Lone Star’s Tax Refund Battle Reignites as South Korea’s Supreme Court Orders Retrial

SEOUL, April 26 (Korea Bizwire) —  South Korea’s Supreme Court has overturned a lower court ruling that ordered the government and the Seoul Metropolitan Government to refund 168.2 billion won (approximately $116 million) in taxes to U.S. private equity firm Lone Star Funds, sending the case back for retrial. According to legal sources on April 25, [...]