Court of Appeal declares that India is not immune from the Devas investors’ enforcement efforts and reinstates IATA seizure
The evolving landscape of state immunity in award-enforcement proceedings in Canada The rise of investor-state disputes, which has taken place globally over the last two decades, has led to a growing number of recognition and enforcement proceedings of foreign arbitral awards before Canadian courts by award creditors seeking to execute against the Canadian assets of delinquent sovereign debtors in the recent years. Against this backdrop, the proceedings initiated by the…

