LONDON, OCTOBER 26, 2022 – The High Court in London today lifted the stay on proceedings to have the 50-billion-dollar Arbitral Awards against the Russian Federation for the illegal, politically motivated expropriation of Yukos Oil recognized in England and Wales. This means that the former Yukos majority shareholders can resume their proceedings to have the 50-billion-dollar Arbitral Awards recognised and enforced against Russian state assets located in England and Wales.