Russian government property in the United States could be seized after former shareholders of the Yukos oil company sought recognition of a multibillion dollar compensation award in U.S. courts, London’s Daily Telegraph reported on July 3.
Former shareholders in Mikhail Khodorkovsky‘s defunct oil company are seeking recognition in the United States of a $50 billion award of damages from the Russian government, issued by the Permanent Court of Arbitration in The Hague last year.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
If successful, the case could oblige U.S. authorities to freeze Russian government-owned assets, including bank accounts and real estate…
BigNewsNetWork
