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Yukos was a successful oil and gas company founded in 1993 and owned by oligarch Mikhail Khodorkovsky. It was broken up and bankrupted by the Russian government in 2007, after facing tax claims and political persecution.
Feb 18, 2020 · A Dutch court has upheld an appeal by shareholders demanding billions of dollars in compensation from the Russian state for breaking up the once-mighty Yukos oil company.
Feb 20, 2024 · An Amsterdam court on Tuesday rejected Russia’s final argument in a years-long legal battle over a $50 billion arbitration award that is centered on claims by former shareholders that the Kremlin deliberately bankrupted Russian oil giant Yukos to silence its CEO, a fierce critic of President Vladimir Putin.
Mar 13, 2020 · The case marked the rise of the newly elected Russian President Vladimir Putin’s regime, and heralded much of what would become the hallmark of Putin’s rule. The Yukos example became a by-word for what happens to those who dare to challenge Putin’s regime.
Jul 28, 2014 · A decision by the Permanent Court of Arbitration in The Hague to award former shareholders of Yukos damages totalling $50bn is the latest in an extraordinary series of events that saw the oil...
Nov 1, 2023 · Russia cannot claim state immunity to avoid the enforcement of a $60 billion arbitration award over the expropriation of defunct oil group Yukos, London's High Court ruled on Wednesday.
Oct 11, 2022 · Former Yukos shareholders have urged London’s High Court to allow them to restart legal action aimed at trying to secure a $50bn award made almost a decade ago over Russia’s seizure of what was...
People also ask
Who owns Yukos Oil?
Did Russian state break up Yukos Oil Company?
Did the Kremlin deliberately bankrupt Yukos to silence its CEO?
Did Yukos go bankrupt?