Region: India
SIAC award survives coercion allegations
A mining executive and his son who alleged they were coerced at knifepoint into settling a joint venture dispute while suffering from mental illness have lost their challenge to a US$12 million SIAC award in Singapore.
29 July 2022
Future fails to secure early dismissal of Amazon claim
Indian conglomerate Future Group has failed to secure the early dismissal of a SIAC claim brought by Amazon over a US$3.4 billion asset sale on the basis of a parallel decision by a competition authority.
29 June 2022
India fails to upend latest award in protracted oil and gas dispute
The English Commercial Court has dismissed India’s challenge to a previously undisclosed US$111 million UNCITRAL award issued in its 11-year and still-pending dispute with Reliance Industries and BG Group over oil and gas fields.
09 June 2022
India seeks to reopen satellite award
India has applied for revision of a US$140 million investment treaty award won by Deutsche Telekom in a dispute over a cancelled satellite deal – arguing a recent ruling by its own Supreme Court shows the award is “tainted by illegality and fraud”.
20 May 2022
UAE authority loses treaty claim against India
An UNCITRAL tribunal has reportedly dismissed a US$273 million investment treaty claim against India brought by an Emirati investment authority over a cancelled bauxite supply agreement.
19 May 2022
India withdraws from airline payments system
India’s airports authority has withdrawn from an international system for collecting airline fees after its funds were frozen by telecoms investors seeking to enforce investment treaty awards.
16 May 2022
Malaysian challenge fails in Indian oil block dispute
A Malaysian court has upheld an ad hoc award in a dispute between former partners in an offshore Indian petroleum block that was shut down more than a decade ago.
28 April 2022
Indian firm boosts Singapore office with partner hire
Kartikey Mahajan has left Shardul Amarchand Mangaldas to join the partnership at Khaitan & Co in Singapore, as the Indian firm looks to build its disputes practice in its first overseas office.
06 April 2022
Indian drugmaker faces LCIA claim over covid vaccine
A Seattle biotech company is bringing an LCIA claim against its Indian former business partner amid a US$950 million dispute over alleged theft of technology used to develop covid-19 vaccines.
30 March 2022
India gets more time to challenge enforcement in Singapore
The Singapore High Court has ruled that as a foreign state India is entitled to an extra two months to challenge enforcement of a US$137 million investment treaty award and that it does not have to provide security.
15 March 2022