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In The News

13 Jun 2018

Sputnik News: Swedish Court Overturns Claims of Yukos’ Shareholders Against Russia – Lawyer

Sputnik News reports on how in a victory for Russia a Swedish appeals court has reversed the ruling of the Stockholm arbitration tribunal in the legal action filed by Yukos Shareholders against Moscow.

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Press Releases

20 Mar 2018

Brussels Court of Appeal puts an end to YUL’s attempts to enforce the YUL Awards in Belgium

Through a series of judgments the Brussels Court of Appeal has put an end to YUL’s attempts to enforce the YUL Awards in Belgium and preclude it from seeking enforcement of the YUL Awards in the future on the Belgian territory.
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Press Releases

28 Nov 2017

Yukos Affair at The Hague: The Russian Federation files its Defence on Appeal

The Russian Federation has filed its Defence on Appeal in the proceedings brought by Yukos Oligarchs at the Court of Appeal in The Hague.
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Press Releases

2 Nov 2017

Yukos oligarchs drop their legal action in Belgium

The oligarchs have announced that they are abandoning all attempts in Belgium to enforce part of the $50 billion arbitral awards made in 2014, which were overturned by The Hague District Court in 2016.
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Press Releases

10 Oct 2017

Yukos oligarchs abandon their enforcement proceedings in France

The ICLP welcomes the oligarch’s decision to withdraw their enforcement proceedings in France following the Dutch District Court’s decision in April 2016 to overturn the unprecedented $50bn Yukos awards.
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Press Releases

26 Sep 2017

Yukos oligarchs finally pay arbitration award to Russian Federation

Earlier this month, The ICLP issued a claim in the English Courts enforcing an award made in favour of the Russian Federation. The oligarchs have confirmed that they do not contest the application and have paid in full plus interest.
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Press Releases

1 Sep 2017

Russian Federation claims in UK High Court against Yukos Oligarchs to enforce arbitration award

Following an arbitral claim the oligarchs brought against the Russian Federation through the oligarch’s vehicle FPH, The Russian Federation is now compelling the vehicle to pay a London UNCITRAL arbitration costs awards made in September 2016 and is asking the UK High Court to compel FPH to disclose its worldwide assets.
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Press Releases

4 Aug 2017

ICLP statement re Swiss Supreme Court judgement of 20 July 2017

The ICLP has received judgement by the Swiss Supreme Court on the Russian Federation’s challenge of the Swiss-seated Arbitral Tribunal’s Interim Award on jurisdiction.
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Press Releases

30 Jun 2017

Dutch Supreme Court criticises former justice for advising Yukos oligarchs

The Court criticised one of its former members, Mr Hammerstein, for acting improperly by writing a legal opinion at the request of the oligarchs whilst he was still a member of the Supreme Court in a case that was closely connected to a procedure in the Dutch court.
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Press Releases

28 Jun 2017

Paris Court of Appeal recommends referring Yukos case questions to the ECJ

The court recommends submitting a list of questions to the Court of Justice of the European Union (ECJ) for a preliminary ruling aimed at the interpretation of the Energy Charter Treaty. Parties have until 10 October to revert.
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Press Releases

27 Jun 2017

Paris Court of Appeal confirms the release of the seizures of Roscosmos assets

The Court has confirmed the release of the seizures on the €300m previously imposed by Yukos oligarchs as a part of enforcement of the annulled arbitral awards.
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Press Releases

12 Jun 2017

Belgian Court lifts seizure of Russian assets

The Brussels Court of First Instance has lifted the unlawful seizures of Russian property in Belgium, made in 2015 by the Yukos oligarchs.
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In The News

30 Mar 2017

Global Arbitration Review: A bella notte in Milan

GAR Awards: Dutch Court overturn of $50bn Yukos arbitration awards is named most important arbitration decision of 2016 (subscription needed)

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In The News

29 Mar 2017

International Law and Policy Blog: The Fourth Man – An Intriguing Sub-Plot in the Yukos Arbitration

A senior legal commentator comments on reports that an arbitrator’s assistant conceived and drafted 70% of the three most important chapters of the Hague arbitration awards.

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Press Releases

14 Feb 2017

French Court unfreezes Russian assets

A French District Court lifted seizures on money owed by Arianespace to Russian aerospace companies, the eighth court decision decided in favour of Russian parties.
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In The News

6 Feb 2017

The Law Society Gazette: $50bn Russian oil lawsuit set for next stage

Law Society Gazette looks at the next steps of the case and information that has emerged from the witness statement of Dmitry Gololobov, the Yukos ex General Counsel.

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Press Releases

24 Jan 2017

Court of Appeal dismisses bifurcation

The Dutch Appeal Court refused the Yukos oligarchs’ requests for bifurcation - splitting the case into two - and the reversal of the filing sequence.
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In The News

2 Jan 2017

Law 360: 5 International Arbitration Cases To Watch In 2017

Law 360 examines how the case will develop in 2017 (subscription needed)

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Press Releases

15 Dec 2016

Sweden’s Supreme Court dismisses claim

The Swedish Supreme Court has refused to grant leave of appeal of the Svea Court of Appeal decision to annul awards previously made to Yukos minority shareholders by a Swedish arbitral tribunal.
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In The News

30 Nov 2016

Legal Week: The $50bn Yukos saga – partners discuss next round as January court date looms

Ahead of the January 2017 bifurcation ruling in the Dutch Court of Appeal, Legal Week analyses the next round of the Yukos case.

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Press Releases

3 Oct 2016

US District Court and Dutch Appeal Court deal latest blows to Yukos oligarchs’ legal campaign

The Oligarchs had been trying to prevent crucial evidence being heard in the US. The District Court in the District of Columbia rejected this and ruled the evidence must be heard in court.
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In The News

25 Aug 2016

GAR: The justice of the Yukos case – a Russian government view

Andrey Kondakov, Director General of the ICLP, argues how Russian tax authorities, faced with deliberate illegality, presented Yukos with a tax claim. (subscription needed)

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Press Releases

8 Aug 2016

Key Yukos insider reveals billion-Dollar bribery scheme

New testimony in Yukos case showed details of how Khodorkovsky, Nevzlin and other Russian Oligarchs fixed Yukos privatization.
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Press Releases

28 Jul 2016

Russian Federation welcomes the Oligarch’s withdrawal of enforcement proceedings in Germany

The Oligarchs withdrew their request for enforcement in Germany of the $50bn arbitration awards against the Russian Federation.
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Press Releases

19 Jul 2016

Russia to resist legal appeal by the Oligarchs

The Russian Federation noted that the Yukos oligarchs were appealing the firm decision by the District Court of The Hague to strike down the arbitration tribunal awards made by a panel of three arbitrators in 2014, without providing any grounds for their appeal.
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In The News

12 Jun 2016

The Daily Telegraph: Yukos investors hold fire over bid to seize Russian assets

The Telegraph reports how the Yukos oligarchs’ attempts to seize assets are grinding to a halt around the world.

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In The News

11 May 2016

London Evening Standard: Russia targets oligarchs over tax in $50 billion Yukos legal feud

The Evening Standard speaks with Andrey Kondakov, Director General of the ICLP, on how Russia are the wronged party in the Yukos affair.

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In The News

21 Apr 2016

Bloomberg: Russia Wins $50 Billion Ruling in Decade-Old Fight With Yukos

Bloomberg reports on Russia’s victory following the Dutch District Court overturn of the $50bn awards in April 2016 noting that this is the first time in 20 years that a district court has overturned an arbitration ruling. Read the article on Bloomberg.com

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Press Releases

20 Apr 2016

District Court set aside of $50bn awards

The Dutch District Court in the Hague ruled that the arbitral tribunal was wrong to consider itself to have jurisdiction in the case and threw out the $50bn awards in their entirety, awarding costs against the oligarchs.
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In The News

20 Apr 2016

The Independent: Yukos shareholders suffer major blow to demands for compensation from Kremlin

The Independent reports on Russia’s victory following the Dutch District Court overturn of the $50bn awards in April 2016. Read the article on The Independent website.

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In The News

17 Apr 2016

The Sunday Times: Yukos: will Putin pay up?

Ahead of the District Court’s ruling on the Russian Federation’s appeal, The Sunday Times reports on Russia’s core argument that Yukos was stolen in the first place.

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Press Releases

15 Apr 2016

French Court Rules against Yukos Oligarchs

The District Court of Paris confirmed that a slate of freezing orders against Russian entities in France are illegal.
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In The News

17 Nov 2003

Wall Street Journal: The Khodorkovsky Affair

The Wall Street Journal examines the arrest of Khodorkovsky, noting that “when you buy state assets in such dubious backroom deals your rights will never be truly secure”. (subscription needed)

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In The News

1 Mar 2000

Foreign Affairs: Putin’s Plutocrat Problem

Foreign Affairs describes how Putin had to rein in “a dangerous posse of plutocrats riding roughshod over Russia” at the start of his premiership in order to press ahead with his difficult reforms.

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