Friday, May 22, 2015

Yukos shareholders need to arrest the property of the Russian Federation – Ukrainian national news

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Former Yukos shareholders appealed to foreign Courts on the seizure of property of the Russian Federation.

It is reported by the German newspaper & laquo; Süddeutsche Zeitung & raquo ;, citing Tim Osborne, head of the consortium of Group Menatep Limited (GML).

& laquo; We asked about the execution of the sentence in the UK, France and USA & raquo ;, – Osborne said.

See also: Yukos could bring Russia’s rating to the & quot; garbage & quot;

There are plans to take similar action in the Netherlands, Germany and Belgium. Osborne said that such a step the former shareholders of the company have gone, because Russia refuses to comply with the court’s decision in The Hague.

Which objects GML and the former owners of Yukos have determined to arrest, has been kept secret. It is believed that it could be a part of companies or real estate. The only exceptions are assets such as, say, the Russian Embassy.

See also: Russia appealed to the Hague – wants to cancel the decision on YUKOS

As reported, last summer, the court in The Hague ordered Russia to pay compensation to former Yukos shareholders of $ 50 billion. This is the first time in history when private investors are requesting from the state as compensation for such a large sum. For its part, Russia has submitted to the District Court of The Hague three applications for setting aside an award on the claims of former Yukos shareholders.

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Former Yukos shareholders appealed to the courts on the issue of foreign seizure of the Russian Federation.

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Former Yukos shareholders appealed to the courts on the issue of foreign seizure of the Russian Federation.

It is reported by the German newspaper “Süddeutsche Zeitung”, citing Tim Osborne, head of the consortium Group Menatep Limited (GML).

«We have asked about the performance sentence in the United Kingdom, France and the US “- said Osborne.

See also: can bring Yukos Russia’s rating to” junk “

There are plans to take similar action in the Netherlands, Germany and Belgium. Osborne said that such a step the former shareholders of the company have gone, because Russia refuses to comply with the court’s decision in The Hague.

Which objects GML and the former owners of Yukos have determined to arrest, has been kept secret. It is believed that it could be a part of companies or real estate. The only exceptions are assets such as, say, the Russian Embassy.

See also: Russia appealed to the Hague – wants to cancel the decision on YUKOS

As reported, last summer, the court in The Hague ordered Russia to pay compensation to former Yukos shareholders of $ 50 billion. This is the first time in history when private investors are requesting from the state as compensation for such a large sum. For its part, Russia has submitted to the District Court of The Hague three applications for setting aside an award on the claims of former Yukos shareholders.

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