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flag A UK court overturned part of an arbitration award requiring South Korea to pay Elliott $107.8 million over a 2015 Samsung merger.

flag A UK High Court judge has overturned part of an international arbitration award requiring South Korea to pay U.S. hedge fund Elliott $107.8 million over a 2015 Samsung merger, clearing the way for a new review of the case. flag The ruling, which dismissed claims tied to the National Pension Service’s role, follows South Korea’s challenge to the tribunal’s jurisdiction under the U.S.-South Korea Free Trade Agreement. flag The decision, welcomed by Seoul as a "valuable victory," comes amid broader efforts to strengthen its legal defense in investor-state disputes, including plans to create an international legal bureau. flag The case had previously been revived after the UK Court of Appeal ruled in South Korea’s favor in 2025.

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