Events
Yukos Case
Jan-18-2019
The Supreme Court of the Netherlands rules that the 2006 Russian judgment declaring Yukos Oil bankrupt in the Russian Federation was in violation of principles and values fundamental to Dutch legal order, and will thus not be recognized in the Netherlands.
As a key consequence of this ruling, — which upholds an earlier lower courts appeals court decision — “it has been established definitively that the liquidator was not authorized to transfer shares in Yukos Finance to the Russian company OOO Promneftstroy and that Promneftstroy therefore did not become the owner of shares in Yukos Finance.”
