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Cairn Energy Files Lawsuit Against Air India to Enforce Arbitration Award

|Approved Changes|India
India

Cairn Energy has filed a lawsuit against Air India in the U.S. District Court for the Southern District of New York in an effort to force the Indian government to pay a USD 1.2 billion arbitration reward. The lawsuit stems from a decision issued in December 2020 by the Tribunal of the Permanent Court of Arbitration (PCA) in the case of Cairn Energy PLC & Cairn UK Holdings Limited v. India, …

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