Devas will pursue its rights in courts around the world: Matthew D McGill

The only urgency is coming from the Indian government, which has taken outrageous actions to evade payment of the award, and expropriate Devas, says McGill

Topics
Devas | NCLT

Sudipto Dey 

Devas Multimedia is out to enforce a $1.2-billion international arbitration award arising from a failed contract with Antrix Corporation, the commercial arm of ISRO, by approaching US courts this week to lay claim on Air India’s assets abroad.

Matthew D McGill, partner at Gibson, Dunn & Crutcher, and lead counsel for a number of Devas’ shareholders, explains what necessitated this latest move in the US courts, via an e-mail interview to Sudipto Dey. Edited excerpts: With appeals pending before the National Company Law Appellate Tribunal (NCLAT) and the Supreme Court, ...

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First Published: Thu, July 01 2021. 06:10 IST
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