November 2, 2017 — The former majority shareholders decided to withdraw from enforcement proceedings in Belgium after the Brussels Attachments Court released all the attachments of the Russian Federation’s assets. This follows on new Belgian legislation – the so-called ‘Yukos law’ – which was enacted in 2015 by the federal government in response to Russian pressure. The new legislation drastically limits the possibility of attaching further assets belonging the Russian Federation in Belgium. This means it no longer makes economic sense to enforce the 2014 Arbitral Awards in Belgium.