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Devas Parent Cos. Can't Enter $1.3B Award Fight, Court Hears

By Ali Sullivan (May 16, 2023, 8:08 PM EDT) -- The commercial arm of India's national space program and the liquidator for defunct satellite company Devas Multimedia on Monday urged the Ninth Circuit to refuse to let Devas' Delaware-based parent companies intervene in the court battle over a $1.3 billion arbitral award, saying the parent companies do not have a sufficient stake in the litigation to justify intervention....

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