November 02, 2022
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.
August 17, 2022
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."
July 14, 2022
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.
May 12, 2022
Records uncovered during Dutch litigation offer new evidence that three former shareholders of the now-defunct Yukos Oil Co. were controlled by Russian oligarchs, meaning they should not have won arbitration awards totaling $50 billion, Russia told a D.C. federal court Wednesday.
April 14, 2022
A D.C. federal judge refused on Wednesday to keep litigation to enforce $50 billion in arbitral awards issued against Russia in 2014 on hold for an appeal in the Netherlands, citing the already protracted nature of the litigation and sanctions imposed against the Kremlin.
March 21, 2022
Former Yukos Oil Co. shareholders urged a D.C. federal court Monday not to extend a stay on their lawsuit seeking to enforce $50 billion in arbitral awards against Russia, while also hinting that they may fight efforts by White & Case LLP to remove itself as the Kremlin's counsel.
December 20, 2021
Former Yukos shareholders are pushing a D.C. federal court not to pause litigation to enforce $50 billion in arbitral awards against Russia as they await a ruling from the Netherlands on the awards' validity, saying Russia's sovereign immunity defense must be resolved immediately.
December 14, 2021
A Netherlands high court decision has left a $50 billion arbitral award issued to the former shareholders of Yukos Oil Co. unenforceable, at least for now, Russia has told a U.S. district court in an attempt to pause the case.
June 02, 2021
A trio of international arbitration professors urged the D.C. Circuit to resume litigation to enforce $50 billion in arbitral awards against Russia while the Kremlin seeks to nix the award in the Netherlands, arguing that a trial judge who paused the case ignored the fact that such awards are presumptively enforceable under international law.
February 12, 2021
Russia bashed a "manifestly groundless" D.C. Circuit bid by former Yukos Oil Co. shareholders to continue a paused $50 billion award confirmation suit, arguing the shareholders are not qualified to judge whether it has sovereign immunity in the case.