Tag Archives: yukos

The Hague District Court has set aside the six awards issued in the Yukos v. the Russian Federation case

The Hague District Court (Commercial chamber) – Judgment of 20 April 2016 The legal fight opposing the former Yukos’ majority shareholders against the Russian Federation has taken a new turn since a judgment issued on 20 April 2016 by the Hague District Court permitted the Russian Federation to mark a decisive victory in this large-scale […]

Petition for setting aside the famous Yukos awards made public by the Russian Ministry of Finance

In July 2014, three historical awards have been rendered under the aegis of the Permanent Court of Arbitration (“PCA”) in the Hague, ordering the Russian Federation to pay over $50 billion in compensation to former Yukos Oil Company shareholders. The three arbitration proceedings having resulted in these awards were commenced in 2005 by the former […]