Fact Source: Financial Supervisory Service DART
Market: KOSPI (015760)
💡 3-Second Summary
KEPCO announced that Korea Hydro & Nuclear Power withdrew its arbitration case at the London Court of International Arbitration following a mutual agreement to transfer the venue to the Korean Commercial Arbitration Board.
📊 Key Disclosure Content & Financial Highlights
• Disclosure Title: Judgment or Decision on Legal Proceedings
• Case Title: Arbitration regarding the Operation Support Service Agreement for the UAE Nuclear Power Plant Project
• Case Number: LCIA Arbitration No: 256584
• Claimant: Korea Hydro & Nuclear Power Co., Ltd.
• Jurisdiction Court: London Court of International Arbitration (LCIA)
• Judgment/Decision Details: Withdrawal of arbitration via mutual agreement (arbitration to proceed at the Korean Commercial Arbitration Board)
• Decision Reason: Submission of mutual agreement between parties to change the jurisdiction court
• Judgment Amount: – (Not specified due to withdrawal via mutual agreement)
• Total Equity: KRW 49,322,943,787,753 (KRW ~49.3T, based on 2025 consolidated financial statements)
• Ratio to Equity: –
• Large Corporation Status: Yes
• Judgment/Decision Date: June 22, 2026 (Date when LCIA determined the termination of the arbitration procedure)
• Confirmation Date: June 22, 2026 (Date when the company confirmed the termination of arbitration from LCIA)
• Other Key Notes:
- As both parties agreed to change the venue from LCIA to the Korean Commercial Arbitration Board (KCAB), the case pending at LCIA was withdrawn.
• Related Disclosures:
- May 08, 2025: Filing of Legal Proceedings
- May 22, 2026: Filing of Legal Proceedings
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Venue Transfer and Subsequent Arbitration Progress
This filing reports the withdrawal of the case previously pending before the London Court of International Arbitration (LCIA) following a mutual agreement to change the venue to the Korean Commercial Arbitration Board (KCAB). Because the withdrawal reflects a change of jurisdiction rather than a final conclusion of the dispute, tracking the subsequent proceedings before KCAB is important for understanding the continuity of the matter. Relevant details can be verified through subsequent periodic official filings and future disclosures.
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