The International Center for Settlement of Investment Disputes(ICSID) will rule Wednesday on whether South Korea is required to pay private equity firm Lone Star approximately 216-point-five million U.S. dollars. 

The justice ministry made the announcement Tuesday after receiving the news from ICSID's annulment committee.

In August 2022, the international investment dispute(ISDS) arbitration tribunal ordered South Korea to compensate Lone Star after the U.S. buyout firm accused the government of intervening in its 2012 sale of Korea Exchange Bank to Hana Financial Group.

South Korea and Lone Star both requested that the order be annulled in 2023, with the government arguing that the tribunal had committed procedural violations and the company contending that the required compensation was insufficient.

The 216-point-five million-dollar sum is just four-point-six percent of the roughly four-point-six billion dollars that Lone Star initially sought.