Region: South Korea

South Korea’s national oil company has lodged an ICSID claim against Nigeria over an oil and gas enterprise.

09 June 2023

An Omani engineering company has agreed to settle an ICC dispute with a Hyundai affiliate over delays to a billion-dollar sewage treatment plant in Muscat. 

02 June 2023

The Singapore International Arbitration Centre is hearing a dispute between two Asian private equity firms over the cancellation of a billion-dollar acquisition of a manufacturing business.

20 April 2023

Korean firm Lee & Ko has promoted Bami Yoo and Elizabeth Shin to the partnership – the fourth and fifth female practitioners in a row to be made partner in its international arbitration team.

23 March 2023

A Korean shipbuilder has reportedly agreed to pay to settle a dispute with Japanese oil and gas producer Inpex that gave rise to a US$970 million ICC case.

17 February 2023

Watson Farley & Williams has opened a Seoul office following the hire of disputes partner Philip Kim from Herbert Smith Freehills, shortly after Ashurst launched its own practice in the South Korean capital.

08 February 2023

A dispute between a Korean state utility and its former US partner over rights to nuclear reactor technology is headed to arbitration in Seoul, as the parties compete for lucrative projects in Europe and the Middle East.

18 November 2022

Pakistan is reportedly seeking outside counsel to defend it in an LCIA claim by a South Korean joint venture over a hydropower project that has already led to two other arbitrations.

16 November 2022

A Korean construction company has defeated a US$2.5 billion ICC claim by a New York developer that said it was fraudulently ousted from a joint venture to build a sustainable city near Seoul – a dispute that also spawned the threat of an ICSID claim. 

01 November 2022

UPDATED: A South Korean investment firm has launched a SIAC claim after pulling out of a deal to acquire a landmark development in Seoul’s financial district for nearly US$2.8 billion. 

26 September 2022