Telecom Co. Beats Bid To Toss $563M Satellite Deal Award

22.04.2019

Telecom Co. Beats Bid To Toss $563M Satellite Deal Award

A Washington federal court has denied a bid to toss an Indian telecom company's suit seeking confirmation of a more than $562.5 million arbitral award stemming from a canceled satellite-leasing deal, while simultaneously pausing the suit as the award is challenged in India's courts.

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