Yonhap Infomax NewsJun 20, 2025
Elliott Management has confirmed its loss in a 26.7 billion won ($19.3 million) lawsuit against Samsung C&T, as the US hedge fund dropped its appeal over delayed damages related to the 2015 merger with Cheil Industries.
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Elliott Drops Appeal in Samsung C&T Payment Lawsuit—Loss Confirmed

Elliott Management has confirmed its loss in a 26.7 billion won ($19.3 million) lawsuit against Samsung C&T, as the US hedge fund dropped its appeal over delayed damages related to the 2015 merger with Cheil Industries.

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