Judge Declines Intervenor’s Bid To Enjoin $1.3B Award Creditor’s Actions In India

Mealey's (April 2, 2021, 1:12 PM EDT) -- SEATTLE — A Washington federal judge on March 29 declined to enjoin an Indian telecoms company’s actions in set-aside proceedings in India as was sought by the company’s Mauritian shareholders and U.S. subsidiary because doing so would violate international comity despite evidence of collusion in the company’s court-ordered liquidation shortly after an arbitral award worth nearly $1.3 billion was confirmed in its favor against an Indian state-owned corporation....