Sudhanshu Roy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Sudhanshu roy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Sudhanshu Roy Today - Breaking & Trending Today

Cairn Energy lawsuit in US against Air India may stumble over precedent


Cairn Energy lawsuit in US against Air India may stumble over precedent
May 25, 2021
×
The key issue would be whether Air India is an alter ego of the Government of India
A lawsuit filed in New York by Cairn Energy Plc seeking to declare national carrier Air India as an alter ego of the government to pressurise India to pay the $1.2 billion arbitration award the British oil and gas firm won in a retrospective tax dispute, could stumble if the court takes a recent similar case as a precedent.
The precedent relates to a case brought by Lithuanian creditors against Tajik Air, the national airline of Tajikistan, to enforce a $20 million award. ....

New York , United States , United Kingdom , Sudhanshu Roy , Cairn Energy , Air India , Cairn Energy Plc , International Associate At , Foley Hoag , Tajik Air , Tajik Republic , International Associate , Alter Ego , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , கெய்ன் ஆற்றல் , அேக இந்தியா , கெய்ன் ஆற்றல் ப்ல் , ஃபோலீ ஹொஅக் , சர்வதேச இணை , மாற்ற ஈகோ ,

Louis Dreyfus Armateurs settles entire $7.16 mn in arbitration award on failed contract


May 24, 2021
×
LDA paid the award amount to the government in three tranches with the final instalment in October last year
India has executed the $7.16 million award issued against French shipping firm Louis Dreyfus Armateurs SAS (LDA) relating to a failed cargo terminal contract at state-owned Kolkata Port Trust.
This was confirmed by the government and Foley Hoag LLP, the U.S.-based law firm that acted as the counsel to the Indian government in the arbitration and the subsequent enforcement proceedings.
“India has already executed the $7.16 million award issued against LDA in the underlying arbitration through enforcement proceedings in France. LDA has settled the entire amount due under the award,” said Sudhanshu Roy, International Associate at Washington-based Foley Hoag LLP. ....

West Bengal , Haldia Dock , Louis Dreyfus Armateurs , Louis Dreyfus , Sudhanshu Roy , International Associate At Foley Hoag , Foley Hoag , Permanent Court , Haldia Bulk Terminals Pvt Ltd , Infralogistics Ltd , Kolkata Port , International Associate , Washington Based Foley Hoag , Haldia Dock Complex , Kolkata Port Trust , Arbitral Tribunal , Bilateral Investment Treaty , Arbitration Award To Government , Cargo Terminal Contract , Joint Venture Between Mumbai Listed Abg Infralogistics Ltd And Louis Dreyfus Armateurs , மேற்கு பெங்கல் , ஹால்டியா கப்பல்துறை , லூயிஸ் ட்ரேஃபஸ் , ஃபோலீ ஹொஅக் , நிரந்தர நீதிமன்றம் , இந்ப்ரழோகிஸ்திக்ஸ் லிமிடெட் ,