Legal Updates 13 August 2026
India Arbitration Ruling
The Ninth Circuit has upheld a $1.2 billion US judgment in the Devas-Antrix case, leaving the annulment process in India unresolved, after Indian courts set aside the arbitration award, with the process becoming final, this ruling has significant implications for India's arbitration landscape and its potential impact on future investments.
The Devas-Antrix case has taken a significant turn with the Ninth Circuit upholding a $1.2 billion US judgment.
The key points of the case are:
- The Ninth Circuit has upheld the $1.2 billion US judgment
- The annulment process in India remains unresolved
- Indian courts had set aside the arbitration award, which has now become final.
This ruling has significant implications for India's arbitration landscape and its potential impact on future investments.
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