Government Fully Recovers approx. KRW 9.6 Billion (USD 6.50 Million) in Costs from Schindler ISDS Case
- Swift Recovery Within One Month of the Award, Marking a Complete Victory -
- Largest Recovery of Costs in Korean Government ISDS History -
Yesterday(April 15, Wednesday)*, the Government of the Republic of Korea completed the full recovery of approximately KRW 9.6 billion (USD 6.50 million) in costs incurred in the investor–state dispute settlement (ISDS) proceedings, with payment received in full from Schindler.
* in installments from April 10 (Friday) through yesterday (April 15, Wednesday)
<※ For more details, please refer to the attached file>