USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

222

Yukos Shareholders Go To Law Against Yukos

Yukos key shareholders and creditor banks filed a lawsuit Friday in a $1.1 billion against Yukos

Yukos Shareholders Go To Law Against Yukos

Yukos key shareholders and creditor banks filed a lawsuit Friday in a $1.1 billion against Yukos in order to get some cash out before its expected collapse.

Group Menatep, the main Yukos shareholder, is to claim $650 million from Yukos through its subsidiary Moravel.

Moravel filed its suit together with a claim from a syndicate of more than 10 western banks, led by Societe Generale and including Deutsche Bank AG, Citigroup and ING NV. ?We have the same position as the banks. Both have a claim against Yukos Oil,? said Moravel?s lawyer Allard Huizing.

The banks are chasing about $480 million outstanding from $1 billion loaned to Yukos in 2003.

Подпишитесь

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru