Cairn arbitration battle opens up a can of worms – 19 Jul 2021

The Cairn arbitration battle has opened up a can of worms in terms of sovereign powers and the ability of a company to extract an award in its favor.

Cairn and Vodafone are not the only companies facing the brunt of Indian laws, there are others, with most recent case coming up last month

Cairn’s enforcement kitty includes airlines, shipping corporation vessels, bank accounts, oil and gas fields and cargoes of the Indian state-owned enterprises