Legal News

Yukos owners abandon French enforcement bid for US$50bn awards (Russia v Yukos)

Published on: 12 October 2017
Published by a Law360 reporter

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Article summary

Law360, New York: The former majority shareholders of the Yukos Oil Co announced on 10 October 2017 that they have abandoned their efforts in France to enforce US$50bn in arbitral awards that were set aside in 2016 to focus their attention on having the awards reinstated by a Dutch appeals court.

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