LatestLegal Updates 16 August 2026
US Court Revives Devas Award
A US appeals court has revived a $565 million compensation award against Antrix, an Indian space company, the question now is whether the Indian ruling prevents US courts from recognising and enforcing the arbitration award, this comes after a long dispute between Devas and Antrix over a satellite contract, the award was initially given to Devas in 2015 but was put on hold due to various appeals and court decisions, the case has been ongoing for several years and has involved multiple court decisions in both India and the US, with the latest decision being seen as a significant development in the case
The US appeals court has *revived the $565 million compensation award* against Antrix, an Indian space company. The question now is whether the Indian ruling prevents US courts from recognising and enforcing the arbitration award. Key points of the dispute include:
- A satellite contract between Devas and Antrix
- A $565 million compensation award given to Devas in 2015
- The award was put on hold due to various appeals and court decisions
- The case has been ongoing for several years and has involved multiple court decisions in both India and the US
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