US Supreme Court allows trial of USD 1.29 billion arbitral award enforcement suit against India’s Antrix Corporation in US courts
The United States Supreme Court has held that a USD 1.29 billion arbitral award enforcement suit filed by Mauritius-based CC/Devas and India-based Devas Multimedia (plaintiffs) against India’s Antrix Corporation can be proceeded in the US courts without the plaintiffs having to show that Antrix had ‘minimum contacts’ with the United States. The verdict set aside…
