Schindler Holding AG (Switzerland) v. Republic of Korea

Schindler Holding AG initiated these proceedings against the Republic of Korea on 10 October 2018 pursuant to Article 16 of the Agreement on Investment between the Republic of Korea and the Republic of Iceland, the Principality of Liechtenstein, and the Swiss Confederation and the UNCITRAL Arbitration Rules 1976.  The PCA acts as registry for this arbitration.

Case information

Name(s) of Claimant(s) Schindler Holding AG (Switzerland) (Private entity )
Name(s) of Respondent(s) Republic of Korea (State)
Names of Parties -
Case number 2019-44
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Manufacturing
Procedural rules UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

[Multilateral treaty]

Language of Proceeding English
Seat of Arbitration (by Country) France
Arbitrator(s), Conciliator(s), Other Neutral(s)

Mr. Laurence Shore 

Ms. Loretta Malintoppi

Neil Kaplan CBE QC SBS

Representatives of the Claimant(s)

Stephen Jagusch QC

Mr. John Rhie

Mr. Duncan Watson

Mr. Tom Brebner

Mr. Odysseas G. Repousis

Ms. Lillian Li

Quinn Emanuel Urquhart & Sullivan, LLP


Mr. Byung-Chol Yoon

Mr. Sup-Joon Byun

Mr. Wonil Chang

Kim & Chang

Representatives of the Respondent(s)

Mr. Paul Friedland

Mr. Damien Nyer

Mr. Sven Volkmer

Mr. Surya Gopalan

Ms. Joy Lee

White & Case LLP


John P. Bang

Junu Kim

Woojae Kim

Sejin Kim

Bae, Kim & Lee LLC


Changwan Han, Director

Heungsae Oh, Prosecutor

International Legal Affairs Division, Ministry of Justice

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 10 October 2018
Date of issue of final award -
Length of Proceedings -
Additional notes

10/10/2018:  Notice of Arbitration

17/01/2019:  Tribunal constituted

05/03/2019:  Terms of Appointment adopted

25/10/2019:  Case Management Teleconference

25/11/2019:  PCA appointed as Registry

02/01/2020:  Tribunal issues Procedural Order No. 1

24/01/2020:  Claimant submits Statement of Claim

05/06/2020:  Respondent submits Statement of Defence