An international tribunal ordered Korea on Thursday to pay 43.8 billion won ($32 million) in compensation to U.S.-based hedge fund Mason Capital in an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates, the justice ministry said.
An international tribunal ordered South Korea on Thursday to pay 43.8 billion won ($32 million) in compensation to US-based hedge fund Mason Capital in an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates, the justice ministry said. The Permanent Court of Arbitration (PCA) in the Netherlands issued the decision nearly six years after the New York-based fund brought the i.
Samsung Electronics Chairman Lee Jae-yong on Friday visited Samsung Biologics, a biotech drug unit of Samsung Group, marking his first local schedule since he was acquitted in connection with the controversial 2015 merger of two affiliates.
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