Date: 4 months ago   Category: World

The Court of Appeal in the Netherlands didn't recognize the decision on bankruptcy Yukos - RIA Novosti, 5/9/2017


Office of the Yukos oil company. Archival photo
MOSCOW, on May 9 — RIA Novosti. The Court of Appeal of Amsterdam has decided that the decision of arbitration court of Moscow of 2006 according to which the Yukos company has been declared the bankrupt can't be recognized in legal system of the Netherlands, has reported the Associated Press agency of.© AFP 2017/ANP/Bart Maatresheniye courts of the Hague on "Yukos case" recognized as the most important verdict the godaarbitrazhny court of Moscow in 2004-2005 has exacted about Yukos in total more than 300 billion rubles of debt on payment of taxes for 2000-2004, and in the summer of 2006 the oil company has been declared bankrupt. In 2007 the winner of an auction for sale of shares of the Yukos Finance B.V company. (the affiliated structure registered in Holland declared bankrupt Yukos) there was LLC Promneftstroy. The new resolution of court in Amsterdam says that the receiver Yukos couldn't issue transition of the property right to the stocks Yukos Finance B.V.Dannoye according to the Dutch legislation the judgment greeting has been made by the group representing the former shareholders Yukos.Treteysky court of the Hague has obliged Russia to pay in 2014 to the companies affiliated with the former shareholders Yukos, nearly 50 billion dollars. Russia has challenged this decision, and in April, 2016 District court in the Hague has nullified it.

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