Russia Ordered to Pay $50 Billion Over Yukos Oil Case Settlement

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Russia Ordered to Pay $50 Billion Over Yukos Oil Case Settlement

Over the illegal. On 5 november 2021 the dutch supreme court struck down the order for russia to pay $ 50 billion to former shareholders and referred the case back to the amsterdam court of appeal. · russia failed to overturn a ruling in the netherlands that ordered moscow to pay around $ 50 billion in the bankruptcy case of yukos oil co. , once the largest russian oil and gas company. London (ap) — russian president vladimir putin’s government must pay $ 50 billion for using tax claims to destroy yukos , once the country’s largest oil producer, and its kremlin-critical ceo, an international court has ruled. The supreme court of the netherlands on friday rejected russia ’s last remaining challenge to the yukos arbitration awards, confirming more than $ 50 billion in damages that now exceed $65. The dutch supreme court has rejected russia s final remaining legal challenge to $ 50 billion in arbitral awards issued to former shareholders of yukos oil co. · russia has been ordered by an arbitration court in the hague to pay shareholders of yukos a record $ 50 billion in compensation over its seizure of the one-time oil giant, lawyers for the. · a record $ 50 - billion payment from russia to shareholders of dismantled oil giant yukos remains in force after the dutch supreme court on friday quashed a russian appeal, ending a.

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