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CC/Devas (Mauritius) Ltd et al v. Air India, Ltd.
Case Number:
1:21-cv-05601
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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September 03, 2021
Air India Can't Escape Litigation Over Awards, Court Hears
Creditors of India owed more than $1 billion in unpaid arbitral awards are fighting back against efforts by the country's airline to short-circuit allegedly premature efforts to seize its assets, saying there's no need to wait for their awards to be confirmed for the lawsuits to proceed.
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August 25, 2021
Air India Says Arbitral Enforcement Suits Jump The Gun
Air India is fighting back against what it says are premature efforts to seize its assets to enforce more than a billion dollars' worth of arbitral awards against New Delhi, telling a New York court that the litigation filed by Britain's Cairn Energy and shareholders in an Indian satellite company is improper.
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June 29, 2021
Devas Goes After Air India In Fight For $1.3B Arbitral Award
Investors in a satellite communications company have targeted India's government assets with a new lawsuit against Air India in New York federal court, ramping up efforts to collect on overdue arbitral awards worth over $1.3 billion.