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On March 11, an English court ruled to seize assets in England and Wales of Russia’s state oil company, Rosneft, under a lawsuit filed by managers of the now defunct oil giant Yukos. Rosneft is currently in possession of assets once belonging to what was Russia’s largest oil producer, Yukos, which was liquidated after it was found liable by the Russian judiciary for tax evasion. Yukos’ assets were allegedly sold at auction in order for Yukos to pay off its debts.

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