S. Korea Ordered to Pay Lone Star US$216.5 mln in Investor-state Suit
SEOUL, Aug. 31 (Korea Bizwire) — An international tribunal ordered South Korea to pay the U.S. private equity firm Lone Star Funds US$216.5 million plus interest, officials said Wednesday, bringing an end to a decadelong legal battle surrounding its sell-off of a local bank. South Korea said it cannot accept the decision and will actively [...]