Media: hundreds of lawyers is working on an appeal by the Yukos case “day and night” – Rosbalt.RU

April 20, 2016, 21:09 | Yukos | court | payments | Russia

 Over the appeal in the Yukos case in the hundreds of professionals working within the last year, “day and night”, including in France. This publication reports Les Echos.

 French journalists Valerie and Yves de Sennevil Burdiyon in his article, “Billions and threats: Yukos story without end” explain that the Tribunal’s decision does not indicate the end of the legal battle between Russia and the former shareholders of the oil company

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 “Given the judicial and media arsenal, used by both parties, it is evident that the losing party will submit an appeal. And so it will go from appeal to appeal. And perhaps everything will be delayed for decades, “- emphasizes the publication, explaining that it is not only the” scramble around $ 50 billion, “but the matter is having a” huge political and diplomatic background of »

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 According to media reports, a year ago in Russia to work on this case was created by the so-called International Legal Protection Center. “Day and night, hundreds of professionals working hard to find counter-arguments to the former shareholders of Yukos. Their challenge is to prove that the administrative secretary of the court played a crucial role in making this decision at the time, as he was not a judge, “- the newspaper notes

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 “According to experts, an administrative secretary, hired by the head of the arbitration court of the Hague Court, wrote at least three of the” text of the decision, told Les Echos in Paris lawyer of the Russian Federation Andrea Pinna. According to counsel, it is contrary to the practice in arbitration courts. This argument may seem superficial, says French edition, but it demonstrates that the lawyers hired by the Russian Federation do not miss a single detail.

 In addition, one of the Russian advisers in France, told the publication that the Court of Arbitration in The Hague, “misinterpreted the Energy Charter”. To justify its decision, the court relied on the Energy Charter, which sets the rules for cross-border energy cooperation, but has not been ratified by Moscow in 1994. “In addition, the meaning of the Charter is to protect the investment, but the defendants no investment in Yukos have not done,” – said the source Les Echos

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 For its part, the Parisian ex-Yukos shareholders’ attorney Emmanuel Gaillard called the Russian arguments “artificial».

 As reported today, the Hague District Court overturned the decision of Russia to pay compensation in the amount of $ 50 billion in favor of the former shareholders of Yukos. The Court of Appeal found that the competence of the Arbitration Court was not the consideration of such claims.

 

 The former Yukos shareholders have already said they will appeal to the “unexpected” verdict. “We intend to appeal. It may take about a couple of weeks “, – said their lawyer, Tim Osborne

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