Judge Quashes Yukos Investors' Suit Against Russia

Law360, New York (November 27, 2007, 12:00 AM EST) -- U.S. investors in scandal-ridden Yukos Oil Co. learned Monday they may not proceed in federal court with their lawsuit accusing the Russian Federation, several Russian leaders and natural-gas giant Gazprom of renationalizing Yukos without duly compensating them.

Judge Colleen Kollar-Kotelly of the U.S. District Court for the District of Columbia granted four motions to dismiss filed by the defendants, cutting them all loose from the action.

Kollar-Kotelly admitted that the plaintiffs, a group of 43 purchasers of Yukos American Depository Receipts over the counter or on...
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