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Korea Wins Arbitration Against Chinese Investor | South Korea News
South Korea just secured a major legal victory in an investor-state dispute, shutting down a Chinese investor’s last-ditch bid for compensation after years of legal battles over defaulted loans and illegal financing schemes. The investor, Min Fengzhen, had pledged shares as collateral, which Woori Bank seized and sold after default — a move Korean courts upheld. Min then took Korea to ICSID, initially demanding two trillion won, later slashing it to 264 billion, claiming treaty violations. Korea countered that the investment was tied to Min’s criminal conviction for bribing bank employees…
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