Russian bankruptcy declaration of Yukos Oil definitely not recognized in the Netherlands

18 Jan 19

A Russian judgment in which Yukos Oil was declared bankrupt in 2006 in the Russian Federation is definitely not recognized in the Netherlands. That is the outcome in cassation now that the Supreme Court has rejected the appeal against the decision of the Amsterdam Court of Appeal . An important consequence of the non-recognition of the Russian bankruptcy judgment is that the power of the curator of Yukos Oil to perform legal acts is also not recognized in the Netherlands.

Click here to read the original article in Dutch.

DISCLAIMER: The English version is a translation from the Dutch original RECHT.NL article and is for information purposes only. In case of a discrepancy, the Dutch original will prevail.