ICSID Archives | Be Korea-savvy

Samsung Engineering Settles Dispute with Oman, ISDS Withdrawn

SEOUL, Jan. 29 (Korea Bizwire) – Samsung Engineering’s longstanding dispute with the government of Oman has been resolved, and industry insiders expect the resolution to lead to increased business activity between the two down the road. According to industry watchers, the court at the International Centre for Settlement of Investment Disputes (ICSID) handling Samsung Engineering’s [...]

Korean Construction Contractor Demands Compensation to Chinese Gov’t through ICSID

SEOUL, Nov. 10 (Korea Bizwire) — A mid-sized Korean construction company has raised a lawsuit against the Chinese government for violating investment contract terms. This is the first time for a Korean firm to resort to the international investment dispute settlement mechanism to try to get compensation from the Chinese government. The Washington, D.C.-based International Center for [...]