February 22, 2023
India urged a D.C. federal court to maintain a pause on litigation to enforce a $111 million arbitral award issued to three investors in an Indian satellite company while the Netherlands' highest court considers for the first time whether the underlying investment was marred by fraud.
March 28, 2022
A federal judge granted India's bid to pause a dispute over a $111 million arbitral award brought against the country by three Devas investors, entities of a Mauritius-based satellite company, ruling that India had successfully demonstrated a "pressing need for a temporary stay."
September 20, 2021
Three investors of Devas, a satellite company, urged a D.C. federal judge against pausing their suit to enforce a $111 million arbitral award against India, arguing that the country has shown that it has "no intention" of fulfilling the award.
January 13, 2021
A trio of Mauritius-based investors in an Indian satellite company has brought a $111 million arbitral award it won against India following a dispute over a nixed deal to deliver communications services throughout the country to Washington, D.C., for enforcement.