Region: South Korea

UK supermarket chain Tesco says it has been held liable in an arbitration over the US$6 billion sale of its Korean retail business.

15 April 2021

South Korea’s largest energy producer is counterclaiming for US$880 million in two pending ICC arbitrations relating to technology licences – accusing the US fuel cell manufacturer that filed the cases of fraud and breach of contract.  

19 October 2020

Investors in a South Korean insurance provider are pursuing a US$2 billion ICC claim against its chief executive officer after the insurer failed to carry out an initial public offering.

30 April 2020

A scandal in Korea over the mislabelling of a gene therapy treatment for osteoarthritis has intensified after it emerged in an ICC arbitration that the product’s developer was allegedly aware two years ago that its ingredients had changed.

17 September 2019

03 May 2011