Business Standard

Thursday, December 19, 2024 | 05:42 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Matthew D McGill
Premium

Matthew D McGill, partner at Gibson, Dunn & Crutcher

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, what was the urgency for moving courts in the
Topics : Devas NCLT

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in