Indian Court Sets Aside $1.3B Award In Satellite Deal Fight

By Caroline Simson (August 29, 2022, 8:24 PM EDT) -- A court in India on Monday set aside a $1.3 billion arbitral award issued to satellite company Devas Multimedia Pvt. Ltd. following a decade-old dispute with India's space agency over a nixed telecommunications deal, concluding that the award was marred by fraud....

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