Region: India
Mozambique fails to stay port investor’s treaty claim
An UNCITRAL tribunal has refused to stay an Indian investor’s US$115 million treaty claim against Mozambique over a rail and port project pending a related ICC arbitration commenced by the state.
09 December 2021
Third-party funding in India: principles and challenges
Shaneen Parikh and Anand Mohan of Cyril Amarchand Mangaldas consider third-party funding in India and the practical challenges it faces, while calling on the government to acknowledge its legality and make it available to litigants in the wake of covid-19.
16 November 2021
Singapore injunction upheld against matrimonial website founder
A court in Singapore has upheld an anti-suit injunction against the co-founder of a well-known Indian matrimonial and matchmaking website – apparently the first time a Commonwealth court has ruled on which law applies when determining if a dispute is arbitrable at the pre-award stage.
11 November 2021
Deutsche Telekom targets Air India in US enforcement bid
Deutsche Telekom has asked a second US court to enforce its US$140 million treaty award against India, this time targeting the state’s national airline Air India.
05 November 2021
Shareholders settle non-compete dispute at SIAC
A Singaporean asset manager has agreed to settle a SIAC claim in which it accused fellow shareholders in an Indian oilfield equipment maker of diverting business to competitors.
05 November 2021
Cairn settles tax dispute with India
The UK’s Cairn Energy has agreed to forgo enforcement of a billion-dollar investment treaty award against India as it takes advantage of new legislation allowing the refund of previously collected taxes.
04 November 2021
Indian company wins claim over Rwandan power network
An Indian company has won US$32 million in a claim against a Rwandan state-owned entity over a contract for a power transmission network connecting Rwanda and the Democratic Republic of the Congo.
30 September 2021
LCIA panel decides Indian airline dispute
An LCIA tribunal has issued a final award in a dispute between the billionaire co-founders of India’s largest airline over its corporate governance.
27 September 2021
Delhi airport metro award reinstated
The Indian Supreme Court has reinstated a US$632 million award won by an affiliate of Reliance Infrastructure and its Spanish partner against an Indian state-owned entity over defects in an airport express metro project in Delhi.
14 September 2021
Amazon can enforce emergency award in India
India’s highest court has ruled the country does recognise emergency arbitration awards, upholding enforcement of one secured by Amazon in a SIAC dispute stalling its local business partner from completing of a US$3.4 billion asset sale.
06 August 2021