Judge Confirms $136M Award Against India In German Investor’s Favor

Mealey's ( March 29, 2024, 12:21 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge has granted a German entity’s petition to confirm a Permanent Court of Arbitration (PCA) arbitral award against the Republic of India worth nearly $136 million for damages to its investment in an Indian telecommunications company that had its contract abruptly terminated....