The U.S. Court of Appeals for the District of Columbia Circuit rejected India’s motion to dismiss, based on sovereign immunity, a $174 million arbitration award in a dispute with German telecommunications provider Deutsche Telekom.

Hughes Hubbard advised Bladex in relation to a $206 million credit facility to support the acquisition by Grupo Estrella of Cemex’s operations in Panama.

Hughes Hubbard successfully represented Kartri Sales Company – which sells a variety of products to the hospitality industry – in its appeal to the Federal Circuit of a $4 million judgment over shower curtains.

New York Law Journal published the article “Hughes Hubbard Stocks Up on Finance Lawyers, Amid Strategy to Build ‘Premier’ Practice,” which describes the firm’s strategy to expand our financial services offerings through the addition of three key partners to our Banking & Financial Services practice.

Hughes Hubbard secured a $165 million victory on behalf of the Customs and Tax Administration of the Kingdom of Denmark, or Skatteforvaltningen (SKAT) in a bench trial on competing claims of breach of a settlement agreement.

The firm is representing Indian IT giant Wipro in its agreement to buy Harman Connected Services, the digital transformation solutions arm of Samsung subsidiary Harman International, for $375 million.