US court rejects billion-dollar claim of ex-Yukos shareholders against Russia

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Federal Courthouse in Alexandria, Virginia, USA - 1920, 12/02/2021

WASHINGTON, Dec 2 – The US Court of Appeal rejected the claim of the ex-shareholders of the Yukos oil company against the Russian Federation for $ 50 billion, the court ruling says.
The court granted the petition of the defendant, represented by Russia, and rejected the petition of the ex-shareholders of the oil company to review the decision of the lower court, which suspended the case.
“The petition was granted, the case was closed,” the court ruling says.

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