Netherlands Supreme Court overturns $50 billion ruling against Russia
JURIST
NOVEMBER 7, 2021
The Supreme Court of the Netherlands overturned judgments of the The Hague Court of Appeal on Friday. The judgments — dated September 25 of 2018 and February 18 of 2020 — ordered Russia to pay $50 billion as part of an arbitration award to shareholders of Yukos. Yukos was a Russian company engaged in oil production which was owned by Mikhail Khodorkovsky, a Russian oligarch.
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