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Korea Emerges With ‘Zero Liability’ in Decades-Long Fight With Lone Star

Korea Emerges With ‘Zero Liability’ in Decades-Long Fight With Lone Star

SEOUL, Nov. 18 (Korea Bizwire) — South Korea has secured a decisive victory in its protracted legal war with Lone Star Funds, closing a contentious chapter that has shaped the country’s financial and political landscape for more than two decades. The U.S. private equity firm—long criticized in Korea as a predatory “vulture fund”—first entered the market [...]