Shareholders Tell Judge Dutch Supreme Court Upheld $111M Award Against India

(February 9, 2023, 1:31 PM EST) -- WASHINGTON, D.C. — A group of shareholders in an Indian telecommunications company on Feb. 8 urged a District of Columbia federal judge to lift a stay on their petition to confirm an arbitral award worth more than $111 million in their favor against the Republic of India for the termination of a satellite contract after the Dutch Supreme Court rejected India’s application to set aside the merits award against it....