All posts tagged "Lone Star"

  • Seoul Central District Court. (Yonhap)
    Top court orders retrial for Lone Star

    SEOUL (Yonhap) — South Korea’s top court Sunday ruled in favor of a U.S. buyout fund in a lawsuit involving the expenses for the liquidation of a joint firm between Lone Star and the state-run Korea Deposit...

    • Posted November 17, 2015
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  • (Korea Times file)
    S. Korean watchdog head gets 2 yr prison sentence for Loan Star bribes

    SEOUL (Yonhap) — A local court sentenced the head of a private watchdog to two years in prison for taking bribes from Lone Star Funds in return for dropping protests over the U.S. firm’s local deal and...

    • Posted August 13, 2015
    • 1
  • Union members of Korea Exchange Bank shout slogans during a rally in front of Financial Services Commission in Seoul, South Korea, Friday, Nov. 18, 2011. The Korean read "Defend, Foreign Exchange Bank." (AP Photo/Lee Jin-man)
    [WSJ] What’s At Stake: South Korea vs Lone Star Funds

    — An ongoing arbitration case in Washington D.C. between South Korea and Lone Star Funds may be the final chapter of a bitter dispute spanning more than a decade. However, the heat of argument surrounding...

    • Posted June 29, 2015
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  • Union members of Korea Exchange Bank shout slogans during a rally in front of Financial Services Commission in Seoul, South Korea, Friday, Nov. 18, 2011. The Korean read "Defend, Foreign Exchange Bank." (AP Photo/Lee Jin-man)
    [WSJ] Lone Star Case Revives Questions About Investment in Korea

    – One of the most closely scrutinized corporate deals in South Korea’s recent history is heading into overtime, resurrecting questions about the country’s openness to foreign investment. Arbitration between Dallas-based Lone Star Funds and...

    • Posted May 15, 2015
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  • (Korea Times file)
    $4.68B Lone star versus Korea hearing begins in Washington DC

    WASHINGTON, May 15 (Yonhap) — An international tribunal began hearing a multi-billion dollar case Friday that the U.S. private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs...

    • Posted May 15, 2015
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  • (Korea Times file)
    $4.7 bln Lone Star case will begin next week

    Briton to handle $4.7 billion litigation against Korea By Jung Min-ho V.V. Veeder, a British national, has been appointed as the presiding arbitrator for a 5-trillion-won international litigation between the Korean government and Lone Star Funds, sources...

    • Posted May 5, 2015
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  • Lone Star
    Civic groups urge probe into KEB-Lone Star damages deal

    SEOUL (Yonhap) — Local civic groups said Tuesday they have asked the financial regulator to look into allegations that Korea Exchange Bank (KEB), South Korea’s fifth-largest bank, paid the majority of damages its American stakeholder was ordered...

    • Posted February 3, 2015
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