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UpHealth (OTC: UPHL), a behavioral health solutions provider, announced a key legal victory on May 21, 2024, in the Calcutta High Court. The court dismissed Glocal Healthcare Systems' plea for confidentiality, mandating that they submit detailed affidavits of their assets and liabilities. This ruling reinforces a $110 million award issued by the International Court of Arbitration. UpHealth is currently reviewing these affidavits to enforce the award. CEO Martin Beck stated that this decision supports international arbitration integrity and encourages foreign investment in India.
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