The Korean public has been in outrage over the matter for more than a decade, claiming that the case was an international “fraud” committed by an overseas private equity firm.
An international tribunal declared an end to all proceedings in a multi-billion dollar suit the US private equity firm Lone Star filed against South Korea’s government 10 years ago.
En junio de 2018, el CIADI ordenó al Gobierno de Seúl que pagara a la familia Dayyani unos 63 millones de dólares, pero el pago no se ha realizado debido a las sanciones de EE. UU. sobre Irán.
En juin 2018, le CIRDI a ordonné au gouvernement de Séoul de payer à la famille Dayyani environ 63 millions de dollars, mais le paiement n’a pas été effectué en raison des sanctions américaines imposées contre l’Iran.
According to sources related to the Lone Star ISD, the tribunal is expected to give a final ruling on Lone Star versus the Korean government case that has dragged on for nine years within the first half.
SK Innovation is considering initiating international arbitration proceedings against the Peruvian government for blocking the company’s exit from Camisea Gas Project in Peru.
The South Korean government has opted for an international arbitration over its longstanding dispute with Lone Star Funds after it turned down the US fund’s final $870-million out-of-court settlement proposal.