The Investor-State Dispute Settlement Mechanism Arbitration Court ruled on the “US Hedge Fund Elliott Claim Case against the South Korean Government” on the 30th of last month, ruling that the South Korean government lost the lawsuit, compensated Elliot 48.49 million US dollars and paid corresponding overdue interest. The arbitral tribunal overturned the Korean government's ruling in favor of the lawsuit handed down by the British court in February of this year after a lapse of 7 months. The arbitral tribunal determined that the Korean government intervened in the merger of Samsung Products and Daiichi Woolen in 2015 to force the largest shareholder to vote in favor, causing losses to Elliot, and issued a ruling containing the above.

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