Ex-Yukos Investors' $50B Awards Properly Nixed, Russia Says

30.09.2019

Ex-Yukos Investors' $50B Awards Properly Nixed, Russia Says

Russia pressed a Dutch appeals court not to revive the record-breaking $50 billion in arbitral awards issued to former Yukos Oil Co. shareholders following the company's demise, arguing the tribunal lacked jurisdiction and wrongly calculated the amount of damages.

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