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IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA

LSF-KEB Holdings SCA,

Petitioner,

v.

Republic of Korea,

Respondent.

Case No. 1:23-cv-1911

ORDER

Upon consideration of the Party’s Joint Motion to Stay, it is hereby ORDERED that (i) this matter is stayed until termination of the stay of enforcement of the arbitration award in LSF-KEB Holdings SCA and others v. Republic of Korea, ICSID Case No. ARB/12/37 (“Award”) that is presently in place in the annulment proceeding before the International Centre for Settlement of Investment Disputes, and (ii) the parties shall file a further joint status report at such time as the ad hoc Committee appointed by the Chairman of the ICSID Administrative Council issues a ruling on Korea’s pending request to continue the ICSID stay of enforcement of the Award for the duration of the ICSID annulment proceeding. Unless the stay already has been lifted in this matter, the parties shall file a Joint Status Report by January 10, 2024, which provides an update on the ICSID proceedings.

2023.11.10
08:56:39 -05’00’

United States District Court
District of Columbia