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Devas Liquidator Says Shareholders Can't Claim $1.3B Award

An official tapped by the Indian government to oversee the liquidation of Devas Multimedia Private Ltd. wants the Ninth Circuit to block shareholders in the satellite communications firm from collecting a nearly $1.3 billion arbitral award, claiming they have no right to that sum.
United States Mani Elango Jayakumar Caleb Symons Thomass Zilly Devas Multimedia Private Ltd Devas Multimedia Private
Source: law360.com

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