Free Press Journal · DistrictNews · 2026-08-15
US Appeals Court Upholds $562.5 Million Award Against Antrix, ISRO's Commercial Arm
A US appeals court has upheld American jurisdiction in the Devas-Antrix dispute and confirmed a $562.5 million arbitral award against Antrix Corporation. However, it left open whether the award can be enforced after Indian courts annulled it. The issue will now return to a US district court US Appeals Court Upholds $562.5 Million Award Against Antrix, ISRO's Commercial Arm
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