Judge Stays Bid To Enforce $111M Award Against India Pending Dutch Appeal

Mealey's (March 28, 2022, 1:22 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on March 24 stayed a petition from a group of shareholders to confirm an award worth more than $111 million for the termination of a satellite spectrum contract against the Republic of India pending the outcome of its appeal of the award in the Netherlands, and declined to decide if India waived its sovereign immunity or to order it to post security....

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