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04-04-2018 

Dutch Parliament calls for European Magnitsky Act

The Dutch Parliament has passed a resolution which calls on its government to push for a European Magnitsky Act. Inspired by the original US Magnitsky Act of 2012, the law would punish human-rights abusers by freezing their assets and denying them travel visas.

The original US Magnitsky Act was passed by the US Congress and signed by President Obama in 2012. It punishes the Russian officials responsible for the murder of Russian tax accountant, Sergei Magnitsky, who died in a Moscow prison in 2009. Since 2016, the US government applies the law to human-rights abusers around the world.

Other news

  • 23-09-2019 

    Yukos shareholders aim to reinstate Arbitral Awards in The Hague

    On 23, 24 and 30 September 2019 at The Hague Court of Appeal in the Netherlands, the former Yukos majority shareholders argue that the Arbitral Awards ordering the Russian Federation to compensate them for the unlawful expropriation of their investment should be reinstated.

  • 21-01-2019 

    Dutch Supreme Court rules that Russia unlawfully bankrupted Yukos

    On Friday 18 January 2019, the Dutch Supreme Court ruled that Russia unlawfully bankrupted Yukos Oil Company. The judgment upholds the ruling of the Appeals Court, which found the politically-motivated bankruptcy so egregious that it violated Dutch public policy.

  • 25-09-2018 

    GML welcomes The Hague Appeals Court ruling

    On 25 September 2018, The Hague Appeals Court clarified the scope of the ongoing Dutch set-aside proceedings where former Yukos majority shareholders (GML) aim to reinstate the Arbitral Awards of 2014, which awarded them more than $50 billion in compensation after Russia unlawfully expropriated their investment.