Supreme Court Eyes Limited Ruling on Foreign Arbitration Award

The Supreme Court appeared prime to rule narrowly in a dispute over when US courts can enforce foreign arbitration awards, and leave the larger constitutional questions for another day.

The case argued Monday started as a contract dispute between two Indian companies in which one sought to enforce the more than $500 million arbitration award in the US.

Devas Multimedia Private Ltd., a privately owned corporation, obtained a more than $500 million arbitration award against Antrix Corp. Ltd., a company owned by the Indian government, over telecommunications services.

But the US Court of Appeals for the Ninth Circuit said American ...