Herbert Smith Freehills review a decision from an UNCITRAL arbitral tribunal, which has reportedly dismissed a US$36 million claim by a French investor against India under the 1997 France-India bilateral investment treaty. While the award is not public at this time, the firm notes that LDA has been ordered to pay approximately US$7 million in respect of India’s substantial legal expenses.
Tribunal Awards India First BIT Case Win, Dismissing French Investor Claims
