Aggrieved investors in Russia's Yukos Oil Co. can pursue claims in New York for the loss of their investments due to an allegedly illegal tax avoidance scheme in the Russian Federation. Southern District of New York Judge William Pauley last week refused to dismiss the bulk of the claims against Yukos, which is accused by the federation of underpaying some $27.5 billion in taxes.
April 03, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Aggrieved investors in Russia’s Yukos Oil Co. can pursue claims in New York for the loss of their investments due to an allegedly illegal tax avoidance scheme in the Russian Federation.
Southern District of New York Judge William Pauley on Thursday refused to dismiss the bulk of the claims against Yukos, which is accused by the federation of underpaying some $27.5 billion in taxes.
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