Judge Sacks Part Of Yukos Lawsuit

Law360, New York (March 30, 2006, 12:00 AM EST) -- As the contentious Yukos bankruptcy case continues to unfold in Russia, a U.S. judge has partially dismissed a long-standing shareholder securities lawsuit against the oil giant, citing a lack of jurisdiction.

On Thursday, U.S. District Judge William Pauley of New York tossed out several claims brought against Menatep Ltd., a company once controlled by former Yukos chief executive Mikhail Khodorkovsky, while allowing a slew of others to proceed.

The claims were part of a 2004 class action lawsuit filed in U.S. District Court in New York,...
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