The US District of Columbia Court of Appeals dismisses former Yukos shareholders in a $ 50 billion lawsuit against Russia
Former shareholders of the Yukos company, which no longer exists in the official registers, are demanding compensation from Russia (the state) in the amount of more than $ 50 billion. With such claims and appeals, appeals followed in several instances. Recently, these courts have ruled against the ex-shareholders.
So, it became known that the Court of Appeal in the United States decided to reject the claim of the ex-shareholders of Yukos, while satisfied the petition of the defendant - Russia.
The plaintiffs tried to convince the Court of Appeal of the need to review the decision of the lower court, which suspended the case. Ultimately, the case was reportedly closed. As reported RIA News, Russia's petition that the case not be reopened, thus the Court of Appeals for the District of Columbia (USA) upheld.
The case is now heard exclusively in the courts of the Netherlands. Let us remind you that earlier and there the former shareholders of YUKOS, who were going to receive a "round sum" from Russia, suffered a serious defeat. In their case, one can only hope for the cancellation of the decision of the lower court in the Supreme Court (we are also talking about the court in the Netherlands). The American court, apparently, decided not to get involved in this protracted and pretty confusing process, considering that what the final decision will be in the Netherlands, it should be the same and, as they say, in principle. Additional proceedings in other countries in the case of ex-shareholders would lead to a chain of legal incidents in which, for example, the Court of Appeal in one country overturned the decision of the same court in another country.
Recall that earlier the Russian judicial authorities had already made an unambiguous decision on this issue: the Constitutional Court of the Russian Federation ruled not to pay compensation in the amount of $ 57 billion in this case. After the amendments were made to the Constitution of the Russian Federation, Russian legislation has legislative priority in Russia over international legislation, and even more so over the legislation of a separate foreign country.
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