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05-11-2021 

Dutch Supreme Court refers one issue to Court of Appeal

The former Yukos majority shareholders today won on all substantive grounds of Russia’s appeal to the Dutch Supreme Court. However, the Court also decided that certain factual allegations need to be reviewed in full, having been decided previously by the Court of Appeal on purely procedural grounds. Therefore, the Supreme Court has referred the case to the Court of Appeal in Amsterdam, which will review this one limited issue. You can read our press release here.

Tim Osborne, Chief Executive of GML, the holding company of the former Yukos majority shareholders, said: “We will study the Supreme Court ruling, but are confident that the Court of Appeal in Amsterdam will dismiss the baseless allegations raised by the Russian Federation, and the Arbitral Awards will be upheld.”

Ander nieuws

  • 04-12-2020 

    Dutch Supreme Court rules Yukos shareholders can continue to enforce Arbitral Awards

    On 4 December 2020, the Supreme Court (Hoge Raad) of the Netherlands ruled that the former Yukos majority shareholders can continue to enforce their $50 billion Arbitral Awards. You can read the Supreme Court's press release here.

  • 18-05-2020 

    Yukos shareholders seize vodka trademarks in The Netherlands

    The former Yukos majority shareholders have seized a number of alcohol drinks trademarks in the Benelux region, which are owned by the Russian Federation. The trademarks include the well-known Stolichnaya and Moskovskaya vodka brands.

  • 18-02-2020 

    Gerechtshof Den Haag houdt Arbitrale Vonnissen van meer dan $50 miljard in stand

    Vandaag heeft het Gerechtshof Den Haag besloten de Arbitrale Vonnissen van 2014 in stand te houden. In die Arbitrale Vonnissen werd de Russische Federatie veroordeeld tot betaling van een schadevergoeding van meer dan 50 miljard dollar aan de voormalige meerderheidsaandeelhouders van Yukos voor de onrechtmatige onteigening van hun investering.