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US Court Scraps $1 Bn Damages Order Against Byju Raveendran

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SUMMARY

The reversal undercuts a central assumption surrounding the case—that liability had already crystallised into a billion dollar judgment

In its latest order, the court explicitly withdrew references to the $1 Bn figure and confirmed that the next phase will focus on whether the plaintiffs suffered any quantifiable harm

McNutt added that the legal strategy of the founder would see arguments over misleading Courts in India and elsewhere to gain advantage in those proceedings by…

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