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The Ninth Circuit's February 6, 2024, decision denying rehearing en banc of Devas v. Antrix and upholding its earlier ruling to overturn the enforcement of a $1.3 billion...
The Ninth Circuit’s February 6, 2024, decision denying rehearing en banc of Devas v. Antrix and upholding its earlier ruling to overturn the enforcement of a $1.3 billion arbitration...
In a breather to Antrix Corporation Ltd, the commercial arm of ISRO, the Delhi High Court on Monday set aside an arbitral order which had directed the former to pay damages of over $560 million along with interest to Bengaluru-based Devas ...
The year 2016 was a bag of mixed fortunes for the Indian Space Research Organisation (ISRO) with successes on the technological front and setbacks on the legal front.
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.