Skadden won another victory on behalf of NTT DOCOMO, Japan's largest telecommunications company, bringing an end to the long-standing dispute with Tata Sons. The High Court in Delhi ruled that the June 2016 London Court of International Arbitration award in NTT DOCOMO's favor (approximately $1.2 billion in damages) can be enforced in India, and has approved consent terms between DOCOMO and Tata to this effect. The court further rejected the Reserve Bank of India's application to intervene in the proceedings.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates