Yukos chief executive Steven Theede said, ?Filing for bankruptcy protection in the US was a last resort to preserve the rights of our shareholders, employees and customers.?
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Will US Court Save Yukos»
However, Judge Letitia Clark said the hearing would continue...
Russia?s Yukos has filed for bankruptcy protection in the US, trying to halt the forced sale of its main production unit Yuganskneftegaz.
According to Yukos, a US bankruptcy court will decide whether to block the auction, due to take place on Thursday.
However, Judge Letitia Clark said the hearing would continue on Thursday when arguments in the case would be heard.
Yukos chief executive Steven Theede said, ?Filing for bankruptcy protection in the US was a last resort to preserve the rights of our shareholders, employees and customers.?
Yukos chief executive Steven Theede said, ?Filing for bankruptcy protection in the US was a last resort to preserve the rights of our shareholders, employees and customers.?
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