Judge Stays Case Pending Appeal Of Ruling Setting Aside Yukos Awards
Mealey's (October 3, 2016, 1:29 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on Sept. 30 granted a motion filed by investors in OAO Yukos Oil Co. to stay a petition to confirm, pending the outcome of their appeal of a Dutch court's order setting aside more than $50 billion in arbitral awards issued in their favor and against the Russian Federation (Hulley Enterprises Limited [Cyprus], et al., No. 1:14-cv-01996, D. D.C.).
(Opinion available. Document #05-161025-005Z.)
On Nov. 25, 2014, Hulley Enterprises Limited (Cyprus), Yukos Universal Limited (Isle of Man)...