Hong Kong International School settles dispute and ends ties with US co-founder
AI-summarized · Neutrality-checked
The Hong Kong International School (HKIS) resolved an almost year-long legal dispute with its US-based co-founder, the Lutheran Church-Missouri Synod (LCMS), through an out-of-court settlement. The agreement resulted in the termination of the Operating Agreement between the two parties, effectively ending the LCMS's governance role within the school. HKIS board chairman Harold Kim stated that the school made a substantial payment to reach this resolution.
Consequences
The school stated that the settlement payment will not result in tuition fee increases or affect planned future investments. The institution intends to continue its normal annual budget process for future tuition adjustments.
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