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Future Files New Case Against Amazon In Top Court Over $3.4 Billion Retail Deal

 3 years ago
source link: https://nextbigwhat.com/future-amazon-case/
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Future Files New Case Against Amazon In Top Court Over $3.4 Billion Retail Deal

  • The top court had also said Future could not appeal a lower court’s decision against it.
  • Future Retail on Saturday filed a new case against Amazon.com Inc at the Supreme Court in its latest effort to seek clearance for its $3.4 billion retail assets sale, which the U.S. firm has challenged.
  • The Supreme Court this month dealt a blow to Future when it said an interim decision by a Singapore arbitrator in October 2020 that put its deal with Reliance Industries on hold – following Amazon’s complaint – was valid in India.
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