Seoul, Nov 18, 2025 (AFP) - South Korea says $216 mn payout in Lone Star dispute overturned

NAMPA / AFP

2025-11-18

South Korea said Tuesday it had overturned an order to pay hundreds of millions of dollars to US private equity firm Lone Star after a dispute panel ruled in its favour. The decision by the International Centre for Settlement of Investment Disputes (ICSID), part of the Washington-based World Bank, effectively nullifies its 2022 ruling in the 13-year dispute. Texas-based Lone Star argued that alleged government interference in attempts to sell its......

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Law & Politics

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