A South Korean court on Friday said it will rule by July 1 on U.S. hedge fund Elliott’s injunction request to block a Samsung C&T Corp shareholder vote on an $8 billion takeover bid from Cheil Industries Inc . In an unusual example of shareholder activism in South Korea, the fund told the court Cheil’s all-stock offer was designed to pave the way for a leadership succession in the family-run Samsung conglomerate and did not serve the best interests of other shareholders.