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Devas investors lose UK appeal over India’s immunity
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Devas investors lose UK appeal over India’s immunity
(Credit: Shutterstock/Arifin_321) The Court of Appeal in London has affirmed that India’s ratification of the New York Convention did not automatically waive the state’s sovereign immunity in an action brought by investors in Devas Multimedia to enforce a US$194 million investment treaty award. To read more Subscribe to Global Arbitration Review Register for limited access Register for free to receive GAR’s daily briefing and access to GAR 1…
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