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Between 1996 and 2003, Yukos became one of the largest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 Fortune 500, Yukos was ranked as the 359th largest company in the world. [2]
Mar 10, 2015 · Mikhail Khodorkovsky, the chair of Yukos, then the largest oil company in Russia, was arrested at gunpoint and imprisoned. The following spring, Gaillard explained, “the Russian authorities fabricated enormous tax claims against Yukos, about $20 billion,” effectively bankrupting the company and forcing it into state control.
Yukos shareholders v. Russia are several international court and arbitral cases seeking compensation from the government of Russia to the former shareholders of Yukos based on the claim that Russian courts were not acting in good faith in launching tax evasion criminal proceedings against Yukos, which led to the bankruptcy of the company.
Oct 11, 2022 · Oct 11 - Former shareholders of defunct oil giant Yukos on Tuesday asked a judge in London to allow the enforcement of a $50 billion arbitration award against Russia, arguing that recent...
- Sam Tobin
Feb 20, 2024 · 2:44. Russia failed to overturn a ruling in the Netherlands that ordered Moscow to pay around $50 billion in the bankruptcy case of Yukos Oil Co., once the largest Russian oil and gas company....
Apr 14, 2022 · (Reuters) - Russia cannot again pause U.S. litigation brought by shareholders of the defunct oil company Yukos to enforce a $50 billion judgment against the country, a judge in Washington, D.C.,...
Feb 18, 2020 · 18 February 2020. AFP. Yukos was previously Russia's biggest oil and gas firm. A Dutch court has upheld an appeal by shareholders demanding billions of dollars in compensation from the Russian...
