Organisation: Lone Star

Jun Hee Kim, a former co-head of international arbitration for Asia at White & Case, has joined Arnold & Porter Kaye Scholer as a partner in its new Seoul office.

20 May 2019

A Korean banking group has defeated an ICC claim reportedly worth US$1.4 billion brought by US private equity firm Lone Star Funds – which continues to pursue a related multibillion-dollar ICSID claim against the Korean state.

15 May 2019

Seoul-based boutique KL Partners has hired former Kim & Chang partner Young-Suk Park from a Korean investment and venture capital firm.

05 November 2018

After a run of treaty claims against it, South Korea has unveiled revisions to the investor-state dispute settlement clause of its free trade deal with the US – including amendments doing away with the concept of legitimate expectation and prohibiting parallel cases relating to the same alleged measures or arising from the same events.

06 September 2018

A US citizen has filed a claim against South Korea at the Hong Kong International Arbitration Centre, understood to be the institution’s second investment treaty case following a first one filed earlier this year.

08 August 2018

Swiss-based elevator maker Schindler has threatened a US$264 million ICSID claim against South Korea over a capital increase by Hyundai's elevator business.

23 July 2018

In what has been reported as the first loss for South Korea in an investment treaty case, the family behind an Iranian consumer electronic group has been awarded US$68 million – 99% of the total sum sought – for South Korea's termination of a deal for the purchase of the bankrupt Daewoo Group.

08 June 2018

A US hedge fund that pursued Argentina for billions of dollars over sovereign debt default has threatened to bring an investor-state claim against South Korea over its role in a US$8 billion merger between two Samsung affiliates, while North Korea also faces an offer to arbitrate over its treatment of Otto Warmbier.

01 May 2018

Marinn Carlson has taken over the leadership of investment arbitration at Sidley Austin as her former colleague Stanimir Alexandrov, who steered that practice as well as co-leading the wider international arbitration group, goes solo.

31 August 2017

Bae Kim & Lee's Kap-You (Kevin) Kim has been named as the first chair of the Korean Commercial Arbitration Board’s international arbitration committee.

20 June 2017