Compensation from Yukos: How to Find Russia’s Billions

Overview


Sabine Konrad said that the main task in securing compensation to former Yukos shareholders as ordered by the European Court of Human Rights is to obtain evidence that the targets of the settlement are “tools” of the state. “Compensation in the Yukos case is critical for the role of [Russian state oil company] Rosneft in the expropriation of Yukos,” Ms. Konrad explained, but she added that because BP has purchased 20% of Rosneft shares in the decade after the Yukos collapse, “to characterize ‘Rosneft ‘as a tool of the state will be much more difficult.” Read the full article