Indian Company Urges Court Not To Substitute U.S. Subsidiary In $1.3B Award Row

Mealey's (March 22, 2021, 9:43 AM EDT) -- SEATTLE — An Indian state-owned corporation in a March 15 brief argues that a Washington federal judge should not substitute as plaintiff the U.S. subsidiary of an Indian telecoms company that won confirmation of an arbitral award worth nearly $1.3 billion and is currently in liquidation proceedings in India, and in another brief contends that it would violate international comity for the court to enjoin the proceedings in India as is sought by the subsidiary and the telecoms company’s Mauritian shareholders....