"Gazprom" Can Sleep Peacefully – Ex-Yukos Shareholders Unlikely to Halt Deal - McDermott Will & Emery

“Gazprom” Can Sleep Peacefully – Ex-Yukos Shareholders Unlikely to Halt Deal

Overview


Sabine Konrad doubted that lawyers for former Yukos shareholders who were awarded damages against Russia’s Gazprom state energy company “will stand at the gate and try to seize the assets involved” in a major new Gazprom asset swap transaction. Even if the shareholders sued to get the assets, Ms. Konrad added, “the resulting litigation will last for years, until the proceedings reach the level of the highest and last resort.” Read the full article.