Russia set for showdown with international law amid $57bn Yukos oil empire battle & ruling over jailed opposition figure Navalny ...News

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Russia set for showdown with international law amid $57bn Yukos oil empire battle & ruling over jailed opposition figure Navalny
What matters more: Rulings from overseas courts, or laws made by politicians back home? That’s the question Russian officials are weighing up, after a string of court orders they say are at odds with the country’s own principles. An international legal battle over the collapsed Yukos oil empire has been raging for more than a decade in courts across the world, most notably in the Netherlands and the US. A record-breaking $57 billion legal bill now hangs in the balance. Former shareholders in the now-defunct company accuse the Russian government, which regards them as oligarchs acting in bad faith, of “appropriating” its assets and caus

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