English Judge Denies India’s Challenge To $111M Award For Oil Field Costs

(June 27, 2022, 10:24 AM EDT) -- LONDON — An English judge on June 9 rejected the Union of India’s applications challenging a $111 million arbitral award issued against it in favor of two oil companies, ruling that the tribunal correctly applied the principle of res judicata under English law and refused to hear India’s objections to an award on damages years after the tribunal determined that costs in questions were recoverable under the parties’ contracts....

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