We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

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)...
To view the full article, register now.