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South Korea Nixes $48.5M Award In Samsung Merger Case

By Sophia Dourou ( July 17, 2025, 3:20 PM BST) -- South Korea has overturned a $48.5 million arbitral award that favored hedge fund Elliott Associates following a government bribery scandal allegedly behind a $2 billion merger of two Samsung affiliates, as an appeals court held Thursday that the tribunal lacked jurisdiction over the dispute....

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