Seven years have passed since Russia began the campaign against Yukos Oil Company that led to the re-nationalisation of a business controlling more than 3% of world oil production, comparable in scale to Chevron. The dispossessed owners call it the biggest political expropriation in history. The fall of Yukos has generated history's biggest arbitrations - and by far the largest human rights claim ever - with stakes as high as $100bn (£66bn). The director of the majority shareholder group, Timothy Osborne, vowed a "lifetime of litigation" against those responsible, and he is well on his way.
July 09, 2010 at 06:17 AM
1 minute read
The original version of this story was published on Legalweek
Can a dead oil company still hit a gusher? Michael Goldhaber reports on the epic legal disputes surrounding the fall of Yukos
Seven years have passed since Russia began the campaign against Yukos Oil Company that led to the re-nationalisation of a business controlling more than 3% of world oil production, comparable in scale to Chevron.
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