Legal Updates 13 August 2026
US Court Upholds $1.2 Billion Judgment
A US court has upheld a $1.2 billion judgment against Antrix in the Devas-Antrix case, leaving the issue of India's annulment open. The decision comes after a US district court confirmed the arbitration award in 2020, entering a judgment of about $1.293 billion against Antrix.
The Devas-Antrix case has taken a significant turn with a US court upholding a $1.2 billion judgment against Antrix.
The appeals court rejected the appeal, leaving the issue of India's annulment open.
- The US district court confirmed the arbitration award in 2020, entering a judgment of about $1.293 billion against Antrix.
- The case has been ongoing for several years, with significant implications for India and Antrix.
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