Russia’s Justice Ministry to Appeal Dutch Verdict in Yukos Case
Russia’s Justice Ministry said on Tuesday it would appeal a Dutch court’s decision to overturn the annulment of a $50 billion award to shareholders in the now defunct Russian oil giant Yukos in the Supreme Court of the Netherlands.
In April 2016, The Hague’s District Court had overturned a decision by the Permanent Court of Arbitration ordering the Russian state to compensate shareholders in the company once owned by fallen oligarch Mikhail Khodorkovsky.
Reporting by Andrey Kuzmin; Writing by Gabrielle Tétrault-Farber; Editing by Edmund Blair
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