In the cost reimbursement proceedings, the Berlin Higher Regional Court has recently issued a decision mandating the ex-shareholders of Hulley Enterprises Ltd., a company affiliated with the former Yukos Oil Company, to reimburse EUR 188 thousand of legal costs to the Russian Federation.
(The Hague, 22 January 2019): Following the order of Court of Appeal in The Hague (“CoA”) dated 18 December 2018, wherein the CoA paved the course for the further conduct of the appeal proceedings, on 22 January 2019, the CoA fixed the dates for the oral hearings in this matter.
(The Hague, 25 September 2018): By its ruling dated 25 September 2018, the Court of Appeal in The Hague (“CoA”) has dismissed a number of procedural objections
This ICLP site provides the information needed to understand the Yukos case in detail. It contains original court documents as well as first-hand accounts of how Yukos was managed, given by senior managers who worked in Yukos at the time.
It therefore reveals the facts behind the false evidence put forward by the Yukos oligarchs.
READ MORE ABOUT ICLPIn the arbitration the oligarchs claimed that Yukos was misappropriated by Russia in a politically motivated move. Russia believes the oligarchs illegally took control of Yukos through rigged auctions and corruption, then evaded billions in tax. Yukos failed when it didn’t pay the tax it owed.
Read more about court actions8 Aug 2016
Mr. Gololobov served as Yukos Deputy General Counsel and was a member of the Oligarchs’ inner circle from 1995 to 2004. He is the first key Yukos insider to come forward to speak in specific detail about the billion-dollar bribery scheme run by the Yukos oligarchs.
20 Apr 2016
The Dutch District Court in the Hague ruled that the panel of three arbitrators was wrong to consider itself to have jurisdiction in the case and threw out the $50bn awards in their entirety, awarding costs against the Yukos oligarchs.
29 Mar 2016
An interesting diagram portraying the way in which the Oligarchs transferred their shares in a number of complicated stages ultimately hiding their ownership.