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HULLEY ENTERPRISES LTD. et al v. RUSSIAN FEDERATION

  1. November 17, 2023

    Russia Can't Escape Suit To Enforce $50B In Arbitral Awards

    Russia cannot escape a long-running case to enforce $50 billion in arbitral awards issued to former shareholders of Yukos Oil Co., a D.C. federal judge concluded on Friday, saying to rule in Moscow's favor would "risk upending the global community's predominant mechanism for international commercial dispute resolution."

  2. October 17, 2023

    Russia Denies Weight Of Dutch Opinion In $50B Award Fight

    Russia on Monday fought back against an argument from former shareholders of Yukos Oil Co. that an advisory opinion to the Dutch Supreme Court finding that the Kremlin agreed to arbitrate its dispute with the shareholders constitutes the "final word" from the Dutch courts on that issue.

  3. October 03, 2023

    Ex-Yukos Shareholders Say $50B Arbitration Suit Can Proceed

    A recent opinion by a Dutch advocate general confirms that Russia agreed to arbitrate a dispute over the demise of Yukos Oil Co. that resulted in $50 billion in arbitral awards against the Kremlin, the company's former shareholders have told a D.C. federal judge.

  4. August 09, 2023

    Russia Cites Foreign Rulings In Defense Against $50B Awards

    Russian authorities say recent court judgments out of Canada and Sweden support the notion that a U.S. federal judge can vacate arbitral awards holding the Kremlin liable for $50 billion, broadening the scope of an enforcement fight against two exiled oligarchs.

  5. May 17, 2023

    Spain Decision Irrelevant To Awards, Yukos Shareholders Say

    Former shareholders in the Yukos Oil Co. pushed back Tuesday on claims from Russia's attorneys that a recent decision to dismiss an arbitration against Spain means it should also escape arbitral awards currently before a D.C. federal judge.

  6. May 12, 2023

    Russia Says DC Decision Shows Yukos Awards Can Be Nixed

    Attorneys for Russia argued to a District of Columbia federal court that the recent decision to dismiss an arbitration claim in a different case illustrates why the court should let it escape $50 billion in arbitral awards that the court is mulling whether to enforce.

  7. December 14, 2022

    White & Case Can't Exit $50B Yukos Case Yet, Court Hears

    White & Case LLP on Tuesday continued to face headwinds in its bid to withdraw from representing Russia as the country's government fights enforcement of $50 billion in arbitral awards issued to former shareholders of Yukos Oil Co., as the ex-shareholders argued that the firm must remain in the litigation for another six months.

  8. November 02, 2022

    Russia Says Swiss Court Got Analysis Wrong In Yukos Case

    Russia fought back against arguments by former Yukos Oil Co. shareholders that a recent ruling from Switzerland's highest court affirming a $5 billion arbitral award issued to Yukos' financing arm backs the shareholders' efforts to enforce $50 billion in arbitral awards against Moscow.

  9. August 17, 2022

    Ex-Yukos Shareholders Hit Russia For Dragging Out $50B Suit

    The former shareholders of Yukos Oil Co. urged a D.C. federal court to block Russia from cross-examining several witnesses in the shareholders' effort to enforce $50 billion in arbitral awards from 2014, slamming the Kremlin's bid for an evidentiary hearing as needless, unlawful and "preposterously late."

  10. July 14, 2022

    White & Case Can't Withdraw From $50B Yukos Case Yet

    White & Case LLP revealed Wednesday that it still hasn't been able to withdraw from representing the Russian government in litigation filed in Washington, D.C., by former Yukos Oil Co. shareholders to enforce $50 billion in arbitral awards and that it will continue facing resistance as it moves toward that goal.

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