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.
November 23, 2020
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.
October 01, 2020
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.
September 29, 2020
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.
September 02, 2020
A D.C. federal court on Wednesday allowed Russia to file an extra reply to former Yukos Oil Co. shareholders, in which it insists proposed clarifications to a treaty justify an ongoing stay in litigation to enforce $50 billion in arbitral awards against the Kremlin.
August 27, 2020
Former shareholders of Yukos Oil Co. trying to enforce $50 billion in arbitral awards against Russia argued in D.C. federal court on Wednesday that debates within the European Union over the interpretation of an underlying treaty don't impede their ability to collect the judgment.
August 06, 2020
Russia on Wednesday urged a D.C. federal court to continue a pause on litigation filed by former Yukos Oil Co. shareholders to enforce a $50 billion arbitral award against the country, saying an ongoing appeal in the Netherlands merits a continued stay.
July 10, 2020
Former shareholders in Yukos Oil Co. have urged a D.C. federal court not to pause litigation to enforce $50 billion in arbitral awards against Russia, saying that despite an ongoing appeal before the Dutch Supreme Court, the awards are enforceable in the Netherlands and should be in the U.S. as well.
June 16, 2020
Russia is asking a D.C. federal court to keep litigation filed by former shareholders of Yukos Oil Co. to enforce $50 billion in arbitral awards against Moscow on hold, saying that proceeding with the case now would be a waste of time if the Dutch Supreme Court decided to overturn the awards.