Devas Multimedia: Air India seeks to end $1.2-bn US case citing new owner

Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt. in a U.S. court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. 

Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The company is seeking to seize overseas assets of the formerly government-owned flag carrier, which was handed over to Indian conglomerate Tata Sons Pvt. on Thursday, saying the national carrier is an alter ego of the Indian government.

Air India’s filing in a