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The Dutch Supreme Court upheld a $50 billion award against Russia for unlawfully seizing Yukos, paving the way for global enforcement.
The Dutch Supreme Court has rejected Russia’s final appeal in the Yukos case, upholding a $50 billion arbitration award to former shareholders.
The ruling confirms that Russia unlawfully expropriated Yukos, a former top oil company, through a massive tax claim after CEO Mikhail Khodorkovsky’s 2003 arrest.
The decision, a landmark in international law, affirms that no state is above legal accountability.
The award, now over $65 billion with interest, will be enforced globally by targeting Russian state assets.
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El Tribunal Supremo holandés confirmó una indemnización de 50.000 millones de dólares contra Rusia por la incautación ilegal de Yukos, allanando el camino para la aplicación global.