Indian Liquidator Of $1.2B Award Creditor Opposes Shareholders’ Bid To Intervene

Mealey's (March 9, 2021, 12:38 PM EST) -- SEATTLE — The liquidator of an Indian satellite broadband company, who was appointed by an Indian court and fired the company’s legal team after they won confirmation in a Washington federal court of an award worth approximately $1.29 billion against an Indian state-owned corporation, says in a March 5 brief that under Indian law he, not a group of Mauritian shareholders, should be allowed to intervene in court on the company’s behalf....

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