The Supreme Court of Mauritius has restrained investors in insolvent satellite company Devas Multimedia from pursuing an investment treaty arbitration against India over the state’s alleged efforts to evade enforcement of a US$1.3 billion ICC award.
17 January 2023
Poupak Anjomshoaa has left the partnership at Baker Botts to launch an international arbitration practice at Africa-focused boutique Trinity International, which has also hired partner Natasha Peter from Gide Loyrette Nouel in Paris.
02 December 2022
White & Case has named five new international arbitration partners across its offices in the US, Poland and the UK.
07 October 2022
A Quebec appeal court has unfrozen US$17 million in funds belonging to India’s national flag carrier, finding that the province’s civil code does not permit enforcement against a state-owned company merely because it is an “alter ego” of a debtor state.
22 September 2022
The Delhi High Court has set aside a US$1.3 billion ICC award against an Indian state-owned entity after finding it suffered from “patent illegalities and fraud” – as a related treaty claim continues.
30 August 2022
John Pierce has left Wilmer Cutler Pickering Hale and Dorr, where he headed the firm's international arbitration practice in New York, to become global co-chair of Latham & Watkins' international arbitration practice.
23 June 2022
India has applied for revision of a US$140 million investment treaty award won by Deutsche Telekom in a dispute over a cancelled satellite deal – arguing a recent ruling by its own Supreme Court shows the award is “tainted by illegality and fraud”.
20 May 2022
India’s airports authority has withdrawn from an international system for collecting airline fees after its funds were frozen by telecoms investors seeking to enforce investment treaty awards.
16 May 2022
A US court has granted India a stay of enforcement of a US$111 million investment treaty award in favour of Mauritian telecoms investors, as a French court denies the investors permission to intervene in an action to enforce a related ICC award.
04 April 2022
The Singapore High Court has ruled that as a foreign state India is entitled to an extra two months to challenge enforcement of a US$137 million investment treaty award and that it does not have to provide security.
15 March 2022
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