Bid To Enforce $1.3B India Award Gets Nixed In Netherlands
By Caroline Simson ( July 21, 2023, 9:54 PM EDT) -- A Dutch court has ruled that a U.S. subsidiary of Indian satellite company Devas Multimedia Pvt. Ltd. is not authorized to enforce a $1.3 billion arbitral award against New Delhi because a liquidator has been appointed by the Indian courts to manage the company's affairs....
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