and challenges increased total burden by $18.9 million

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