All news

Proceedings of ex-Yukos shareholders vs Russia going according to schedule

The US court administration told TASS that on Monday the plaintiffs had given their response to a petition of the Russian side on the refusal to implement the arbitration decision

WASHINGTON, November 25, /TASS/. Despite the change of the judge, the proceedings on the lawsuit against Russia by the former shareholders of the Yukos oil company underway in the US Federal Court in Washington, D.C., are going in accordance with the schedule. The court administration told TASS that on Monday the plaintiffs had given their response to a petition of the Russian side on the refusal to implement the arbitration decision. They suggest rejecting the motion.

Russian lawyers are to come up with their considerations by December 11.

These deadlines have been determined by former Judge Amy Berman Jackson who recused herself from the trial the other day. According to the case files, that was her personal decision, although she formally granted the plaintiff’s motion.

So far it is unclear whether new Judge Beryl Howell will change anything in the order of the court proceedings. Judging by her service record, she used to specialize mainly in proceedings in criminal matters, not arbitration proceedings.

The litigation is confined to a dispute on recovering a $50-billion compensation in favor of the plaintiffs by the decision of the arbitral court.

Tags