April 22, 2022
Shareholders of Devas Multimedia Pvt. Ltd. urged the Ninth Circuit to affirm a ruling enforcing a nearly $1.3 billion arbitral award against the Indian state-owned Antrix Corp., accusing India and Antrix of launching a decadelong campaign of harassment and obstruction in an attempt to avoid payment.
January 04, 2022
Shareholders of Devas Multimedia Pvt. Ltd. won approval on Monday to target assets in Virginia to enforce a nearly $1.3 billion arbitral award, even as the Indian satellite company faces an alleged "brazen" plot hatched by New Delhi to dodge its obligations under the award.
November 19, 2021
Investors in a satellite communications company have urged a federal judge to issue an order allowing them to register a $1.29 billion award enforcement nationwide, so they can begin seizing the U.S. assets of India's state-owned space corporation.
August 17, 2021
A federal judge in Washington state said Devas Multimedia shareholders would be permitted to track down assets and enforce a $1.3 billion arbitral award they say is owed by Indian space agency Antrix, ruling on Monday that the investors have the legal authority to do so.
August 10, 2021
A Washington federal judge denied a request by newly appointed counsel for Indian satellite company Devas Multimedia Private Ltd. to pause a $1.3 billion award confirmation suit, criticizing a court-appointed liquidator in India who waited nearly four months to replace counsel after firing the old one.
July 07, 2021
Antrix urged a Washington federal court Tuesday to block an Indian satellite company's shareholders' attempts to track down assets and enforce a $1.3 billion arbitral award, minutes after the investors sought to force a response from the Indian space agency.
April 28, 2021
An Indian court has rejected a bid to shut down the government-authorized liquidation of Devas Multimedia Pvt. Ltd., an Indian satellite company that's attempting to enforce a nearly $1.3 billion arbitral award against a division of the country's space agency.
March 25, 2021
A Washington federal judge ruled that the U.S. subsidiary for Indian telecommunications company Devas Multimedia Private Ltd. may not substitute its parent company in the $1.3 billion award confirmation suit against a division of India's space agency.
March 17, 2021
A division of India's space agency has urged a Washington federal judge to rescind a restraining order, claiming it interferes with challenging a $1.3 billion arbitral award against it and blasting the court for being a "gatekeeper" to such proceedings.
March 03, 2021
Investors in Devas Multimedia Pvt. Ltd. demanded on Tuesday that an Indian government-appointed liquidator relinquish case files he obtained after firing counsel working to enforce the Indian satellite company's $1.3 billion arbitral award against a division of India's space agency.