India Urges Judge To Leave $111M Award Fight Stayed Pending 2nd Dutch Appeal

Mealey's (February 23, 2023, 12:15 PM EST) -- WASHINGTON, D.C. — The Republic of India urges a District of Columbia federal judge to disregard arguments by shareholders in an Indian telecommunications company that the court should lift its stay on the shareholders’ petition to confirm arbitral awards worth more than $111 million after the Dutch Supreme Court rejected India’s first appeal, arguing that the case should remain stayed while its second appeal is pending....