9th Circuit Won’t Stay Mandate Pending Petition For Cert In $1.3B Award Row

(March 12, 2024, 11:08 AM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on March 11 denied three Mauritian entities and one U.S. company’s joint motion as intervenors to stay the issuance of a mandate reversing the confirmation of an arbitral award worth more than $1.3 billion in favor of a liquidated Indian satellite company, which they sought while they petition the U.S. Supreme Court for a writ of certiorari on the issue of Ninth Circuit precedent requiring minimum contacts analysis under the Foreign Sovereign Immunities Act (FSIA)....