Historic Award in the Yukos Majority Shareholders Arbitration

Shearman & Sterling LLP
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In this issue:

- Background of dispute

- Tax reassessments

- Harassment of Yukos

- Settlement offers

- “Rigged” auction

- Harassment of PwC

- Bankruptcy

- Legal findings

- Excerpt from newsletter:

In a historic USD 50 billion award rendered on July 18, 2014, an Arbitral Tribunal constituted pursuant to the Energy Charter Treaty held unanimously that the Russian Federation breached its international obligations under the Energy Charter Treaty by destroying Yukos Oil Company and appropriating its assets.

Please see full publication below for more information.

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