The South Korean government has held its first meeting with the American activist hedge fund Elliott Management,... which is claiming 640 million U.S. dollars in damages from Seoul.<br /> Elliot accuses the government of meddling in the 2015 merger of Samsung C&T and Cheil Industries.<br />The first meeting was held via video conference as both sides were unable to even agree on a location for the talks.<br /> The hedge fund, which held a roughly seven percent stake in Samsung C&T,... filed an Investor State Dispute against the South Korean government for the losses it said it suffered. <br />It alleges that government officials, including jailed former President Park Geun-hye, unlawfully intervened in the merger. <br />
