Satellite tv for pc Co. buyers need paperwork in $ 1.3 billion row


Law360 (March 3, 2021, 12:20 a.m. EST) – Traders in Devas Multimedia Pvt. Ltd on Tuesday requested a government-appointed liquidator to drop information he obtained after dismissing a lawyer tasked with implementing the Indian satellite tv for pc firm’s $ 1.3 billion arbitration award towards a division of the Indian house company.

Three Devas shareholders despatched a letter to the liquidator, Mr Jayakumar, arguing that these paperwork are protected by solicitor-client privilege and that his appointment by the Indian authorities in liquidation proceedings towards the corporate has been challenged. .

The shareholders claimed that the liquidation proceedings have been a part of a “authorities occupation” of Devas orchestrated by his enemy in arbitration, …

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