Hugh Norbury KC and Adil Mohamedbhai have secured a significant victory for investment company Kleros Capital Partners Limited in an arbitration against Indian energy giant Tata Power

Instructed by Squire Patton Boggs, Hugh Norbury KC and Adil Mohamedbhai have secured a significant victory for investment company Kleros Capital Partners Limited in an arbitration against Indian energy giant Tata Power, with a tribunal ordering Tata Power to pay US$490.32 million in damages as well as interest and legal costs under Singapore International Arbitration Centre (SIAC) rules.

The dispute arose from claims made by Kleros that Tata Power breached confidentiality and non-circumvention clauses related to a potential coal mining partnership in Russia.

Hugh and Adil worked with a team at Squire Patton Boggs led by partner Barry Stimpson, assisted by Christopher Bloch, Angela Yap and Henry Spence.