The beleaguered oil major also asked the Court for an emergency hearing issues preliminary injunction to postpone the planned Dec. 19th auction of Yuganskneftegaz, and to compel the Russian authorities to arbitrate the Company's claims for the billions of dollars in damages.
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Yukos Asked Washington For Protection
Russian oil giant Yukos yesterday filed for bankruptcy protection in the US
Russian oil giant Yukos yesterday filed for bankruptcy protection in the US in attempt to halt the forced sale of its key production subsidiary Yuganskeneftegaz.
The oil company made the filing in the Texas? Bankruptcy Court, Houston Division. U.S. Bankruptcy law has worldwide jurisdiction over property of the debtor.
The beleaguered oil major also asked the Court for an emergency hearing issues preliminary injunction to postpone the planned Dec. 19th auction of Yuganskneftegaz, and to compel the Russian authorities to arbitrate the Company's claims for the billions of dollars in damages.
The beleaguered oil major also asked the Court for an emergency hearing issues preliminary injunction to postpone the planned Dec. 19th auction of Yuganskneftegaz, and to compel the Russian authorities to arbitrate the Company's claims for the billions of dollars in damages.
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