Samsung merger-dispute S. Korea lodges suit to reverse PCA's compensation order in dispute with Elliott SEOUL, July 18 (Yonhap) -- The government has filed a suit to reverse an international tribunal's order to pay nearly US$100 million in damages to hedge fund Elliott Investment Management in a dispute stemming from the controversial 2015 merger of two Samsung Group affiliates, officials said Tuesday. Last month, the Permanent Court of Arbitration (PCA) in the Netherlands delivered the verdict in the investor-state dispute settlement (ISDS) suit that the New York-based activist fund filed in 2018, demanding compensation of $770 million from the South Korean government.
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