Russia to submit cassation claim on Yukos case to Dutch Supreme Court by May 20
The international arbitration, brokered by the Permanent Court of Arbitration in the Hague, made its ruling a decade after the case started in 2014
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The international arbitration, brokered by the Permanent Court of Arbitration in the Hague, made its ruling a decade after the case started in 2014
Kremlin is punished for failure to pay costs to defunct oil giant's former shareholders
The Russian state will go on trial for failing to pay $60bn (£49bn) to former shareholders of defunct oil behemoth Yukos, after a British judge blocked the country’s bid for immunity.
Three former shareholders of the oil giant are fighting to enforce a 2014 arbitration award
Previously, the Russian Federation had already lost half of its international reserves worth $300 billion.