Yukos could still rescue its main asset with help from US judge
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Yukos can succeed in postponing the auction of Yuganskneftegaz on December 19 if the court rules in its favor in the case where the Russian oil giant seeks US Chapter 11 bankruptcy protection.
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Russian oil major YUKOS has filed for bankruptcy protection in a US court and will seek an injunction to stop Russia from auctioning off its main production unit on Dec. 19, it said on Wednesday.
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Yukos is making a last-ditch attempt to use the US courts to preserve some kind of future for itself. But its adventure as Russia&#39;s biggest private sector company - an
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A US judge ordered lenders to stop an auction of OAO Yukos Oil Co.&#39;s biggest unit to help cover a $22 billion tax bill. US Bankruptcy Judge Letitia Clark issued a temporary restraining
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Embattled Russian oil giant Yukos has filed for bankruptcy protection in a US court in an attempt to prevent the forced sale of its main production arm.
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Oil major YUKOS YUKO.RTS said on  Wednesday it had filed for bankruptcy protection in a U.S.  court and would seek an order from the court to halt the Dec.  19 auction by the Russian state of its main production unit.
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Washington - US bankruptcy law, invoked by Russian oil group Yukos on Wednesday, allows a company in financial difficulties to continue functioning while it seeks an agreement with creditors.
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HOUSTON - Gazprom, the Russian state-controlled natural-gas giant, yesterday appealed a US bankruptcy judge&#39;s order that granted oil giant Yukos a temporary injunction halting the auction of its key production subsidiary.
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Russian oil group YUKOS has filed for bankruptcy protection in a US court in an attempt to stop the Russian government from auctioning off its main production unit on Dec.
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A U.S. bankruptcy court is likely to revoke its temporary ban on the sale of Russian oil group YUKOS's main production unit, lawyers said on Friday.
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MOSCOW  - Russia forged ahead with the weekend auction of the core asset of crippled oil giant Yukos despite a disputed US court order barring the sale, with state-controlled gas giant Gazprom entering the bidding.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS despite a U.S. bankruptcy court decision to block it for  several days.
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By a curious twist of fate, the job of rescuing Russian oil giant Yukos has fallen to an American who arrived in Moscow just over a year ago -- and who still needs a translator&#39;s help.
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The American chief executive of Russia&#39;s embattled oil giant Yukos yesterday held out little hope of saving the company from dismemberment by the Putin government this month.
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A US court  will rule on whether to block the forced auction of Yukos assets on Thursday,  the company says.
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Russia will forge ahead with an auction on Sunday to sell the key asset of stricken oil company YUKOS despite an order from a US bankruptcy court blocking the sale for 10 days, an official said on Friday.
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Lawyers for the embattled Yukos oil giant requested a new judge Monday as Russia&#39;s Tax Ministry sought to enforce $1.4 billion US ($1.