2012
LSF-KEB v. Korea LSF-KEB Holdings SCA and others v. Republic of Korea (ICSID Case No. ARB/12/37)
Korea, Republic of
Belgium

Luxembourg
Majority shareholding in a South Korean financial institution; shareholding in Seoul’s Star Tower; interests in an engineering and construction manufacturer.
Claims arising out of the alleged failure by Korean regulatory authorities over a period of several years to approve the purchase by third parties of claimant’s stake in Korea Exchange Bank, and the alleged imposition of arbitrary capital gains taxes on the sale by Korean tax authorities.
Tertiary: F - Construction
Tertiary: K - Financial and insurance activities
Tertiary: L - Real estate activities
42 - Civil engineering
64 - Financial service activities, except insurance and pension funding
68 - Real estate activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Veeder, V. V. (replaced)
Brower, C. N.
Stern, B.
Binnie, I.
Decision on Respondent's request to address the objections to jurisdiction as a preliminary question dated 23 December 2013
4700.00 mln USD
Data not available
Data not available
Pending
None