Devas shareholders to continue seizing Indian assets abroad - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Devas shareholders to continue seizing Indian assets abroad

"The decision by the Supreme Court does not change anything. The Modi government and the Indian courts cannot rewrite the facts. Their flimsy allegations of fraud will never stand up in courts outside of India," said Matthew D McGill, partner at Gibson, Dunn & Crutcher, and lead counsel for several Devas' shareholders. "A better approach for the Modi government would be to return to the negotiating table, and continue with settlement talks."

from Industry-Economic Times
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