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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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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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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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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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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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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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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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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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