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US court confirms order asking Indian Govt to pay $132-M to Deutsche Telekom in Devas case

Business Line  

The United States District Court of Columbia has confirmed a USD 132-million award to Deutsche Telekom (DT) against the Government of India. The German company had petitioned the court to confirm the award by the United Nations Commission on International Trade Law arbitration, after it found that India was in violation of the bilateral investment treaty signed between Germany and India. The case follows the Indian government terminating, in 2011, a spectrum deal between state-owned Antrix and Devas - in which DT was a shareholder.DT has sought enforcement of this award in the US. The Indian government had tried to dismiss this petition on two fronts. Firstly, that the US was not the appropriate jurisdiction to enforce this award and also that DT did not have sufficient evidence to claim this award.

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