Thursday, August 18, 2022

Devas seizes $87k worth Antrix assets in arbitral award enforcement

The Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial arm Antrix that scrapped a satellite deal with the company in 2011, leading to a decade-long legal battle.

from Tech-Economic Times https://ift.tt/FfEhRI4

No comments:

Post a Comment

South Korea's Lee vows to make bold AI investment in record budget push

His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) ...