Schindler v. Korea Schindler Holding AG v. Republic of Korea (PCA Case No. 2019-44)
Korea, Republic of
Minority shareholding in Hyundai Elevator Co. Ltd.
Claims arising out of the government authorities’ alleged failure to exercise financial oversight related to Hyundai Elevator’s share capital increases and other measures taken by the controlling shareholders, including the ultimate use of the corporate funds. Such actions allegedly caused significant impairments to the claimant’s participation rights in Hyundai Elevator as the second largest shareholder.
Secondary: C - Manufacturing
28 - Manufacture of machinery and equipment n.e.c.
PCA (Permanent Court of Arbitration)
Shore, L.
Malintoppi, L.
Kaplan, N.
300.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims