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HULLEY ENTERPRISES LTD. et al v. RUSSIAN FEDERATION

  1. May 12, 2022

    Yukos Shareholders Were Oligarchs' 'Proxies,' Russia Says

    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.

  2. April 14, 2022

    DC Court Denies Russia's Bid To Pause $50B Yukos Case

    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.

  3. March 21, 2022

    Ex-Yukos Shareholders Ask To End Stay In $50B Award Fight

    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.

  4. December 20, 2021

    Ex-Yukos Investors Want $50B Russia Award Case To Proceed

    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.

  5. December 14, 2021

    Russia Again Looks To Pause $50B Yukos Awards Fight

    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.

  6. June 02, 2021

    DC Circ. Must Resume $50B Award Suit, Int'l Arb. Profs Say

    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.

  7. February 12, 2021

    Russia Slams Stay Dispute In $50B Ex-Yukos Shareholder Suit

    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.

  8. November 23, 2020

    Russia Gets Enforcement Of $50B In Awards Put On Hold

    A D.C. federal judge has agreed that pausing litigation to enforce $50 billion in arbitral awards against Russia is the best way to avoid a "litigation quagmire" that could arise if the Netherlands' highest court nixes the awards, even though those proceedings could last up to five more years.

  9. October 01, 2020

    No Telling If Dutch Court Will Stay $50B Awards, DC Court Told

    Former Yukos Oil Co. shareholders have urged a D.C. federal court to lift a stay on enforcement of $50 billion in arbitral awards, saying there's no indication that the Dutch Supreme Court will grant Russia's separate stay request as the Kremlin seeks to overturn the awards there.

  10. September 29, 2020

    Dutch Court May Pause Enforcement Of $50B Yukos Awards

    Dutch authorities have concluded that the Netherlands' highest court may suspend $50 billion in arbitral awards issued to former shareholders of Yukos Oil Co. as Russia's challenge against those awards remain pending, Moscow told a D.C. federal court weighing whether to enforce them.

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