Representing Elliott in its claims against the Republic of Korea for breaches of the United States-Korea Free Trade Agreement in relation to the 2015 merger of Samsung C&T and Cheil Industries, two entities of the Samsung group. The parties’ dispute also relates to the bribery and corruption scandal involving Samsung heir Jae-yong Lee and former Korean President Geun-hye Park, which ultimately led to President Park’s impeachment and removal from office. The case is currently ongoing and has the potential to become one of the leading cases on State corruption in the investment context.
26 June 2020