Yukos Seeks $160M From Rosneft

The Dutch remnant of bankrupt Yukos Oil can seek $160 million in interest on arbitration awards from Rosneft, Russia’s biggest oil company, a British judge ruled. Britain’s Act of State, which blocks English judges from questioning the legitimacy of domestic actions by “friendly” governments, doesn’t apply to the case, in which Yukos Capital relies on findings that a Russian court unfairly favored Rosneft in a dispute over $425 million in loans, Justice […]