DoCoMo Says $1.2B Tata Arbitration Tiff Can Be Heard In NY

Law360, New York (December 1, 2016, 9:37 PM EST) -- Japanese cellphone company NTT DoCoMo Inc. asked a New York federal judge Wednesday to dispense with Tata Sons Ltd.’s jurisdictional objections to its petition to confirm a $1.17 billion arbitration award, saying there’s no question the Indian conglomerate has sufficient ties to the Empire State.

DoCoMo initiated the suit in October as part of a multipronged approach to enforce the award, which was issued by a London Court of International Arbitration tribunal in June that concluded Tata breached a shareholder agreement by failing to find a...
To view the full article, register now.